8/105 sources · 4 publishersUpdated Oct 8, 15:40 UTC
Synopsys lifts FY27 outlook after multi‑billion‑dollar AI deals with Amazon and OpenAI
Synopsys announced a multi‑year $1 billion+ intellectual‑property and tools agreement with Amazon and a strategic partnership with OpenAI to develop the GPT‑Synopsys model. The company raised its FY27 revenue guidance to $11 billion‑$11.2 billion and non‑GAAP EPS guidance to $19.04‑$19.12, implying about 15% top‑line growth. The news sent the stock up roughly 12.8% to $490.54 on October 1, 2026.
Why it matters
The upgraded revenue and earnings outlook, together with the Amazon and OpenAI contracts, give investors a clearer growth path and may support a higher valuation, as reflected in the stock’s 12.8% jump.
Key facts
- 1Synopsys shares rose 12.78% to close at $490.54 on October 1, 2026. finance.yahoo.com
- 2The company secured a $1 billion multi‑year deal with Amazon. finance.yahoo.com
- 3Synopsys signed a multi‑year agreement with OpenAI to develop the GPT‑Synopsys model. finance.yahoo.com
- 4FY27 revenue guidance was raised to $11 billion‑$11.2 billion. finance.yahoo.com
- 5FY27 non‑GAAP EPS guidance was set at $19.04‑$19.12. finance.yahoo.com
- 6Management indicated roughly 15% revenue growth for FY27. timothysykes.com
Summary written by AlphAI from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.