Loading…
Loading…
Sentiment · FY2026 Q2
| Analyst | Firm | Questions | ChallengePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|---|
| Joe Vruwink | Robert W. Baird | 13 | 0% |
| Jay Vleeschhouwer | Griffin Securities | 12 | 33% |
| Jason Celino | KeyBanc Capital Markets | 12 | 25% |
| Siti Panigrahi | Mizuho Securities | 11 | 0% |
| Charles Shi | Needham | 11 | 27% |
| Joshua Tilton | Wolfe Research | 9 | 22% |
| Gary Mobley | Loop Capital | 7 | 0% |
| Lee Simpson | Morgan Stanley | 7 | 43% |
| Joe Quatrochi | Wells Fargo | 6 | 0% |
| Liam Pharr | Bank of America | 6 | 33% |
| Firm | Analysts | Questions | ChallengePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|---|
| Robert W. Baird | 1 | 13 | 0% |
| Griffin Securities | 1 | 12 | 33% |
| KeyBanc Capital Markets | 1 | 12 | 25% |
| Mizuho Securities |
| 1 |
| 11 |
| 0% |
| Needham | 1 | 11 | 27% |
| Wolfe Research | 1 | 9 | 22% |
| Bank of America | 2 | 9 | 33% |
| Loop Capital | 1 | 7 | 0% |
Synopsys delivered Q2 revenue of $2.276B including approximately $652M from Ansys, with organic ex-Ansys growth of approximately 3-4% driven by AI-related chip design activity and hardware-assisted verification demand. Non-GAAP operating margin reached 39.5% and non-GAAP EPS of $3.35 both exceeded guidance, reflecting disciplined cost synergy execution from the Ansys integration. Management raised full-year FY2026 guidance across all metrics, including non-GAAP EPS up $0.34 to $14.76 midpoint, operating margin up 50bps to 41%, and free cash flow up $100M to approximately $2B. The Design IP segment showed sequential recovery of 12% from its Q1 trough, with management signaling new higher-value business models with hyperscaler customers expected by year-end.
Revenue Growth | Demand | M&A | Regulation Policy | Competitive Dynamics | Cloud & AI | Innovation & R&D | Margin | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 3 | 2 | 1 | 3 | 1 | 3 | 2 | 1 |
| 2025Q1 | 3 | 10 | 4 | 2 | 4 | 2 | 1 | |
| 2025Q2 | 5 | 6 | 2 | 8 | 1 | 5 | 3 | |
| 2025Q3 | 7 | 2 | 7 | 1 | 6 | 2 | 2 | |
| 2025Q4 | 9 | 2 | 3 | 3 | 3 | 1 | 2 | 4 |
| 2026Q1 | 8 | 6 | 6 | 1 | 3 | 4 | 4 | 2 |
| 2026Q2 | 8 | 6 | 6 | 4 | 2 | 4 | 3 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | |
|---|---|---|---|---|---|---|---|
| Revenue Growth | 3 | 3 | 5 | 7 | 9 | 8 | 8 |
| Demand | 2 | 10 | 6 | 2 | 2 | 6 | 6 |
| M&A | 1 | 2 | 7 | 3 | 6 | 6 | |
| Regulation Policy | 3 | 4 | 8 | 1 | 3 | 1 | |
| Competitive Dynamics | 1 | 2 | 1 | 6 | 3 | 3 | 4 |
| Cloud & AI | 3 | 4 | 5 | 1 | 4 | 2 | |
| Innovation & R&D | 2 | 2 | 3 | 2 | 2 | 4 | 4 |
| Margin | 1 | 1 | 2 | 4 | 2 | 3 |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
SNPS Synopsys | 7 | +41.9% | |
| ADBE Adobe Inc. | 7 | +12.0% | |
| AKAM Akamai Technologies | 6 | +5.8% | |
| CPAY Corpay | 8 | +25.4% | |
| CRWD CrowdStrike | 9 | +23.3% | |
| FFIV F5, Inc. | 8 | +11.0% | |
| FTNT Fortinet | 10 | +20.1% | |
| GDDY GoDaddy | 7 | +6.1% | |
| GEN Gen Digital | 6 | +27.0% | |
| MSFT Microsoft Corporation | 8 | +18.3% | |
| NET Cloudflare, Inc. | 10 | +33.5% | |
| ORCL Oracle Corporation | 9 | +21.7% | |
| PANW Palo Alto Networks | 6 | +14.9% | |
| PLTR Palantir Technologies | 10 | +84.7% | |
| VRSN Verisign | 7 | +6.6% | |
| XYZ Block, Inc. | 8 | +4.9% | |
| ZS Zscaler | 9 | +25.4% |