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

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Analyst price target for SNPS

Based on 7 analysts offering 12 month price targets for Synopsys Inc.
Min Forecast
$349.00-6.34%
Avg Forecast
$379.14+1.75%
Max Forecast
$445.00+19.43%

Should I buy or sell SNPS stock?

Based on 7 analysts offering ratings for Synopsys Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
2 analysts 28.57%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SNPS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Top 11%
90
HoldUpgrades$360.00-3.38%2022-06-29
Wells Fargo
Top 10%
91
Strong BuyMaintains$375.00+0.64%2022-05-19
Needham
Bottom 21%
21
BuyMaintains$380.00+1.98%2022-05-19
KeyBanc
Bottom 7%
7
Strong BuyMaintains$445.00+19.43%2022-01-10
Rosenblatt
Bottom 7%
7
Strong BuyMaintains$385.00+3.33%2021-12-02
Credit Suisse
Top 25%
76
BuyMaintains$360.00-3.38%2021-11-29
Rosenblatt
Top 26%
75
Strong BuyMaintains$349.00-6.34%2021-08-25

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Forecast return on equity

Is SNPS forecast to generate an efficient return?
Company
17.98%
Industry
10.62%
Market
56.05%
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
10.86%
Industry
17.98%
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 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$6.29-4.7%
Avg 2 year Forecast
$7.57+14.7%
Avg 3 year Forecast
$6.54-0.91%
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 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.0B+4.17%
Avg 2 year Forecast
$5.5B+15.64%
Avg 3 year Forecast
$6.0B+26.37%
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
1.5%
Industry
11.41%
Market
17.92%
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
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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
7.43%
Industry
13.54%
Market
8.19%
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$372.61$379.14+1.75%Strong Buy
PANW$500.37$598.87+19.68%Strong Buy
VMW$116.56$139.22+19.44%Buy
SQ$81.13$146.30+80.32%Strong Buy
CRWD$186.78$240.63+28.83%Strong Buy

Synopsys Stock Forecast FAQ

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

The consensus among 7 Wall Street analysts covering (NASDAQ: SNPS) stock is to Strong Buy SNPS stock.

Out of 7 analysts, 4 (57.14%) are recommending SNPS as a Strong Buy, 2 (28.57%) are recommending SNPS as a Buy, 1 (14.29%) 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 2022-2024?

(NASDAQ: SNPS) Synopsys's forecast annual earnings growth rate of 1.5% is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 11.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.92%.

Synopsys's earnings in 2022 is $1,008,561,000.On average, 1 Wall Street analyst forecast SNPS's earnings for 2022 to be $962,182,866, with the lowest SNPS earnings forecast at $962,182,866, and the highest SNPS earnings forecast at $962,182,866. On average, 1 Wall Street analyst forecast SNPS's earnings for 2023 to be $1,157,984,785, with the lowest SNPS earnings forecast at $1,157,984,785, and the highest SNPS earnings forecast at $1,157,984,785.

In 2024, SNPS is forecast to generate $1,000,425,428 in earnings, with the lowest earnings forecast at $1,000,425,428 and the highest earnings forecast at $1,000,425,428.

What is SNPS's revenue growth forecast for 2022-2024?

(NASDAQ: SNPS) Synopsys's forecast annual revenue growth rate of 7.43% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 13.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.19%.

Synopsys's revenue in 2022 is $4,759,033,000.On average, 3 Wall Street analysts forecast SNPS's revenue for 2022 to be $758,352,609,912, with the lowest SNPS revenue forecast at $733,836,679,985, and the highest SNPS revenue forecast at $771,750,203,230. On average, 3 Wall Street analysts forecast SNPS's revenue for 2023 to be $841,847,290,132, with the lowest SNPS revenue forecast at $816,007,708,641, and the highest SNPS revenue forecast at $862,553,343,036.

In 2024, SNPS is forecast to generate $919,978,374,511 in revenue, with the lowest revenue forecast at $895,074,970,944 and the highest revenue forecast at $944,881,931,048.

What is SNPS's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: SNPS) forecast ROA is 10.86%, which is lower than the forecast US Software - Infrastructure industry average of 17.98%.

What is SNPS's Price Target?

According to 7 Wall Street analysts that have issued a 1 year SNPS price target, the average SNPS price target is $379.14, with the highest SNPS stock price forecast at $445.00 and the lowest SNPS stock price forecast at $349.00.

On average, Wall Street analysts predict that Synopsys's share price could reach $379.14 by Jun 29, 2023. The average Synopsys stock price prediction forecasts a potential upside of 1.75% from the current SNPS share price of $372.61.

What is SNPS's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: SNPS) Synopsys's current Earnings Per Share (EPS) is $6.60. On average, analysts forecast that SNPS's EPS will be $6.29 for 2022, with the lowest EPS forecast at $6.29, and the highest EPS forecast at $6.29. On average, analysts forecast that SNPS's EPS will be $7.57 for 2023, with the lowest EPS forecast at $7.57, and the highest EPS forecast at $7.57. In 2024, SNPS's EPS is forecast to hit $6.54 (min: $6.54, max: $6.54).

What is SNPS's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: SNPS) forecast ROE is 17.98%, which is considered weak.
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