SNPS spotlight — 2026-10-02
SNPS saw a significant one-day surge of 12.78% on Thursday, making it the standout move for the stock recently. Despite being down slightly over the year with a -0.58% return, SNPS has shown resilience in the short term, gaining 12.21%…
Key figures
Data as of Oct 2, 2026- SNPS last close
- $490.54
- SNPS change vs prior close
- 12.78%
- SNPS trailing P/E
- 75.89
- SNPS market cap
- $81.64B
SNPS saw a significant one-day surge of 12.78% on Thursday¹, making it the standout move for the stock recently. Despite being down slightly over the year with a -0.58% return², SNPS has shown resilience in the short term, gaining 12.21% over the past three months³. This recent upward trend is particularly noteworthy given its high earnings multiple of 75.89⁴.
The stock closed at $490.54 on Thursday⁵, up from a year's low of $362.55 but still below the 52-week high of $539.48⁶⁷. SNPS has notably outperformed its short-term averages, closing above both its 50-day and 200-day moving averages by 21.04% and 10.3%, respectively⁸⁹.
The stock's recent surge has also been accompanied by high trading volumes, with Thursday’s volume of 6,664,650 shares being 3.32 times its average over the past 20 sessions¹⁰¹¹. This activity is consistent with a stock showing strength and gaining momentum.
Synopsys Inc (SNPS): price and news
Full chart and figuresDaily closes up to Oct 1, 2026, the last session before this was written.
News
- Why Synopsys Stock Soared on ThursdayThe Motley Fool1d agoPositive
Strong revenue growth guidance (up to 15% to $11.2B in 2027) exceeding analyst expectations, healthy operating margins (20.7% GAAP, 44% non-GAAP), and robust free cash flow projections ($3.1B in 2027). Stock price jumped 12.5% on the announcement. Fair valuation at 25x forward free cash flow with 22% expected five-year earnings growth supports positive outlook.
- Alchip collaborates with Synopsys to Address Scale Up and Out Bandwidth ConstraintsPress releaseGlobeNewswire Inc.Sep 23Positive
Synopsys' 224G PHY IP is featured as a critical component in the collaborative solution, demonstrating the company's relevance and technological advancement in supporting next-generation AI data center infrastructure requirements.
- Also mentions this stock
- IonQ's New Research Shows Up to 14.6% Gains in Engineering WorkloadsZacks Investment ResearchSep 22Positive
Successfully integrated quantum algorithms into their Ansys LS-DYNA simulation software, demonstrating practical applications of quantum computing in mainstream engineering tools and expanding their software capabilities.
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