NEW YORK, January 1, 2026, 17:06 ET — Market closed.
- U.S. markets are closed for New Year’s Day; Synopsys last closed down about 1% at $469.72. Reuters
- The stock has fallen for two straight sessions on light volume and sits about 28% below its 52-week high. MarketWatch
- Focus shifts to tech risk appetite, Fed rate expectations, and Synopsys’ early-January CES appearance. Reuters+1
Synopsys shares last closed down about 1% at $469.72 on Wednesday, with U.S. markets shut on Thursday for the New Year’s Day holiday. Reuters
The move matters because the chip-design software group is being pulled between two forces: continued spending tied to artificial intelligence hardware and a late-year wobble in big tech that has investors reassessing positioning into 2026. Reuters+1
Synopsys is a key supplier of electronic design automation (EDA) software — tools engineers use to design and verify chips before they are manufactured — and it competes closely with Cadence Design Systems and Siemens in that market, Reuters reported. Reuters
Wall Street ended 2025’s final session lower in thin holiday trading, with the S&P 500 down 0.74% and the Nasdaq off 0.76%, Reuters said. Reuters
“It’s just a healthy rebalancing of allocations more so than an emotionally driven sell-off (in tech),” Mark Hackett, chief market strategist at Nationwide, said. Reuters
For Synopsys, Wednesday’s decline marked a second straight drop, with volume around 1.2 million shares — roughly 1 million below its 50-day average — MarketWatch reported. MarketWatch
The stock is about 28% below its 52-week high of $651.73, reached on July 30, and it outperformed some tech and chip-related names that fell more sharply on the day, the report said. MarketWatch
Rival Cadence also ended lower by roughly 1% at its last close, underscoring the sector-wide tone into year-end.
Company-specific catalysts remain anchored in December’s updates. Synopsys said it beat fourth-quarter revenue estimates and posted adjusted — or non-GAAP — profit that strips out certain items such as stock-based compensation; Reuters reported revenue of $2.26 billion and adjusted profit of $2.90 per share. Reuters
Synopsys also forecast first-quarter revenue of $2.36 billion to $2.42 billion, Reuters said, after it completed its acquisition of simulation-software maker Ansys in July — a deal that broadened its footprint beyond chip design. Reuters+1
Before Friday’s reopening, investors will watch whether tech stabilizes after a late-December slide and whether rate expectations reassert themselves. The Fed meets Jan. 27-28, and investors expect the central bank to leave rates unchanged, Reuters reported. Reuters+1
On the near-term calendar, Synopsys is scheduled to exhibit at CES 2026 in Las Vegas from Jan. 6-9, highlighting automotive engineering and systems-to-silicon tools, the company said. Synopsys News Releases+1
Traders will also watch for signs that integration costs and restructuring actions stay contained after Synopsys said it planned layoffs of about 10% of its workforce, and for any demand read-through tied to AI-driven chip complexity as 2026 trading ramps up. Reuters+1
