Synopsys upgraded by Piper Sandler, analyst calls support the shares
24.06.2026 - 12:04:58 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-24, 12:01.
Synopsys Inc. (US8716071076) has drawn fresh attention on NASDAQ after Piper Sandler upgraded the shares from Neutral to Overweight and lifted its price target to 550 dollars, according to an analyst note that highlights improving prospects in the company’s intellectual property business. An Investing.com summary of the Piper Sandler update cites upside linked to Intel’s foundry momentum and Apple-related opportunities.
What Piper Sandler changes
Piper Sandler’s move from Neutral to Overweight comes with a price target increase from 450 to 550 dollars, implying around 18 percent potential upside from a recent valuation near 465 dollars in the note. The report highlights Synopsys’s semiconductor IP portfolio, arguing that the business stands to benefit as Intel’s foundry strategy progresses and as design wins tied to large customers such as Apple deepen.
The analyst update also adjusts longer-term expectations. Piper Sandler now projects fiscal 2027 earnings per share of 17.04 dollars, up from a prior estimate of 16.69 dollars, while revising its revenue forecast by about 1 billion dollars, according to the same note. The firm points to Synopsys’s leverage to AI and advanced process nodes as reasons for the higher earnings outlook.
Where consensus stands today
Synopsys is covered by a broad analyst base that remains clearly positive. Data compiled by MarketBeat shows a consensus rating of Moderate Buy with an average price target around 570.06 dollars, based on recent research calls. MarketBeat’s Synopsys overview lists multiple Buy recommendations, signaling continued confidence in the stock despite a recent pullback.
Another sentiment snapshot from Adanos characterizes the shares as a Buy, with an analyst consensus labeled Strong Buy and a distribution indicating 17 Buy, 7 Hold and 1 Sell ratings. The Adanos Synopsys page notes limited controversy about the direction of the stock, aligning with the broadly constructive view from traditional research houses.
All news and analysis on the Synopsys shares
Further corporate releases, market data and previous analyst notes on Synopsys are collected in the dedicated topic section and on the company’s own investor relations pages.
The business behind the stock
Synopsys generates its revenue primarily by providing electronic design automation software and semiconductor IP that chipmakers use to design, verify and manufacture integrated circuits. MarketBeat’s company description notes that the portfolio spans tools for digital and analog design flows, as well as pre-designed IP blocks for complex systems-on-chip.
Where the shares trade now
Synopsys shares (US8716071076) last closed on NASDAQ at 461.50 dollars on 2026-06-23, with extended-hours trading indicated around 463.50 dollars shortly after the close, according to MarketBeat’s pricing data. The same dataset shows a market capitalization of roughly 88.37 billion dollars at that closing level.
Synopsys at a glance
- Company: Synopsys Inc.
- ISIN: US8716071076
- WKN: 883549
- Ticker: SNPS
- Trading venue: NASDAQ
- Price (as of 2026-06-23, 16:00): 461.50 USD
- Market cap: 88.37 billion USD (as of 2026-06-23)
- Sector / industry: Information Technology / Application Software
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This text is for informational purposes only and does not constitute investment advice, tax advice or a recommendation to buy or sell securities. All data and assessments are based on sources considered reliable at the time of publication but may change without notice.
