Synopsys (NASDAQ:SNPS) Price Target Raised to $505.00 at Wells Fargo & Company

by · The Cerbat Gem

Synopsys (NASDAQ:SNPS – Get Free Report) had its target price lifted by analysts at Wells Fargo & Company from $450.00 to $505.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the semiconductor company’s stock. Wells Fargo & Company‘s target price would suggest a potential downside of 1.28% from the company’s current price.

Several other research firms have also issued reports on SNPS. Citigroup increased their price target on shares of Synopsys from $580.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday. Needham & Company LLC restated a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Rosenblatt Securities reduced their target price on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Morgan Stanley reiterated an “equal weight” rating and issued a $480.00 price target (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. Finally, The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the stock a “buy” rating in a report on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Synopsys has an average rating of “Hold” and a consensus price target of $536.00.

Check Out Our Latest Report on Synopsys

Synopsys Price Performance

Shares of NASDAQ SNPS traded up $2.27 during mid-day trading on Thursday, reaching $511.55. The company had a trading volume of 119,543 shares, compared to its average volume of 2,005,751. The firm has a market cap of $97.99 billion, a price-to-earnings ratio of 79.59, a PEG ratio of 4.19 and a beta of 1.25. The business’s 50-day simple moving average is $441.11 and its 200 day simple moving average is $448.68. Synopsys has a one year low of $376.18 and a one year high of $651.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36.

Synopsys (NASDAQ:SNPS – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter in the prior year, the business posted $3.03 earnings per share. Synopsys’s revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, research analysts predict that Synopsys will post 10.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Sowell Financial Services LLC boosted its position in Synopsys by 2.0% during the 4th quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company’s stock worth $496,000 after buying an additional 21 shares during the period. Natural Investments LLC increased its position in Synopsys by 4.6% in the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock valued at $226,000 after acquiring an additional 21 shares during the period. Financial Management Professionals Inc. raised its stake in shares of Synopsys by 7.0% during the fourth quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock valued at $157,000 after acquiring an additional 22 shares during the last quarter. Foronjy Financial LLC raised its stake in shares of Synopsys by 5.2% during the fourth quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock valued at $210,000 after acquiring an additional 22 shares during the last quarter. Finally, Barden Capital Management Inc. lifted its holdings in shares of Synopsys by 1.2% during the fourth quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock worth $877,000 after purchasing an additional 23 shares during the period. Institutional investors and hedge funds own 85.47% of the company’s stock.

About Synopsys

(Get Free Report)

Synopsys, Inc is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) used to design, verify and manufacture integrated circuits and complex systems-on-chip (SoCs). Its product portfolio spans tools and technologies for front‑end design and synthesis, simulation and verification, physical implementation and signoff, and design-for-manufacturability, enabling chip designers to move from architecture through tape‑out.

In addition to core EDA offerings, Synopsys supplies a broad set of semiconductor IP building blocks — such as interface, memory and analog/mixed-signal cores — that customers integrate into SoCs to accelerate development.

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