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NASDAQ: SNPS
Synopsys Inc Stock Forecast, Predictions & Price Target

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Analyst price target for SNPS

Based on 9 analysts offering 12 month price targets for Synopsys Inc.
Min Forecast
$360.00+3.4%
Avg Forecast
$424.00+21.78%
Max Forecast
$467.00+34.13%

Should I buy or sell SNPS stock?

Based on 10 analysts offering ratings for Synopsys Inc.
Strong Buy
Strong Buy
5 analysts 50%
Buy
3 analysts 30%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SNPS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Rosenblatt
Bottom 4%
4
Strong BuyMaintains$420.00+20.63%2022-12-02
KeyBanc
Bottom 5%
5
Strong BuyMaintains$467.00+34.13%2022-12-01
Wells Fargo
Top 18%
83
Strong BuyMaintains$400.00+14.89%2022-11-22
Edward Jones
Bottom 26%
26
HoldInitiates Coverage OnN/AN/A2022-11-16
Deutsche Bank
Bottom 29%
29
Strong BuyInitiates Coverage On$420.00+20.63%2022-09-29
Stifel Nicolaus
Top 9%
92
Strong BuyInitiates Coverage On$445.00+27.81%2022-09-08
Baird
Top 8%
93
BuyMaintains$444.00+27.52%2022-08-18
Needham
Bottom 10%
10
BuyMaintains$420.00+20.63%2022-08-18
Wolfe Research
Bottom 33%
33
BuyInitiates Coverage On$440.00+26.38%2022-08-17
Bank of America
Top 10%
91
HoldUpgrades$360.00+3.40%2022-06-29

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Forecast return on equity

Is SNPS forecast to generate an efficient return?
Company
18.45%
Industry
20.66%
Market
50.61%
SNPS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SNPS forecast to generate an efficient return on assets?
Company
11.08%
Industry
17.34%
SNPS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SNPS earnings per share forecast

What is SNPS's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$7.41+9.62%
Avg 2 year Forecast
$6.76+0%
SNPS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SNPS revenue forecast

What is SNPS's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.7B+14.28%
Avg 2 year Forecast
$6.0B+21.91%
SNPS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SNPS earnings growth forecast

How is SNPS forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
0%
Industry
11.26%
Market
20.09%
SNPS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SNPS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SNPS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SNPS revenue growth forecast

How is SNPS forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
10.41%
Industry
10.12%
Market
6.54%
SNPS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SNPS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SNPS vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
SNPS$348.17$424.00+21.78%Strong Buy
PANW$172.69$452.50+162.03%Strong Buy
VMW$120.84$140.43+16.21%Buy
FTNT$53.61$111.63+108.23%Strong Buy
SQ$68.18$109.73+60.94%Strong Buy

Synopsys Stock Forecast FAQ

Is Synopsys Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: SNPS) stock is to Strong Buy SNPS stock.

Out of 10 analysts, 5 (50%) are recommending SNPS as a Strong Buy, 3 (30%) are recommending SNPS as a Buy, 2 (20%) are recommending SNPS as a Hold, 0 (0%) are recommending SNPS as a Sell, and 0 (0%) are recommending SNPS as a Strong Sell.

If you're new to stock investing, here's how to buy Synopsys stock.

What is SNPS's earnings growth forecast for 2023-2024?

(NASDAQ: SNPS) Synopsys's forecast annual earnings growth rate of 0% is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 11.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.09%.

Synopsys's earnings in 2022 is $1,032,541,000.On average, 2 Wall Street analysts forecast SNPS's earnings for 2023 to be $1,133,073,059, with the lowest SNPS earnings forecast at $1,100,961,677, and the highest SNPS earnings forecast at $1,163,655,328.

In 2024, SNPS is forecast to generate $1,033,680,685 in earnings, with the lowest earnings forecast at $983,219,942 and the highest earnings forecast at $1,084,141,429.

What is SNPS's revenue growth forecast for 2023-2024?

(NASDAQ: SNPS) Synopsys's forecast annual revenue growth rate of 10.41% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.12%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.54%.

Synopsys's revenue in 2022 is $4,949,669,000.On average, 3 Wall Street analysts forecast SNPS's revenue for 2023 to be $864,943,476,070, with the lowest SNPS revenue forecast at $861,427,585,537, and the highest SNPS revenue forecast at $871,334,711,515.

In 2024, SNPS is forecast to generate $922,659,404,129 in revenue, with the lowest revenue forecast at $894,730,147,147 and the highest revenue forecast at $950,588,661,110.

What is SNPS's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: SNPS) forecast ROA is 11.08%, which is lower than the forecast US Software - Infrastructure industry average of 17.34%.

What is SNPS's Price Target?

According to 9 Wall Street analysts that have issued a 1 year SNPS price target, the average SNPS price target is $424.00, with the highest SNPS stock price forecast at $467.00 and the lowest SNPS stock price forecast at $360.00.

On average, Wall Street analysts predict that Synopsys's share price could reach $424.00 by Dec 2, 2023. The average Synopsys stock price prediction forecasts a potential upside of 21.78% from the current SNPS share price of $348.17.

What is SNPS's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: SNPS) Synopsys's current Earnings Per Share (EPS) is $6.76. On average, analysts forecast that SNPS's EPS will be $7.41 for 2023, with the lowest EPS forecast at $7.20, and the highest EPS forecast at $7.61. In 2024, SNPS's EPS is forecast to hit $6.76 (min: $6.43, max: $7.09).

What is SNPS's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: SNPS) forecast ROE is 18.45%, which is considered weak.
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