Here’s What the Street Thinks About Synopsys (SNPS)

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Noor Ul Ain Rehman

Wed, June 24, 2026 astatine 7:41 AM CDT 2 min read

Synopsys, Inc. (NASDAQ:SNPS) is 1 of the champion large tech stocks to bargain according to Wall Street analysts. Synopsys, Inc. (NASDAQ:SNPS) received respective standing updates pursuing the merchandise of its fiscal Q1 fiscal results. BofA lifted the terms people connected the banal to $600 from $515 connected May 28 and maintained a Buy standing connected the shares. The steadfast cited the "promising" FY26 guidance raise, "encouraging" catalyst path, and an capitalist time connected September 30, which it believes could beryllium "a imaginable affirmative catalyst" fixed that it expects a caller semipermanent model. This includes the payment of Ansys synergies.

Synopsys, Inc. (SNPS) Benefits From Its Relationship With NVIDIA, Says Jim Cramer

Synopsys, Inc. (NASDAQ:SNPS) besides received a standing update from Wells Fargo the aforesaid day. The steadfast lifted the terms people connected the banal to $535 from $505 and reiterated an Equal Weight standing connected the shares. It stated that the institution delivered affirmative results and guidance, adding that the adjusted integrated 2026 forecast being greater than the first-half bushed was amended than expected. The steadfast believes that with Management co-op, Synopsys, Inc. (NASDAQ:SNPS) shares could commencement to connection a much absorbing risk/reward astatine its late-September Analyst Day.

Synopsys, Inc. (NASDAQ:SNPS) provides physics plan automation (EDA) bundle utilized by engineers for the plan and investigating of integrated circuits. The institution besides offers semiconductor intelligence spot products, and its operations are divided into the Design Automation and Design IP segments.

While we admit the imaginable of SNPS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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