SNPS · PEAD ↑ 74

Synopsys reported Q2 FY2026 results on 2026-05-20; consensus EPS was $3.09 (actual not yet in our feed).

Print-day reaction was +1.0% versus the prior close of $493.87, a modest initial move that left price above the open-gap low. The overnight gap to the T+1 open faded −1.5%, suggesting some after-hours hesitation before the market reassessed the report. Days 1–3 told a different story: price drifted +6.1% from the T+1 close, a strong continuation that dwarfed the initial print-day move. Cumulative abnormal return of +5.9% versus SPY.US firmly clears the long threshold; the PEAD read holds through the window ending 2026-08-17.