Synopsys Targets $11.15 Billion Revenue by 2027 Driven by AI Strategy

Key Facts

1Synopsys projects 15% revenue growth to reach $11.15 billion by fiscal year 2027.

2The company plans to repurchase approximately $1 billion of its shares, demonstrating confidence in financial performance.

3Synopsys partnered with OpenAI to develop GPT-Synopsys for chip design.

Synopsys projects revenue growth of 15% to reach $11.15 billion by fiscal year 2027, according to ET Datacenters. The company announced plans to repurchase approximately $1 billion of its shares, demonstrating confidence in its financial trajectory. Furthermore, Synopsys has partnered with OpenAI to develop GPT-Synopsys, a specialized model designed to optimize chip design processes using generative AI.

These targets arrive as the company expands its Silicon IP business to leverage surging demand for AI infrastructure. Regarding market performance, SNPS closed at $489.90 on October 2, 2026, having reached a day high of $500.03 and a low of $483.24 during that session.