Synopsys, Inc. (NASDAQ:SNPS) Stock Has Consensus Price Target of $575.00 According to Analysts

Synopsys, Inc. (NASDAQ:SNPS) has earned an average recommendation of “Moderate Buy” from the twenty-six brokerages that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, twenty-two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $575.00.

Several analysts have recently issued reports on SNPS shares. Deutsche Bank reiterated a “buy” rating and issued a $640.00 target price (up from $590.00) on shares of Synopsys in a research note on Thursday, October 1st. Rosenblatt Securities boosted their price target on shares of Synopsys from $575.00 to $620.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. Roth Capital upgraded shares of Synopsys to a “buy” rating in a report on Friday, September 25th. Mizuho reduced their price objective on shares of Synopsys from $600.00 to $550.00 and set an “outperform” rating for the company in a research report on Thursday, August 27th. Finally, Needham & Company LLC increased their price objective on shares of Synopsys from $580.00 to $620.00 and gave the company a “buy” rating in a research note on Monday, October 12th.

Insiders Place Their Bets

In other Synopsys news, CFO Sudhindra Kankanwadi sold 9,170 shares of the business’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $500.00, for a total value of $4,585,000.00. Following the transaction, the chief financial officer owned 22,717 shares of the company’s stock, valued at approximately $11,358,500. The trade was a 28.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sassine Ghazi sold 14,604 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were 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 owned 76,865 shares of the company’s stock, valued at $28,815,151.20. This trade represents a 15.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 117,163 shares of company stock valued at $51,366,457. Insiders own 0.56% of the company’s stock.

Institutional Trading of Synopsys

A number of large investors have recently added to or reduced their stakes in SNPS. Marshall Wace LLP boosted its stake in Synopsys by 73.8% in the third quarter. Marshall Wace LLP now owns 357,576 shares of the semiconductor company’s stock valued at $155,524,000 after acquiring an additional 151,828 shares during the last quarter. Knollwood Investment Advisory LLC increased its stake in shares of Synopsys by 0.4% during the 3rd quarter. Knollwood Investment Advisory LLC now owns 9,540 shares of the semiconductor company’s stock worth $4,149,000 after purchasing an additional 36 shares during the last quarter. Kovack Advisors Inc. increased its stake in shares of Synopsys by 23.5% during the 3rd quarter. Kovack Advisors Inc. now owns 599 shares of the semiconductor company’s stock worth $288,000 after purchasing an additional 114 shares during the last quarter. Caxton Associates LLP increased its stake in shares of Synopsys by 97.1% during the 3rd quarter. Caxton Associates LLP now owns 1,638 shares of the semiconductor company’s stock worth $712,000 after purchasing an additional 807 shares during the last quarter. Finally, Advisory Alpha LLC bought a new stake in shares of Synopsys in the 3rd quarter worth approximately $270,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Top Synopsys Stories

These are some of the SNPS stories that stood out recently:

• Positive Sentiment: Synopsys agreed to provide electronic design automation tools for the European Chips Design Platform, which is intended to help startups and midsized firms develop chips for AI, high-performance computing and photonics. The partnership could broaden access to Synopsys’ software, though its financial impact was not specified. Synopsys Joins European Chips Design Platform
• Negative Sentiment: One report says SNPS had fallen nearly 10% over a week and highlights export-control risks, signaling investor caution despite the company’s exposure to AI-chip development. Synopsys Investment Outlook and Risks
• Negative Sentiment: ETFs were reported as net sellers of Synopsys shares, disposing of $10.1 million on Nov. 11—a potential source of near-term selling pressure. ETFs Are Net Sellers of Synopsys

Synopsys Stock Down 1.6%

Shares of NASDAQ:SNPS opened at $455.20 on Friday. The stock has a market cap of $87.23 billion, a price-to-earnings ratio of 80.42, a PEG ratio of 1.47 and a beta of 1.18. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. Synopsys has a 12-month low of $362.55 and a 12-month high of $539.48. The business’s 50 day moving average is $445.16 and its 200 day moving average is $441.11.

Synopsys (NASDAQ:SNPS) last announced 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 business had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. Synopsys’s revenue was up 42.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, sell-side analysts forecast that Synopsys will post 11.01 earnings per share for the current fiscal year.

Synopsys declared that its Board of Directors has authorized a share repurchase program on Monday, October 5th that allows the company to buy back $1 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 1.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

About Synopsys

Synopsys, Inc. develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs. The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.