SNPS
Synopsys, Inc.
October 1, 2026 · pre-market
- Rarity
- 2.56
- Peak move
- +13.86%
- Float cap
- $79.6B
Synopsys provides engineering solutions from silicon to systems, including electronic design automation software and hardware, semiconductor intellectual property, simulation and analysis, and design services. It serves chip and system engineers, software developers, and customers across industries such as AI, automotive, cloud computing, aerospace, defense, and consumer products. Its tools help design, verify, and validate integrated circuits and electronic systems.
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What we found
13 events · 0 from SEC or newswire · 0 timed with the moveanalyst_ratingBank of America analyst Vivek Arya maintained a Buy rating on Synopsys and raised his price target to $600 from $500, citing investor-day targets implying roughly a 23% pro forma EPS CAGR from fiscal 2026 to 2030.
analyst_ratingDeutsche Bank raised its price target on Synopsys to $640 from $590 and kept a Buy rating, citing the Amazon $1B-plus multi-year agreement, the new license-and-royalty model, and 15% fiscal 2027 revenue growth guidance.
analyst_ratingRosenblatt raised its price target on Synopsys to $620 from $575, maintaining a Buy rating, after the investor day partnership announcements with OpenAI and the AWS custom IP contract and above-consensus fiscal 2027 guidance.
analyst_ratingKeyBanc analyst Jason Celino raised the price target on Synopsys to $605 from $600 and maintained an Overweight rating, citing better-than-expected fiscal 2027 guidance, higher long-term EDA and IP growth targets, margin expansion, and the AWS and OpenAI partnerships.
analyst_ratingBNP Paribas issued a neutral rating on Synopsys shares.
analyst_ratingKeyCorp reiterated its Overweight rating on Synopsys on October 1, 2026.
analyst_ratingWells Fargo & Company reiterated its Overweight rating on Synopsys on October 1, 2026.
- Key event
guidance_changeAt its 2026 Investor Day, Synopsys guided fiscal 2027 revenue to about $11.15 billion at the midpoint, roughly 15% growth above the 11.19% consensus, with non-GAAP EPS of $19.04-$19.12 and a ~44% non-GAAP operating margin, and set FY2030 targets of mid-teens growth and ~50% margin.
- Key event
major_contractSynopsys and OpenAI signed a multi-year agreement as preferred partners to jointly develop and deliver GPT-Synopsys, a specialized model for chip design using Synopsys EDA tools, under a revenue-sharing arrangement with OpenAI paying a training subscription fee.
- Key event
major_contractSynopsys announced a multi-year agreement worth more than $1 billion with Amazon Web Services, making AWS the lead customer for its application-optimized silicon IP, expanding AWS use of Synopsys EDA, simulation and agentic AI tools for Graviton and Trainium chips, and moving the IP unit to a license-plus-royalty model.
investor_daySynopsys held its 2026 Investor Day in New York City on Sept. 30, detailing its growth strategy and long-term financial targets as a silicon-to-systems engineering leader, including double-digit revenue growth, mid-40s non-GAAP operating margins and high-teens non-GAAP EPS growth, citing its engineering solutions portfolio and AI-driven engineering demand; it laid out a long-term financial model through fiscal 2030 including mid-teens revenue growth, ~50% non-GAAP operating margin, fiscal 2027 operating cash flow of about $3.6 billion and capital spending of $500 million.
buybackSynopsys said it intends to repurchase approximately $1 billion of its shares over the coming months, representing up to 50% of free cash flow returned to shareholders, subject to market conditions.
analyst_ratingHSBC analyst Frank Lee upgraded Synopsys to Buy from Hold and raised his price target to $700 from $490, citing a shift to design-IP royalties and AI-driven growth and projecting fiscal 2027 EPS of $20.01.