Synopsys, Inc. (NASDAQ:SNPS – Get Free Report) reached a new 52-week low during trading on Saturday . The stock traded as low as $366.00 and last traded at $384.27, with a volume of 5035714 shares changing hands. The stock had previously closed at $417.03.
Synopsys News Roundup
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Benchmark upgraded Synopsys (SNPS) to strong-buy, reinforcing a bullish long-term view on AI-driven demand for electronic design automation software. Zacks.com
- Positive Sentiment: Synopsys continues to have strong analyst support overall, with brokerage ratings averaging Moderate Buy and several recent price targets well above the current share price. American Banking News
- Neutral Sentiment: New commentary suggests the recent pullback may be a “buy the dip” opportunity, but that view is still based on technical support levels rather than a new fundamental catalyst. Trefis
- Negative Sentiment: SNPS is falling alongside a broader chip and tech selloff, which is weighing on sentiment across the semiconductor group. Benzinga
- Negative Sentiment: Investors are also worried about muted growth in Synopsys’s Design IP business and export-control headwinds, which may be limiting enthusiasm despite the earnings beat. Quiver Quantitative
Analyst Upgrades and Downgrades
SNPS has been the subject of several research reports. Robert W. Baird set a $558.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Morgan Stanley upped their price objective on shares of Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. KeyCorp reaffirmed an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Stifel Nicolaus lifted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $570.06.
Synopsys Stock Performance
The company has a 50-day moving average of $469.31 and a 200-day moving average of $458.62. The company has a market cap of $73.58 billion, a PE ratio of 88.95, a PEG ratio of 2.45 and a beta of 1.22. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the prior year, the firm posted $3.67 EPS. Synopsys’s quarterly revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current year.
Insider Activity
In related news, CFO Shelagh Glaser sold 3,394 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at $6,461,387.16. This trade represents a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer directly owned 75,020 shares in the company, valued at $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.56% of the company’s stock.
Hedge Funds Weigh In On Synopsys
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Merit Financial Group LLC grew its holdings in shares of Synopsys by 15.5% in the second quarter. Merit Financial Group LLC now owns 25,247 shares of the semiconductor company’s stock valued at $11,262,000 after acquiring an additional 3,392 shares in the last quarter. Formidable Asset Management LLC increased its position in shares of Synopsys by 15.4% during the second quarter. Formidable Asset Management LLC now owns 1,780 shares of the semiconductor company’s stock valued at $794,000 after acquiring an additional 238 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Synopsys by 25.5% during the second quarter. Ballentine Partners LLC now owns 1,435 shares of the semiconductor company’s stock worth $640,000 after acquiring an additional 292 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in Synopsys by 8.7% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 463 shares of the semiconductor company’s stock worth $207,000 after acquiring an additional 37 shares during the period. Finally, OFI Invest Asset Management boosted its position in Synopsys by 118.0% in the second quarter. OFI Invest Asset Management now owns 69,418 shares of the semiconductor company’s stock worth $30,965,000 after purchasing an additional 37,571 shares during the last quarter. 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.
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