BofA raises target for Synopsys stock to USD 600.00

Synopsys stock (ISIN US8716071076) was trading at EUR 450.50 at Lang & Schwarz on October 7, 2026 at 3:08 p.m. CEST, plus 0.61 percent versus the EUR 447.75 prior close on October 6, 2026. The company set a fiscal 2027 revenue range of USD 11.10 billion to USD 11.20 billion at its September 30 Investor Day, giving the latest market debate a clear test: whether artificial intelligence demand can convert into sustained growth.

Targets rise after Investor Day

According to Yahoo Finance on October 1, 2026, BofA raised its price target for Synopsys from USD 500.00 to USD 600.00 and kept its Buy rating. The same report said KeyBanc lifted its target from USD 600.00 to USD 605.00 while maintaining an Overweight rating.

The analyst response followed new AI-related agreements with OpenAI and Amazon Web Services. Reuters reported on October 1, 2026 that Synopsys forecast fiscal 2027 revenue and profit above analyst estimates while unveiling the deals.

Revenue growth raises the bar

Yahoo Finance said fiscal third-quarter 2026 revenue reached USD 2.48 billion, up 42.40 percent from the prior year and above the USD 2.44 billion consensus. That comparison gives the new fiscal 2027 range operational weight, although the forward targets still depend on execution across the Ansys integration and new AI offerings.

Synopsys also outlined a fiscal 2027 non-GAAP earnings-per-share range of USD 19.04 to USD 19.12 and a non-GAAP operating margin midpoint of 44.00 percent, according to the company release dated September 30, 2026. The framework calls for fiscal 2030 non-GAAP operating margin of 50.00 percent, making margin expansion as important as the revenue target.

Stock stays below its yearly high

SNPS was quoted at USD 505.17 on the NASDAQ at 8:00 p.m. UTC on October 6, 2026, with a 52-week range of USD 362.55 to USD 539.48 and a market capitalization of USD 96.7 billion. The primary-exchange quote was in US dollars and is separate from the euro reference price used for German investors.

Synopsys, Inc. develops electronic design automation software and silicon intellectual property for semiconductor and electronics companies. The combination of a 42.40 percent fiscal third-quarter revenue increase and a USD 11.10 billion to USD 11.20 billion fiscal 2027 outlook leaves execution against the new AI strategy as the central valuation question.

Euro quote remains near session high

At Lang & Schwarz, Synopsys was trading at EUR 450.50 on October 7, 2026 at 3:08 p.m. CEST, plus 0.61 percent versus the EUR 447.75 prior close dated October 6, 2026.

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

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