What is KeyCorp’s Forecast for Synopsys Q1 Earnings?

Synopsys, Inc. (NASDAQ:SNPS) – Investment analysts at KeyCorp issued their Q1 2026 EPS estimates for shares of Synopsys in a research report issued on Monday, December 15th. KeyCorp analyst J. Celino anticipates that the semiconductor company will earn $2.38 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $600.00 price target on the stock. The consensus estimate for Synopsys’ current full-year earnings is $10.64 per share. KeyCorp also issued estimates for Synopsys’ Q2 2026 earnings at $2.15 EPS, Q3 2026 earnings at $2.73 EPS, FY2026 earnings at $10.10 EPS, Q1 2027 earnings at $3.19 EPS, Q2 2027 earnings at $2.59 EPS, Q3 2027 earnings at $3.18 EPS, Q4 2027 earnings at $3.50 EPS and FY2027 earnings at $12.46 EPS.

Synopsys (NASDAQ:SNPS) last issued its earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the firm posted $3.40 EPS. The business’s revenue for the quarter was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS.

Several other research analysts also recently commented on SNPS. Needham & Company LLC raised their target price on Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Robert W. Baird restated a “neutral” rating and issued a $535.00 price objective (down from $670.00) on shares of Synopsys in a research report on Wednesday, September 10th. Stifel Nicolaus decreased their target price on shares of Synopsys from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Wednesday, September 10th. Rosenblatt Securities raised shares of Synopsys from a “neutral” rating to a “buy” rating and cut their price target for the company from $605.00 to $560.00 in a report on Tuesday, December 9th. Finally, Mizuho decreased their price target on shares of Synopsys from $700.00 to $600.00 and set an “outperform” rating on the stock in a report on Thursday, September 11th. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $562.13.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $453.07 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62. Synopsys has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The stock has a market cap of $84.16 billion, a PE ratio of 56.70, a price-to-earnings-growth ratio of 3.85 and a beta of 1.16. The stock has a fifty day moving average of $434.22 and a 200-day moving average of $504.07.

Hedge Funds Weigh In On Synopsys

Hedge funds and other institutional investors have recently modified their holdings of the company. Saudi Central Bank bought a new stake in Synopsys in the 1st quarter worth approximately $26,000. Alpine Bank Wealth Management boosted its stake in shares of Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. TFC Financial Management Inc. grew its holdings in shares of Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC bought a new position in shares of Synopsys during the 3rd quarter valued at $27,000. Finally, Independence Bank of Kentucky raised its position in Synopsys by 120.0% in the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 30 shares during the period. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Synopsys

In other news, CAO Sudhindra Kankanwadi sold 9,873 shares of Synopsys stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $500.90, for a total transaction of $4,945,385.70. Following the completion of the sale, the chief accounting officer directly owned 20,520 shares of the company’s stock, valued at approximately $10,278,468. The trade was a 32.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.62% of the company’s stock.

Synopsys Company Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.