Synopsys (NASDAQ:SNPS) Price Target Raised to $450.00

Key Points

• Piper Sandler raised its price target on Synopsys from $430 to $450, while keeping a neutral rating. The new target still implies downside from the stock’s recent closing price.
• Synopsys recently reported a beat-and-raise quarter, with EPS and revenue coming in above expectations and management lifting its full-year outlook on strong demand for AI-driven chip design software.
• Analyst opinions remain mixed, but the broader Wall Street view is relatively constructive: the stock has a consensus Hold rating and an average price target of $546.13.

Synopsys (NASDAQ:SNPS - Get Free Report) had its price objective raised by analysts at Piper Sandler from $430.00 to $450.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the semiconductor company's stock. Piper Sandler's price target would indicate a potential downside of 14.44% from the company's previous close.

Other research analysts have also recently issued reports about the stock. Berenberg Bank set a $633.00 target price on shares of Synopsys in a report on Wednesday. Rosenblatt Securities raised their target price on shares of Synopsys from $530.00 to $575.00 and gave the stock a "buy" rating in a report on Tuesday. HSBC cut shares of Synopsys from a "buy" rating to a "hold" rating and set a $455.00 target price for the company. in a report on Friday, February 20th. Wells Fargo & Company reiterated a "positive" rating on shares of Synopsys in a report on Thursday. Finally, Citigroup raised their price target on shares of Synopsys from $580.00 to $600.00 and gave the stock a "buy" rating in a report on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $546.13.

Synopsys Stock Performance

Shares of SNPS opened at $525.92 on Thursday. Synopsys has a one year low of $376.18 and a one year high of $651.73. The company has a 50-day moving average of $457.56 and a two-hundred day moving average of $453.69. The stock has a market cap of $100.75 billion, a price-to-earnings ratio of 81.66, a PEG ratio of 4.38 and a beta of 1.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.25 billion. During the same period last year, the company posted $3.67 earnings per share. The business's revenue for the quarter was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, equities research analysts expect that Synopsys will post 10.28 earnings per share for the current year.

Institutional Investors Weigh In On Synopsys

A number of institutional investors have recently modified their holdings of SNPS. Brighton Jones LLC boosted its stake in shares of Synopsys by 5.7% during the 4th quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company's stock valued at $447,000 after buying an additional 50 shares during the period. Integrated Wealth Concepts LLC lifted its stake in Synopsys by 11.6% in the first quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company's stock valued at $326,000 after acquiring an additional 79 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Synopsys by 15.1% in the first quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company's stock valued at $1,291,000 after acquiring an additional 395 shares during the last quarter. WINTON GROUP Ltd lifted its stake in Synopsys by 9.2% in the second quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company's stock valued at $389,000 after acquiring an additional 64 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in Synopsys by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company's stock valued at $36,962,000 after acquiring an additional 1,505 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company's stock.

More Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys beat Q2 estimates with revenue of $2.276 billion and non-GAAP EPS of $3.35, while also raising its full-year revenue and EPS outlook on strong demand for AI-driven chip design software. Reuters article
• Positive Sentiment: The company said backlog remains large and highlighted momentum from AI infrastructure spending and successful progress on Ansys integration, which supports confidence in future growth. Yahoo Finance article
• Positive Sentiment: Synopsys also reached a governance agreement with activist investor Elliott, adding Jesse Cohn to the board, a move that may increase pressure for margin improvement and capital discipline. WSJ article
• Neutral Sentiment: Despite the beat-and-raise report, several market reports noted the stock slipped anyway, suggesting investors may be taking profits or waiting for more clarity on valuation and merger integration before rewarding the results. Barron’s article
• Negative Sentiment: The market’s muted reaction implies concern that much of the AI growth and guidance strength may already be priced into SNPS after a sharp run-up, limiting upside despite the solid quarter. Yahoo Finance article

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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