Synopsys sets FY2030 targets of mid-teens growth and about 50% operating margin, with $1B buyback

Synopsys set multi-year targets through fiscal 2030 of mid-teens revenue growth and an operating margin of about 50%. It expects mid-20s growth in free cash flow and non-GAAP EPS, and plans to return up to 50% of free cash flow through buybacks. It intends to repurchase about $1 billion of stock over the coming months, subject to market conditions.

• Revenue CAGR about 15% (mid-teens) in the FY26 to FY30 period
• Design Automation 13%+ growth; Design IP 17%+ growth (targets)
• FY2030 operating margin about 50%
• Up to 50% of free cash flow returned via buybacks; about $1B planned