# Synopsys, Inc. – Consensus ‘buy’ rating and -3.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/synopsys-inc.consensus-buy-rating-and-3.9-downside-potential/4121133410
- Published: 2023-11-20T15:43:37+00:00
- Author: Charlotte Edwards

**Synopsys, Inc.** with ticker code (SNPS) now have 14 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between $600.00 and $420.00 calculating the average target price we see
$512.79. Now with the previous closing price of $533.45 this would indicate that
there is a downside of -3.9%. There is a 50 day moving average of $477.11 and the
200 day moving average is $424.35. The market cap for the company is 81.33B. The
current share price for the company is: $534.78 USD

 The potential market cap would be $78,181,597,292 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 80.06, 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).

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