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SNPS rose +0.9% in the latest session, broadly in line with a strong Nasdaq 100 backdrop and mixed peer tape, while the underlying picture remains uneven: +39.5% revenue growth with -68.8% EPS growth and a rich 97.1 P/E keep the move from reading as fully settled.

SNPS

SYNOPSYS INC

As of Aug 4, 2026

58/100

Worth keeping an eye onHealth Score

Move driver

The primary driver looks market- and sector-adjacent rather than stock-specific: SNPS gained +0.9% on 2026-08-03, while the S&P 500 rose +1.4% and the Nasdaq 100 rose +1.8%, and same-sector peers were mixed with APP +2.6%, ADBE +0.4%, DDOG +2.1%, and CDNS -1.1%. That puts SNPS inside the day’s broader risk-on tone, but not as a clear leader or laggard versus software peers, so the session reads as a modest move inside a supportive tape rather than a company-specific break.

Volatility check

This looks like ordinary-to-moderate volatility for a high-beta software name, not a clean fundamental rerating. SNPS has beta 1.22, revenue growth of +39.5% YoY (TTM) and +41.9% YoY in the latest quarter, but EPS is -68.8% YoY (TTM), so the profit line is still uneven even with gross margin at +73.5%, operating margin at +13.3%, and net margin at +8.9%. Valuation is demanding at 97.1 P/E and 22.4 forward P/E; PEG is not meaningful here because EPS growth is negative. In plain terms, the business is growing fast, but the market is already paying for that growth, which makes the stock more sensitive to any change in sentiment.

Earnings setup

The next earnings date is 2026-08-26. The facts here do not give a current revenue or EPS consensus for that print, and they do not provide prior post-earnings reaction data, so I can’t quantify expected growth or historical reaction from this set alone. The market will mainly be looking for whether +39.5% revenue growth and +41.9% latest-quarter growth can coexist with better EPS momentum than the current -68.8% YoY TTM figure, whether margins stay near +73.5% gross and +13.3% operating, and whether demand from EDA and foundry-tool customers is translating into durable profit conversion.

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