Synopsys, Inc. (SNPS)

Synopsys Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Synopsys stock have an average target of 634.55, with a low estimate of 540 and a high estimate of 690. The average target predicts an increase of 33.63% from the current stock price of 474.84.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$540	$634.55	$650	$690
Change	+13.72%	+33.63%	+36.89%	+45.31%

* Price targets were last updated on Jan 13, 2025.

Analyst Ratings

The average analyst rating for Synopsys stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	5	5	5	5	5	4
Buy	6	7	5	5	5	5
Hold	0	0	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	11	11	12	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lachlan Brown Redburn Atlantic	Redburn Atlantic	Strong Buy Initiates $600	Strong Buy	Initiates	$600	+26.36%	Jan 13, 2025
Joe Quatrochi Wells Fargo	Wells Fargo	Hold Maintains $570 → $540	Hold	Maintains	$570 → $540	+13.72%	Jan 13, 2025
Clarke Jeffries Piper Sandler	Piper Sandler	Buy Maintains $670 → $655	Buy	Maintains	$670 → $655	+37.94%	Dec 6, 2024
Joe Vruwink Baird	Baird	Buy Maintains $644 → $630	Buy	Maintains	$644 → $630	+32.68%	Dec 5, 2024
Blair Abernethy Rosenblatt	Rosenblatt	Strong Buy Maintains $635 → $660	Strong Buy	Maintains	$635 → $660	+38.99%	Dec 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.92B

Increased by 12.98%

from 6.13B

Revenue Next Year

7.81B

Increased by 12.87%

from 6.92B

EPS This Year

15.21

Increased by 4.77%

from 14.52

EPS Next Year

17.54

Increased by 15.31%

from 15.21

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	3.69B	4.20B	4.62B	5.32B	6.13B	6.92B	7.81B	8.96B
Revenue Growth	9.66%	14.08%	9.79%	15.22%	15.22%	12.98%	12.87%	14.61%
EPS	4.27	4.81	6.29	7.93	14.52	15.21	17.54	20.73
EPS Growth	23.77%	12.65%	30.81%	26.01%	83.13%	4.77%	15.31%	18.19%
Forward PE	-	-	-	-	-	31.22	27.07	22.91
No. Analysts	-	-	-	-	-	25	24	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	7.3B	8.2B	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%	19.0%	20.7%
Avg	13.0%	12.9%	14.6%
Low	8.0%	6.6%	8.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	15.92	19.02	22.89
Avg	15.21	17.54	20.73
Low	14.29	15.68	17.51

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	9.6%	25.1%	30.5%
Avg	4.8%	15.3%	18.2%
Low	-1.6%	3.1%	-0.2%

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.