Key Highlights:
- Synopsys (SNPS, Financial) partners with Intel Foundry to advance EDA and IP capabilities.
- One-year price target for SNPS stands at $595.36, indicating a potential 30.52% upside.
- GuruFocus estimates a 34.97% upside with a GF Value of $615.70.
Synopsys Inc. (SNPS) has strategically entered into a comprehensive collaboration with Intel Foundry Services. This partnership is positioned to elevate the Electronic Design Automation (EDA) and Intellectual Property (IP) sectors, focusing on Intel's revolutionary 18A process node. Featuring cutting-edge GAA transistors and PowerVia technology, this collaboration aims to significantly enhance applications in artificial intelligence (AI) and high-performance computing.
Wall Street Analysts Forecast
Current insights from 21 analysts project an average one-year price target for Synopsys Inc. (SNPS, Financial) at $595.36. Analyst forecasts indicate a high potential target of $707.78 and a low of $502.41. With the current stock price at $456.16, the average target projects a notable 30.52% upside. For a more detailed analysis, visit the Synopsys Inc. (SNPS) Forecast page.
Brokerage consensus further underscores Synopsys's promising outlook, with an average recommendation rating of 1.9 from 21 firms, suggesting the stock is an "Outperform." This rating scale ranges from 1, representing a Strong Buy, to 5, denoting a Sell recommendation.
GuruFocus Valuation Insights
In addition to external analyses, GuruFocus estimates that the one-year GF Value for Synopsys Inc. (SNPS, Financial) is $615.70. This estimation suggests a potential upside of 34.97% from the current price point of $456.16. The GF Value is determined by considering historical trading multiples, past business growth, and future performance projections. For comprehensive data analysis, explore the Synopsys Inc. (SNPS) Summary page.
Investors should consider these projections in conjunction with Synopsys's strategic collaborations and technological advancements, which are poised to propel the company into new areas of growth and market leadership.