Synopsys, Inc. (NASDAQ:SNPS) Stock Has Consensus Price Target of $561.00 According to Analysts

Shares of Synopsys, Inc. (NASDAQ:SNPS) have received a consensus rating of “Moderate Buy” from the twenty-one analysts that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $574.61.

Several research analysts have recently weighed in on SNPS shares. Wells Fargo & Company upgraded Synopsys from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $450.00 to $475.00 in a research note on Thursday, September 10th. UBS Group set a $570.00 price objective on Synopsys in a research note on Thursday, August 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 price objective on shares of Synopsys in a report on Thursday, August 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $575.00 target price on shares of Synopsys in a research note on Tuesday, August 25th. Finally, Zacks Research cut shares of Synopsys from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st.

Insider Buying and Selling

In other news, CEO Sassine Ghazi sold 14,604 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $374.88, for a total value of $5,474,747.52. Following the completion of the transaction, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at $28,815,151.20. This trade represents a 15.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Aart de Geus sold 25,000 shares of Synopsys stock in a transaction on Monday, August 31st. The shares were sold at an average price of $441.76, for a total value of $11,044,000.00. Following the completion of the transaction, the insider owned 120,421 shares of the company’s stock, valued at approximately $53,197,180.96. This trade represents a 17.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 89,245 shares of company stock valued at $37,992,919 over the last quarter. 0.56% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC grew its holdings in Synopsys by 19.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,866 shares of the semiconductor company’s stock valued at $6,631,000 after buying an additional 2,377 shares in the last quarter. Gemmer Asset Management LLC purchased a new stake in shares of Synopsys in the second quarter worth about $224,000. National Pension Service boosted its position in shares of Synopsys by 1.9% in the second quarter. National Pension Service now owns 470,136 shares of the semiconductor company’s stock valued at $209,714,000 after acquiring an additional 8,748 shares during the period. Engineers Gate Manager LP boosted its position in shares of Synopsys by 172.7% in the second quarter. Engineers Gate Manager LP now owns 16,365 shares of the semiconductor company’s stock valued at $7,300,000 after acquiring an additional 10,363 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in Synopsys by 30.4% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,236 shares of the semiconductor company’s stock valued at $551,000 after acquiring an additional 288 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Synopsys Trading Down 0.6%

NASDAQ:SNPS opened at $415.09 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $79.55 billion, a PE ratio of 73.34, a price-to-earnings-growth ratio of 2.29 and a beta of 1.23. The firm’s 50 day moving average is $402.20 and its 200 day moving average is $435.37. Synopsys has a 12 month low of $362.55 and a 12 month high of $539.48.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating the consensus estimate of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%.The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the prior year, the company earned $3.39 earnings per share. Synopsys’s revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Sell-side analysts expect that Synopsys will post 10.97 earnings per share for the current year.

About Synopsys

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.