Proficio Capital Partners LLC acquired a new position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the second quarter, HoldingsChannel reports. The fund acquired 1,627 shares of the semiconductor company’s stock, valued at approximately $726,000.
Several other large investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Synopsys during the second quarter valued at about $7,228,099,000. State Street Corp increased its stake in Synopsys by 0.3% during the fourth quarter. State Street Corp now owns 8,788,890 shares of the semiconductor company’s stock worth $4,128,317,000 after acquiring an additional 28,532 shares during the last quarter. Morgan Stanley raised its holdings in shares of Synopsys by 2.5% in the 4th quarter. Morgan Stanley now owns 4,573,980 shares of the semiconductor company’s stock worth $2,148,491,000 after purchasing an additional 109,917 shares during the period. Geode Capital Management LLC raised its holdings in shares of Synopsys by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock worth $2,017,256,000 after purchasing an additional 54,329 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Synopsys by 17.0% in the 4th quarter. Van ECK Associates Corp now owns 2,593,619 shares of the semiconductor company’s stock valued at $1,218,275,000 after purchasing an additional 376,711 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.
Synopsys News Roundup
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Synopsys reported fiscal Q3 revenue of $2.477 billion, up 42.4% year over year, while non-GAAP EPS of $3.91 exceeded the $3.67 consensus estimate. Design Automation was the primary contributor, indicating broad demand for chip-design software. Synopsys Posts Financial Results for Third Quarter Fiscal Year 2026
- Positive Sentiment: Management raised its fiscal 2026 outlook to approximately $9.715 billion in revenue and $15.07 in non-GAAP EPS at the midpoints. The company also projected fourth-quarter EPS of $4.10-$4.16, above the $3.78 analyst consensus, citing continued AI-driven demand and benefits from the Ansys business. Synopsys raises annual forecasts on AI-driven chip design software demand
- Positive Sentiment: Synopsys continues to position AI as a growth driver, saying customers are achieving substantial productivity gains and that engineering workflows are moving toward more autonomous systems. Nvidia’s reported $2 billion investment in Synopsys also reinforces the strategic importance of AI-powered design and simulation. Nvidia’s $2 Billion Synopsys Bet Signals AI’s Next Frontier
- Neutral Sentiment: Analyst sentiment remains favorable: Rosenblatt reaffirmed a Buy rating and set a $575 price target. However, SNPS trades at a high earnings multiple, leaving the shares sensitive to guidance, execution and valuation concerns. Rosenblatt Reiterates Buy Rating on Synopsys
- Negative Sentiment: The stock declined even after the earnings beat and guidance increase. The reaction indicates that strong results may already have been priced in, while full-year revenue guidance was broadly aligned with expectations and fourth-quarter revenue guidance of $2.53-$2.58 billion did not clearly exceed consensus. Synopsys slides even as it boosts full-year guidance
Insider Activity
Analyst Ratings Changes
SNPS has been the subject of a number of research reports. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a report on Wednesday, August 19th. Bank of America lifted their price target on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Piper Sandler raised shares of Synopsys from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $450.00 to $550.00 in a research report on Tuesday, June 23rd. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $575.00 target price on shares of Synopsys in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $563.71.
Synopsys Price Performance
Shares of SNPS stock opened at $410.00 on Thursday. The firm has a fifty day simple moving average of $416.71 and a 200-day simple moving average of $439.84. The company has a market capitalization of $78.51 billion, a PE ratio of 94.91, a price-to-earnings-growth ratio of 2.40 and a beta of 1.23. Synopsys, Inc. has a twelve month low of $366.00 and a twelve month high of $615.79. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.67 by $0.24. The firm had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm’s quarterly revenue was up 42.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Equities research analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.
Synopsys 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.
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