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Sunnyvale, California-based Synopsys, Inc. (SNPS) provides electronic design automation (EDA) software products used to design and test integrated circuits. With a market cap of $98.8 billion, the company provides design technologies to creators of advanced integrated circuits, electronic systems, and systems on a chip. The global leader in EDA is expected to announce its fiscal first-quarter earnings for 2026 in the near term.
Ahead of the event, analysts expect SNPS to report a profit of $2.43 per share on a diluted basis, up 8% from $2.25 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
