SNPS has been in the news 462% more than usual
Feb 27, 2026, 1:32 PM
-10.95%
What does SNPS do
Synopsys, headquartered in Sunnyvale, California, provides electronic design automation software for integrated circuit design and testing, employing 20,300 people. It operates in three segments: Design Automation, Design IP, and Software Integrity.
SNPS has been in the news recently: In Q1 2026, Synopsys reported $2.409 billion in revenue, with a GAAP EPS of $0.34 and a non-GAAP EPS of $3.77, while also authorizing $2.0 billion for stock repurchases. Despite these strong results, Synopsys lowered its FY26 GAAP EPS guidance below estimates, leading to a decline in its stock price.
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