Synopsys, Inc. with ticker code (SNPS) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $707.78 and $496.12 suggesting an average analyst share price target price of $642.06. (at the time of writing). Given that the stocks previous close was at $506.65 this would imply there is now a potential upside of 26.7%. The 50 day moving average now sits at $525.68 and the 200 day moving average is $551.04. The market cap for the company is 77.70B. The price for the stock stands currently at: $505.79 USD
The potential market cap would be $98,461,990,067 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 52.09, 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).
