D.A. Davidson & CO. lifted its stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 21.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,943 shares of the semiconductor company’s stock after acquiring an additional 1,228 shares during the period. D.A. Davidson & CO.’s holdings in Synopsys were worth $3,261,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SNPS. Vanguard Group Inc. lifted its holdings in Synopsys by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after purchasing an additional 283,677 shares in the last quarter. State Street Corp grew its holdings in shares of Synopsys by 20.6% during the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock worth $4,322,273,000 after buying an additional 1,493,912 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after buying an additional 1,990,608 shares in the last quarter. Capital Research Global Investors raised its position in shares of Synopsys by 226.6% in the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after buying an additional 1,751,432 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of Synopsys by 15.3% during the third quarter. Van ECK Associates Corp now owns 2,216,908 shares of the semiconductor company’s stock valued at $1,093,800,000 after buying an additional 293,784 shares during the period. Hedge funds and other institutional investors own 85.47% of the company’s stock.
Analysts Set New Price Targets
Several analysts have commented on the stock. Rosenblatt Securities lowered their target price on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research note 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 report on Wednesday, February 25th. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research note on Friday, February 20th. Piper Sandler decreased their price target on Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Finally, Needham & Company LLC restated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Synopsys has a consensus rating of “Hold” and an average price target of $531.00.
Synopsys Trading Up 0.3%
Shares of Synopsys stock opened at $482.60 on Friday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The company’s fifty day simple moving average is $430.07 and its 200-day simple moving average is $445.72. The company has a market cap of $92.45 billion, a price-to-earnings ratio of 74.94, a PEG ratio of 3.93 and a beta of 1.15. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33.
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business’s revenue was up 65.6% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, sell-side analysts expect that Synopsys, Inc. will post 10.3 EPS for the current year.
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.
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