Synopsys, Inc. (SNPS)
NASDAQ: SNPS · Real-Time Price · USD
529.75
+3.05 (0.58%)
At close: Jan 21, 2025, 4:00 PM
530.14
+0.39 (0.07%)
After-hours: Jan 21, 2025, 6:31 PM EST
Synopsys Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Synopsys stock have an average target of 633.33, with a low estimate of 540 and a high estimate of 690. The average target predicts an increase of 19.55% from the current stock price of 529.75.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Synopsys stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 6 | 6 | 7 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $600 | Strong Buy | Initiates | $600 | +13.26% | Jan 13, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $570 → $540 | Hold | Maintains | $570 → $540 | +1.93% | Jan 13, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $670 → $655 | Buy | Maintains | $670 → $655 | +23.64% | Dec 6, 2024 |
| Baird | Baird | Buy Maintains $644 → $630 | Buy | Maintains | $644 → $630 | +18.92% | Dec 5, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $635 → $660 | Strong Buy | Maintains | $635 → $660 | +24.59% | Dec 5, 2024 |
Financial Forecast
Revenue This Year
6.92B
from 6.13B
Increased by 13.00%
Revenue Next Year
7.82B
from 6.92B
Increased by 12.98%
EPS This Year
15.21
from 14.52
Increased by 4.76%
EPS Next Year
17.52
from 15.21
Increased by 15.18%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.3B | 8.3B | 9.4B | ||
| Avg | 6.9B | 7.8B | 9.0B | ||
| Low | 6.6B | 7.4B | 8.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.3% | 19.2% | 20.5% | ||
| Avg | 13.0% | 13.0% | 14.7% | ||
| Low | 8.0% | 6.6% | 8.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.92 | 19.02 | 22.89 | ||
| Avg | 15.21 | 17.52 | 20.44 | ||
| Low | 14.29 | 15.68 | 17.51 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.6% | 25.1% | 30.7% | ||
| Avg | 4.8% | 15.2% | 16.7% | ||
| Low | -1.6% | 3.1% | -0.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.