# Synopsys, Inc.  Share Price Target ‘$642.06’, now 18.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/synopsys-inc.share-price-target-642.06-now-18.9-upside-potential/4121174298
- Published: 2024-10-15T12:36:43+01:00
- Author: Charlotte Edwards

**Synopsys, Inc.** with ticker code (SNPS) have now 15 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $707.78 and $496.12 with the average
share target price sitting at $642.06. (at the time of writing). Given that the 
stocks previous close was at $539.92 this would indicate that there is a potential
upside of 18.9%. There is a 50 day moving average of $511.35 and the 200 moving 
average now moves to $548.59. The company has a market cap of 83.79B. The price 
for the stock stands currently at: $545.46 USD

 The potential market cap would be $99,641,427,366 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 56.18, 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).

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