Why Synopsys (SNPS) Stock Is Up Today

Synopsys (SNPS) is up 5.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is a fresh wave of AI-focused product announcements at the DAC conference, including new autonomous chip-design workflows tied to major partners. Investors also appear to be responding to Synopsys’ still-constructive 2026 outlook and the approach of its next earnings report, which can bring renewed attention to high-quality software names.

Details:

Synopsys announced new agentic AI chip-design workflows on July 27, including tools developed with Microsoft and being evaluated by AMD, highlighting deeper exposure to AI infrastructure spending.

A companion announcement at DAC on July 26 showcased broader autonomous engineering workflows developed with NVIDIA technology, reinforcing the company’s push to automate more of the silicon-to-systems design process.

In its latest quarterly results, Synopsys beat its prior targets and raised its full-year fiscal 2026 revenue guidance midpoint to about $9.665 billion, signaling continued business momentum.

Management also scheduled third-quarter fiscal 2026 results for August 26, 2026, which may be helping pull buyers back into the stock as investors position for another update on demand, AI traction, and integration progress.

Sources:

Synopsys Investor Relations, SEC, Stock Analysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SNPS Insider Trading Activity

$SNPS insiders have traded $SNPS stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SNPS stock by insiders over the last 6 months:

SASSINE GHAZI (PRESIDENT AND CEO) sold 14,603 shares for an estimated $6,702,222
SHELAGH GLASER (CFO) sold 3,394 shares for an estimated $1,527,371

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$SNPS Hedge Fund Activity

We have seen 684 institutional investors add shares of $SNPS stock to their portfolio, and 620 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS removed 6,635,080 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,584,960,817
GOLDMAN SACHS GROUP INC added 2,343,626 shares (+296.6%) to their portfolio in Q1 2026, for an estimated $913,053,253
UBS GROUP AG added 1,229,995 shares (+176.9%) to their portfolio in Q1 2026, for an estimated $479,193,752
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC added 910,133 shares (+inf%) to their portfolio in Q1 2026, for an estimated $354,578,715
COATUE MANAGEMENT LLC removed 894,729 shares (-54.0%) from their portfolio in Q1 2026, for an estimated $348,577,471
FMR LLC added 873,487 shares (+11.7%) to their portfolio in Q1 2026, for an estimated $340,301,800
BLACKROCK, INC. added 725,174 shares (+4.8%) to their portfolio in Q1 2026, for an estimated $282,520,538

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SNPS Congressional Stock Trading

Members of Congress have traded $SNPS stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $SNPS stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$SNPS Price Targets

Multiple analysts have issued price targets for $SNPS recently. We have seen 9 analysts offer price targets for $SNPS in the last 6 months, with a median target of $575.0.

Here are some recent targets:

Clarke Jeffries from Piper Sandler set a target price of $550.0 on 06/23/2026
Lee Simpson from Morgan Stanley set a target price of $525.0 on 05/28/2026
Ruben Roy from Stifel set a target price of $600.0 on 05/28/2026
Andrew DeGasperi from BNP Paribas set a target price of $450.0 on 05/28/2026
Kelsey Chia from Citigroup set a target price of $610.0 on 05/28/2026
Joe Quatrochi from Wells Fargo set a target price of $535.0 on 05/28/2026
Blair Abernethy from Rosenblatt set a target price of $575.0 on 05/28/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.