SNPS · PEAD ↑ 54

Synopsys reported Q3 FY2026 EPS of $2.85 on 2026-08-26, beating the $2.66 consensus by $0.19 (+7.1%).

Print-day reaction was a muted +0.30% versus the prior close, suggesting the market absorbed the beat cautiously on the day of the report. The overnight gap to the T+1 open was a decisive +2.36%, signalling that after-hours and pre-market participants re-evaluated the beat more constructively. Days 1–3 then saw a sharp intraday surge followed by a partial give-back, leaving the T+1-to-T+3 drift at –5.44% as gains were trimmed. Nonetheless, the cumulative abnormal return of +7.39% versus SPY.US over the full three-day window clears the long threshold; the PEAD read holds through 2026-11-23.