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Home/News Feed/Synopsys sees 42% revenue jump in Q2, boosted by Ansys deal and AI optimism

SNPS

$386.38

+$2.56 +0.67%

Synopsys sees 42% revenue jump in Q2, boosted by Ansys deal and AI optimism

Company Fundamentals

28 Jul 2026

Seeking Alpha

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Bullish

Synopsys, Inc. reported a 42% year-over-year revenue increase in Q2 to $2.28 billion, largely driven by its acquisition of Ansys. While organic growth remains modest, especially in Design IP, the company benefits from positive AI-driven catalysts and strategic alliances, including the Open Secure AI Alliance led by Nvidia. Despite some integration risks, Synopsys's stock is considered fairly valued with projected annual EPS growth over 20%, supporting a gradual buy strategy for investors.

More News (SNPS)

Synopsys rated Buy at $389 on Ansys deal and chip lifecycle growth potential.

Synopsys is rated Buy with a target price of $389, driven by its strategic acquisition of Ansys and its plan to monetize multiple stages of the chip lifecycle. The company aims to increase revenue per chip through integrated design and simulation, cu...

Analyst Insights

Bullish

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