SNPS - Synopsys - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

SNPS is currently covered by 11 analysts with an average price target of $593.47. This is a potential upside of $49.81 (9.16%) from yesterday's end of day stock price of $543.66.

Synopsys's activity chart (see below) currently has 174 price targets and 151 ratings on display. The stock rating distribution of SNPS is 98% BUY and 2% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 94.16% with an average time for these price targets to be met of 139.15 days.

Highest price target for SNPS is $660, Lowest price target is $410, average price target is $593.47.

Most recent stock forecast was given by CHARLES SHI from NEEDHAM on 22-Feb-2024. First documented stock forecast 30-Jul-2013.

Overview

Synopsys is a major provider of electronic design automation (EDA) software products that facilitate the creation, development, and testing of integrated circuits, and systems-on-a-chip (SoCs).

Offering

The offerings includes digital and custom IC design, FPGA design, verification, prototyping, intellectual property (IP), system-level design, and software security testing.

The Verification solution encompasses a variety of virtual prototyping, static and formal verification, simulation, emulation, FPGA-based prototyping, and debug solutions.

Products

Synopsys offers a wide range of IP solutions for various applications, including USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy.

Its IP solutions include logic libraries and embedded memories, processor cores, software, application-specific instruction-set processor tools for embedded applications, security IP solutions, and IP solutions for the automotive market.

Synopsys provides HAPS FPGA-based prototyping systems, virtual prototyping solutions, and Platform Architect solutions for SoC architecture analysis and optimization.

Services

Synopsys provides security testing, managed services, programs and training to detect and remediate security vulnerabilities and defects in the software development lifecycle. Synopsys is also manufacturing solutions.

The company serves customers in various industries, including electronics, financial services, automotive, medical, energy, and industrial areas.

History

Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.

Currently out of the existing stock ratings of SNPS, 49 are a BUY (98%), 1 are a SELL (2%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

660

$132.48 (25.11%)

660

2 months 5 days ago

7/9 (77.78%)

$79.1 (13.62%)

91

Buy

615

$87.48 (16.58%)

570

2 months 7 days ago

11/12 (91.67%)

$67.02 (12.23%)

98

Buy

630

$102.48 (19.43%)

620

4 months 14 days ago

18/20 (90%)

$61.91 (10.90%)

164

Buy

625

$97.48 (18.48%)

500

4 months 28 days ago

2/3 (66.67%)

$81.77 (15.05%)

112

Buy

600

$72.48 (13.74%)

540

5 months ago

19/19 (100%)

$56.47 (10.39%)

154

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What is SNPS (Synopsys) average time for price targets to be met?

On average it took 139.15 days on average for the stock forecasts to be realized with a an average price target met ratio 94.16

Which analyst has the current highest performing score on SNPS (Synopsys) with a proven track record?

IANJIT BHATTI

Which analyst has the most public recommendations on SNPS (Synopsys)?

Ianjit Bhatti works at ATLANTIC EQUITIES and has 3 price targets and 2 ratings on SNPS

Which analyst is the currently most bullish on SNPS (Synopsys)?

Charles Shi with highest potential upside - $132.48

Which analyst is the currently most reserved on SNPS (Synopsys)?

Farhan Ahmad with lowest potential downside - -$367.64

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