
Synopsys (SNPS) Stock Forecast & Price Target
Synopsys (SNPS) Analyst Ratings
Bulls say
Synopsys is positioned favorably due to its anticipated backlog growth, projected to reach between $9.3 billion and $9.5 billion, supported by organic expansion and a $1.2 billion contribution from Ansys. The company is expected to generate modest upside in its F3Q revenue, potentially exceeding prior street estimates by $5 million to $10 million for core revenues, while including an additional $100 million from Ansys. As a result of these factors and the overall digitalization trend in various end markets, Synopsys stands to benefit significantly as semiconductor companies adapt to changing technological demands.
Bears say
The negative outlook for Synopsys's stock is primarily driven by sustained market share losses in its digital and IP segments, which are creating growth headwinds for the company. Additionally, persistent go-to-market challenges in its software security business are compounding these issues and hindering potential revenue growth. Lastly, external factors such as estimated revenue impacts from reduced market activity in China and broader macroeconomic risks further inhibit the company's financial performance and growth prospects.
This aggregate rating is based on analysts' research of Synopsys and is not a guaranteed prediction by Public.com or investment advice.
Synopsys (SNPS) Analyst Forecast & Price Prediction
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