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Synopsys sees strong Q3 revenue growth and plans major buybacks after Ansys acquisition expands its market.

Analyst Insights
02 Oct 2026
Seeking Alpha
View Source
Bullish
Synopsys sees strong Q3 revenue growth and plans major buybacks after Ansys acquisition expands its market.

Synopsys reported a strong Q3 FY26 with revenue reaching $2.477 billion, driven mainly by its Design Automation segment which accounts for over 80% of sales. The company’s non-GAAP EPS rose to $3.91. The recent acquisition of Ansys allows Synopsys to expand beyond traditional electronic design automation into system-level modeling and multiphysics technology, positioning it for long-term growth. Management targets $11.15 billion in revenue for FY27 with double-digit growth and plans to use up to 50% of free cash flow for share buybacks, signaling confidence in future performance.

As of Oct 02, 2026 12:01 WIB, Synopsys (SNPS) trades at USD 493.01 on Pluang, up 0.50% for the day and closer to its 52-week high of USD 534.56 than its low of USD 367.70. The stock’s market cap stands at $83.35 billion, reflecting strong investor confidence amid its growth story. Typical holding time on Pluang is 72 days, with a higher proportion of sell orders (63%) compared to buys (37%).

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