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

The latest price target for Synopsys (NASDAQ: SNPS) was reported by Piper Sandler on April 4, 2024. The analyst firm set a price target for $665.00 expecting SNPS to rise to within 12 months (a possible 21.90% upside). 46 analyst firms have reported ratings in the last year.

The latest analyst rating for Synopsys (NASDAQ: SNPS) was provided by Piper Sandler, and Synopsys initiated their overweight rating.

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.

The last downgrade for Synopsys Inc happened on September 17, 2021 when B of A Securities changed their price target from N/A to $315 for Synopsys Inc.

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 April 4, 2024 so you should expect the next rating to be made available sometime around April 4, 2025.

While ratings are subjective and will change, the latest Synopsys (SNPS) rating was a initiated with a price target of $0.00 to $665.00. The current price Synopsys (SNPS) is trading at is $545.54, which is within the analyst’s predicted range.