I rate Synopsys (SNPS) a Buy with a $657 price target, implying 43% upside from the current level of $461. The Ansys acquisition expands SNPS into system-level engineering, unlocking cross-selling, margin expansion, and a broader platform for AI-driven complexity. In my model, I estimate that core EDA contributes $4.13 of 2028-EPS, Ansys integration adds $1.26, and design IP adds $0.67. This gets me to a 2028 EPS-estimate of $20.92.

Synopsys (SNPS) has positioned itself as a dominant EDA software provider, further strengthened by the Ansys acquisition and structural AI tailwinds. The Ansys deal expands SNPS's TAM by 63% to $31B, enabling integrated chip-to-system simulation and reinforcing its competitive moat. Despite a forward P/E of ~35.8, SNPS's compounding EPS growth, high margins, and visible catalysts justify a long-term Quality Growth thesis.

Synopsys (SNPS) is rated a Buy with a $519.12 12-month price target, reflecting derisked China headwinds and Ansys-driven growth. China-related revenue disruptions are fully factored into guidance, offering pure upside if conditions improve, while downside is limited. The Ansys acquisition expands SNPS's TAM by 1.5x and accelerates integration of multiphysics simulation, enhancing cross-selling and competitive positioning.

LOS ANGELES , Dec. 29, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Ansys, Inc. ("Ansys" or "the Company") (NASDAQ: ANSS) for violations of the securities laws. INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors.

LOS ANGELES , Dec. 29, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ansys, Inc. ("Ansys" or "the Company") (NASDAQ: ANSS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

LOS ANGELES--(BUSINESS WIRE)--Ansys, Inc. Investigated on Behalf of Investors - Contact the DJS Law Group to Discuss Your Rights – ANSS.

LOS ANGELES--(BUSINESS WIRE)---- $ANSS--ANSS Investors Have Opportunity to Join Ansys, Inc. Fraud Investigation with the Schall Law Firm.

The company, which makes software to design and test computer chips, saw revenue rise to $2.25 billion as its acquisition of Ansys boosted sales.

Insights from the Third Quarter 2025 13F Filing Joel Greenblatt (Trades, Portfolio) recently submitted the 13F filing for the third quarter of 2025, providing

Exploring the Latest 13F Filing and Investment Strategies Catherine Wood (Trades, Portfolio) recently submitted the 13F filing for the third quarter of 2025, p