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Synopsys

SNPSNASDAQ
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$557.94
16.383.02%
At close: -
$557.94
00.00%
After Hours: 4:33 PM EDT
Q4 2024 Earnings in 13 days from now on Wed Dec 4th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$690.00
Lowest Price Target1
$360.00
Consensus Price Target1
$584.68

Synopsys (NASDAQ:SNPS) Stock, Analyst Ratings, Price Targets, Forecasts

Synopsys Inc has a consensus price target of $584.68 based on the ratings of 20 analysts. The high is $690 issued by Keybanc on June 27, 2024. The low is $360 issued by UBS on May 19, 2022. The 3 most-recent analyst ratings were released by Loop Capital, Piper Sandler, and Needham on November 11, 2024, October 24, 2024, and October 22, 2024, respectively. With an average price target of $661.67 between Loop Capital, Piper Sandler, and Needham, there's an implied 18.59% upside for Synopsys Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
6
Aug
4
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Loop Capital
Piper Sandler
Needham
Mizuho
Berenberg

1calculated from analyst ratings

Analyst Ratings for Synopsys

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Synopsys (SNPS) stock?

A

The latest price target for Synopsys (NASDAQ:SNPS) was reported by Loop Capital on November 11, 2024. The analyst firm set a price target for $675.00 expecting SNPS to rise to within 12 months (a possible 20.98% upside). 38 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Synopsys (SNPS)?

A

The latest analyst rating for Synopsys (NASDAQ:SNPS) was provided by Loop Capital, and Synopsys initiated their buy rating.

Q

When was the last upgrade for Synopsys (SNPS)?

A

The last upgrade for Synopsys Inc happened on December 16, 2022 when B of A Securities raised their price target to $410. B of A Securities previously had a neutral for Synopsys Inc.

Q

When was the last downgrade for Synopsys (SNPS)?

A

There is no last downgrade for Synopsys.

Q

When is the next analyst rating going to be posted or updated for Synopsys (SNPS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Synopsys, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Synopsys was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

Q

Is the Analyst Rating Synopsys (SNPS) correct?

A

While ratings are subjective and will change, the latest Synopsys (SNPS) rating was a initiated with a price target of $0.00 to $675.00. The current price Synopsys (SNPS) is trading at is $557.94, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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