Synopsys Surges to 20th in Daily Rankings with $22.62 Billion Trading Volume Despite 9.64% Stock Price Decline

On May 28, 2025, Synopsys recorded a trading volume of $22.62 billion, marking a significant 253.27% increase from the previous day. This surge placed Synopsys at the 20th position in the daily stock market rankings. However, the stock price of Synopsys (SNPS) experienced a decline of 9.64%.

Synopsys reported its financial results for the second quarter of fiscal year 2025, with revenue reaching $1.604 billion, a notable increase from $1.455 billion in the same period of the previous fiscal year. The company's earnings for the quarter were $345.3 million, with earnings per share (EPS) standing at $3.67, surpassing analyst estimates of $3.39. This performance reflects a 10% year-over-year increase in revenue, driven by strong demand in the design automation sector. The company's adjusted EPS for the quarter was $3.67, up from $3.00 year-over-year, indicating robust financial health and operational efficiency.

Synopsys's design automation revenue played a pivotal role in the company's overall performance, contributing significantly to the 10% year-over-year revenue growth. The company's ability to exceed earnings expectations and maintain strong revenue growth positions it favorably in the competitive electronic design automation software market.