Dockside LLC bought a new stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 8,106 shares of the semiconductor company’s stock, valued at approximately $3,808,000. Synopsys comprises about 1.0% of Dockside LLC’s investment portfolio, making the stock its 24th largest position.
Several other institutional investors have also recently added to or reduced their stakes in SNPS. Vanguard Group Inc. increased its holdings in Synopsys by 20.7% in the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after purchasing an additional 3,120,401 shares during the last quarter. Victory Capital Management Inc. boosted its position in Synopsys by 238.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after buying an additional 1,990,608 shares during the period. Coatue Management LLC purchased a new position in Synopsys in the 3rd quarter valued at approximately $892,605,000. Capital Research Global Investors boosted its position in Synopsys by 226.6% in the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after buying an additional 1,751,432 shares during the period. Finally, Norges Bank purchased a new position in Synopsys in the 4th quarter valued at approximately $730,197,000. Institutional investors and hedge funds own 85.47% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on SNPS. The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the company a “buy” rating in a research report on Wednesday, February 25th. Stifel Nicolaus raised their price target on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Needham & Company LLC reissued a “buy” rating and issued a $580.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Morgan Stanley raised their price target on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Finally, BNP Paribas Exane raised their price target on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a research report on Thursday, May 28th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $563.81.
Synopsys Price Performance
Synopsys stock opened at $453.89 on Friday. The stock has a market cap of $86.91 billion, a P/E ratio of 105.07, a price-to-earnings-growth ratio of 2.67 and a beta of 1.22. The company has a fifty day simple moving average of $473.57 and a 200-day simple moving average of $460.43. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same period in the previous year, the company earned $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities analysts expect that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.
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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