EXPLAINED: Synopsys stock is wall street bullish or bearish | Rare Historical Photos

Sunnyvale, California-based Synopsys, Inc. (SNPS) provides electronic design automation (EDA) software products used to design and test integrated circuits. With a market cap of $96.5 billion, the company provides design technologies to creators of advanced integrated circuits, electronic systems, and systems on a chip.

Shares of this global leader in EDA have underperformed the broader market over the past year. SNPS has gained marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.4%. In 2026, SNPS’ stock rose 8%, compared to the SPX’s 8.8% rise on a YTD basis.