Wealthfront Advisers LLC Increases Stock Position in Synopsys, Inc. $SNPS

Wealthfront Advisers LLC increased its position in Synopsys, Inc. (NASDAQ:SNPS) by 28.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,252 shares of the semiconductor company’s stock after purchasing an additional 4,269 shares during the quarter. Wealthfront Advisers LLC’s holdings in Synopsys were worth $9,043,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SNPS. Brighton Jones LLC boosted its stake in shares of Synopsys by 5.7% in the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock valued at $447,000 after purchasing an additional 50 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of 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 purchasing an additional 79 shares during the period. NewEdge Advisors LLC boosted its stake in shares of 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 purchasing an additional 395 shares during the period. WINTON GROUP Ltd boosted its stake in Synopsys by 9.2% during the 2nd 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 boosted its stake in Synopsys by 2.1% during the 2nd 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. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Synopsys Stock Down 0.6%

Shares of NASDAQ:SNPS opened at $481.22 on Thursday. The stock has a market capitalization of $92.18 billion, a price-to-earnings ratio of 74.72, a price-to-earnings-growth ratio of 4.07 and a beta of 1.15. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73. The company’s fifty day moving average is $429.27 and its two-hundred day moving average is $445.46. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36.

Synopsys (NASDAQ:SNPS) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period in the prior year, the company earned $3.03 earnings per share. The firm’s revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Equities analysts anticipate that Synopsys, Inc. will post 10.3 EPS for the current year.

Analyst Upgrades and Downgrades

SNPS has been the topic of a number of research analyst reports. Piper Sandler reduced their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. Wells Fargo & Company reduced their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Rosenblatt Securities reduced their price objective on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Synopsys presently has a consensus rating of “Hold” and an average target price of $531.00.

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.