What's Going On With Synopsys Shares Thursday?
Synopsys Inc. (NASDAQ: SNPS ) shares are trading higher Thursday after the company issued fiscal-year 2027 financial guidance above estimates. Synopsys stock is building positive momentum. What’s driving SNPS shares up? FY27 Financial Guidance Synopsys issued financial guidance for fiscal year 2027 and a comprehensive multi-year financial framework through fiscal year 2030. Synopsys expects fiscal-year 2027 GAAP earnings in the range of $8.16 to $8.61 per share, and adjusted earnings per share of $19.04 to $19.12, above the consensus estimate of $17.32. The company also sees fiscal-year 2027 revenue of $11.100 billion to $11.200 billion, exceeding the consensus estimate of $10.730 billion. The company outlined a long-term financial framework for fiscal 2026 through fiscal 2030, targeting mid-teens annual revenue growth of about 15%, a fiscal 2030 operating margin of around 50%, and free cash flow growth in the mid-20% range. Synopsys Plans $1 Billion Share Buyback The company also plans to repurchase about $1 billion of its shares in the coming months, subject to market conditions, signaling confidence in its long-term cash generation. Shelagh Glaser, Synopsys CFO, said, “Our updat
Story updates
Synopsys Inc. (NASDAQ: SNPS ) shares are trading higher Thursday after the company issued fiscal-year 2027 financial guidance above estimates. Synopsys stock is building positive momentum. What’s driving SNPS shares up?
FY27 Financial Guidance Synopsys issued financial guidance for fiscal year 2027 and a comprehensive multi-year financial framework through fiscal year 2030. 32. 730 billion. The company outlined a long-term financial framework for fiscal 2026 through fiscal 2030, targeting mid-teens annual revenue growth of about 15%, a fiscal 2030 operating margin of around 50%, and free cash flow growth in the mid-20% range.
Synopsys Plans $1 Billion Share Buyback The company also plans to repurchase about $1 billion of its shares in the coming months, subject to market conditions, signaling confidence in its long-term cash generation. Shelagh Glaser, Synopsys CFO, said, “Our updated financial framework reflects confidence in both our growth trajectory and our ability to scale efficiently while helping customers re-engineer their engineering to accelerate AI-powered products. com, Inc. (NASDAQ: AMZN ).
Synopsys and OpenAI signed a multi-year agreement to jointly develop GPT-Synopsys, a specialized AI model optimized to use Synopsys’ electronic design automation tools for semiconductor design workflows. OpenAI will license Synopsys’ EDA tools to help develop the model, with the two companies collaborating on research and development alongside joint go-to-market initiatives under a shared revenue-sharing framework. “The future of semiconductor engineering requires dramatic acceleration of the chip design process without compromising PPA or first-time-right silicon,” said Sassine Ghazi, President and CEO of Synopsys.
” Synopsys Lands $1B-Plus Deal With Amazon Synopsys also announced a multi-year agreement worth more than $1 billion with Amazon to accelerate the engineering of Amazon’s custom chips and AWS infrastructure using Synopsys’ silicon IP and AI-powered engineering software. The deal marks an expansion of Synopsys’ silicon IP business toward a license-plus-royalty model as production volumes grow, with Amazon serving as the lead customer for application-optimized IP. 00, according to data Pro. Image via Shutterstock