- Price
- $509.99 → $454.63(−10.9%)
- Discount
- 1.9% → 12.6%(+10.6 pts)
- LSEG rating
- 1.85 → 1.75(−0.10)
- Recent events
- 2026-10-08: Nikkei Asia reported that Synopsys wants to work with Chinese AI model makers to build AI versions of its chip design tools for Chinese customers. Synopsys said that it will work within US export controls on AI and chips. Synopsys named no partner and gave no dates or terms.
2026-10-05: Synopsys signed a $1 billion accelerated share repurchase agreement with JPMorgan Chase Bank. Synopsys receives about 1,735,000 shares at the start. Any remaining shares settle on or before January 5, 2027. This is the buyback of about $1 billion that Synopsys announced at its Investor Day.
2026-10-01: Synopsys stock rose about 13%, to $490.54, after the Investor Day. The fiscal 2027 guidance was above the analysts' consensus in LSEG data: revenue of $11.10 to $11.20 billion against $10.81 billion, and non-GAAP earnings per share of $19.04 to $19.12 against $17.81. BofA raised its price target to $600 from $500, and KeyBanc raised its target to $605 from $600.
2026-09-30: At its Investor Day, Synopsys gave a fiscal 2027 outlook: revenue of $11.10 to $11.20 billion, up about 15%, a non-GAAP operating margin of about 44%, and free cash flow of about $3.1 billion. Its long-term model targets revenue growth of about 15% each year and a non-GAAP operating margin of about 50% in fiscal 2030. Synopsys also plans to buy back about $1 billion of its shares and to return up to 50% of free cash flow.
2026-09-30: Synopsys announced a multi-year deal worth over $1 billion with Amazon Web Services. AWS will license Synopsys design IP and software for its custom chips. Synopsys also announced a partnership with OpenAI to build an AI model for chip design, called GPT-Synopsys.
2026-09-23: Synopsys and TSMC expanded their partnership. It adds agentic AI design workflows, certification of Synopsys tools for TSMC's A14 process, and support for multi-die systems.
2026-09-10: Wells Fargo upgraded Synopsys to Overweight from Equalweight and raised its price target to $475 from $450. It named the valuation gap to Cadence and the coming Investor Day. Morgan Stanley had upgraded Synopsys to Overweight on September 8 and kept its $500 price target. It named the Ansys integration and the recent fall in the stock price.
2026-08-26: Synopsys reported Q3 fiscal 2026 revenue of $2.48 billion, up about 42% from last year. Most of this growth came from Ansys, which was part of Synopsys for only part of Q3 fiscal 2025. Synopsys raised its full-year revenue guidance to $9.69 to $9.74 billion. On the same day, it raised its estimate of restructuring charges to $425 to $500 million.
2025-12-01: Nvidia bought about 4.8 million new Synopsys shares at $414.79 each, for $2 billion, as part of an expanded partnership to bring AI into chip design and engineering simulation tools.