Synopsys which can be found using ticker (SNPS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 515 and 420 with the average target price sitting at $484.64. Now with the previous closing price of $458.89 this now indicates there is a potential upside of 5.6%. The 50 day MA is $441.46 and the 200 moving average now moves to $385.83. The market capitalization for the company is 70.05B. The current share price for the company is: 460.45 USD
The potential market cap would be $73,976,493,615 based on the market consensus.
The company has a dividend yield of 1.35%. Other points of data to note are a P/E ratio of 68.93, revenue per share of 36.29 and a 7.37% return on assets.
Synopsys provides products and services across the silicon to software spectrum. The Company operates through two segments: Semiconductor & System Design and Software Integrity. The Semiconductor & System Design segment includes its advanced silicon design, verification products and services, and semiconductor intellectual property (IP) portfolio that encompasses products and services that serve companies primarily in the semiconductor and electronics industries. This segment also supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs), also known as chips. The Software Integrity segment includes a portfolio of products and services to intelligently address software risks across the customer portfolio and at all stages of the application lifecycle. This segment offers software tools and services that include security and testing products. The Company also provides application security Software-as-a-Service (SaaS).
