HSBC upgraded Synopsys from hold to buy, raising its price target to $700, citing a shift to a royalty-based business model that could boost earnings growth to 28% annually through 2028. This change positions Synopsys as a key AI growth player, with strong revenue gains and strategic partnerships, including one with TSMC. Despite risks like export controls and high debt, the upgrade reflects optimism about Synopsys' future earnings and market re-rating potential.
Synopsys holds a market cap of $81.43 billion and an enterprise value of $88.66 billion as of September 25, 2026, 21:34 WIB. On Pluang, the stock trades at $429.14 with a 1-day gain of 1.00%, while order activity is predominantly sell at 97%. This trading context provides a backdrop to HSBC's recent upgrade and optimistic earnings outlook for Synopsys.
Synopsys and TSMC announced new collaborations to accelerate the development of next-generation AI and high-performance computing (HPC) chips. Their innovations include AI-powered electronic design automation (EDA) flows, multi-die design support, an...
Synopsys is benefiting from rising chip design complexity driven by AI and advanced technologies, with Q3 FY2026 revenue up 42.4% year-over-year to $2.48 billion. The company raised its full-year revenue and earnings guidance, reflecting strong deman...
