Synopsys Stock Forecast & Predictions

SNPS revenue growth forecast for 2024-2026 and 1-year price target of $666.67

Apr. 11, 2026 at 2:58am

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Synopsys, a leading electronic design automation company, is forecasted to see strong revenue growth over the next few years. Wall Street analysts predict SNPS revenue will reach $941.7 billion in 2024, $1.06 trillion in 2025, and $1.21 trillion in 2026. The average 12-month price target for Synopsys stock is $655.30, with a high of $690 and a low of $625.

Why it matters

Synopsys is a key player in the semiconductor industry, providing critical software and services for chip design and verification. Its financial performance and stock outlook are closely watched as indicators of broader technology sector trends and the health of the global electronics supply chain.

The details

According to the data, Synopsys is forecast to see steady revenue growth over the next few years, with analysts projecting a 5.69% annual increase on average. The company's 2024 revenue is expected to reach $6.23 billion, up from an estimated $5.89 billion in 2023. Looking further out, Synopsys is predicted to generate over $1 trillion in revenue by 2025 and exceed $1.2 trillion by 2026. Wall Street has a generally bullish outlook on the stock, with a 12-month average price target of $655.30, representing potential upside of over 30% from current levels.

  • Synopsys is expected to report its 2024 fiscal year results in late 2024.
  • The company's 2025 and 2026 revenue forecasts extend into the future based on analyst projections.

The players

Synopsys

An American electronic design automation (EDA) company that focuses on silicon design, verification, and software security.

Wall Street Analysts

A group of financial analysts from various investment firms who cover and make forecasts about Synopsys stock.

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The takeaway

Synopsys' strong revenue growth projections and positive stock outlook suggest the company is well-positioned to capitalize on continued demand for its EDA software and services in the semiconductor industry. However, investors should closely monitor any potential macroeconomic or industry-specific headwinds that could impact the company's performance going forward.