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Synopsys

SNPSNASDAQ
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$514.12
18.173.66%
At Close: -
$514.12
00.00%
After Hours: 5:02 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$690.00
Lowest Price Target1
$360.00
Consensus Price Target1
$558.88

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

Synopsys Inc has a consensus price target of $558.88 based on the ratings of 18 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 Rosenblatt, JP Morgan, and Baird on August 23, 2024, August 22, 2024, and August 22, 2024, respectively. With an average price target of $661 between Rosenblatt, JP Morgan, and Baird, there's an implied 28.57% upside for Synopsys Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
May
1
Jun
2
Jul
3
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Rosenblatt
JP Morgan
Baird
Needham
Piper Sandler

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 Rosenblatt on August 23, 2024. The analyst firm set a price target for $635.00 expecting SNPS to rise to within 12 months (a possible 23.51% 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 Rosenblatt, and Synopsys maintained 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 August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.

Q

Is the Analyst Rating Synopsys (SNPS) correct?

A

While ratings are subjective and will change, the latest Synopsys (SNPS) rating was a maintained with a price target of $635.00 to $635.00. The current price Synopsys (SNPS) is trading at is $514.12, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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