Synopsys upgraded by Piper Sandler, analyst focus lifts shares outlook

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 20:34.

Synopsys Inc. (US8716071076) draws fresh attention on the NASDAQ after Piper Sandler upgraded the stock to Overweight and lifted its price target from 450 to 550 dollars, according to an Investing.com report. Investing.com highlights the change in recommendation and notes the stronger role of Synopsys in the semiconductor design chain.

Piper Sandler’s new call

Piper Sandler’s analysts move Synopsys from Neutral to Overweight and raise their price target by 100 dollars to 550 dollars, pointing to momentum in Intel’s foundry ambitions and additional opportunity with Apple as key demand drivers. The analyst note cited by Investing.com also mentions improved expectations for the company’s intellectual property segment.

According to the same report, Piper Sandler now models Synopsys fiscal 2027 revenue at around 10.8 billion dollars, slightly above its previous 10.7 billion dollar estimate, and lifts its earnings-per-share forecast for that year to about 17.04 dollars. A companion Investing.com piece on the rating change underlines that the new target implies a high-teens percentage upside from the recent trading level.

Consensus on Synopsys shares

Beyond Piper Sandler, several houses already rate Synopsys positively, with firms such as KeyBanc and Rosenblatt having Overweight or Buy stances and price targets between roughly 575 and 600 dollars, according to aggregated analyst data reported by Investing.com. The same article notes that analysts recently highlighted strong growth in Synopsys’s IP business as a driver of their constructive view.

On MarketBeat, Synopsys appears with an earnings and estimates overview that shows the stock as part of the NASDAQ-100 peer group, underlining the company’s role among large US technology names. MarketBeat’s Synopsys earnings page lists recent quarterly performance and consensus projections that investors use to compare the rating changes against existing expectations.

How Synopsys earns its money

Synopsys generates most of its revenue from electronic design automation software that chip designers use to create and verify integrated circuits, complemented by a sizable intellectual property portfolio of pre-designed semiconductor blocks and verification IP, as described in industry profiles of the company. A company overview on FinancialData.net notes that smaller shares of revenue come from related hardware tools and consulting services around software quality and security.

Where the Synopsys shares trade today

Synopsys shares (US8716071076) most recently changed hands on the NASDAQ at around 464.51 dollars on 2026-06-23 at 07:21, according to consolidated quote data.

This text is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. Figures and assessments are based on sources cited in the text and may change without notice.