Morgan Stanley Raises Synopsys (SNPS) Price Target to $574
Key Points
- Morgan Stanley reiterated an Overweight rating on Synopsys on October 20, 2026, bumping its price target up to $574.00 from $500.00.
- Morgan Stanley's $574 price target implies 28.24% upside from Synopsys, Inc.'s ($SNPS) current $447.60 share price.
- Synopsys recently traded near $447.60, sitting above its 50-day moving average of $428.78 ahead of its December 9, 2026 earnings release.
- Wall Street maintains a consensus strong buy view on the chip software provider with an average price target of $583.99.
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Morgan Stanley reaffirmed its Overweight rating on Synopsys, Inc. [SNPS] on October 20, 2026, while raising its price target on the semiconductor software maker from $500.00 to $574.00. The note reflects a positive outlook on the company's design intellectual property and automation tools. Synopsys closed at $447.62 on the day of the announcement.
SNPS
Synopsys, Inc.
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Morgan Stanley's Call on Synopsys, Inc.
The firm kept its Overweight stance intact while lifting its target by $74.00. The updated target points to notable upside from recent trading levels near $447.60. Morgan Stanley is one of several major institutions reviewing the chip design firm ahead of its next financial update.
Other Institutional Activity in Synopsys, Inc.
Other large money managers have adjusted their positions in the semiconductor software provider recently. Nvidia Corp held steady with 4,821,717 shares valued at $2,158,296,939 as of June 30, 2026. Meanwhile, Van Eck Associates Corporation grew its holdings by 569,711 shares, marking a 19.7% increase to end the period with 3,457,249 shares worth about $1,547,533,780.
Synopsys, Inc. Stock Down 1.5%
Shares of the tech provider recently changed hands around $447.60 as of October 20, 2026. The stock trades above its 50-day moving average of $428.78 and just above its 200-day moving average of $445.84. The equity has moved between a 52-week low of $362.55 and a 52-week high of $539.48.
$SNPS price target
Synopsys, Inc. daily closes and this analyst's $574 target. Not advice.
Recent Earnings
Synopsys brought in trailing twelve-month revenue of $9.42 billion with basic earnings per share of $5.66. The firm recorded a net profit margin of 11.4% alongside a return on equity of 3.7%. Investors look toward the next earnings report scheduled for December 9, 2026.
Insider Buying and Selling at Synopsys, Inc.
Company insiders executed several stock sales prior to the analyst update. Chief Executive Officer Sassine E Ghazi sold 14,604 shares on September 15, 2026, at an average price of $374.88 for a total value of $5,474,683. Later, on October 6, 2026, officer Sudhindra Kankanwadi sold 12,170 shares valued at $6,039,340, while general counsel Janet Lee disposed of 1,143 shares worth $574,685. Finally, CEO Sassine Ghazi completed a planned sale of 14,604 shares on October 15, 2026, at an average price of $462.84 for a total of $6,759,359.
Analysts Set New Price Targets
Wall Street firms frequently update their outlooks on the software infrastructure developer. Wells Fargo maintained an Overweight rating on October 1, 2026, pushing its target from $475.00 to $540.00. Keybanc maintained an Overweight rating on the same day with a target of $605.00, up from $600.00. Rosenblatt kept a Buy rating on October 1, 2026, lifting its target from $575.00 to $620.00. Needham maintained a Buy rating on October 12, 2026, raising its target to $620.00 from $580.00. Across the street, the stock holds a consensus strong buy rating with a mean price target of $583.99 from 25 analysts.
About Synopsys, Inc.
Synopsys, Inc. provides silicon design and verification software alongside semiconductor intellectual property. The Sunnyvale, California-based technology company serves clients building advanced chips for electronics, artificial intelligence, and computing infrastructure through its design automation and design IP divisions.
Bottom Line
Market participants will track upcoming analyst adjustments and the company's next earnings report on December 9, 2026. The stock continues to trade below its average analyst target while maintaining strong institutional interest.
Related Filing Alerts
Source: Morgan Stanley's rating change on $SNPS (Oct 20, 2026). Written by software, not financial advice. How we make alerts