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SNPS

Synopsys Inc

NASDAQ: SNPS · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$482.60
+0.29% today

Updated 2026-04-29

Market cap
$92.45B
P/E ratio
74.25
P/S ratio
11.54x
EPS (TTM)
$6.50
Dividend yield
—
52W range
$376 – $652
Volume
2.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Synopsys Inc (SNPS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$482.60
Consensus
$540.71
+12.04%
2030 Target
$952.97
+97.47%
DCF
—
—
14 analysts:
3 Buy4 Hold2 Sell

Management guidance

Synopsys management has guided to FY2026 revenue of $9.82B (39.2% YoY growth from $7.05B in FY2025) and FY2027 revenue of $10.87B (10.7% growth). The company is leveraging AI-driven demand for EDA tools and the Ansys integration to drive near-term acceleration, with specific focus on high-end compute and next-generation chip design for AI infrastructure.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,627.99
$15.4B Rev × 20x P/S
Base case (2030)
$952.97
$15.4B Rev × 12x P/S
Bear case (2030)
$635.31
$15.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$5.3B$6.1B$7.1B$9.8B$10.9B$12.1B$13.7B$15.4B
Revenue growth—15.2%15.1%39.2%10.7%11.3%13.0%12.7%
EPS$11.21$13.39$12.99$14.73$17.44$20.50$23.80$27.50
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$635.31$675.02$754.43$873.55$952.97

Catalysts & risks

Growth catalysts
+ AI-driven semiconductor design demand and EDA tool adoption from NVIDIA, TSMC, Intel, and cloud hyperscalers
+ Ansys integration synergies and cross-sell opportunities combining EDA with simulation/engineering software
+ Elliott Investment Management activism and multi-billion dollar stake driving operational improvements and capital allocation
+ Arm AGI CPU collaboration expanding design win momentum in custom silicon and high-end compute
+ Cloud-based design platform adoption and subscription revenue conversion supporting higher margins
Key risks
- China export restrictions and geopolitical tensions impacting ~15-20% of addressable market
- Ansys integration execution risk, debt servicing ($14.3B total debt), and margin pressure from acquisition
- IP segment weakness (Design IP declined in Q1 FY2026) indicating customer cycle softness and competitive pressure from Cadence/Rambus
- Data breach (June 2025 ransomware attack, disclosed April 2026) creating reputational and legal liability
- Customer concentration risk (TSMC, NVIDIA, Intel represent significant revenue; semiconductor spending cyclicality)

Methodology

Synopsys Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.