On May 29, 2025, Synopsys (SNPS, Financial) received a reiteration of its 'Buy' rating from analyst Charles Shi of Needham. As part of this reaffirmation, the price target for Synopsys has been maintained at $650.00 USD, reflecting a consistent outlook compared to previous evaluations.
According to the latest report, this decision by Needham signifies confidence in Synopsys's market position and potential for growth moving forward. The 'Buy' rating and the stable price target highlight the analyst firm's sustained positive sentiment regarding the stock's performance.
Investors keeping an eye on Synopsys (SNPS, Financial) can consider this affirmation by Needham as part of their evaluation, with the maintained price target suggesting expected stability or growth in the company's stock value.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Synopsys Inc (SNPS, Financial) is $597.23 with a high estimate of $707.78 and a low estimate of $502.41. The average target implies an upside of 29.15% from the current price of $462.43. 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 34.47% from the current price of $462.43. 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.
