Added to YB: 2026-06-09
Pitch date: 2026-06-06
SNPS [bullish]
Synopsys, Inc.
-20.07%
current return
Author Info
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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 (+76%)
Dividend
N/A
EV/EBITDA
51.82
P/E
110.10
EV/Sales
11.22
Sector
Software
Category
growth
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)