Synopsys Stock Drops 012% on 1226 Billion Volume Trade Ranking 81st Amid ANSYS Acquisition

On July 23, 2025, Synopsys (SNPS) experienced a significant decline, with its stock price dropping by 0.12%. The trading volume for the day was 12.26 billion, placing it 81st in the overall market.

Synopsys's stock price has been influenced by its recent acquisition of ANSYS. This strategic move, effective prior to the open on July 18, 2025, was driven by the increasing complexity of electronic systems, which require a deeper integration of electronics and physics, enhanced by AI. The acquisition positions Synopsys to capture a larger share of the total addressable market.

Piper Sandler has raised its price target for Synopsys to $660 from the previous $615, maintaining an Overweight rating. This adjustment reflects the positive outlook on the company's future prospects following the ANSYS acquisition. The firm expects Synopsys to deliver integrated capabilities in the first half of 2026, fusing multiphysics across the full EDA stack, including for multi-die advanced packaging.

Needham has also raised its price target for Synopsys to $660, maintaining a Buy rating, following China's conditional approval of the ANSYS deal. This approval is seen as a significant milestone, paving the way for the successful integration of ANSYS into Synopsys' operations.