Synopsys, Inc. (NASDAQ:SNPS) will release earnings for its second quarter after the closing bell on Wednesday, May 27.

Analysts expect the Sunnyvale, California-based company to report quarterly earnings of $3.16 per share, down from $3.67 per share in the year-ago period. The consensus estimate for Synopsys' quarterly revenue is $2.25 billion (it reported $1.6 billion last year), according to Benzinga Pro.

On March 10, Synopsys announced the launch of the Synopsys Electronics Digital Twin (eDT) Platform, an open platform designed to accelerate the development of software-defined products and physical AI systems.

Synopsys shares gained 1.9% to close at $534.56 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Rosenblatt analyst Blair Abernethy maintained a Buy rating and raised the price target from $530 to $575 on May 26, 2026. This analyst has an accuracy rate of 66%.
  • Wells Fargo analyst Joe Quatrochi maintained an Equal-Weight rating and boosted the price target from $450 to $505 on May 14, 2026. This analyst has an accuracy rate of 78%.
  • Citigroup analyst Kelsey Chia maintained a Buy rating and increased the price target from $580 to $600 on May 13, 2026. This analyst has an accuracy rate of 79%.
  • Morgan Stanley analyst Lee Simpson downgraded the stock from Overweight to Equal-Weight and cut the price target from $550 to $480 on Feb. 27, 2026. This analyst has an accuracy rate of 71%.
  • Piper Sandler analyst Clarke Jeffries maintained a Neutral rating and lowered the price target from $520 to $430 on Feb. 26, 2026. This analyst has an accuracy rate of 50%.

Considering buying SNPS stock? Here’s what analysts think:

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