Synopsys, a leader in silicon-to-systems engineering solutions, announced a $1 billion accelerated share repurchase (ASR) agreement with JPMorgan Chase. Under the deal, Synopsys will initially receive about 1.735 million shares, with the remainder settled by January 5, 2027. The total shares repurchased will depend on the average share price during the repurchase period, less a discount. This move aims to enhance shareholder value by reducing outstanding shares and signals confidence in the company's future prospects.
As of Oct 05, 2026 20:13 WIB, Synopsys shares trade at USD 495.00 on Pluang, showing a 1.04% increase over the past day. The company holds a market capitalization of $83.35 billion and an enterprise value of $90.58 billion. This share repurchase announcement aligns with the stock's positive momentum and substantial trading volume of 3,327,855 shares.
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...
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...
