Synopsys, Inc. (SNPS) earnings on August 26, 2026
Prior outlook: Optimistic Outcome: Accurate
Synopsys jumped after reporting earnings. The stock rose as much as 13.4% and finished the day up 13.4%.
SNPS price around the earnings
464.89
Change: +13.4%
2026-08-27, 20:00 UTC
Start of the measured window
End of the measured window
382.40
409.90
437.39
464.89
410.00
August 26, 2026
August 27, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
- Results released
Analysts cite high upside driven by AI, despite a past earnings miss and recent price target cuts.
Context analyzed before publication
- Trend
- Trajectory scores show a significant improvement to a strong positive outlook into earnings.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.71
- Analysts covering the stock
- 26
- Average price target
- 560.17
- Lowest price target
- 414.77
- Highest price target
- 650
- Upside to price target
- 37.5%
- Quarterly earnings growth
- -95%
- Revenue growth
- 41.9%
- Forward EPS
- 17.25
- Trailing EPS
- 4.37
- Analyst moves in the last 60 days
- 4
- Strong buy: 4
- Buy: 14
- Hold: 5
- Sell: 0
- Strong sell: 1
- Strong buy
- 4
- Buy
- 14
- Hold
- 5
- Sell
- 0
- Strong sell
- 1
- August 25, 2026 · Rosenblatt: Maintains rating (Buy → Buy)
- August 19, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- August 11, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- July 16, 2026 · Benchmark: Initiates coverage (Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (8)
- EXCLUSIVE: Synopsys Says the AI Assistant Era Is Already Ending (opens in a new tab) — Benzinga
- EXCLUSIVE: Synopsys Says AI Is Already Delivering 6x Productivity Gains (opens in a new tab) — Benzinga
- EXCLUSIVE: Nvidia's $2 Billion Synopsys Bet Signals AI's Next Frontier (opens in a new tab) — Benzinga
- Synopsys Q3 Preview: 40% Revenue Growth On AI Products, Ansys Acquisition (opens in a new tab) — Benzinga
- Nvidia Could Swing $282 Billion In Value After Earnings (opens in a new tab) — Benzinga
- Morgan Stanley Maintains Equal-Weight on Synopsys, Lowers Price Target to $500 (opens in a new tab) — Benzinga
- Wells Fargo Maintains Equal-Weight on Synopsys, Lowers Price Target to $450 (opens in a new tab) — Benzinga
- If You Invested $100 In Synopsys Stock 20 Years Ago, You Would Have This Much Today (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 408.84
- Average true range (ATR)
- 2.6%
- Distance to 52-week high
- -33.5%
- 14-day change (14d)
- -0.6%
- 30-day change (32d)
- +9.5%
- 30-day relative strength
- +5.6%
- QQQ change (32d)
- +3.9%
- Nearest support
- 407.14
- Distance to nearest support
- 0.4%
- Nearest resistance
- 410.21
- Distance to nearest resistance
- 0.3%
- Volume accumulation ratio (14d / 46d)
- 0.62
- Minor: 407.14 (0.4% away, 0.16 ATR, 4 touches)
- Major: 404.9 (1% away, 0.36 ATR, 29 touches)
- Major: 403.03 (1.4% away, 0.54 ATR, 28 touches)
- Mid: 410.2 (0.3% away, 0.13 ATR, 14 touches)
- Minor: 413.27 (1.1% away, 0.41 ATR, 8 touches)
- Major: 416.84 (2% away, 0.74 ATR, 29 touches)
Trends
Evidence
- Average earnings surprise
- +1.7%
- May 27, 2026: actual EPS 3.35 vs estimate 3.16 (surprise +6.0%)
- February 25, 2026: actual EPS 3.77 vs estimate 3.56 (surprise +6.0%)
- December 10, 2025: actual EPS 2.9 vs estimate 2.78 (surprise +4.2%)
- September 9, 2025: actual EPS 3.39 vs estimate 3.75 (surprise -9.5%)
Expected move
- Implied move
- +8.5%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 4.8%
- 75th percentile move
- 8.5%
- 90th percentile move
- 10.5%
- Up / down moves
- 8 / 12
- Average up move
- +5.8%
- Average down move
- -7.0%
Monitoring and close
What Synopsys, Inc. reported
- Status
- Finished
| Actual EPS | 3.91 |
|---|---|
| EPS estimate | 3.67 |
| EPS surprise | +6.5% |
| Revenue | $2,477 million |
| Revenue estimate | $2,438 million |
| Revenue surprise | +1.6% |
Synopsys reported Q3 adjusted EPS of $3.91 and sales of $2.48 billion, both beating estimates. The company raised FY2026 guidance significantly. Shares slipped despite the strong results.
Sources (7)
- Synopsys Shares Slip Despite Strong Q3 Results: Details (opens in a new tab) — Benzinga
- Synopsys Raises FY2026 GAAP EPS Guidance from $2.49-$2.91 to $3.84-$4.08 vs $2.64 Est (opens in a new tab) — Benzinga
- Synopsys Raises FY2026 Adj EPS Guidance from $14.72-$14.80 to $15.04-$15.10 vs $14.76 Est; Raises FY2026 Sales Guidance from $9.625B-$9.705B to $9.690B-$9.740B vs $9.680B Est (opens in a new tab) — Benzinga
- Synopsys Sees Q4 Adj EPS $4.10-$4.16 vs $4.00 Est; Sees Sales $2.530B-$2.580B vs $2.552B Est (opens in a new tab) — Benzinga
- Synopsys beat expectations in Q3: adjusted EPS of $3.91 and sales of $2.477 billion, both above estimates. — Benzinga
- Synopsys Q3 Adj. EPS $3.91 Beats $3.67 Estimate, Sales $2.477B Beat $2.438B Estimate (opens in a new tab) — Benzinga
- EXCLUSIVE: Synopsys Says the AI Assistant Era Is Already Ending (opens in a new tab) — Benzinga
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +0.9% pre-market, a move below the stock's usual reaction (about 5%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +13.4%
- Max favorable move (MFE)
- 13.4%
- Max adverse move (MAE)
- 6.8%