Synopsys shares jump 10% after fiscal 2027 outlook tops estimates and OpenAI, AWS deals disclosed
AI Market Summary
Synopsys raised FY2027 revenue and EPS guidance above consensus, set a ~15% FY2026–2030 revenue CAGR target, and announced a ~$1B buyback, reinforcing confidence in durable EDA demand tied to AI-driven chip complexity. New partnerships—a revenue-sharing model development deal with OpenAI and a >$1B multiyear IP licensing agreement with AWS—strengthen strategic positioning and visibility, supporting near-term sentiment for the stock.
Impact level
● Medium
Affected assets
NCSKSNPS2USD/USDT+12.11%
AI Insight · NCSKSNPS2USD/USDTAI Insight
▲ Bullish
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Synopsys projected fiscal 2027 revenue of $11.10 billion to $11.20 billion, above analysts’ average estimate of $10.81 billion. The chip-design software maker forecast fiscal 2027 earnings per share of $19.04 to $19.12, also ahead of expectations. The company disclosed partnerships with OpenAI and Amazon Web Services and said it plans to repurchase about $1 billion of shares. It also set a target of about 15% compound annual revenue growth from fiscal 2026 through fiscal 2030 and an adjusted operating margin of about 50% by fiscal 2030.
