Synopsys (SNPS, Financial) has recently garnered attention following a new analyst update on July 15, 2025. Analyst Charles Shi from Needham has maintained his "Buy" rating for Synopsys, signaling continued confidence in the company's market performance.
In addition to maintaining the positive rating, Needham analyst Charles Shi has raised the price target for Synopsys (SNPS, Financial) from the previous $650.00 USD to a new target of $660.00 USD. This adjustment represents a 1.54% increase, reflecting an optimistic outlook on the company's future valuation.
Synopsys (SNPS, Financial), listed on the NASDAQ, continues to be a strong performer, with analysts showing unwavering confidence in its growth potential as evidenced by the recent maintained buy rating and increased price target. The company remains a focal point for investors seeking growth opportunities in the technology sector.
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 $596.36 with a high estimate of $658.01 and a low estimate of $520.00. The average target implies an upside of 8.52% from the current price of $549.53. More detailed estimate data can be found on the Synopsys Inc (SNPS) Forecast page.
Based on the consensus recommendation from 22 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 14.93% from the current price of $549.53. 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.