Synopsys Stock Target Price and Analyst Consensus

SNPS Stock  USD 571.50  1.85  0.32%   
The current analyst and expert consensus on Synopsys is Strong Buy, with 10 strong buy opinions. The current projected Synopsys target price consensus is 483.61 with 16 analyst opinions. The most common way Synopsys analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Synopsys executives and customers to further validate their buy or sell advice. Synopsys buy-or-sell recommendation module provides average expert sentiment on the projected Synopsys target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Synopsys to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.
Lowest Forecast
440.09
Highest Forecast
536.81
Target Price
483.61
At this time, Synopsys' Gross Profit is comparatively stable compared to the past year. Net Profit Margin is likely to gain to 0.20 in 2024, whereas Pretax Profit Margin is likely to drop 0.11 in 2024. At this time, Synopsys' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 8.3 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 146 M in 2024.
  
It's important to approach Synopsys' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Synopsys Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Synopsys target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Synopsys' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   16  Strong Buy
Most Synopsys analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Synopsys stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Synopsys, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Synopsys Target Price Projection

Synopsys' current and average target prices are 571.50 and 483.61, respectively. The current price of Synopsys is the price at which Synopsys is currently trading. On the other hand, Synopsys' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Synopsys Market Quote on 29th of March 2024

Low Price570.0Odds
High Price577.0Odds

571.5

Target Price

Analyst Consensus On Synopsys Target Price

Low Estimate440.09Odds
High Estimate536.81Odds

483.61

Historical Lowest Forecast  440.09 Target Price  483.61 Highest Forecast  536.81
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Synopsys and the information provided on this page.

Synopsys Analyst Ratings

Synopsys' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Synopsys stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Synopsys' financials, market performance, and future outlook by experienced professionals. Synopsys' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Synopsys price targets

Synopsys' stock target price is an estimate of its future price, usually made by analysts. Using Synopsys' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Synopsys' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Synopsys' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Synopsys Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Synopsys is a key component of Synopsys valuation and have some predictive power on the future returns of a Synopsys.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Synopsys' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
569.29571.50573.71
Details
Intrinsic
Valuation
LowRealHigh
506.43508.63628.65
Details
Naive
Forecast
LowNextHigh
576.97579.17581.38
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.953.083.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Synopsys. Your research has to be compared to or analyzed against Synopsys' peers to derive any actionable benefits. When done correctly, Synopsys' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Synopsys.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Synopsys is a strong investment it is important to analyze Synopsys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synopsys' future performance. For an informed investment choice regarding Synopsys Stock, refer to the following important reports:
Check out Macroaxis Advice on Synopsys to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Synopsys' price analysis, check to measure Synopsys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synopsys is operating at the current time. Most of Synopsys' value examination focuses on studying past and present price action to predict the probability of Synopsys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synopsys' price. Additionally, you may evaluate how the addition of Synopsys to your portfolios can decrease your overall portfolio volatility.
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The data published in Synopsys' official financial statements usually reflect Synopsys' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Synopsys. For example, before you start analyzing numbers published by Synopsys accountants, it's critical to develop an understanding of what Synopsys' liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Synopsys' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Synopsys' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Synopsys' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Synopsys. Please utilize our Beneish M Score to check the likelihood of Synopsys' management manipulating its earnings.