Needham raises target for Synopsys stock to USD 620

Published on 10/13/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Its 52-week range is EUR 318.00 to EUR 464.50. Synopsys stock costs EUR 443.75 on October 13, 2026, down 1.28 percent versus the Xetra close.

Analyst target and market position

Needham raised its Synopsys target from USD 580.00 to USD 620.00 on October 12, 2026.
Synopsys stock had a 52-week range of EUR 318.00 to EUR 464.50 on October 13, 2026.
Synopsys stock costs EUR 443.75 at Lang & Schwarz on October 13, 2026 at 5:17 p.m. CEST, 1.28 percent below the Xetra close of October 12, 2026.
Synopsys had a P/E ratio of 87.87 and market capitalization of EUR 85.9 billion on October 13, 2026.

Fotorealistisches Chip-Design-Labor mit Ingenieuren, Bildschirmen und Silizium-Wafer — Fotorealistisches Bild zeigt Chip-Design-Labor von Synopsys Inc. (ISIN US8716071076) mit Wafer und Bildschirmen im Halbleiterdesign, Illustration mit AI erstellt.

Needham raised its Synopsys Inc. (US8716071076) price target from USD 580.00 to USD 620.00 on October 12, 2026, maintaining a Buy rating, according to Investing.com. Using the Nasdaq price of USD 495.18 at 11:30 a.m. ET on October 13, 2026, the new target lies 25.21 percent above the home-market price. At Lang & Schwarz, the stock was trading at EUR 443.75 on October 13, 2026 at 5:17 p.m. CEST, 1.28 percent below the Xetra close of October 12, 2026 at EUR 449.50.

Target distance reaches 25.21 percent

The change gives investors two separate reference points. Needham's USD 620.00 target is 6.90 percent above its previous USD 580.00 target, while the new target stands 25.21 percent above the contemporaneous Nasdaq price of USD 495.18.

Needham also highlighted uncertainty over which company will become the leading provider of artificial intelligence electronic design automation. That caveat matters because the target increase rests on a longer-term assessment of Synopsys' artificial intelligence opportunity rather than only on the latest trading session.

52-week range spans EUR 318.00

The Lang & Schwarz price sits EUR 20.75 below the 52-week high of EUR 464.50 and EUR 125.75 above the 52-week low of EUR 318.00, both as of October 13, 2026. The current level therefore remains inside a wide EUR 146.50 annual range, leaving the analyst target as the more immediate valuation reference.

Valuation and business profile

Synopsys had a market capitalization of EUR 85.9 billion and a P/E ratio of 87.87 on October 13, 2026. The valuation figure places the stock in a high-multiple segment of the software market, so execution against future growth assumptions remains central to how the target is assessed.

Synopsys describes its business as spanning electronic design automation, semiconductor intellectual property, and systems verification, according to Synopsys. The combination gives the company exposure to chip complexity, artificial intelligence hardware development, and verification demand across the design cycle.

Price stays below the Xetra close

The EUR 443.75 Lang & Schwarz price was EUR 5.75 below the Xetra close of EUR 449.50 dated October 12, 2026. The Nasdaq reference price was USD 495.18 at 11:30 a.m. ET on October 13, 2026, while the 52-week high stood at EUR 464.50 in the German quotation.

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