On July 10, 2025, Goldman Sachs analyst James Schneider initiated coverage on Synopsys (SNPS, Financial), a leader in electronic design automation. The firm announced a price target of USD 620.00, signaling confidence in the stock's potential for growth.
Goldman Sachs' current rating for SNPS is set at "Buy," suggesting that the stock is anticipated to perform favorably in the market. This marks the beginning of coverage by Goldman Sachs for Synopsys, with no prior rating or price target established.
The initiation of a coverage with a positive outlook from a reputable financial institution like Goldman Sachs could influence investor sentiment towards Synopsys (SNPS, Financial), as the stock continues to trade on the NASDAQ exchange.
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.
