Synopsys unveils $1 billion‑plus Amazon IP deal, OpenAI partnership and FY27 guidance above estimates
Synopsys held its Investor Day on September 30, 2026 and announced a multi‑year agreement with Amazon Web Services to license application‑optimized silicon IP worth more than $1 billion, plus a partnership with OpenAI to develop a GPT‑Synopsys chip‑design model. The company also raised its fiscal 2027 revenue outlook to $11.10‑$11.20 billion and EPS to $19.04‑$19.12, and disclosed a $1 billion share‑repurchase program.
Why it matters
The higher‑than‑expected guidance suggests stronger revenue growth and profitability, which could lift the stock price, as reflected by analysts’ mean target of $553. The Amazon and OpenAI deals create new royalty‑ and revenue‑share streams that may diversify Synopsys’ earnings beyond traditional license fees.
Key facts
- 1Synopsys announced a multi‑year Amazon Web Services agreement valued at more than $1 billion. investing.com
- 2Synopsys announced a partnership with OpenAI to develop a GPT‑Synopsys chip‑design model. investing.com
- 3Fiscal 2027 revenue guidance was set to $11.10 billion‑$11.20 billion, about 15% above consensus of $10.81 billion. tikr.com
- 4Fiscal 2027 non‑GAAP EPS guidance was $19.04‑$19.12, beating consensus of $17.81. tikr.com
- 5Synopsys announced a $1 billion share‑repurchase program. tikr.com
- 6Analysts’ mean price target after the announcements is $553, roughly 13% above the closing price of $491. tikr.com
Summary written by AlphAI from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.