Synopsys stock: Needham raises target for Synopsys stock to USD 620.00
Published on 10/19/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and trading date
- Needham set a USD 620.00 target on October 12, 2026, up from USD 580.00.
- Synopsys had a USD 87.9 billion market capitalization on October 19, 2026.
- Synopsys stock costs EUR 407.25 at Lang & Schwarz on October 19, 2026 at 4:10 p.m. CEST, 1.81 percent above the Xetra close of October 16, 2026.
- Synopsys is scheduled to report fiscal fourth-quarter results on December 2, 2026.
Needham adjusted its Synopsys target to USD 620.00 from USD 580.00 on October 12, 2026, according to MarketScreener. That target is 35.10 percent above the USD 458.91 Nasdaq price at 10:25 a.m. EDT on October 19, 2026. Synopsys stock was trading at EUR 407.25 at Lang & Schwarz at 4:10 p.m. CEST, up 1.81 percent versus the Xetra close of October 16, 2026 at EUR 400.00.
Target distance remains material
The Needham revision is the latest in a series of October target changes. MarketScreener lists Deutsche Bank at USD 640.00 from USD 590.00, Rosenblatt at USD 620.00 from USD 575.00, and KeyBanc at USD 605.00 from USD 600.00, all dated October 1, 2026. The spread matters because Synopsys has a USD 362.55 to USD 539.48 52-week range, leaving the Nasdaq price 14.93 percent below its high.
Range and valuation in focus
The Xetra quote reached EUR 412.00 during the session and had a low of EUR 407.50, while Lang & Schwarz showed a EUR 406.50 bid and a EUR 408.00 ask at 4:10 p.m. CEST. The primary-market volume was 254,278 shares against an average of 2,108,504 shares in the latest quote.
Synopsys carried a USD 87.9 billion market capitalization and a trailing price-to-earnings ratio of 80.29 on October 19, 2026. The company reported fiscal third-quarter results on August 26, 2026, according to Yahoo Finance.
December reporting date ahead
Synopsys is scheduled to report fiscal fourth-quarter results on December 2, 2026, according to TradingView. The date gives the valuation discussion a clear next checkpoint, while the target revisions keep analyst expectations above the current Nasdaq quotation.
Trading range sets the near-term frame
The euro quotation remains above the Xetra close of October 16, 2026, while the US listing sits below its 52-week high. For investors, the key contrast is the distance between the USD 458.91 Nasdaq price and the USD 620.00 Needham target.
The further course of trading is shown by the continuously updated real-time quote of Synopsys stock.
Synopsys market data
- Company: Synopsys, Inc.
- ISIN: US8716071076
- Ticker: SNPS
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 19, 2026, 4:10 p.m. CEST): EUR 407.25
- Change versus Xetra close: plus 1.81 percent
- Xetra close (October 16, 2026): EUR 400.00
- Market capitalization: USD 87.9 billion (as of October 19, 2026)
- 52-week range: USD 362.55-539.48 (as of October 19, 2026)
- Sector / Industry: Technology / Software - Infrastructure
- Next earnings date: December 2, 2026
Market context: Market report Nasdaq Composite.
