Core EDA penetration + M&A synergy + recovery in China market, Synopsys (SNPS.US) is upgraded to 700 USD by Goldman Sachs.
According to the Securities Times APP, Goldman Sachs maintains a "buy" rating on Synopsys Inc. (SNPS.US) and sets a 12-month target price of $700, indicating significant upside potential compared to the current stock price. This optimistic outlook is based on the company's strong core business growth and strategic M&A synergies. Financial data shows that Synopsys is expected to achieve total revenue of $7.299 billion in fiscal year 2025, a 16.5% year-on-year increase, with non-GAAP earnings per share reaching $13.70.
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