# Synopsys, Inc. – Consensus ‘buy’ rating and 9.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/synopsys-inc.consensus-buy-rating-and-9.7-upside-potential/4121163258
- Published: 2024-07-01T14:28:11+01:00
- Author: Charlotte Edwards

**Synopsys, Inc.** which can be found using ticker (SNPS) now have 16 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $707.78 and $615.00 calculating the average target
price we see $652.54. Now with the previous closing price of $595.00 this would 
indicate that there is a potential upside of 9.7%. Also worth taking note is the
50 day moving average now sits at $566.35 and the 200 moving average now moves to
$536.60. The company has a market capitalization of 91.17B. The stock price for 
Apple Inc. is $595.06 USD

 The potential market cap would be $99,989,654,544 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 64.96, 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).

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