# Synopsys, Inc.  Share Price Target ‘$602.04’, now -.8% Downside Potential

- Link: https://www.directorstalkinterviews.com/synopsys-inc.share-price-target-602.04-now.8-downside-potential/4121164234
- Published: 2024-07-08T12:45:44+01:00
- Author: Charlotte Edwards

**Synopsys, Inc.** which can be found using ticker (SNPS) have now 16 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between $652.01 and $566.54
and has a mean share price target at $602.04. (at the time of writing). Given that
the stocks previous close was at $606.99 this indicates there is a potential downside
of -.8%. It’s also worth noting that there is a 50 day moving average of $573.68
and the 200 day moving average is $539.57. The company has a market capitalization
of 95.19B. The current share price for the company is: $621.30 USD

 The potential market cap would be $94,416,797,034 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 67.53, 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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