Synopsys, Inc. with ticker code (SNPS) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $707.78 and $615.00 with the average target price sitting at $656.11. Given that the stocks previous close was at $560.38 this indicates there is a potential upside of 17.1%. Also worth taking note is the 50 day moving average now sits at $586.36 and the 200 day moving average is $546.88. The company has a market cap of 86.28B. The stock price for Occidental Petroleum Corporation is $563.12 USD
The potential market cap would be $101,018,080,668 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 61.34, revenue per share of $41.44 and a 8.71% 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).
