CIBC Asset Management Inc Acquires 16,548 Shares of Synopsys, Inc. $SNPS

CIBC Asset Management Inc increased its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 19.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 100,059 shares of the semiconductor company’s stock after acquiring an additional 16,548 shares during the period. CIBC Asset Management Inc owned about 0.05% of Synopsys worth $47,000,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SNPS. Vanguard Group Inc. lifted its stake in shares of Synopsys by 20.7% during the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock worth $8,970,415,000 after acquiring an additional 3,120,401 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after acquiring an additional 1,990,608 shares during the last quarter. Coatue Management LLC bought a new stake in shares of Synopsys during the 3rd quarter worth approximately $892,605,000. Capital Research Global Investors lifted its stake in shares of Synopsys by 226.6% during the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after acquiring an additional 1,751,432 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Synopsys during the 4th quarter worth approximately $730,197,000. 85.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SNPS. Wells Fargo & Company raised their price target on Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. KeyCorp reissued an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Berenberg Bank set a $633.00 price target on Synopsys in a research note on Wednesday, May 27th. Robert W. Baird set a $558.00 price target on Synopsys in a research note on Thursday, May 28th. Finally, Stifel Nicolaus raised their price target on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Hold” and a consensus target price of $563.81.

Synopsys Trading Down 2.0%

SNPS opened at $498.02 on Thursday. The stock’s fifty day moving average is $463.88 and its two-hundred day moving average is $457.02. The company has a market capitalization of $95.36 billion, a P/E ratio of 115.28, a PEG ratio of 3.10 and a beta of 1.22. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.15 by $0.20. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.Synopsys’s quarterly revenue was up 41.9% on a year-over-year basis. During the same period last year, the business posted $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. Analysts forecast that Synopsys, Inc. will post 10.28 earnings per share for the current 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.