Synopsys Forecasts 15% Revenue Growth and Plans $1 Billion Buyback
Synopsys expects fiscal 2027 revenue to grow about 15% to $11.15 billion at the midpoint of its forecast, the company said in a press release. Its guidance covers a revenue range of $11.1 billion to $11.2 billion.
The chip design software company forecasts an adjusted operating margin of about 44%, adjusted earnings of $19.04 to $19.12 per share, and free cash flow of approximately $3.1 billion for fiscal 2027.
Synopsys also plans to repurchase approximately $1 billion of shares over the coming months, subject to market conditions. Through fiscal 2030, it targets annual revenue growth of about 15%, an adjusted operating margin of roughly 50%, and the return of up to 50% of free cash flow through share repurchases.
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