Synopsys (SNPS) Price Target Increased by 5.60% to 523.04
2023-10-31 21:16
US
The average one-year price target for Synopsys (NASDAQ:SNPS) has been revised to 523.04 / share. This is an increase of 5.60% from the prior estimate of 495.33 dated October 4, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 424.20 to a high of 630.00 / share. The average price target represents an increase of 13.47% from the latest reported closing price of 460.94 / share.
What is the Fund Sentiment?
There are 2046 funds or institutions reporting positions in Synopsys.
This is an increase
of
90
owner(s) or 4.60% in the last quarter.
Average portfolio weight of all funds dedicated to SNPS is 0.47%,
a decrease
of 2.33%.
Total shares owned by institutions decreased
in the last three months by 2.65% to 155,682K shares.
The put/call ratio of SNPS is 0.89, indicating a
bullish
outlook.
What are Other Shareholders Doing?
Capital World Investors holds 6,198K shares representing 4.08% ownership of the company. In it's prior filing, the firm reported owning 5,361K shares, representing an increase of 13.50%. The firm increased its portfolio allocation in SNPS by 21.27% over the last quarter.
Price T Rowe Associates holds 5,079K shares representing 3.34% ownership of the company. In it's prior filing, the firm reported owning 5,636K shares, representing a decrease of 10.97%. The firm increased its portfolio allocation in SNPS by 113.34% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,750K shares representing 3.12% ownership of the company. In it's prior filing, the firm reported owning 4,714K shares, representing an increase of 0.76%. The firm increased its portfolio allocation in SNPS by 4.80% over the last quarter.
Jpmorgan Chase holds 4,194K shares representing 2.76% ownership of the company. In it's prior filing, the firm reported owning 4,676K shares, representing a decrease of 11.52%. The firm decreased its portfolio allocation in SNPS by 9.83% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 3,627K shares representing 2.38% ownership of the company. In it's prior filing, the firm reported owning 3,557K shares, representing an increase of 1.93%. The firm increased its portfolio allocation in SNPS by 4.11% over the last quarter.
Synopsys Background Information
(This description is provided by the company.)
Synopsys, is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products.
