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Added to YB: 2026-06-09

Pitch date: 2026-06-06

SNPS [bullish]

Synopsys, Inc.

+1.33%

current return

Author Info

No bio for this author

Company Info

Synopsys, Inc. provides design IP solutions in the semiconductor and electronics industries. It operates in two segments, Design Automation and Design IP.

Market Cap

$89.0B

Pitch Price

$467.28

Price Target

665.00 (+43%)

Dividend

N/A

EV/EBITDA

51.82

P/E

110.10

EV/Sales

11.22

Sector

Software

Category

growth

Show full summary:
Whoever Wins the Chip War, Synopsys Profits

SNPS: EDA picks-and-shovels duopoly w/ Cadence; ~35% mkt share, 75-80% recurring rev. Q2 FY26 rev $2.28B (+42% YoY, +1% organic ex-Ansys), non-GAAP EPS $3.35 beat. China/Intel/IP transition near-term drags. Ansys synergies ahead. AI/Intel/ARM tailwinds. 31.5x P/E. Buy below $465, 2028 PT $665, ~15% IRR.

Read full article (18 min)