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Synopsys shares jump 10% on strong growth outlook, OpenAI deal
Ali Khan•October 2, 2026• 1 min read
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Tech CoverageAman-e-Pakistan Digital Desk
Key Story Executive Summary
Quick Read“Synopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts’ estimates and announced deals with OpenAI and Amazon Web Services. Sy…”
Synopsys forecast fiscal 2027 revenue of $11.10 billion to $11.20 billion, above analysts’ average estimate of $10.81 billion, while adjusted earnings per share of $19.04 to $19.12 also topped the $17.81 estimate.
The company plans to buy back about $1 billion of shares and targets roughly 15% compound annual revenue growth from fiscal 2026 through 2030, with an adjusted operating margin of about 50% by fiscal 2030.
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