Synopsys lifts FY27 guidance, announces $1B buyback with AI partnerships
Oct 1, 2026, 8:37 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Strong beat on both earnings and revenue, plus long-term margin targets and a sizable buyback; strategic AI partnerships with OpenAI and Amazon introduce new revenue streams and product adoption, creating multiple near-term catalysts and potential revisions to growth assumptions.
AI summary
What happened, with direct paths to the underlying reporting
Synopsys surpassed expectations with FY27 guidance of $11.1–$11.2B revenue and $19.04–$19.12 adj EPS, above consensus. The company also outlined a 2030 framework targeting roughly 15% annual revenue growth and a 50% operating margin, coupled with a $1B share repurchase. Strategic ties with OpenAI and Amazon bolster AI-enabled chip design and IP licensing initiatives.
FY27 revenue guided at $11.1B-$11.2B vs $10.73B consensus.
Long-term framework targets mid-teens revenue growth and ~50% operating margin by 2030.
Plan to buy back about $1B of shares in coming months.
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