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Synopsys said it will report fourth quarter and full-year fiscal 2026 results after the market closes on December 8. The stock is down 5% on the day at $440.45.
Synopsys announced plans to release its fourth quarter and full-year fiscal 2026 results after the market closes on Tuesday, December 8. The company directly shared this update. Synopsys operates in the software infrastructure space, with 28,000 employees and a market value approaching $97.73 billion on trailing revenue of $9.41 billion.
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Shares of Synopsys opened the session with a sharp gap down from $463.79 to $447.28. Price is currently sitting right at resistance from the MA-50 at $441.34. Shares continue to trade below the MA-20, MA-50, and MA-200, which keeps the daily chart in a bearish structure.
Traders should watch for a close above $441.34 to determine if buyers are willing to follow through on this area. The session began with a gap down from the previous close of $463.79 to $447.28. Over the coming trading week, there is a 72% probability of an upside move and a 28% probability of a downside move, with an expected trading range between $430.3 and $450.59. Even so, the past week has shown a contained move within a narrow range. A close above $441.34 would confirm acceptance, while a drop below the recent range would show the move is being faded. On the weekly chart, the longer-term picture stays constructive.
Earlier, analysts noted that Synopsys was experiencing mixed momentum amid longer-term technical support but continued near-term selling pressure. The current setup reinforces the importance of a decisive break above $441.34 or below the recent range, with traders watching for fresh direction as earnings approach.