Synopsys, Inc. with ticker code (SNPS) now have 15 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 $701.70 and $600.00 with the average target price sitting at $642.05. Given that the stocks previous close was at $567.11 this would imply there is now a potential upside of 13.2%. Also worth taking note is the 50 day moving average now sits at $566.30 and the 200 day moving average is $501.28. The company has a market capitalization of 87.78B. The current stock price for Microsoft Corporation is currently $575.45 USD
The potential market cap would be $99,381,213,165 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 63.73, revenue per share of $40.30 and a 8.75% return on assets.
Synopsys, Inc. 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).
