Synopsys Inc. has raised its fiscal year 2027 guidance above analyst expectations and announced a $1 billion share repurchase program. The company sees strong long-term growth opportunities fueled by AI advancements and a recovering Design IP segment, which is showing double-digit growth and profit potential. Despite concerns about AI's impact on the EDA market, Synopsys expects robust operational performance and margin expansion, with a bullish price target range of $520 to $595 by FY27. Integration with Ansys is also progressing ahead of schedule, supporting positive outlooks.
Synopsys (SNPS) trades at USD 463.75 on Pluang as of Nov 13, 2026 21:02 WIB, close to its 52-week high of USD 534.56. The stock shows a modest 1-day gain of 0.23% with a market cap of $88.67 billion and a strong buy interest at 68% of order activity. This trading activity aligns with the company’s optimistic outlook and share repurchase plans highlighted in the news.
