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Synopsys posts record quarter but shares stay flat; analysts see 30% upside on AI growth and new deals.

Analyst Insights
09 Nov 2026, 19:03 WIB
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Bullish
Synopsys posts record quarter but shares stay flat; analysts see 30% upside on AI growth and new deals.

Synopsys reported a record fiscal third quarter with revenue up 42.4% to $2.48 billion and earnings beating estimates for the fourth straight time. Despite this, its stock price has remained flat this year, partly due to concerns over its $10 billion debt and export-control risks. The company is expanding its AI chip design business with new partnerships including OpenAI, Amazon, and TSMC, and is accelerating share buybacks. Analysts are optimistic, with a consensus price target around $600, suggesting nearly 30% upside, as Synopsys leverages AI-driven growth and synergies from its recent Ansys acquisition. Risks include debt levels and potential export restrictions, but overall the reward is seen to outweigh the risks if growth continues.

Synopsys shares are up 3.89% to USD 467.98 on Pluang, showing strong investor interest despite concerns about its debt. Amazon and Cadence Design Systems also gained, rising 3.69% and 4.78% respectively as of Nov 10, 2026 00:21 WIB.

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