Synopsys Analysts Raise Their Forecasts Following Better-Than-Expected Q4 Earnings

Group 1 - Synopsys, Inc. reported fourth-quarter earnings of $2.90 per share, exceeding the analyst expectation of $2.78, with quarterly revenue of $2.26 billion, surpassing the estimate of $2.25 billion [1] - CEO Sassine Ghazi highlighted the company's strong performance, stating it redefined Synopsys as a leader in engineering solutions from silicon to systems [1] Group 2 - For fiscal 2026, Synopsys projects adjusted EPS between $14.32 and $14.40, significantly above the analyst estimate of $12.85, and revenue expectations of $9.56 billion to $9.66 billion, compared to the $7.04 billion estimate [2] - Following the earnings announcement, Synopsys shares fell by 0.8% to $472.13 [2] Group 3 - Piper Sandler analyst Clarke Jeffries maintained an Overweight rating on Synopsys but lowered the price target from $630 to $602 [3] - Needham analyst Charles Shi maintained a Buy rating and raised the price target from $550 to $580 [3] - B of A Securities analyst Vivek Arya upgraded Synopsys from Neutral to Buy, increasing the price target from $500 to $560 [3] - Keybanc analyst Jason Celino maintained an Overweight rating and raised the price target from $575 to $600 [3] - Wells Fargo analyst Joe Quatrochi maintained an Equal-Weight rating and increased the price target from $445 to $500 [3]