8/103 sources · 3 publishersUpdated Oct 8, 15:29 UTC
Synopsys shares surge on AI partnerships, strong FY27 guidance and buyback plan
Synopsys announced AI collaborations with OpenAI and a multi‑year deal with Amazon, and issued FY27 guidance for about $11.15 billion in revenue and a 44 % operating margin. The company also disclosed a $1 billion share‑buyback program. The news sent the stock higher on October 1, 2026.
Why it matters
HSBC upgraded Synopsys to Buy with a $700 price target, indicating analysts expect the AI‑driven growth to boost earnings. The $1 billion buyback signals the company will return cash to shareholders, which can support the share price.
Key facts
- 1Synopsys reported trailing revenue of $7.05 billion. stockstotrade.com
- 2The company posted a gross margin of 72.4 %. stockstotrade.com
- 3EBITDA margin was north of 30 %. stockstotrade.com
- 4Synopsys guided FY27 revenue to about $11.15 billion, implying roughly 15 % growth. stockstotrade.com
- 5The firm announced a $1 billion share‑buyback program. tradingview.com
- 6HSBC upgraded Synopsys to Buy with a $700 target. stockstotrade.com
Open questions
- Stock price increase reported as 10.06 % (material 2), 9.91 % (material 3) and 2 % (material 1).
- Gross margin reported as 72.4 % (material 2) and roughly 72 % (material 3).
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.