Pre-market · Regular session opens 9:30 AM ET
Last update: Jun 30, 2026, 3:54 AM ET
Synopsys, Inc. (SNPS) — What Changed
$447.26-7.08 (-1.56%) vs yesterday's close
Jun 30, 2026 4:56 AM ET·NASDAQ Global Select·Pre-market·CEO: Sassine Ghazi·28,000 employees
Synopsys, Inc. is a leading provider of electronic design automation (EDA) software, instrumental in the creation and validation of integrated circuits. The company offers a robust portfolio of platfo…
🔔Major Change Detected
Price Move
-1.56%
1-Day Change
Volume Confirmation
1.21x
vs 30D Average
Catalyst
Earnings Beat
Material / Earnings
Peer Context
In Line With Peers
No peer data
Signal Quality
Medium
Confidence Score
63/100
BestStocks surfaces only meaningful changes—backed by price, volume, catalysts, and peer context—so you can focus on what matters.
1. What Changed Since Last Close
V›
Price Move DownLowLow
Jun 29-1.56%0.87x vol
Synopsys, Inc. (SNPS) declined 1.56% from $454.34 to $447.26 on 2026-06-29, hitting a new 30-day low. We checked news, e
F›
New FilingMediumMedium
May 27
Synopsys (SNPS) filed an 8-K on May 27, 2026. The stock showed no price movement on this date.
E›
Earnings BeatMediumMedium
May 27
Synopsys (SNPS) beat EPS expectations by 6.3%, reporting $3.35 per share versus the $3.15 consensus estimate for the 202
Showing 3 of 3 events
2. Change Timeline
| Date | Change | Price Reaction | Volume | Confidence ↓ |
|---|---|---|---|---|
| May 27 | FNew Filing | — | — | Medium |
| May 27 | EEarnings Beat | — | — | Medium |
| Jun 29 | VPrice Move Down | -1.56% | 0.87x | Low |
Sort:
3. Why It Moved
1
Primary Catalyst
Earnings Beat
Synopsys (SNPS) beat EPS expectations by 6.3%, reporting $3.35 per share versus
2
Supporting Evidence
- Synopsys (SNPS) beat EPS expectations by 6.3%, reporting $3.35 per sha
- Synopsys, Inc. (SNPS) declined 1.56% from $454.34 to $447.26 on 2026-0
3
Nature of Move
Sector-Wide Move
SNPS moved broadly in line with sector peers — consistent with a sector or macro-driven event.
4. Peer / Sector Confirmation
| Symbol | Today | 5D | Rel. Vol | |
|---|---|---|---|---|
| SNPS | -1.56% | — | 1.21x |
Sector-Wide Move. No peer data. SNPS moved broadly in line with sector peers — consistent with a sector or macro event.
5. SEC Filing Watch
May 27Medium
Quarterly financial results
May 27High
Material event — review for impact
May 27High
Material event — review for impact
Apr 20High
Material event — review for impact
Mar 2High
Material event — review for impact
View on SEC EDGAR →Source: filing_snapshots DB · past 120 days
6. Analyst Expectations
Consensus Target
$557.00
Median Target
$554.00
Upside to Target
+24.5%
vs $447.26
Analyst Activity — Last 90 Days
1
Upgrades
12
Maintains
0
Downgrades
Last Directional Actions
↑ Upgrade
Piper Sandler · Neutral → Overweight
Jun 23, 2026
↓ Downgrade
Morgan Stanley · Overweight → Equal Weight
Feb 27, 2026
7. Bull vs Bear Thesis Shift
Bullish Factors
✓Earnings beat — stock sold off (sell-the-news reaction)
✓Market activity signal
Bearish Factors
✕Declined 1.6% despite earnings beat — guidance or outlook concern
✕Negative session, down 1.6%
✕New SEC filing — review for material disclosures
Net Thesis Change vs Yesterday
BearishNeutralBullish
Neutral / Mixed-2 / 100
8. What To Watch Next
| Date | Event | Impact | |
|---|---|---|---|
| Aug 26est. | 10-Q Filing | Medium | |
| Sep 8 | Earnings Release | High |
est. = estimated from prior filing cycle
🔔
9. Set Alerts & Get Notified
Get notified when SNPS reports earnings, files an 8-K, receives an analyst upgrade, or sees unusual volume.
✓ Earnings alerts
✓ Filing alerts
✓ Volume spikes
✓ Analyst actions