Synopsys targets 15% revenue growth and plans roughly $1 billion in buybacks

Synopsys ($SNPS) set fiscal 2027 revenue guidance at $11.1–$11.2 billion, implying approximately 15% growth at the midpoint, and forecast adjusted EPS of $19.04–$19.12. The chip-design software company also outlined an intention to repurchase around $1 billion of shares over the coming months, subject to market conditions, while retaining funding for business investment.

Its longer-term framework targets about 15% annual revenue growth through fiscal 2030 and an adjusted operating margin near 50% in that year. Synopsys also announced a preferred partnership with OpenAI to develop GPT-Synopsys for chip-design workflows. The combined disclosures expand its growth and capital-allocation commitments, but the financial figures are targets rather than achieved results. Planned repurchases may change, and the specialized AI model still requires development and commercialization.

Sources:

• Company release via PR Newswire