Synopsys, Inc. which can be found using ticker (SNPS) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $707.78 and $615.00 and has a mean share price target at $651.61. (at the time of writing). Given that the stocks previous close was at $610.18 this would imply there is now a potential upside of 6.8%. There is a 50 day moving average of $561.30 and the 200 day moving average is $533.17. The market cap for the company is 92.78B. The stock price is currently at: $605.53 USD
The potential market cap would be $99,076,255,421 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 66.25, 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).
