Synopsys (SNPS)
NASDAQ:SNPS

Synopsys Stock Forecast & Price Target

1,830 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Strong Buy
7Ratings
6 Buy
1 Hold
0 Sell
Based on 7 analysts giving stock ratings to
Synopsys
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

SNPS Stock Price Prediction

Average Price Target

$425.67
▲(27.97% Upside)
Based on 7 Wall Street analysts offering 12 month price targets for Synopsys in the last 3 months. The average price target is $425.67 with a high forecast of $445.00 and a low forecast of $400.00. The average price target represents a 27.97% change from the last price of $332.64.
Highest Price Target$445.00Average Price Target$425.67Lowest Price Target$400.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Wolfe Research
$440.00
Buy
32.28%
Upside
Initiated
Wolfe Research Initiates Coverage On Synopsys with Outperform Rating, Announces Price Target of $440
Bank of America Securities
$360.00
Hold
8.23%
Upside
Upgraded
B of A Securities Upgrades Synopsys to Neutral, Raises Price Target to $360
UBS
$360.00
Buy
8.23%
Upside
Reiterated
Synopsys (SNPS) PT Lowered to $360 at UBSUBS analyst Pradeep Ramani lowered the price target on Synopsys (NASDAQ: SNPS) to $360.00 (from $396.00) while maintaining a Buy rating.
Atlantic Equities
$400.00
Buy
20.25%
Upside
Reiterated
Synopsys (SNPS) PT Lowered to $400 at Atlantic EquitiesAtlantic Equities analyst Ianjit Bhatti lowered the price target on Synopsys (NASDAQ: SNPS) to $400.00 (from $425.00) while maintaining a Overweight rating.
D.A. Davidson
$400.00
Buy
20.25%
Upside
Reiterated
Analysts See Sharp Upside In Synopsys Post Q4 BeatDesign activity continues to drive the industry higher, Diffely adds, stating that he expects rising chip complexity, AI adoption, the 5G proliferation to drive robust demand for all advanced EDA tools.
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SNPS Financial Forecast

SNPS Earnings Forecast
Next quarter’s earnings estimate for SNPS is $1.84 with a range of $1.83 to $1.90. The previous quarter’s EPS was $2.10. SNPS beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.87% of the time in the same period. In the last calendar year SNPS has Outperformed its overall industry.
Next quarter’s earnings estimate for SNPS is $1.84 with a range of $1.83 to $1.90. The previous quarter’s EPS was $2.10. SNPS beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.87% of the time in the same period. In the last calendar year SNPS has Outperformed its overall industry.
SNPS Sales Forecast
Next quarter’s sales forecast for SNPS is $1.28B with a range of $1.28B to $1.29B. The previous quarter’s sales results were $1.24B. SNPS beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 67.32% of the time in the same period. In the last calendar year SNPS has Outperformed its overall industry.
Next quarter’s sales forecast for SNPS is $1.28B with a range of $1.28B to $1.29B. The previous quarter’s sales results were $1.24B. SNPS beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 67.32% of the time in the same period. In the last calendar year SNPS has Outperformed its overall industry.
SNPS Analyst Recommendation Trends
In the current month, SNPS has received 2 Buy ratings 1 Hold ratings, and 0 Sell ratings. The SNPS average analyst price target in the past 3 months is $425.67
In the current month, SNPS has received 2 Buy ratings 1 Hold ratings, and 0 Sell ratings. The SNPS average analyst price target in the past 3 months is $425.67

SNPS Stock Forecast FAQ

What is SNPS’s average 12-month price target, according to analysts?
Based on analyst ratings, Synopsys’s 12-month average price target is $425.67.
    What is SNPS’s upside potential, based on the analysts’ average price target?
    Synopsys has 27.97% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is SNPS a Buy, Sell or Hold?
          Synopsys has a conensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Synopsys’s price target?
            The average price target for Synopsys is $425.67. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $445.00 ,the lowest forecast is $400.00. The average price target represents 27.97% Increase from the current price of $332.64.
              What do analysts say about Synopsys?
              Synopsys’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.

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