BofA raises target for Synopsys stock to USD 600.00

Published on 10/15/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Investor Day set fiscal 2027 revenue at USD 11.10 billion midpoint. Synopsys stock costs EUR 420.25 on October 15, 2026, 2.83 percent below its Xetra close.

Analyst targets and growth outlook

BofA raised its Synopsys target from USD 500.00 to USD 600.00 on October 1, 2026.
Synopsys guided to USD 11.10 billion in fiscal 2027 revenue at the midpoint on September 30, 2026.
Synopsys stock trades at EUR 420.25 at 10:38 a.m. CEST at Lang & Schwarz on October 15, 2026, 2.83 percent below the Xetra close of October 14, 2026.

Isometrische Grafik der Wertschöpfungskette von Chipdesign bis Endgerät — Isometrische 3D-Grafik illustriert Wertschöpfungskette der Chipentwicklung, typisch für Synopsys Inc. (ISIN US8716071076) im EDA-Softwaregeschäft, Illustration mit AI erstellt.

BofA raised its price target for Synopsys stock from USD 500.00 to USD 600.00 on October 1, 2026, following the company's Investor Day. The move came as Synopsys outlined fiscal 2027 revenue guidance of USD 11.10 billion to USD 11.20 billion and a broader plan for AI-driven engineering software and semiconductor design tools, according to Yahoo Finance.

Investor Day sets a higher bar

The September 30, 2026 Investor Day gave investors a quantified growth framework. Synopsys expects fiscal 2027 revenue of USD 11.10 billion to USD 11.20 billion, with a non-GAAP operating margin of 44.00 percent at the midpoint and GAAP earnings per share of USD 8.16 to USD 8.61, according to the Synopsys release. The company also said it intends to repurchase approximately USD 1.00 billion of shares, subject to market conditions.

That outlook builds on fiscal third-quarter revenue of USD 2.48 billion, up 42.40 percent year over year, while non-GAAP earnings per share reached USD 3.91 and exceeded the USD 3.67 consensus estimate. Synopsys lifted fiscal 2026 revenue guidance to USD 9.69 billion to USD 9.74 billion, as reported by Yahoo Finance.

What do the targets mean for margins?

The key test is execution after the Ansys acquisition. Synopsys targets a 44.00 percent non-GAAP operating margin for fiscal 2027, compared with 41.50 percent guidance for fiscal 2026, a 2.50 percentage-point increase. BofA and KeyBanc both raised targets after the Investor Day, with KeyBanc moving from USD 600.00 to USD 605.00, according to Yahoo Finance.

Three dates frame the story

On August 26, 2026, Synopsys reported fiscal third-quarter revenue of USD 2.48 billion. On September 30, 2026, it set fiscal 2027 revenue guidance at USD 11.10 billion to USD 11.20 billion. On October 1, 2026, BofA raised its target from USD 500.00 to USD 600.00.

Next reporting date

Zacks lists December 9, 2026, as Synopsys' next earnings release date. The upcoming report will test the fiscal 2027 framework against fourth-quarter execution and the integration of Ansys.

Stock reflects a sharper pullback

Synopsys stock was trading at EUR 420.25 at Lang & Schwarz on October 15, 2026 at 10:38 a.m. CEST, down 2.83 percent versus the Xetra close of October 14, 2026 at EUR 432.50. The primary listing is Nasdaq, where the stock was last quoted at USD 421.00 on October 15, 2026 at 8:27 a.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Synopsys stock.