SNPS stock icon

Synopsys
SNPS

$546.38
1.42%

Market Cap: 83.7B

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 13 analysts
0
News positive %
of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

28% more repeat investments, than reductions

Existing positions increased: 497 | Existing positions reduced: 389

24% more first-time investments, than exits

New positions opened: 167 | Existing positions closed: 135

10% more capital invested

Capital invested by funds: $66.9B [Q4 2023] → $73.7B (+$6.75B) [Q1 2024]

3% more funds holding

Funds holding: 1,165 [Q4 2023] → 1,197 (+32) [Q1 2024]

0.59% less ownership

Funds ownership: 85.53% [Q4 2023] → 84.94% (-0.59%) [Q1 2024]

6% less funds holding in top 10

Funds holding in top 10: 33 [Q4 2023] → 31 (-2) [Q1 2024]

25% less call options, than puts

Call options by funds: $825M | Put options by funds: $1.09B

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$615
13%
upside
Avg. target
$652
19%
upside
High target
$690
26%
upside

13 analyst ratings

13 positive
100%
neutral
0%
negative
0%
Piper Sandler
Clarke Jeffries
26%upside
$687
Overweight
Maintained
10 Jul 2024
Baird
Joe Vruwink
21%upside
$661
Outperform
Maintained
2 Jul 2024
Keybanc
Jason Celino
26%upside
$690
Overweight
Maintained
27 Jun 2024
Baird
Joe Vruwink
18%upside
$645
Outperform
Maintained
23 May 2024
JP Morgan
Harlan Sur
20%upside
$655
Overweight
Maintained
23 May 2024

Financial journalist opinion

Based on 11 articles about SNPS published over the past 30 days