Morgan Stanley raises target for Synopsys stock to USD 574.00
Published on 10/21/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and capital allocation
- Morgan Stanley lifted its Synopsys target to USD 574.00 on October 20, 2026.
- Third-quarter revenue reached USD 2.48 billion after 42.4 percent year-over-year growth.
- Synopsys stock trades at EUR 400.00 at 11:21 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.50 percent above the Xetra close of October 20, 2026.
Synopsys Inc. (ISIN US8716071076) saw Morgan Stanley raise its price target from USD 500.00 to USD 574.00 on October 20, 2026, according to MarketBeat. The move keeps the analyst focus on Synopsys' growth outlook after its investor-day announcements.
Revenue gives the target support
Synopsys reported USD 2.48 billion of revenue for the third quarter of fiscal 2026, up 42.4 percent from the same period a year earlier, according to Barchart. The quarter also included USD 545.8 million of net income attributable to Synopsys and non-GAAP earnings per share of USD 3.91.
The same report said fiscal 2026 revenue guidance stood at USD 9.69 billion to USD 9.74 billion, while non-GAAP earnings per share guidance was USD 15.04 to USD 15.10. That combination gives the higher target a measurable operating backdrop, although the reported growth includes the Ansys acquisition.
Three recent milestones
On September 30, 2026, Synopsys announced a multiyear Amazon agreement worth more than USD 1.00 billion, according to Barchart. On October 5, 2026, the company authorized a USD 1.00 billion accelerated share repurchase program, according to MarketBeat. On October 20, 2026, Morgan Stanley raised its target to USD 574.00.
What does the target change imply?
MarketBeat calculated that Morgan Stanley's new target implied 28.33 percent upside from the previous close in US dollars. The target change therefore adds a quantified bullish counterpoint to the stock's elevated valuation and the integration demands tied to Ansys.
Stock trades above the Xetra close
Synopsys stock was trading at EUR 400.00 at Lang & Schwarz on October 21, 2026, at 11:21 a.m. CEST, 0.50 percent above the Xetra close of October 20, 2026, at EUR 398.00. The primary listing is Nasdaq, where the stock was quoted in US dollars in the cited market context.
The further course of trading is shown by the continuously updated real-time quote of Synopsys stock.
Synopsys stock facts
- Company: Synopsys, Inc.
- ISIN: US8716071076
- Ticker: SNPS
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 21, 2026, 11:21 a.m. CEST): EUR 400.00
- Change versus Xetra close: plus 0.50 percent
- Xetra close (October 20, 2026): EUR 398.00
- Sector / Industry: Electronic design automation and semiconductor intellectual property
Market context: Market report Nasdaq Composite.
