Synopsys (NASDAQ:SNPS) Trading 6.3% Higher – Here’s What Happened
by Danessa Lincoln · The Markets DailySynopsys, Inc. (NASDAQ:SNPS – Get Free Report) shares shot up 6.3% on Friday . The stock traded as high as $495.00 and last traded at $485.5510. 394,878 shares traded hands during trading, a decline of 81% from the average session volume of 2,075,959 shares. The stock had previously closed at $456.85.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on SNPS. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Wells Fargo & Company lowered their price target on Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Finally, HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price on the stock. in a report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $531.00.
Read Our Latest Report on SNPS
Synopsys Price Performance
The firm has a market capitalization of $95.48 billion, a PE ratio of 77.30, a P/E/G ratio of 3.90 and a beta of 1.15. The company has a 50-day moving average price of $424.75 and a 200-day moving average price of $445.17. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.56 by $0.21. The company had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The firm’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period last year, the company earned $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Sell-side analysts forecast that Synopsys, Inc. will post 10.3 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in SNPS. Stanley Laman Group Ltd. lifted its stake in shares of Synopsys by 542.9% in the 3rd quarter. Stanley Laman Group Ltd. now owns 12,877 shares of the semiconductor company’s stock valued at $6,353,000 after purchasing an additional 10,874 shares in the last quarter. Empirical Asset Management LLC purchased a new position in Synopsys in the third quarter valued at approximately $773,000. Strategic Advisors LLC grew its stake in Synopsys by 76.3% during the third quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock worth $3,739,000 after buying an additional 3,279 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of Synopsys by 24.8% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 23,970 shares of the semiconductor company’s stock worth $11,827,000 after acquiring an additional 4,759 shares in the last quarter. Finally, Ninety One UK Ltd purchased a new position in shares of Synopsys in the 3rd quarter valued at $249,851,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.
About Synopsys
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.