Why Synopsys, Inc. (SNPS) stock moved
Synopsys, Inc. (SNPS) shares rose 4.8% to $434.94 as of September 30, 2026, a moderate gain from the prior close of $415.09. BestStocks flagged the session as a major change for SNPS. The move is tied to company news. Below, we break down what changed for SNPS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
Company News
Synopsys raised long-term growth targets and emphasized AI-driven engineering solutions at 2026 investor day. Higher revenue and margin guidance signals management confidence in AI monetization and competitive positioning.
What it means for Synopsys, Inc. investors
For Synopsys, Inc. investors, the balance of recent signals points to a bullish shift. On the constructive side: Material positive event; Positive 4.8% session move. Weighing against that: SNPS moved -4.33% from its $445.01 open to a $425.76 close on 2026-09-25; SNPS fell 3.05% to $441.69 in the first 95 minutes of trading on below-average volume (0.50x expected ratio). Wall Street's consensus price target sits at $557.55, implying +28.2% upside from $434.94. Over the past 90 days analysts logged 5 upgrades and 0 downgrades. BestStocks rates the overall signal quality medium (68/100). With earnings roughly 70 days out, the next report is the most likely near-term test of the move.
SNPS price reaction
SNPS last traded at $434.94, up $19.85 (+4.78%) from the previous close of $415.09. The session traded on 2.3× average volume (very high), so the move carried above-average conviction.
Bullish and bearish analyst opinions on Synopsys, Inc. (SNPS)
The consensus analyst price target on Synopsys, Inc. (SNPS) is $557.55, 28.2% above the recent $434.94. Over the past 90 days analysts logged 5 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 $557.55 implies +28.2% upside from $434.94.
- The Street's most bullish target is $700.00 (+60.9%).
- 5 analyst upgrades in the past 90 days, most recently HSBC to Buy (2026-09-25).
- Material positive event.
- Positive 4.8% session move.
The bearish case
- The most bearish analyst target is $420.00 (-3.4%).
- SNPS moved -4.33% from its $445.01 open to a $425.76 close on 2026-09-25.
- SNPS fell 3.05% to $441.69 in the first 95 minutes of trading on below-average volume (0.50x expected ratio).
Weighing both sides, BestStocks' composite read of recent signals is bullish, 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 30, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for SNPS
Frequently asked questions about SNPS
Why did Synopsys, Inc. (SNPS) stock move?
SNPS rose 4.8% to $434.94. The move is associated with company news.
How much did SNPS stock rise?
SNPS gained 4.78% ($19.85) versus the prior close of $415.09, last trading at $434.94 on 2.3× average volume.
When is Synopsys, Inc.'s next earnings date?
SNPS's next earnings report is estimated for 2026-12-09 — about 70 days away.
What is the analyst price target for SNPS?
The consensus analyst price target for SNPS is $557.55, about 28.2% above the current $434.94. Over the past 90 days, analysts recorded 5 upgrades, 7 maintains, and 0 downgrades.
How BestStocks tracks SNPS
This page is generated automatically by BestStocks' change-detection system after company news was detected and verified against independent data sources. 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 30, 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.