SNPS Earnings

SNPS reported its earnings on 2026-05-27, showcasing a revenue of against an estimate of 2.25B, resulting in a 0% surprise. The EPS was 0, surpassing the expected 3.15 by 0%. The stock experienced a -8.61% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following SNPS's earnings announcement on 2026-05-27, the stock price moved by -8.61% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, SNPS's stock price tends to shift by an average of -2.44% in the 10 days leading up to earnings and -5.74% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate SNPS's annual revenue to reach 2.43B, while the EPS is projected at 3.72. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between SNPS's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SNPS's stock price typically moves by -2.44% in the 10 days before its earnings and -5.74% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 3.72 and revenue of 2.43B.

The earnings call presents a mixed sentiment. While there are positive elements like AI integration in EDA tools, successful business models, and optimistic future synergies, these are offset by concerns such as muted analog chip design activity, declining backlog, and vague management responses on synergies. The lack of immediate financial impact from new technologies and the normal ebb and flow of renewals contribute to a neutral outlook. Without a market cap provided, the stock's reaction could be more muted, leading to a neutral prediction (-2% to 2%).