Synopsys, Inc. (NASDAQ: SNPS) ended Monday’s regular session (December 15, 2025) slightly higher—but traded lower in after-hours dealing as investors weighed a volatile day in tech, fresh commentary around estimates and ratings, and a new wave of securities-law notices tied to an ongoing class-action process.
Below is what’s driving attention on Synopsys stock after the bell and what market participants may want on their checklist before the U.S. stock market opens Tuesday, December 16, 2025.
Synopsys stock price after the bell: the key numbers investors are watching
Regular session (Dec. 15):
- Closed: $454.67, up about 0.38% on the day. [1]
- Intraday range: roughly $453.63 to $470.44. [2]
- Volume: about 2.57 million shares. [3]
After-hours (as of ~7:52 p.m. ET):
- After-hours price: about $452.00, down $2.67 (-0.59%) from the regular-session close. [4]
The main takeaway: SNPS finished the day green, but gave back gains after-hours—a pattern that can happen in thinner liquidity, especially when broader tech sentiment is unsettled and headlines keep hitting the tape.
The market backdrop: why tech tone mattered for SNPS into the close
Monday’s session wasn’t just about company-specific news. U.S. stocks drifted lower as investors positioned for incoming economic data, with the Nasdaq down about 0.6%—a move that can disproportionately affect higher-multiple software and semiconductor-adjacent names like Synopsys. [5]
The same report flagged the market’s focus on Tuesday’s jobs data and additional inflation-related releases later in the week—inputs that can move Treasury yields and, by extension, valuations across growth and tech. [6]
That backdrop matters because Synopsys is often treated as both “semiconductor infrastructure” and “growth software”—meaning it can trade with chip demand optimism on good days and with duration-sensitive tech on risk-off days.
The big fundamental driver still in play: Synopsys’ Q4 earnings and FY2026 outlook
Even though Monday didn’t bring a new earnings release, Synopsys is still digesting its fiscal Q4 and full-year 2025 results and, more importantly, management’s forward targets.
From Synopsys’ most recent earnings release:
- Q4 FY2025 revenue:$2.255B (vs. $1.636B a year earlier), with Ansys contributing $667.7M in the quarter. [7]
- FY2025 revenue:$7.054B, up about 15% year over year, with Ansys contributing $756.6M for the year. [8]
- Backlog: management cited a $11.4B backlog. [9]
And for forward-looking targets (management guidance):
- Q1 FY2026 revenue target:$2.365B to $2.415B [10]
- FY2026 revenue target:$9.56B to $9.66B [11]
- Non-GAAP EPS target (Q1 FY2026):$3.52 to $3.58 [12]
- Non-GAAP EPS target (FY2026):$14.32 to $14.40 [13]
- FY2026 operating cash flow / free cash flow targets: approximately $2.2B and $1.9B, respectively. [14]
One nuance many investors watch closely: Synopsys noted these targets assume no further changes to export controls or “Entity List” restrictions—a reminder that geopolitics and compliance can still influence the risk profile for chip-tool ecosystems. [15]
Ansys integration remains a central “story stock” catalyst
Synopsys is no longer just an EDA and design-IP company in the market’s eyes; it’s now pitching a broader “silicon-to-systems” platform after closing the Ansys acquisition.
Key milestones and where things stand:
- Synopsys completed its acquisition of Ansys on July 17, 2025 (originally announced January 16, 2024). [16]
- U.S. antitrust remedies have been a major focus. The FTC finalized a consent order requiring divestitures to resolve concerns in several software tool markets. Under the FTC’s description, Synopsys must divest optical and photonic software tools, and Ansys must divest PowerArtist, with the assets going to Keysight Technologies. [17]
- Synopsys separately announced it received final approvals to proceed with divesting Optical Solutions Group and PowerArtist to Keysight and expected to complete those divestitures around October 17, 2025. [18]
Why this matters for Tuesday’s open: integration narratives can swing daily on any incremental datapoint—new customer wins, synergy commentary, regulator updates, or changes in how investors handicap cross-selling between EDA, simulation, and systems design.
Workforce restructuring: a margin and execution variable investors keep revisiting
Synopsys also disclosed a restructuring plan tied to post-Ansys integration. In a November 2025 Form 8-K, the company said its board approved a restructuring plan expected to result in the termination of about 10% of Synopsys’ workforce as of fiscal 2025 year-end, aiming to invest in growth opportunities and drive efficiencies. [19]
This theme matters because the market’s bull case increasingly depends on:
- successful Ansys integration, and
- margin expansion that matches the scale narrative.
Execution updates—positive or negative—can translate quickly into pre-market and after-hours moves.
The notable “today” headline risk: securities class action notices and deadline reminders
One of the most widely circulated Synopsys-related items dated Dec. 15 was not a new product announcement—it was a series of law-firm press releases reminding investors about a securities class action process.
For example, a PRNewswire-distributed release stated:
- A complaint alleges issues during a class period from Dec. 4, 2024 to Sept. 9, 2025 and highlights a lead plaintiff deadline of Dec. 30, 2025. [20]
- The release describes allegations that Synopsys’ increased focus on AI customers (requiring additional customization) deteriorated economics in its Design IP business and that certain statements were materially misleading—allegations that remain unproven and are part of the litigation process. [21]
Important context for readers: these items are attorney advertising / litigation notices, not admissions or rulings. Still, they can influence sentiment (and sometimes short-term trading), especially when repeated across multiple outlets on the same day. [22]
Forecasts and analyst perspectives: what the Street is signaling right now
1) Estimate-revision commentary (Dec. 15)
A Nasdaq-hosted Zacks note published Monday argued that earnings estimate revisions have been moving higher and highlighted its Zacks Rank view on the stock. [23]
Because methodologies vary, many investors treat this less as a “point forecast” and more as a sentiment/estimate trend indicator—especially when compared with management’s formal targets.
2) Recent rating and price-target changes
In the days around the earnings report, multiple firms adjusted views. A roundup of analyst actions cited moves including:
- Morgan Stanley raising a target to $550 (from $510)
- Needham raising a target to $580 (from $525)
- Rosenblatt maintaining Buy with a $560 target
- Wells Fargo raising a target to $520 (from $500) [24]
Separate reporting also noted Bank of America upgrading Synopsys to Neutral while trimming its target to $500. [25]
3) A “consensus snapshot” view
One widely referenced aggregator estimated Synopsys’ analyst consensus as “Strong Buy” with an average target around the mid-$500s (example: ~$566). [26]
Treat any single consensus number with caution (coverage lists differ), but the direction of travel is clear: many analysts still see upside—yet the stock is being repriced day-to-day based on integration execution and the market’s broader appetite for AI-linked software.
What to know before the stock market opens Tuesday (Dec. 16, 2025)
Here’s a practical pre-open checklist focused on the factors most likely to impact Synopsys stock (SNPS) at or shortly after the open:
- Track whether the after-hours dip holds into pre-market
- SNPS traded down after-hours to about $452 late Monday. Thin liquidity can exaggerate moves, so watch if volume expands pre-market or if the price snaps back toward the regular-session close. [27]
- Watch yields and the macro tape (jobs data in focus)
- Tuesday’s jobs-related release is a key near-term catalyst for growth/tech multiples. If yields jump, software and “long-duration” names can see pressure; if yields ease, tech often gets relief. [28]
- Know the current “headline buckets” that can hit at any time
- Keep management’s FY2026 targets front-and-center
- The stock is now trading against an outlook that includes $9.56B–$9.66B FY2026 revenue and $14.32–$14.40 FY2026 non-GAAP EPS—numbers that investors will keep stress-testing as new datapoints arrive. [31]
- Calendar item: the annual report timing
- Synopsys said it expects to file its FY2025 Form 10‑K on or before Dec. 30, 2025, which can matter for risk-factor language, acquisition accounting details, and integration commentary. [32]
- Simple trading levels many desks will reference
- Monday’s low-$450s area (roughly $453–$455) is an obvious near-term reference point, while the $470 area marks the day’s intraday high zone. [33]
These aren’t predictions—just the levels traders tend to anchor to going into the next session.
- Monday’s low-$450s area (roughly $453–$455) is an obvious near-term reference point, while the $470 area marks the day’s intraday high zone. [33]
Bottom line: why SNPS may stay active at Tuesday’s open
Synopsys stock is entering Tuesday’s session with three forces colliding:
- A big strategic narrative (Ansys integration + “silicon-to-systems” positioning)
- A clear numeric framework (FY2026 revenue/EPS targets now on the board) [34]
- Short-term headline noise (macro data sensitivity + litigation deadline reminders) [35]
References
1. finance.yahoo.com, 2. www.investing.com, 3. www.investing.com, 4. finance.yahoo.com, 5. apnews.com, 6. apnews.com, 7. investor.synopsys.com, 8. investor.synopsys.com, 9. investor.synopsys.com, 10. investor.synopsys.com, 11. investor.synopsys.com, 12. investor.synopsys.com, 13. investor.synopsys.com, 14. investor.synopsys.com, 15. investor.synopsys.com, 16. news.synopsys.com, 17. www.ftc.gov, 18. investor.synopsys.com, 19. www.sec.gov, 20. www.prnewswire.com, 21. www.prnewswire.com, 22. www.prnewswire.com, 23. www.nasdaq.com, 24. uk.investing.com, 25. www.gurufocus.com, 26. stockanalysis.com, 27. finance.yahoo.com, 28. apnews.com, 29. www.ftc.gov, 30. www.prnewswire.com, 31. investor.synopsys.com, 32. investor.synopsys.com, 33. www.investing.com, 34. investor.synopsys.com, 35. apnews.com
