Synopsys, Inc. with ticker code (SNPS) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $707.78 and $620.00 and has a mean target at $655.93. Given that the stocks previous close was at $521.78 this indicates there is a potential upside of 25.7%. It’s also worth noting that there is a 50 day moving average of $567.27 and the 200 day MA is $554.97. The market capitalization for the company is 79.79B. The stock price is currently at: $519.41 USD
The potential market cap would be $100,302,362,745 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 53.49, revenue per share of $42.47 and a 8.62% 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).
