Synopsys (SNPS)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-10-29
$467.61-4.61%
Close 2026-10-30 · 1-day change
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-10-29
Research Workspace
Put SNPS beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Revenue reaches about $9.665 billion in fiscal 2026: Revenue: $2.48B.
View ThesisRevenue growth is accelerating — up about 46% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — the market is pricing in about 54% growth a year, above the roughly 17% analysts expect, leaving little room for error.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskSNPS’s Amazon custom-chip deal and OpenAI partnership must sustain growth as revenue growth has slowed from earlier levels. Q3 FY2026 revenue grew 42% year over year, and non-GAAP earnings beat consensus. SNPS trades at 38× P/E versus the 30× peer median. The market is pricing more growth than our forecast. The 19% next-quarter miss probability and fragile cash backing threaten the growth case. The 54% below-market valuation read reflects that peer multiples imply a price about 54% below where it trades; the thesis is on watch. This read is provisional.
Trailing returns as of 2026-10-30. SNPS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 26 analysts currently covering SNPS (as of Oct 2026).
Based on 11 Wall Street analysts offering 12-month price targets for SNPS in the last 4 months.
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Compare SNPS with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| SNPS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put SNPS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive double-digit revenue growth in fiscal year 2026
Deals with Amazon and OpenAI support revenue growth objectives.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $467.61
The last 12 months of price, then the range of analyst 12-month targets from today’s $467.61.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Execute accelerated share repurchase program
Accelerated share repurchase supports capital allocation strategy.
Advances: Complete integration and synergy realization of Ansys acquisition
AI and Ansys integration supports growth narrative.
Advances: Drive double-digit revenue growth in fiscal year 2026
Partnerships with Amazon and OpenAI support revenue growth objectives.
Advances: Revenue growth target for FY 2026
Investor Day supports revenue growth targets for FY 2026.
Significant deal enhances growth potential in custom chips.
Bullish options flow indicates positive market sentiment.
Price target increase reflects confidence in revenue growth.
