SNPS
Synopsys Inc. Technology - EDA Software Investor Relations →
Synopsys Inc. (SNPS) closed at $426.88 as of 2026-02-02, trading 6.3% below its 200-week moving average of $455.64. This places SNPS in the deep value zone. The stock is currently moving closer to the line, down from 2.2% last week. The 14-week RSI sits at 46, indicating neutral momentum.
Over the past 1723 weeks of data, SNPS has crossed below its 200-week moving average 33 times. On average, these episodes lasted 10 weeks. Historically, investors who bought SNPS at the start of these episodes saw an average one-year return of +31.2%.
With a market cap of $81.7 billion, SNPS is a large-cap stock. The company generates a free cash flow yield of 2.7%. Return on equity stands at 7.2%. The stock trades at 2.8x book value.
Share count has increased 22.1% over three years, indicating dilution.
Over the past 33.1 years, a hypothetical investment of $100 in SNPS would have grown to $5336, compared to $2819 for the S&P 500. That represents an annualized return of 12.8% vs 10.6% for the index — confirming SNPS as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -5.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: SNPS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After SNPS Crosses Below the Line?
Across 32 historical episodes, buying SNPS when it crossed below its 200-week moving average produced an average return of +31.1% after 12 months (median +34.0%), compared to +7.9% for the S&P 500 over the same periods. 79% of those episodes were profitable after one year. After 24 months, the average return was +37.6% vs +20.4% for the index.
Each line shows $100 invested at the moment SNPS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
SNPS has crossed below its 200-week MA 33 times with an average 1-year return of +31.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1993 | Mar 1993 | 2 | 11.2% | +42.0% | +5813.5% |
| Apr 1994 | Apr 1994 | 1 | 2.4% | +42.4% | +4643.1% |
| Jun 1994 | Jun 1994 | 1 | 2.7% | +69.8% | +4643.1% |
| Jul 1994 | Jul 1994 | 1 | 1.4% | +75.3% | +4578.1% |
| Aug 1994 | Aug 1994 | 1 | 1.2% | +63.8% | +4562.2% |
| Mar 1997 | Apr 1997 | 5 | 15.3% | +24.2% | +3137.0% |
| Jan 1998 | Jan 1998 | 1 | 2.4% | +78.9% | +2621.1% |
| Jan 1998 | Feb 1998 | 1 | 4.2% | +87.7% | +2659.6% |
| Mar 1998 | Apr 1998 | 5 | 8.5% | +45.3% | +2568.0% |
| Aug 1998 | Oct 1998 | 8 | 16.3% | +78.5% | +2568.0% |
| Jan 2000 | Jan 2000 | 1 | 0.5% | +19.4% | +1869.7% |
| Feb 2000 | Mar 2000 | 4 | 14.2% | +39.8% | +2172.9% |
| Apr 2000 | May 2000 | 7 | 10.0% | +35.0% | +2064.8% |
| Jun 2000 | Dec 2000 | 27 | 29.6% | +25.6% | +1857.0% |
| Jul 2001 | Jul 2001 | 1 | 1.0% | +19.2% | +1782.2% |
| Aug 2001 | Oct 2001 | 7 | 19.9% | -6.5% | +1750.4% |
| Feb 2002 | Feb 2002 | 1 | 3.2% | -11.5% | +1735.6% |
| Apr 2002 | May 2002 | 2 | 13.8% | +3.5% | +1772.3% |
| Jul 2002 | Nov 2002 | 18 | 29.2% | +41.9% | +1779.7% |
| Dec 2002 | Apr 2003 | 21 | 23.7% | +34.7% | +1781.8% |
| Jul 2004 | Nov 2006 | 124 | 43.0% | -28.1% | +1613.0% |
| Mar 2008 | Mar 2008 | 1 | 0.0% | -10.7% | +1860.0% |
| Aug 2008 | Sep 2009 | 56 | 31.3% | -2.7% | +1855.5% |
| Sep 2009 | Oct 2009 | 1 | 2.5% | +13.7% | +1849.2% |
| Oct 2009 | Nov 2009 | 1 | 2.2% | +16.2% | +1838.6% |
| Nov 2009 | Apr 2010 | 19 | 9.1% | +14.5% | +1803.2% |
| May 2010 | Aug 2010 | 15 | 10.1% | +25.8% | +1901.3% |
| Aug 2011 | Aug 2011 | 2 | 2.1% | +35.5% | +1793.9% |
| Mar 2025 | Apr 2025 | 3 | 6.8% | N/A | +10.0% |
| Sep 2025 | Sep 2025 | 1 | 3.7% | N/A | +0.3% |
| Oct 2025 | Oct 2025 | 1 | 1.2% | N/A | -2.7% |
| Nov 2025 | Dec 2025 | 4 | 13.0% | N/A | +8.5% |
| Feb 2026 | Ongoing | 1+ | 6.3% | Ongoing | N/A |
| Average | 10 | — | +31.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02