Electronic design automation (EDA) company Synopsys (NASDAQ: SNPS) is coming off one of its strongest stretches of 2026, with shares up 30% over the past month.
The company’s recently announced deal with Amazon.com (NASDAQ: AMZN) and partnership with OpenAI were two key catalysts for the stock. After revealing these engagements, Synopsys’s management team substantially increased its long-term guidance, anticipating higher growth and greater margin expansion.
