Based on ratings from 15 stock analysts, the Synaptics Inc stock price is expected to increase by 23.58% in 12 months. This is calculated by using the average 12-month stock price forecast for Synaptics Inc. The lowest target is $80 and the highest is $130. Please note analyst price targets are not guaranteed and could be missed completely.
About 15 Wall Street analysts have assignedSYNA 7 buy ratings, 6 hold ratings, and 2 sell ratings. This means that analysts expect Synaptics Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SYNA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SYNA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kevin Cassidy Rosenblatt | Buy | $92 | Maintains | Nov 8, 2024 |
Quinn Bolton Needham | Buy | $90 | Maintains | Nov 8, 2024 |
Kevin Cassidy Rosenblatt | Buy | $130 | Maintains | Oct 31, 2024 |
Christopher Rolland Susquehanna | Positive | $95 | Maintains | Oct 21, 2024 |
John Vinh Keybanc | Sector Weight | Downgrade | Oct 8, 2024 | |
Quinn Bolton Needham | Buy | $95 | Maintains | Aug 9, 2024 |
Anthony Stoss Craig-Hallum | Hold | $80 | Maintains | Aug 9, 2024 |
Peter Peng JP Morgan | Overweight | $100 | Maintains | Aug 9, 2024 |
John Vinh Keybanc | Overweight | $100 | Maintains | Aug 9, 2024 |
Krish Sankar TD Cowen | Buy | $90 | Maintains | Aug 9, 2024 |
Karl Ackerman TD Cowen | Buy | $115 | Maintains | May 10, 2024 |
John Vinh Keybanc | Overweight | $115 | Maintains | May 10, 2024 |
Gary Mobley Wells Fargo | Equal-Weight | $95 | Maintains | May 10, 2024 |
Quinn Bolton Needham | Buy | $110 | Maintains | May 10, 2024 |
Anthony Stoss Craig-Hallum | Hold | $105 | Downgrade | Feb 9, 2024 |
Quinn Bolton Needham | Buy | $125 | Maintains | Feb 9, 2024 |
Vijay Rakesh Mizuho | Buy | $124 | Maintains | Feb 9, 2024 |
John Vinh Keybanc | Overweight | $135 | Maintains | Feb 9, 2024 |
Kevin Cassidy Rosenblatt | Buy | $130 | Maintains | Feb 9, 2024 |
Christopher Rolland Susquehanna | Positive | $135 | Maintains | Feb 9, 2024 |
When did it IPO
2002
Staff Count
1,716
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Michael E. Hurlston
Market Cap
$3.24B
In 2023, SYNA generated $1.36B in revenue, which was a decrease of -22.11% from the previous year. This can be seen as a signal that SYNA's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Synaptics Incorporated (NASDAQ: SYNA) will host its Q1 2025 earnings conference call on November 7, 2024, at 5:00 PM ET, featuring key company executives and analysts.
Why It Matters - Synaptics' upcoming earnings call will provide insights into its financial performance and strategic direction, influencing investor sentiment and stock price.
Summary - Synaptics reported Q1'25 revenue of $257.7 million, GAAP gross margin of 46.9%, GAAP loss per share of $0.58, and non-GAAP EPS of $0.81. Results are for the quarter ending September 28, 2024.
Why It Matters - Synaptics' Q1'25 results show strong revenue and non-GAAP profitability, contrasting with GAAP losses, indicating operational efficiency and potential for future growth.
Summary - Synaptics (SYNA) reported Q1 earnings of $0.81 per share, exceeding estimates of $0.75. This is an increase from $0.52 per share in the same quarter last year.
Why It Matters - Synaptics' earnings beat expectations and show significant year-over-year growth, indicating strong performance and potential for stock price appreciation.
Summary - Synaptics (SYNA) is expected to lack the necessary factors for a potential earnings beat in its upcoming report. Investors should be aware of this outlook.
Why It Matters - Synaptics may underperform in its earnings report, signaling potential declines in stock price and prompting investors to reassess their positions.
Summary - Synaptics has expanded its operations in Taiwan, establishing it as its largest employee base globally, enhancing support for customers and partners with added technical expertise.
Why It Matters - Synaptics expanding its Taiwan operations enhances its capabilities and support for clients, potentially boosting productivity and profitability, which may positively impact stock performance.
Summary - Synaptics Incorporated (Nasdaq: SYNA) will report Q1 fiscal 2025 results on November 7, 2024, after market close, followed by a conference call at 2:00 p.m. PT.
Why It Matters - Synaptics' upcoming earnings report and conference call could influence stock price and investor sentiment based on performance and guidance provided.