SNPS shares rallied on Thursday after upbeat Q3 results. Analysts maintain Buy ratings on strength in Ansys acquisition, AI.

Synopsys posted Q3 2026 revenue of $2.48 billion, up 42% year-over-year, and raised full-year guidance as AI-driven chip design demand

Synopsys reported strong third-quarter results, with revenue up 42%, AI-driven demand accelerating and FY2026 revenue and EPS guidance raised.