Synopsys, Inc. (SNPS) shares rose 2.7% to $377.59 as of September 16, 2026, a moderate gain from the prior close of $367.70. BestStocks flagged the session as a major change for SNPS. Below, we break down what changed for SNPS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
SNPS climbed 2.7% to $377.59
SNPS rose 2.7% in its latest session, moving from $367.70 to $377.59.
ValuationLow confidence
Rel. volume
0.4×
Below Avg
Vs peers
—
No comparable peers
Market cap
$72.3B
NASDAQ Global Select
Analyst target
$557
+47.5% vs price
Price chart
Aug 17 – Sep 16
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Synopsys, Inc. investors
For Synopsys, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive 2.7% session move. Weighing against that: SNPS fell 3.05% to $441.69 in the first 95 minutes of trading on below-average volume (0.50x expected ratio); New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $557.00, implying +47.5% upside from $377.59. Over the past 90 days analysts logged 4 upgrades and 0 downgrades. BestStocks rates the overall signal quality low (42/100). With earnings roughly 84 days out, the next report is the most likely near-term test of the move.
SNPS price reaction
SNPS last traded at $377.59, up $9.89 (+2.69%) from the previous close of $367.70. The session traded on 0.4× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $367.70 and $464.89, and it currently sits about 10% of the way up that band.
Bullish and bearish analyst opinions on Synopsys, Inc. (SNPS)
The consensus analyst price target on Synopsys, Inc. (SNPS) is $557.00, 47.5% above the recent $377.59. Over the past 90 days analysts logged 4 upgrades, 7 maintains, and 0 downgrades. Here is how the bullish and bearish cases on SNPS line up.
▲ The bullish case
+Wall Street's consensus price target of $557.00 implies +47.5% upside from $377.59.
+The Street's most bullish target is $633.00 (+67.6%).
+4 analyst upgrades in the past 90 days, most recently Wells Fargo to Overweight (2026-09-10).
+Positive 2.7% session move.
▼ The bearish case
−SNPS fell 3.05% to $441.69 in the first 95 minutes of trading on below-average volume (0.50x expected ratio).
−Synopsys, Inc. (SNPS) moved −1.21% from $396.82 to $392.03 on 2026-09-08, reaching a new 30-day low.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Sep 16, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Synopsys shares declined 2.53% to $387.32 amid a broader technology sector selloff driven by macro headwinds: surging oil prices approaching $100/barrel, Middle East tensions, and rising Federal Reserve rate-hike expectations pressuring software stocks. The S&P 500 software index fell roughly 1.4% on the day, with volume at 0.81x the 80-minute average — normal for the time of session.
Activity2026-09-08-0.5%
Synopsys, Inc. (SNPS) moved −1.21% from $396.82 to $392.03 on 2026-09-08, reaching a new 30-day low. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
Synopsys shares fell 5.90% to $391.76 amid a broad technology sector sell-off driven by surging bond yields (30-year Treasury near 19-year highs) and macroeconomic headwinds including Middle East-driven oil price gains, according to market analysis. The Nasdaq declined over 1% as investors rotated away from richly valued growth stocks. Volume was elevated at 2.63x the time-adjusted historical average, signaling broad liquidation pressure across the sector.
Material / Earnings2026-09-01-5.6%
Synopsys, Inc. (SNPS) moved -3.13% from $428.21 to $414.82 on 2026-09-01. We checked news, earnings announcements, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average.
Material / Earnings2026-08-28-4.8%
Synopsys, Inc. (SNPS) moved −4.17% from $461.85 to $442.61 on 2026-08-28. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, indicating typical trading activity.
Synopsys reported fiscal Q3 earnings that beat on both revenue and EPS, with record Q3 revenue of $2.477 billion (up 42.4% YoY vs. consensus $2.44B) and non-GAAP EPS of $3.91 vs. $3.67 expected, per Yahoo Finance. Management also raised full-year fiscal 2026 guidance to $9.69B–$9.74B revenue and $15.04–$15.10 non-GAAP EPS, citing strong demand for AI chip-design software. SNPS rose +9.03% to $447.04 in early trading.
Material / Earnings2026-08-25+3.6%
Synopsys, Inc. (SNPS) moved +3.14% from $396.34 to $408.79 on 2026-08-25. Volume was 2.1x the 5-day average. We checked news, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found ahead of the move.
Material / Earnings2026-08-14+2.4%
Synopsys, Inc. (SNPS) moved +1.78% from $414.11 to $421.50 on 2026-08-14, reaching a new 30-day high. We checked news, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
In-depth SNPS event analyses
Permanent, dated analyses of SNPS's most significant sessions.
SNPS rose 2.7% to $377.59. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did SNPS stock rise?
SNPS gained 2.69% ($9.89) versus the prior close of $367.70, last trading at $377.59 on 0.4× average volume.
When is Synopsys, Inc.'s next earnings date?
SNPS's next earnings report is estimated for 2026-12-09 — about 84 days away.
What is the analyst price target for SNPS?
The consensus analyst price target for SNPS is $557.00, about 47.5% above the current $377.59. Over the past 90 days, analysts recorded 4 upgrades, 7 maintains, and 0 downgrades.
How BestStocks tracks SNPS
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared SNPS-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for SNPS, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 16, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
