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

OverviewForecast
EarningsDividendOwnership

Analyst price target for SNPS

Based on 6 analysts offering 12 month price targets for Synopsys Inc.
Min Forecast
$410.00-8.76%
Avg Forecast
$440.83-1.9%
Max Forecast
$470.00+4.59%

Should I buy or sell SNPS stock?

Based on 6 analysts offering ratings for Synopsys Inc.
Strong Buy
Strong Buy
4 analysts 66.67%
Buy
2 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SNPS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 19%
82
Strong BuyMaintains$470.00+4.59%2023-05-18
Wells Fargo
Top 10%
91
Strong BuyMaintains$420.00-6.53%2023-05-18Find out why
Rosenblatt
Top 9%
92
Strong BuyMaintains$448.00-0.30%2023-05-18Find out why
Needham
Top 25%
76
BuyReiterates$450.00+0.14%2023-05-18
Baird
Top 7%
94
BuyMaintains$447.00-0.53%2023-05-18
Bank of America
Top 2%
99
Strong BuyUpgrades$410.00-8.76%2022-12-16

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Forecast return on equity

Is SNPS forecast to generate an efficient return?
Company
17.64%
Industry
105.21%
Market
14.03%
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
10.51%
Industry
16.35%
SNPS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SNPS earnings growth forecast

How is SNPS forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
22.68%
Industry
13.07%
Market
111.85%
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
6.96%
Industry
4.92%
Market
16.73%
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$449.36$440.83-1.90%Strong Buy
PANW$217.24$233.29+7.39%Strong Buy
VMW$137.91$143.00+3.69%Hold
FTNT$68.13$72.96+7.08%Strong Buy
SQ$63.46$87.96+38.61%Buy
View Top Software Infrastructure Stocks

Synopsys Stock Forecast FAQ

Is Synopsys Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SNPS) stock is to Strong Buy SNPS stock.

Out of 6 analysts, 4 (66.67%) are recommending SNPS as a Strong Buy, 2 (33.33%) are recommending SNPS as a Buy, 0 (0%) 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 forecast return on equity (ROE) for 2023-2024?

(NASDAQ: SNPS) forecast ROE is 17.64%, which is considered weak.

What is SNPS's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SNPS price target, the average SNPS price target is $440.83, with the highest SNPS stock price forecast at $470.00 and the lowest SNPS stock price forecast at $410.00.

On average, Wall Street analysts predict that Synopsys's share price could fall to $440.83 by May 18, 2024. The average Synopsys stock price prediction forecasts a potential downside of 1.9% from the current SNPS share price of $449.36.

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

(NASDAQ: SNPS) forecast ROA is 10.51%, which is lower than the forecast US Software - Infrastructure industry average of 16.35%.
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