SYNOPSYS INC
At today's price, SYNOPSYS INC (SNPS) is priced for today's economics sustained for ~16.0 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Synopsys is the certified toll booth of chip design, its tools embedded in ⟦"major foundries' manufacturing processes"⟧ per its own 10-K (accession 0000883241-25-000028), now extended into physics simulation by the Ansys acquisition that management expects to add about $2.96 billion of fiscal 2026 revenue [Source: fiscal Q2 2026 earnings call, May 2026]. • The risk is leverage stacked under a deal-year fog: $7.55 billion of net debt with GAAP interest coverage near 1.0 times, a share count up
Is SNPS overvalued? See what's priced in →
1,353 institutional managers reported holding SNPS in 13F filings for the quarter ended 2026-03-31. Together they hold about 87% of the company; the top 10 hold 40%. 158 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 5.8M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
SNPS's share count grew 25.4% over the past five years even with $2.96B spent on repurchases. It pays no dividend. Cash returned over the past three years: $907.50M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at SNPS over the trailing three years: 2024: 2 buys totaling $439k; 2025: 1 buy totaling $149k. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
SNPS's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-19 | -2.9% | +9.8% |
| 2023-12-13 | -0.1% | -0.9% |
| 2024-02-24 | +6.0% | -5.6% |
| 2024-05-25 | +2.6% | -7.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
SNPS's latest 8-K filings: 2026-05-27 (items 1.01, 5.02, 7.01); 2026-05-27 (items 2.02, 9.01); 2026-04-20 (items 5.02, 5.07, 9.01); 2026-03-02 (items 8.01, 9.01); 2026-02-25 (items 2.02, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 11, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.