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Synopsys (SNPS) ☆

equipment & EDA · Industry Index 17 (rank #25) · $490.19 (+1.70%) · mkt cap $93.9B

ⓘ Data freshness

price: as of 2026-10-29 index: as of 2026-10-29 fundamentals: latest filing 2026-08-26 Reports quarterly (10-Q XBRL)

Synopsys develops electronic design automation (EDA) software and semiconductor IP used to design chips.

Signal

signal: as of 2026-10-13

Short (~2 weeks)

16%
Low-confidence · Neutral
Conviction 16
  • News— Recent sentiment 0.46 vs 120d baseline 0.40 across 4 stories.[news][news][news]
  • Options positioning— Delayed per-contract options — call premium 88% / put 12% (net skew 0.76), unusualness 35/100. Context: Consumer Price Index in 1 day.[options]
  • Price momentum— Technical uptrend across short+medium horizon(s) — vote 0.61, confidence 0.60 from 11 indicator sub-signal(s).[price] · derived internally
  • Structural— Industry Index 17.8 (falling -0.6 over window) — structural headwind.[index] · derived internally

Medium (~3 months)

0%
Low-confidence · Neutral
Conviction 0
  • Growth trend— Revenue 42% YoY (accelerating), net margin expanding.[filing]
  • Price momentum— Technical uptrend across short+medium horizon(s) — vote 0.61, confidence 0.60 from 11 indicator sub-signal(s).[price] · derived internally
  • Smart money— 1 filer(s) accumulating, 3 trimming in 2026Q2 (value-weighted net -0.65).[holding][holding][holding][holding][holding]
  • Structural— Industry Index 17.8 (falling -0.6 over window) — structural headwind.[index] · derived internally

Long (~6 months)

45%
Bullish
Conviction 45
  • Growth trend— Revenue 42% YoY (accelerating), net margin expanding.[filing]
  • moat— Editorial prior (subjective, NOT backtested): wide moat / co_leader / moderate pricing ⇒ wider/leading long-horizon tilt 0.30. Bounded, low-confidence input.[moat: Editorial moat profile — synopsys — wide moat, co_leader, moderate pricing (as of 2025-12-22)]
  • Structural— Industry Index 17.8 (falling -0.6 over window) — structural headwind.[index] · derived internally

Show Details

Relationship network

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  • Amazon — customer
  • OpenAI — partner
  • Microsoft — partner
  • Cadence Design Systems — competitor
  • NVIDIA — partner

Key relationships

  • Amazon — customer · Synopsys supplies silicon IP and AI-powered engineering software for Amazon custom chips and AWS infrastructure under a multi-year agreement source: prnewswire.com
  • OpenAI — partner · Synopsys and OpenAI jointly develop GPT-Synopsys, a chip-design model, under a multi-year agreement with revenue sharing source: prnewswire.com
  • Microsoft — partner · Synopsys Cloud's EDA Software-as-a-Service solution was developed in partnership with Microsoft Azure. source: sec.gov
  • Cadence Design Systems — competitor · Synopsys identifies Cadence as a principal competitor in electronic design automation. source: sec.gov
  • NVIDIA — partner · Synopsys and NVIDIA (with TSMC) collaborate to bring NVIDIA's cuLitho computational-lithography platform into production. source: nvidianews.nvidia.com

Options positioning

delayed · aggregate: as of 2026-10-29
  • Call vs put volume: 1,686 calls · 1,459 puts — tilt +7.2% toward calls
  • Vol/OI turnover: 0.12×
  • Premium ($ notional proxy): $2.8M calls · $607262 puts — tilt +64.3% toward calls
  • OTM tilt: -15.1% toward OTM puts
  • IV skew (put − call): +33.8%