Synopsys (NASDAQ:SNPS) Given New $505.00 Price Target at Wells Fargo & Company

Synopsys (NASDAQ:SNPS) had its price target upped by equities research analysts at Wells Fargo & Company from $450.00 to $505.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the semiconductor company’s stock. Wells Fargo & Company‘s price target would suggest a potential downside of 1.28% from the stock’s previous close.

A number of other research analysts also recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Piper Sandler reduced their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. Rosenblatt Securities decreased their price objective on Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price on the stock. in a report on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $536.00.

Synopsys Stock Up 0.4%

Shares of Synopsys stock traded up $2.27 during trading on Thursday, reaching $511.55. The stock had a trading volume of 119,543 shares, compared to its average volume of 2,005,751. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $97.99 billion, a price-to-earnings ratio of 79.59, a P/E/G ratio of 4.19 and a beta of 1.25. The stock has a fifty day moving average price of $441.11 and a two-hundred day moving average price of $448.68. Synopsys has a 52 week low of $376.18 and a 52 week high of $651.73.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period last year, the company earned $3.03 earnings per share. Synopsys’s quarterly revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Sell-side analysts predict that Synopsys will post 10.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SNPS. Sowell Financial Services LLC increased its position in Synopsys by 2.0% during the fourth quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company’s stock worth $496,000 after acquiring an additional 21 shares during the period. Natural Investments LLC grew its position in shares of Synopsys by 4.6% during the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock worth $226,000 after purchasing an additional 21 shares in the last quarter. Financial Management Professionals Inc. grew its position in shares of Synopsys by 7.0% during the 4th quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock worth $157,000 after purchasing an additional 22 shares in the last quarter. Foronjy Financial LLC increased its holdings in shares of Synopsys by 5.2% during the fourth quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock worth $210,000 after purchasing an additional 22 shares during the period. Finally, Barden Capital Management Inc. increased its holdings in shares of Synopsys by 1.2% during the fourth quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock worth $877,000 after purchasing an additional 23 shares during the period. Institutional investors own 85.47% of the company’s stock.

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.