Axxcess Wealth Management LLC Acquires 1,295 Shares of Synopsys, Inc. $SNPS

Axxcess Wealth Management LLC raised its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 39.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,581 shares of the semiconductor company’s stock after buying an additional 1,295 shares during the period. Axxcess Wealth Management LLC’s holdings in Synopsys were worth $2,152,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SNPS. Vanguard Group Inc. raised its stake in Synopsys by 20.7% in the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after buying an additional 3,120,401 shares during the period. Victory Capital Management Inc. raised its stake in Synopsys by 238.8% in the third 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 bought a new stake in Synopsys in the third quarter valued at approximately $892,605,000. Capital Research Global Investors raised its stake in Synopsys by 226.6% in the third 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, State Street Corp raised its stake in Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after buying an additional 1,493,912 shares during the period. Institutional investors own 85.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Rosenblatt Securities decreased their target price on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Citigroup upped their target price on Synopsys from $580.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, Wells Fargo & Company upped their target price on Synopsys from $450.00 to $505.00 and gave the company an “equal weight” rating in a research report on Thursday, May 14th. Eight 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 company’s stock. Based on data from MarketBeat.com, Synopsys has a consensus rating of “Hold” and an average target price of $536.00.

Synopsys Stock Performance

Shares of NASDAQ:SNPS opened at $524.74 on Monday. The company has a market capitalization of $100.52 billion, a P/E ratio of 81.48, a P/E/G ratio of 4.29 and a beta of 1.25. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The business’s 50 day simple moving average is $451.00 and its 200 day simple moving average is $451.13.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results 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. The business had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The firm’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.03 earnings per share. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, research analysts anticipate that Synopsys, Inc. will post 10.28 EPS for the current fiscal year.

Synopsys 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.