# Synopsys, Inc.  Share Price Target ‘$651.61’, now 6.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/synopsys-inc.share-price-target-651.61-now-6.8-upside-potential/4121161851
- Published: 2024-06-24T13:41:48+01:00
- Author: Charlotte Edwards

**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).

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