Consensus Rating1
Buy
Highest Price Target1
$690.00
Lowest Price Target1
$360.00
Consensus Price Target1
$579.33

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

Synopsys Inc has a consensus price target of $579.33 based on the ratings of 22 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 Redburn Atlantic, Wells Fargo, and Piper Sandler on January 13, 2025, January 13, 2025, and December 6, 2024, respectively. With an average price target of $598.33 between Redburn Atlantic, Wells Fargo, and Piper Sandler, there's an implied 13.96% upside for Synopsys Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
6
Aug 24
4
Oct 24
1
1
Nov 24
5
Dec 24
1
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Redburn Atlantic
Wells Fargo
Piper Sandler
Baird
Rosenblatt

1calculated from analyst ratings

Analyst Ratings for Synopsys

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FAQ

Q

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

A

The latest price target for Synopsys (NASDAQ:SNPS) was reported by Redburn Atlantic on January 13, 2025. The analyst firm set a price target for $600.00 expecting SNPS to rise to within 12 months (a possible 14.27% upside). 33 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 Redburn Atlantic, 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 January 13, 2025 so you should expect the next rating to be made available sometime around January 13, 2026.

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 $600.00. The current price Synopsys (SNPS) is trading at is $525.06, which is within the analyst’s predicted range.

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