Synopsys, Inc. (SNPS) Stock Forecasts

Amazon and Synopsys have signed a $1 billion deal to accelerate Amazon's custom silicon innovation and advance AI products and cloud infrastructure. The multi-year agreement builds on 15 years of collaboration, with Synopsys providing application-optimized silicon IP. Amazon's Peter DeSantis highlighted the impact of custom silicon on AWS, while Synopsys' Sassine Ghazi emphasized the partnership's role in shaping AI-native engineering.

Morgan Stanley raised its price target for Synopsys to $574 from $500, forecasting fiscal 2027 EPS of $19.12. The firm believes Synopsys' AI story isn't fully priced in, but a re-rating depends on execution and proof of usage revenue growth. Investors will watch for metrics like customer retention and contracted backlog.

Morgan Stanley argues Synopsys is undervalued, citing overlooked AI revenue potential. The firm raised its price target to $574 from $500 and maintains an Overweight rating. Synopsys' stock has declined 9.07% year-to-date.

Morgan Stanley raised Synopsys' (SNPS) price target to $574 from $550, citing AI growth potential. SNPS shares dipped 0.8% premarket. GF Value™ estimates intrinsic value at $661.95, 32.8% above current price. SNPS has a GF Score™ of 93/100, reflecting strong growth and profitability. The stock's P/E ratio is 78.61x, below its 5-year median of 59.07x.

Morgan Stanley raised its price target for Synopsys (SNPS) to $574, citing AI-driven expansion. The firm believes Synopsys' valuation discount is unwarranted. Shares fell 0.8% in premarket trading.

Morgan Stanley raised its price target for Synopsys to $574 from $500. The company's stock is currently trading at $454.58, down 9.54% year-to-date. Additionally, an insider sold shares worth $6.76 million, according to an SEC filing.