Synopsys (SNPS): $1 Billion Accelerated Buyback Draws Attention
Why it is trending
Synopsys entered a $1 billion accelerated share repurchase agreement with JPMorgan Chase. The company expects an initial delivery of approximately 1.735 million shares, with the final share count determined by trading prices during the repurchase period, less a discount. The agreement commits capital toward reducing outstanding shares, while final settlement remains ahead.
Sector
Technology and electronic design automation. Synopsys supplies chip-design and verification software, semiconductor intellectual property, and engineering simulation tools.
Recent earnings
For fiscal Q3 2026, ended July 31, Synopsys reported revenue of $2.477 billion versus $1.740 billion a year earlier. GAAP diluted earnings were $2.84 per share, while non-GAAP earnings were $3.91. The Ansys acquisition affects year-over-year comparability.
Management’s August outlook projected fiscal 2026 revenue of $9.690–$9.740 billion and non-GAAP earnings of $15.04–$15.10 per share. At its September investor day, the company introduced fiscal 2027 guidance of $11.100–$11.200 billion in revenue and non-GAAP earnings of $19.04–$19.12 per share. Both ranges are forecasts for their respective fiscal years.
ATA Auto Trend Indicator Review
Synopsys’s current small green daily dots and larger green weekly dots show aligned BUY signals. The weekly timeframe represents the dominant trend. Both current bars are still forming, so these signals can change. The last completed daily signal was BUY, while the last completed weekly signal was SELL. Earlier black dots are historical SELL signals.
Our proprietary ATA Auto Trend Indicator makes these signals easy to follow: small dots track daily buys and sells, while larger dots track weekly buys and sells. Green means buy; black means sell. The weekly timeframe represents the dominant trend. This clear visual approach helps you compare daily and weekly signals and support a more disciplined trading process.
WE PREPARE FOR THE NEXT MOVE RATHER THAN PREDICT IT.
Wednesday October 07, 2026