Wells Fargo & Company Cuts Synopsys (NASDAQ:SNPS) Price Target to $450.00

Synopsys (NASDAQ:SNPS) had its price objective reduced by analysts at Wells Fargo & Company from $500.00 to $450.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the semiconductor company’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 5.53% from the stock’s current price.

Several other equities research analysts have also recently commented on the company. Wall Street Zen raised Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. JPMorgan Chase & Co. increased their price target on Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Rosenblatt Securities lowered their price objective on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday. Zacks Research upgraded shares of Synopsys from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Finally, HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a report on Friday, February 20th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $535.67.

Synopsys Trading Down 5.1%

Shares of NASDAQ:SNPS traded down $22.74 during trading on Thursday, reaching $426.43. The stock had a trading volume of 1,386,175 shares, compared to its average volume of 2,164,043. Synopsys has a 52 week low of $365.74 and a 52 week high of $651.73. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62. The firm’s fifty day moving average is $472.85 and its 200 day moving average is $479.02. The stock has a market cap of $81.69 billion, a price-to-earnings ratio of 53.39, a P/E/G ratio of 3.67 and a beta of 1.12.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same quarter in the previous year, the business earned $3.03 earnings per share. Synopsys’s revenue for the quarter was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, equities analysts forecast that Synopsys will post 10.64 EPS for the current fiscal year.

Insider Buying and Selling at Synopsys

In other Synopsys news, insider Janet Lee sold 250 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the transaction, the insider directly owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the sale, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,157 shares of company stock worth $1,945,036. Corporate insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SNPS. Alpine Bank Wealth Management raised its position in Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the last quarter. TFC Financial Management Inc. raised its holdings in shares of Synopsys by 1,250.0% in the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC bought a new position in shares of Synopsys during the third quarter valued at about $27,000. SOA Wealth Advisors LLC. purchased a new position in Synopsys during the third quarter worth about $28,000. Finally, McIlrath & Eck LLC bought a new stake in Synopsys in the 3rd quarter worth about $29,000. Institutional investors own 85.47% of the company’s stock.

Synopsys News Roundup

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Q1 beat and strong top‑line growth — Synopsys reported $3.77 non‑GAAP EPS and $2.41B revenue (up ~65% YoY), beating estimates and hitting the high end of guidance, driven by Design Automation and Ansys contribution; board approved a $2.0B buyback. Synopsys Q1 Earnings Surpass Estimates Press Release
• Positive Sentiment: FY26 EPS guide appears strong/possibly conservative — several analysts say the company’s FY26 EPS framework may be conservative given current demand, supporting longer‑term upside. Guidance Likely Conservative
• Neutral Sentiment: Wall Street consensus remains bullish but mixed — the average brokerage view is a Buy, yet some firms trimmed models/targets after the print; that keeps analyst guidance influential but not uniform. Analyst Coverage
• Negative Sentiment: Guidance and regional risks disappointed traders — commentary and forecasts flagged a muted near‑term revenue outlook (China export restrictions cited), which investors interpreted as a signal that fiscal Q2 growth could be constrained. Reuters: Muted Quarter
• Negative Sentiment: Market reacted poorly despite the beat — shares dipped after the print as investors focused on the softer forward revenue tone and model changes; some firms cut price targets (Piper Sandler to $430, Rosenblatt trimmed its target). 24/7 Wall St. market reaction Benzinga: Analyst Cuts
• Negative Sentiment: Integration, costs and leverage concerns persist — investors flagged Ansys-related integration charges, a GAAP loss in the quarter, workforce reductions and a heavy debt load (~$13.5B), which raise execution and balance‑sheet risk during the near term. QuiverQuant: Integration & outlook 24/7 Wall St.: Debt Concerns

Synopsys Company Profile

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.