Synopsys, Inc. which can be found using ticker (SNPS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 565.86 and 396.1 with the average target price sitting at $483.61. Now with the previous closing price of $455.26 this now indicates there is a potential upside of 6.2%. It’s also worth noting that there is a 50 day moving average of $460.38 and the 200 day MA is $412.05. The market capitalization for the company is 68.98B. The current share price for the company is: 453.54 USD
The potential market cap would be $73,271,473,473 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, revenue per share of 36.29 and a 7.37% 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).
