[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  DonCorleone77 [@CorleoneDon77](/creator/twitter/CorleoneDon77) on x 5398 followers Created: 2025-07-16 02:12:13 UTC $SNPS Attached is page X of a 9-page Needham analyst report on SNPS issued today entitled: "Building the Premier Chip-to-System Design Software Company; PT to $660" Needham has a 'Buy' rating on SNPS with a $XXX price target. Needham's summary statement regarding SNPS in the report includes the following: "Yesterday, Synopsys announced that China has conditionally approved its acquisition of Ansys (ANSS, not covered). The company expects to close the deal on or around July 17th. With this note, we have updated our SNPS model by incorporating ANSS contribution by using ANSS consensus estimates. We estimate that the deal will be slightly accretive to SNPS' EPS in FY26 (vs. our prior view of X% dilution), which is earlier than the company's own projection of FY27 being the first year of EPS accretion. We expect the total revenue for the combined company will exceed $10B in FY26, making SNPS the premier chip-to-system design software company and solidifying its lead over competition. We think a catch-up rally in the stock is overdue, especially as the deal overhang is going away. We are raising our PT to $XXX. Reiterate Buy. -- VALUATION: Our PT of $XXX is based on 37x our updated CY26 NG EPS estimate (ex. SBC). Our prior PT of $XXX was based on 37x our previous CY26 NG EPS estimate (ex. SBC). -- RISKS TO TARGET: ■ EDA market growth may return to high single digit and weigh on Synopsys' overall revenue growth. ■ Synopsys may not compete well in key EDA product categories such as digital implementation and systems design/analysis. ■ Synopsys may not execute the reacceleration strategy of the Software Integrity business. ■ Great power competition between the U.S. and China may create uncertainty in Synopsys' operation in China." (Page X is not available here as X does not allow me to post pages from reports on this platform) XXX engagements  **Related Topics** [acquisition](/topic/acquisition) [approved](/topic/approved) [china](/topic/china) [$snps](/topic/$snps) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/CorleoneDon77/status/1945305439765213491)
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DonCorleone77 @CorleoneDon77 on x 5398 followers
Created: 2025-07-16 02:12:13 UTC
$SNPS
Attached is page X of a 9-page Needham analyst report on SNPS issued today entitled:
"Building the Premier Chip-to-System Design Software Company; PT to $660"
Needham has a 'Buy' rating on SNPS with a $XXX price target.
Needham's summary statement regarding SNPS in the report includes the following:
"Yesterday, Synopsys announced that China has conditionally approved its acquisition of Ansys (ANSS, not covered). The company expects to close the deal on or around July 17th. With this note, we have updated our SNPS model by incorporating ANSS contribution by using ANSS consensus estimates.
We estimate that the deal will be slightly accretive to SNPS' EPS in FY26 (vs. our prior view of X% dilution), which is earlier than the company's own projection of FY27 being the first year of EPS accretion.
We expect the total revenue for the combined company will exceed $10B in FY26, making SNPS the premier chip-to-system design software company and solidifying its lead over competition. We think a catch-up rally in the stock is overdue, especially as the deal overhang is going away.
We are raising our PT to $XXX. Reiterate Buy.
-- VALUATION:
Our PT of $XXX is based on 37x our updated CY26 NG EPS estimate (ex. SBC). Our prior PT of $XXX was based on 37x our previous CY26 NG EPS estimate (ex. SBC).
-- RISKS TO TARGET:
■ EDA market growth may return to high single digit and weigh on Synopsys' overall revenue growth. ■ Synopsys may not compete well in key EDA product categories such as digital implementation and systems design/analysis. ■ Synopsys may not execute the reacceleration strategy of the Software Integrity business. ■ Great power competition between the U.S. and China may create uncertainty in Synopsys' operation in China."
(Page X is not available here as X does not allow me to post pages from reports on this platform)
XXX engagements
Related Topics acquisition approved china $snps stocks technology