Synopsys Set Price Surge: Here Is The Bullish Prediction

3 hours ago 2

Vandita Jadeja

Wed, April 29, 2026 astatine 12:40 PM CDT 4 min read

Quick Read

Synopsys (SNPS) trades astatine $483.89 with a 24/7 Wall St. terms people of $597.11, implying 23.4% upside with 90% confidence.
Q1 FY2026 gross deed $2.41B (+65.4% YoY driven by Ansys integration), non-GAAP EPS of $3.77 bushed statement by 5.98%, and the institution retired $3.45B successful indebtedness portion replenishing a $2B buyback authorization.
Synopsys’ AI-driven backlog of $11.4B and momentum betterment hinge connected palmy Ansys synergy execution, though $10B successful semipermanent indebtedness and U.S. export controls connected spot plan bundle to China airs downside risks.
The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Synopsys wasn't 1 of them. Get them present FREE.

I'm starring with the header due to the fact that the mathematics present is excessively important to bury. Synopsys (NASDAQ:SNPS) trades astatine $483.89, and our 24/7 Wall St. terms people points to $597.11 implicit the adjacent 12 months. That implies 23.4% upside, and the exemplary carries 90% confidence. The setup looks constructive from here.

An infographic titled 'Synopsys (SNPS) 12-Month Price Prediction' shows a fiscal analysis. The apical section, 'THE CALL,' features a greenish arrow pointing from the existent terms of '$483.89' to the terms people of '$597.11,' indicating a 'BUY' standing with 'High Confidence (90%)' and a '+23.4% UPSIDE.' The 'HOW WE GOT THERE' conception lists a Trailing P/E-Based Price of '$483.89,' a Forward P/E-Based Price of '$526.82,' and an Analyst Consensus of '$534.65 (30% weight),' starring to a Weighted Base of '$520.58.' 'OUR ADJUSTMENTS' item increases for Sector Momentum (Tech) astatine '+15%' and Analyst Consensus astatine '+0.043,' and decreases for Earnings Growth astatine '-0.03,' with a tiny accommodation for Other Factors, resulting successful a Final Target of '$597.11 (1.14x Multiplier).' The 'BULL CASE: WHAT COULD GO RIGHT' conception lists affirmative factors and a people of '$688.15.' The 'BEAR CASE: WHAT COULD GO WRONG' conception lists antagonistic factors and a people of '$519.55.' The bottommost enactment reiterates 'BUY - $597.11 (+23.4%)' with a summary statement.

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Synopsys wasn't 1 of them. Get them present FREE.

Metric

Value

Current Price	$483.89
24/7 Wall St. Price Target	$597.11
Upside	23.4%
Setup	Constructive
Confidence Level	90%

A Volatile Year Sets Up the Setup

SNPS has been 1 of the much volatile large-cap bundle names successful caller memory. The banal is up 27.18% implicit the past period and 3.49% implicit the past week, yet it sits 18% beneath its 52-week precocious of $651.73. The October 2025 selloff, erstwhile SNPS dropped 35.84% successful a azygous league connected a 9.48% EPS miss, inactive anchors the chart.

Q1 FY2026, reported February 25, 2026, was the rebuttal. Revenue deed $2.41 billion, rising 65.4% YoY connected the Ansys integration, and non-GAAP EPS of $3.77 bushed statement by 5.98%. Operating currency travel swung to $856.83 million, and Synopsys retired astir $3.45 cardinal of semipermanent indebtedness during the quarter.

The Case for $688 and Beyond

Bulls person a cleanable story. CEO Sassine Ghazi told investors "AI continues to substance robust system-level and semiconductor R&D, and the expanding AI capabilities passim our portfolio fortify our strategical vantage and accelerate our customers' innovation."

Backlog ended FY2025 astatine $11.4 billion, FY2026 gross guidance sits astatine $9.56 cardinal to $9.66 billion, and the committee replenished a $2 cardinal buyback.

Analyst statement people of $534.65 includes 17 Buy and 2 Strong Buy ratings. Our bull-case script lands astatine $688.15, a 42.21% full return, if Ansys synergies propulsion done and silicon-to-systems TAM enlargement accelerates.

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