Tag: Synopsis
-
Synopsys (SNPS) Q3 Earnings Review: What the +42% Revenue Hidden and Why I Lowered My Target to $420
Synopsys (SNPS) announced on August 26 that revenue for the third quarter of fiscal 2026 was $2.4768 billion (approx. 3.33 trillion KRW), an increase of 42.41 TP3T, and non-GAAP EPS of $3.91 exceeded expectations. The stock price surged 13.41 TP3T the following day but gave back all of it within six trading days. Core EDA growth excluding Ansys is 8.51 TP3T. My 12-month baseline target price is $420 (approx. 564,060 KRW), and my rating is Hold.
-
Synopsys (SNPS) Stock Outlook & Target Price 2026: Valuation Analysis After Ansys Acquisition
Synopsys (SNPS) maintains a 12-month baseline target price of $550 (approx. 852,500 KRW) and a Buy rating. The company completed its 'Silicon to Systems' strategy with the acquisition of Ansys for approximately $35 billion (approx. 54.2 trillion KRW) in July 2025, and raised its guidance for the second quarter of fiscal 2026 to project revenue of $2.276 billion (approx. 3.53 trillion KRW, +42%) and non-GAAP EPS of $3.35. The forward P/E is analyzed to be around 26x, which is within the discount range compared to the cadence (approx. 42x). Base exchange rate: 1 USD = 1,550 KRW (2026-07-02).