SNPS
Synopsys Inc
NASDAQ: SNPS · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$453.89
-0.53% today
Updated 2026-06-12
Market cap
$97.34B
P/E ratio
116.06
P/S ratio
10.86x
EPS (TTM)
$4.38
Dividend yield
—
52W range
$376 – $652
Volume
1.8M
Synopsys Inc (SNPS) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed SNPS price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$453.89
Today
Analyst consensus
$537.53
+18.43% · 12M
2030 Base
$498.74
+9.88% future
NPV today
$304.46
@ 11% WACC
26 analysts:
8 Buy8 Hold2 Sell
Management guidance
Synopsys has not provided explicit multi-year revenue targets through 2030 in public guidance. However, CEO Sassine Ghazi has emphasized that the Ansys acquisition ($35B deal closed in May 2026) creates a $11.3B backlog and positions the company for sustained double-digit growth driven by AI chip design demand. Management raised FY2026 full-year guidance post-Q1 results, signaling confidence in near-term acceleration. No specific 2028-2030 revenue targets have been disclosed.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
SNPS · Synopsys Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$243.44
NPV today: $148.61
Base case (2030)
$498.74
NPV today: $304.46
Bull case (2030)
$1,009.33
NPV today: $616.16
WallStSmart.com
SNPS financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $7.1B | $9.8B | $11.3B | $13.2B | $14.9B | $16.8B |
| Revenue growth | 15.1% | 39.2% | 14.5% | 16.9% | 13.7% | 12.2% |
| Net margin | — | 29.0% | 30.9% | 31.8% | 32.5% | 32.3% |
| EPS | $12.99 | $14.75 | $17.90 | $21.40 | $24.80 | $27.50 |
| Diluted shares | — | 193M | 194M | 195M | 196M | 197M |
| Net debt | — | $9.99B | $8.46B | $6.67B | $4.63B | $2.34B |
| P/S multiple | — | 6.0x | 6.0x | 6.0x | 6.0x | 6.0x |
| Implied price (base) | — | $253.63 | $304.24 | $370.01 | $433.60 | $498.74 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $16.8B | $16.8B | $16.8B |
| P/S multiple | 3.0x | 6.0x | 12.0x |
| Diluted shares | 197M | 197M | 197M |
| Net debt | $2.34B | $2.34B | $2.34B |
| Implied P/E † | 9x | 18x | 37x |
| 2030 Price | $243.44 | $498.74 | $1,009.33 |
| NPV @ 11% | $148.61 | $304.46 | $616.16 |
† Implied P/E: Multiples remain elevated across all three scenarios because SNPS is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $498.74 base case
SNPS catalysts and risks
Growth catalysts
+ Ansys integration execution and cost synergy realization (est. $500M+ EBITDA uplift by 2027)
+ AI-driven semiconductor design cycle acceleration; TSMC/NVIDIA partnership expansion with Synopsys tools
+ Quantum computing collaboration with Quantinuum expanding TAM into new industrial verticals (aerospace, life sciences)
+ $11.3B backlog conversion; multi-year customer commitments from hyperscalers (Meta, Microsoft, Google capex cycles)
+ Market share gains in EDA as AI complexity drives tool consolidation; recurring SaaS revenue mix expansion
Key risks
- Semiconductor capex cycle slowdown or customer budget delays (TSMC/Samsung capex plans subject to macro headwinds)
- Ansys integration execution risk; customer attrition or deal slippage during transition
- Geopolitical: China export controls limiting TAM; EDA tools subject to US regulations on advanced process nodes
- Competition from Cadence Design Systems and emerging EDA players leveraging generative AI
- Valuation compression: P/E 78x is elevated; multiple compression in recession could drive 30-40% downside despite strong fundamentals
Methodology · Synopsys Inc 2030 stock forecast model
Synopsys Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 26 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (3% cumulative for SNPS by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($2.34B by 2030) |
| 3. Time value | NPV calculated using 11% WACC (CAPM: beta 1.245) |
| 4. Multiple framework | P/S compresses with scale: bear 3.0x / base 6.0x / bull 12.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
SNPS price target FAQ
What is the SNPS price target for 2030?
WallStSmart's Synopsys Inc 2030 base case is $498.74 per share, with a bull case of $1,009.33 and bear case of $243.44. The NPV of the base case discounted to today at 11% WACC is $304.46.
How is the Synopsys Inc 2030 stock forecast calculated?
The SNPS 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the SNPS price target account for dilution?
Synopsys Inc is projected to grow diluted share count from 191M to 197M by 2030 (a 3% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 3%.
What is the analyst consensus on SNPS stock?
26 analysts cover SNPS with an average 12-month price target of $537.53. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.