In the latest analyst update, Keybanc has maintained its "Overweight" rating on Synopsys (SNPS, Financial), while raising the stock's price target. The updated price target is set at $575.00, up from the previous target of $555.00. This adjustment reflects a 3.60% increase in the price target.
The analyst responsible for this update is Jason Celino. The changes come as part of Keybanc's latest assessment of Synopsys, focusing on the company's current market position and future growth potential.
The currency for the updates is in USD, and the effective date of this adjustment is May 20, 2025. Synopsys (SNPS, Financial) continues to maintain its position in the stock market under the "Overweight" rating category, providing investors with insight into Keybanc's positive outlook on the company's stock performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Synopsys Inc (SNPS, Financial) is $596.32 with a high estimate of $707.78 and a low estimate of $502.41. The average target implies an upside of 15.56% from the current price of $516.01. More detailed estimate data can be found on the Synopsys Inc (SNPS) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Synopsys Inc's (SNPS, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Synopsys Inc (SNPS, Financial) in one year is $621.85, suggesting a upside of 20.51% from the current price of $516.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Synopsys Inc (SNPS) Summary page.
