Synopsys stock: Needham raises target to USD 620 for Synopsys stock

Published on 10/21/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 revenue rose 42.40 percent to USD 2.48 billion. Synopsys stock costs EUR 407.00 on October 21, 2026, 2.26 percent above Xetra close.

Needham target and key dates

Needham raised its Synopsys target from USD 580.00 to USD 620.00 on October 12, 2026.
Fiscal third-quarter revenue reached USD 2.48 billion, up 42.40 percent year over year.
Synopsys stock costs EUR 407.00 at Lang & Schwarz on October 21, 2026 at 3:38 p.m. CEST, 2.26 percent above the Xetra close of October 20, 2026, 12.38 percent below the 52-week high.
Kaplio lists December 9, 2026 as the next earnings date.

Schwarzweiß-Reportagefoto von Ingenieuren bei der Analyse von Chip-Layouts im Büro — Schwarzweiß-Reportage dokumentiert Ingenieure von Synopsys Inc. (ISIN US8716071076) bei Analyse komplexer Chip-Layout-Schaltpläne im Büro, Illustration mit AI erstellt.

Needham raised its Synopsys price target from USD 580.00 to USD 620.00 on October 12, 2026, while maintaining a buy rating, according to MarketBeat. The target sits 38.51 percent above the USD 447.62 Nasdaq closing price from October 20, 2026. Synopsys stock was trading at EUR 407.00 at Lang & Schwarz on October 21, 2026 at 3:38 p.m. CEST, up 2.26 percent versus the Xetra close of October 20, 2026 at EUR 398.00.

Revenue growth stays visible

Synopsys reported fiscal third-quarter revenue of USD 2.48 billion for the period ended July 31, 2026, up 42.40 percent from the year-earlier quarter, according to Yahoo Finance. Adjusted earnings per share reached USD 3.91, compared with USD 3.39 in the prior-year quarter. The results included USD 545.8 million of net income attributable to Synopsys, versus USD 242.5 million a year earlier.

Stock remains below its high

The Lang & Schwarz price was 12.38 percent below the 52-week high of EUR 464.50 and 28.14 percent above the 52-week low of EUR 318.00 on October 21, 2026. Kaplio listed Synopsys down 3.22 percent year to date as of October 20, 2026, while its reported price-to-earnings ratio stood at 78.30 times.

What comes next for earnings?

Kaplio lists December 9, 2026 as Synopsys' next earnings date and cites expected quarterly earnings per share of USD 4.10. The date follows the company's fiscal third-quarter report on August 26, 2026, which covered the period ending July 31, 2026.

Targets meet integration questions

Needham's target increase adds to a group of analyst revisions after Synopsys' Investor Day. MarketBeat also reported that the company authorized a USD 1.00 billion share-repurchase program on October 5, 2026. The combination of 42.40 percent quarterly revenue growth and a 78.30-times earnings multiple leaves the market weighing expansion against the cost of integrating Ansys.

Synopsys keeps a wide valuation spread

The price gap between the EUR 407.00 Lang & Schwarz quote and the EUR 464.50 52-week high is substantial, while the analyst target is stated in USD and therefore remains a separate Nasdaq comparison. For investors, the next earnings release will test whether the USD 4.10 quarterly earnings expectation can follow the USD 3.91 fiscal third-quarter result.

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