Synopsys, Inc. $SNPS Position Boosted by DAVENPORT & Co LLC

robot
Abstract generation in progress

DAVENPORT & Co LLC significantly increased its stake in Synopsys, Inc. by 304.8% in Q4, acquiring 9,370 shares to bring its total holdings to 12,444 shares valued at $5.845 million. Synopsys recently surpassed quarterly earnings estimates with $3.77 EPS and $2.41 billion in revenue, showing 65.6% year-over-year growth, and provided optimistic FY2026 guidance. Despite trading around $402 with a high P/E ratio of 62.4, the semiconductor company maintains a “Hold” consensus rating from analysts with an average price target of $531.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin