Synopsys surged 8.8% to $474.28, leading the Nasdaq 100 after a strong Investor Day featuring partnerships with OpenAI and Amazon, and a raised earnings outlook. The company reported Q3 revenue of $2.48 billion, beating estimates, and raised its full-year EPS guidance to $15.04-$15.10. Analysts see a 25% upside with a price target of $594.34, driven by AI-driven growth and integration synergies with Ansys. Risks include export controls and debt, but Synopsys trades cheaper than rivals despite faster growth, suggesting potential for further gains.
Synopsys trades at USD 487.89 on Pluang as of Oct 03, 2026 01:11 WIB, down 0.54% on the day despite the article's note of an 8.8% surge. The stock holds a market cap of $94.01 billion and a 52-week high of $534.56, with Pluang order activity heavily weighted toward selling at 95%. Meanwhile, Amazon shares are priced at USD 250.73, up 1.01% on the day, showing contrasting investor sentiment in related tech sectors.
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...
Synopsys impressed Wall Street at its Investor Day, leading BofA and KeyBanc to raise price targets to $600 and $605 respectively, citing a strong growth outlook driven by AI demand. The company reported fiscal Q3 2026 revenue of $2.48 billion, beati...
Synopsys, Inc. is rated Strong Buy with a $771 price target due to its integration of agentic AI into its electronic design automation (EDA) platform and a strong outlook for growth in EDA and intellectual property (IP). The company’s Factory 2 model...
Synopsys has been upgraded to a buy rating due to its stable growth driven by AI and software. The company's acquisition of Ansys enhances its chip design lifecycle capabilities, supporting predictable revenue streams and accelerating growth. Managem...
Synopsys announced an updated long-term growth strategy driven by AI expansion, expecting 15% revenue growth in fiscal 2027 to about $11.15 billion. The company is expanding its silicon IP business and partnering with OpenAI to develop AI-powered chi...
