Synopsys (SNPS)
(Delayed Data from NSDQ)
$507.03 USD
+2.34 (0.46%)
Updated Oct 18, 2024 04:00 PM ET
After-Market: $507.03 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
F Value D Growth A Momentum D VGM
Synopsys (SNPS) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$651.00 | $694.00 | $600.00 | 28.99% |
Price Target
Based on short-term price targets offered by 14 analysts, the average price target for Synopsys comes to $651.00. The forecasts range from a low of $600.00 to a high of $694.00. The average price target represents an increase of 28.99% from the last closing price of $504.69.
Analyst Price Targets (14)
Broker Rating
Synopsys currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 1.20 a month ago based on 15 recommendations.
Of the 15 recommendations deriving the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 86.67% and 6.67% of all recommendations. A month ago, Strong Buy made up 86.67%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 12 | 13 | 13 | 13 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.20 | 1.21 | 1.20 | 1.20 | 1.20 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/15/2024 | Berenberg Bank | Nay Soe Naing | Not Available | Strong Buy |
9/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/22/2024 | Piper Sandler | Clarke Jeffries | Strong Buy | Strong Buy |
8/22/2024 | Robert W. Baird & Co. | Joe Vruwink | Strong Buy | Strong Buy |
8/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/22/2024 | Griffin Securities | Jay Vleeschhouwer | Strong Buy | Strong Buy |
8/22/2024 | Needham & Company | Charles Shi | Moderate Buy | Moderate Buy |
8/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/15/2024 | Rosenblatt Securities | Blair H Abernethy | Strong Buy | Strong Buy |
6/27/2024 | KeyBanc Capital Markets | Jason Celino | Strong Buy | Strong Buy |
2/22/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.20 |
ABR (Last week) | 1.21 |
# of Recs in ABR | 15 |
Average Target Price | $651.00 |
LT Growth Rate | 15.50% |
Industry | Computer - Software |
Industry Rank by ABR | 60 of 252 |
Current Quarter EPS Est: | 3.28 |
SNPS FAQs
Synopsys, Inc. (SNPS) currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms.
The average price target for Synopsys, Inc. (SNPS) is $651.00. The current on short-term price targets is based on 7 reports.
The forecasts for Synopsys, Inc. (SNPS) range from a low of $600 to a high of $694. The average price target represents a increase of $28.39 from the last closing price of $507.03.
The current UPSIDE for Synopsys, Inc. (SNPS) is 28.39%
Based on short-term price targets offered by 14 analysts, the average price target for Synopsys comes to $651.00. The forecasts range from a low of $600.00 to a high of $694.00. The average price target represents an increase of 28.99% from the last closing price of $504.69.