Synopsys (SNPS) Price Target Increased to $630 by Wells Fargo Analyst

Synopsys (SNPS) has received a price target increase from Wells Fargo to $630, a 21.15% increase from $520. Analysts from Morgan Stanley, Rosenblatt, Piper Sandler, and B of A Securities have also raised their price targets. The average target price is $632.78, with a high estimate of $715 and a low of $520. The average brokerage recommendation is 1.9, indicating an "Outperform" status. The estimated GF Value is $683.83, suggesting a 14.18% upside from the current price.

Title: Synopsys (SNPS) Price Targets Increased by Major Analysts

Synopsys (SNPS), a leading provider of software for semiconductor and electronics design, has seen a significant increase in price target estimates from several major financial institutions. Wells Fargo has raised its price target to $630, a 21.15% increase from its previous estimate of $520. Additionally, analysts from Morgan Stanley, Rosenblatt, Piper Sandler, and B of A Securities have also increased their price targets. The average target price now stands at $632.78, with a high estimate of $715 and a low of $520. The average brokerage recommendation is 1.9, indicating an "Outperform" status. The estimated GF Value is $683.83, suggesting a 14.18% upside from the current price.

The consensus rating for Synopsys is "Moderate Buy" based on 13 analyst ratings, with 12 analysts giving a "Buy" rating and 1 giving a "Hold" rating [2]. The consensus price target of $626.79 represents a forecasted upside of 3.34% from the current price of $606.52.

Goldman Sachs, in a recent research note, reiterated its Buy rating on Synopsys with a price target of $700.00, highlighting the company's strong financial health metrics and the potential for cost synergies from its recent acquisition of Ansys [1]. Despite potential volatility related to the Ansys integration, Goldman Sachs expects Synopsys to outperform due to the alignment of semiconductor and physical simulation technologies.

Synopsys' recent acquisition of Ansys has expanded its market reach and combined entity run-rate to $10 billion, positioning it strongly in the engineering solutions market. The merger has also led to increased price targets from Needham and Piper Sandler, who raised their targets to $660 and $660 respectively, maintaining a Buy and Overweight rating, respectively [1].

Investors should monitor Synopsys' upcoming earnings report on September 9, 2025, to gauge the company's performance and the impact of the Ansys acquisition. The company is forecasted to report an EPS of $3.84, a 11.95% increase from the prior year, and a revenue of $1.77 billion, a 15.9% increase from the year-ago period [3].

References:
[1] https://www.investing.com/news/analyst-ratings/goldman-sachs-reiterates-buy-rating-on-synopsys-stock-with-700-target-93CH-4206286
[2] https://www.marketbeat.com/stocks/NASDAQ/SNPS/forecast/
[3] https://finance.yahoo.com/news/synopsys-snps-dips-more-broader-214502710.html