Touchstone
Last syncOct 31, 2026, 6:54 PM ET

SNPS

Synopsys Inc Information Technology Services-Prepackaged Software S&P 500Nasdaq-100Russell 3000
$467.61Close $87.0BMarket cap $367.70 – $534.5652-week range Dec 9, 2026Next report

Highlights

Strengths

  • Earnings growing EPS +89% year on year, faster than the quarter before (+185 pts)

Cautions

  • Not in an uptrend 3 of 8 trend conditions

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Oct 31, 2025 · filed Aug 26, 2026
Off 12-month high 13%
1wk up 8.7% price change
1mo up 7.5% price change
12-month return up 6% market up 11% · its own down 8%
F-score 3 / 9 Weak
Altman Z″ 2.63 Low risk
P/E 65.3× price / earnings
PEG — P/E / EPS growth
P/B 3.1× price / book
Earnings yield up 0.9% EBIT / enterprise value
Cheaper than 38% of the market · expensive
Revenue growth up 15% year on year
EPS growth up 89% latest quarter · +185 pts
Sales growth up 42% latest quarter · +0 pts
ROE up 7% return on equity
Free cash margin up 19% $1.3B FCF
D/E 0.48 long-term debt / equity
Net debt / EBITDA 6.7×
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • short-term liquidity weakened
  • issued more shares
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash

Trade setup

ATR% 4.2% $19.61 a day · 2×ATR $428.38
RS 58 / 99 vs the universe
Trend 3 / 8 trend template
Relative volume 1.2× vs 50-day average
Up/down volume 1.10 50 sessions
Implied move 14.1% by Dec 11, 2026 · report Dec 9, 2026
Trend template · 3 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: fails
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Heavily indebted Net debt is 6.7 times EBITDA — roughly 7 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Shareholders diluted The share count rose 20.7% over the year, from 154m to 186m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Gross margin narrowing Gross margin fell from 79.7% to 77.0%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 26, 2026
Results reaction Aug 26, 2026+13% vs market2 sessions after results
Options $5.5M51.5% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $7.1B +15% on FY2024
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $3.7B FY2021 · $4.2B FY2022 · $4.6B FY2023 · $5.3B FY2024 · $6.1B FY2025 · $7.1B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $1.3B -41% on FY2024
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $664.3M FY2021 · $757.5M FY2022 · $984.6M FY2023 · $1.2B FY2024 · $2.3B FY2025 · $1.3B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $1.3B +6% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $836.6M FY2021 · $1.4B FY2022 · $1.6B FY2023 · $1.5B FY2024 · $1.3B FY2025 · $1.3B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 77%
  • Net 19%
  • Free cash 19%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 78% · Net 18% · Free cash 23% FY2021 · Gross 80% · Net 18% · Free cash 33% FY2022 · Gross 81% · Net 21% · Free cash 35% FY2023 · Gross 81% · Net 23% · Free cash 28% FY2024 · Gross 80% · Net 37% · Free cash 21% FY2025 · Gross 77% · Net 19% · Free cash 19%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $10.6B net debt
  • Cash
  • Long-term debt
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $1.2B · Long-term debt $100.8M FY2021 · Cash $1.4B · Long-term debt $25.1M FY2022 · Cash $1.4B · Long-term debt $20.8M FY2023 · Cash $1.4B · Long-term debt $18.1M FY2024 · Cash $3.9B · Long-term debt $15.6M FY2025 · Cash $2.9B · Long-term debt $13.5B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 185.99m +21.9% since FY2020
185.99m 152.05m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 152.62m FY2021 · 153.06m FY2022 · 152.38m FY2023 · 152.05m FY2024 · 154.11m FY2025 · 185.99m
  FY2020Oct 31, 2020 FY2021Oct 31, 2021 FY2022Oct 31, 2022 FY2023Oct 31, 2023 FY2024Oct 31, 2024 FY2025Oct 31, 2025
Revenue $3.7B $4.2B $4.6B $5.3B $6.1B $7.1B
Gross margin 78% 80% 81% 81% 80% 77%
Operating income $620.1M $734.8M $1.1B $1.3B $1.4B $914.9M
Net income $664.3M $757.5M $984.6M $1.2B $2.3B $1.3B
Net margin 18% 18% 21% 23% 37% 19%
Earnings per share $4.27 $4.81 $6.29 $7.92 $14.51 $8.04
Free cash flow $836.6M $1.4B $1.6B $1.5B $1.3B $1.3B
Free cash margin 23% 33% 35% 28% 21% 19%
Cash $1.2B $1.4B $1.4B $1.4B $3.9B $2.9B
Long-term debt $100.8M $25.1M $20.8M $18.1M $15.6M $13.5B
Shareholders' equity $4.9B $5.3B $5.5B $6.1B $9.0B $28.3B
Shares outstanding 152.62m 153.06m 152.38m 152.05m 154.11m 185.99m

Next report

Dec 9, 2026

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±14.1% $406 – $540 by Dec 11, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±6.7% last 4: +13.7% · -10.1% · -3.3% · +2.4%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology Bigger than usual 2.1× the usual move

What options price now

Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
$423 – $524 ±10.6% by Nov 27, 2026
Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
About the same 51.5% priced · 47.7% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
About the same
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs more
Positioning
Premium traded
$5.5M calls $2.6M · puts $2.9M · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
1.12× -0.74 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls -2.31k · puts -4.66k past week

For options traders: ATM IV 51.5% (+5.6% 1w) · 1m ÷ 3m IV 0.99 · 25Δ skew 4.2 pts · Net GEX $15.6M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 26, 2026 Quarterly ↗ Jul 31, 2026 26d
May 27, 2026 Quarterly ↗ Apr 30, 2026 27d
Feb 25, 2026 Quarterly ↗ Jan 31, 2026 25d
Dec 22, 2025 Annual ↗ Oct 31, 2025 52d
Sep 9, 2025 Quarterly ↗ Jul 31, 2025 40d
May 28, 2025 Quarterly ↗ Apr 30, 2025 28d
Feb 26, 2025 Quarterly ↗ Jan 31, 2025 26d
Dec 19, 2024 Annual ↗ Oct 31, 2024 49d
Aug 23, 2024 Quarterly ↗ Jul 31, 2024 23d
May 24, 2024 Quarterly ↗ Apr 30, 2024 24d
Feb 23, 2024 Quarterly ↗ Jan 31, 2024 23d
Dec 12, 2023 Annual ↗ Oct 31, 2023 42d

Current reports

FiledDisclosed
Oct 5, 2026 Other events ↗
Aug 26, 2026 Results ↗
Aug 12, 2026 Director or officer change ↗
May 27, 2026 Material agreement · Director or officer change · Regulation FD ↗
May 27, 2026 Results ↗
Apr 20, 2026 Director or officer change · Shareholder vote ↗
Mar 2, 2026 Other events ↗
Feb 25, 2026 Results · Other events ↗
Feb 19, 2026 Director or officer change · Regulation FD ↗
Dec 10, 2025 Results ↗
Dec 1, 2025 Unregistered share sale · Regulation FD ↗
Nov 12, 2025 Restructuring ↗