On May 29, 2025, Rosenblatt analyst Blair Abernethy maintained a "Buy" rating on Synopsys (SNPS, Financial), reflecting continued confidence in the company's long-term performance despite some recent market adjustments.
However, the analyst also revised the price target for Synopsys (SNPS, Financial), lowering it from $660.00 to $625.00 USD. This adjustment represents a 5.30% decrease from the prior target, suggesting recalibrated market expectations or other influencing factors.
Despite the revised price target, maintaining the "Buy" rating indicates that Rosenblatt continues to see potential growth and opportunity for Synopsys (SNPS, Financial) in the competitive landscape. Investors may want to consider this analyst perspective as they assess their portfolio strategies.
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.
