On July 10, 2025, Keybanc, a prominent financial services company, has reaffirmed its confidence in Synopsys (SNPS, Financial) by maintaining an "Overweight" rating for the stock. The rating, which indicates that the stock is expected to perform better than the overall market, remains unchanged from its prior evaluation.
Additionally, Keybanc has updated its price target for Synopsys (SNPS, Financial), raising it from $540.00 to $610.00. This adjustment, made by analyst Jason Celino, suggests a 12.96% increase over the previous target, reflecting positive expectations for the company's future performance.
As Synopsys (SNPS, Financial) continues to be a focus of investors, the updated price target highlights the analyst's optimism regarding the stock's potential to appreciate in value. Investors will be closely watching the company's developments in the coming months to assess its alignment with the revised price target of $610.00.
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 $587.69 with a high estimate of $658.01 and a low estimate of $502.41. The average target implies an upside of 6.67% from the current price of $550.95. 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 $631.59, suggesting a upside of 14.64% from the current price of $550.95. 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.
