Synaptics Incorporated

NasdaqGS:SYNA Stock Report

Market Cap: US$4.0b

Synaptics Past Earnings Performance

Past criteria checks 0/6

Synaptics's earnings have been declining at an average annual rate of -27.1%, while the Semiconductor industry saw earnings growing at 5.8% annually. Revenues have been declining at an average rate of 8.5% per year.

Key information

-27.05%

Earnings growth rate

-28.88%

EPS growth rate

Semiconductor Industry Growth27.66%
Revenue growth rate-8.48%
Return on equity-4.47%
Net Margin-5.41%
Next Earnings Update07 May 2026

Recent past performance updates

Recent updates

Narrative Update May 05

SYNA: Edge AI Roadmap And Buybacks Will Support Balanced Future Repricing

Narrative Update on Synaptics The updated analyst price target for Synaptics shifts modestly to $101.45 from $102.18. Analysts point to refined assumptions around revenue growth, discount rate, profitability, and future P/E, even as several firms have recently raised their published targets on the stock.
Narrative Update Apr 19

SYNA: Edge AI Product Roadmap And Buybacks Will Support Future Repricing

Narrative Update on Synaptics Analyst price targets on Synaptics have been raised by a range of $9 to $15, reflecting updated views from multiple firms that are supported by their latest research on the company. Analyst Commentary Recent research coverage on Synaptics points to a cluster of higher price targets from multiple firms, including JPMorgan, with increases in the range of $9 to $15.
Narrative Update Apr 05

SYNA: Edge AI Expansion And 2026 Product Roadmap Will Support Repricing

Synaptics' analyst price target has been lifted by multiple firms, with increases of $15, $10, $9, $22, and $5 reflecting analysts' updated views based on their recent research. Analyst Commentary Recent price target adjustments cluster around a more constructive view on Synaptics, with several research firms lifting their targets by amounts ranging from $5 to $22.
Narrative Update Mar 22

SYNA: Edge AI Partnerships And 2026 Outlook Will Support Bullish Repricing

Analysts have increased their average price targets on Synaptics through a series of incremental raises, ranging from $5 to $22, citing updated views on valuation, the company’s position within the semiconductor sector, and expectations reflected in revised 2026 outlooks. Analyst Commentary Recent research updates cluster around higher price targets and refreshed views on Synaptics as analysts update their 2026 frameworks for the broader semiconductor group.
Narrative Update Mar 06

SYNA: Edge AI Partnerships And CES Exposure Will Shape Bullish 2026 Outlook

Analysts have raised their Synaptics price targets by $5 to $22. The higher targets are tied to updated views on discount rates, modest adjustments to growth and margin assumptions, and a slightly higher future P/E multiple.
Narrative Update Feb 20

SYNA: Edge AI Partnerships And CES Exposure Will Support Bullish 2026 Setup

Synaptics' updated analyst price target has moved from about $92 to about $102, with analysts pointing to refreshed sector views in semiconductors and higher long term valuation assumptions as key drivers of the change. Analyst Commentary Recent Street research around Synaptics has centered on refreshed views for the semiconductor group and updated assumptions on how the company might execute against longer term opportunities.
Narrative Update Feb 06

SYNA: Edge AI Partnerships And CES Exposure Will Shape Balanced 2026 Outlook

Analysts have raised their price targets on Synaptics by amounts ranging from $5 to $22, citing updated views on valuation, profit sustainability and sector positioning within semiconductors. Analyst Commentary Street research on Synaptics is centered on how its valuation stacks up against long term profit potential and where it sits inside the broader semiconductor group.
New Narrative Jan 23

Edge AI And Core IoT Timelines Will Limit Long Term Upside Potential

Catalysts About Synaptics Synaptics supplies chips and mixed signal solutions used in Core IoT, Enterprise & Automotive and Mobile Touch applications. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 23

SYNA: Edge AI Partnerships And CES Exposure Will Support Balanced 2026 Outlook

Narrative Update on Synaptics Our updated analyst price target for Synaptics moves from $87.18 to $91.82, reflecting analysts' recent target increases across the Street and their use of a slightly lower discount rate alongside a higher assumed future P/E multiple, even as they calibrate profit margin expectations. Analyst Commentary Recent Street research around Synaptics points to a cluster of higher price targets, with analysts updating their models to reflect new assumptions on discount rates, P/E multiples and sector positioning within semiconductors and related equipment.
Narrative Update Jan 07

SYNA: Edge AI Partnerships And CES Showcases Will Support Balanced Outlook

Analysts have nudged their fair value estimate for Synaptics to about $87.18 from roughly $84.30, reflecting updated views on the discount rate, expected revenue growth, profit margins, and future P/E assumptions. What's in the News Synaptics and Edgecore Networks are working together on scalable Edge AI and AIoT platforms, including an AIoT Edge Hub built on the Astra SL1620 processor with Veros SYN4612 wireless and Wi-Fi HaLow, to be showcased at CES 2026 in a private technology suite at the Venetian.
Seeking Alpha Dec 16

Synaptics Worth A Look As IoT Grows And Margins Recover

Summary Synaptics is pivoting toward AI-native IoT solutions, highlighted by Astra processors and collaborations with Google and Broadcom. Legacy segments remain challenged, and between weaker legacy lines and a lack of commercial scale in new business, operating margins remain well off prior highs. I anticipate revenue growth acceleration and margin recovery as IoT edge-AI and communications offerings gain traction and legacy markets stabilize. SYNA appears undervalued below the mid-$80s, with fair value in the high-$80s to low-$90s if high-teens operating margins are achieved. Read the full article on Seeking Alpha
Narrative Update Dec 15

SYNA: Edge AI Partnerships And Buybacks Will Support Balanced Long-Term Outlook

Narrative Update on Synaptics Analysts have nudged their price target on Synaptics slightly higher to approximately $84.30 from about $84.22, citing modest improvements in long term revenue growth and profit margin outlook, which are partially offset by a lower assumed future P/E multiple. What's in the News Entered a strategic engagement with Qualcomm Technologies to co-develop integrated touch and 3D Sonic fingerprint solutions for OLED smartphones, tablets, and wearables.
Narrative Update Nov 27

SYNA: Ongoing Transformation Will Drive Confidence in Diversified End Markets

Analysts have raised their price target for Synaptics from $82.25 to $84.22, citing increased confidence in the company's ongoing transformation as well as anticipated acceleration in both revenue and earnings growth. Analyst Commentary Bullish Takeaways Bullish analysts highlight Synaptics' successful shift from a mobile-centric model with heavy reliance on a single major customer.
Analysis Article Sep 04

Is Synaptics (NASDAQ:SYNA) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Aug 10

Synaptics Incorporated (NASDAQ:SYNA) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

NasdaqGS:SYNA 1 Year Share Price vs Fair Value Explore Synaptics's Fair Values from the Community and select yours...
Analysis Article Aug 06

Synaptics Incorporated's (NASDAQ:SYNA) Revenues Are Not Doing Enough For Some Investors

NasdaqGS:SYNA 1 Year Share Price vs Fair Value Explore Synaptics's Fair Values from the Community and select yours...
Analysis Article Jul 16

Are Investors Undervaluing Synaptics Incorporated (NASDAQ:SYNA) By 32%?

Key Insights The projected fair value for Synaptics is US$96.63 based on 2 Stage Free Cash Flow to Equity Synaptics...
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New Narrative May 11

IoT And Wi-Fi 7 Will Unlock $3B Opportunity Despite Risks

Expansion in Core IoT and connectivity solutions opens substantial market opportunities, potentially driving significant revenue growth.
Analysis Article Apr 17

Synaptics Incorporated's (NASDAQ:SYNA) 26% Dip In Price Shows Sentiment Is Matching Revenues

To the annoyance of some shareholders, Synaptics Incorporated ( NASDAQ:SYNA ) shares are down a considerable 26% in the...
Seeking Alpha Mar 31

Synaptics: A Painful Transition

Summary Synaptics' transition to IOT has led to significant revenue losses and inconsistent performance, making me cautious despite the stock being down 80% from its peak. The company's shift from PC and mobile to IOT involved costly acquisitions, but revenues have fallen from $1.7 billion to around $1 billion, with no realistic earnings reported here. Recent financials show slight improvements, but stock-based compensation and acquisition costs continue to weigh heavily on realistic earnings, which remain non-existent. Despite a low sales multiple and some positive developments, the mixed track record and lack of earnings make me hesitant to buy the dip, opting for a cautious stance. Read the full article on Seeking Alpha
Analysis Article Mar 31

Should You Think About Buying Synaptics Incorporated (NASDAQ:SYNA) Now?

While Synaptics Incorporated ( NASDAQ:SYNA ) might not have the largest market cap around , it saw significant share...
Analysis Article Mar 02

Investors Don't See Light At End Of Synaptics Incorporated's (NASDAQ:SYNA) Tunnel

Synaptics Incorporated's ( NASDAQ:SYNA ) price-to-sales (or "P/S") ratio of 2.6x might make it look like a buy right...
Analysis Article Feb 03

Synaptics (NASDAQ:SYNA) Is Making Moderate Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha Jan 16

Synaptics: Early Signs Of Growth Recovery

Summary Synaptics' FY2024 revenue declined by 29%, primarily due to weak Core IoT and Enterprise/Automotive segments, despite a recovery in the Mobile segment. Management's growth targets are optimistic, projecting a 10-15% CAGR, driven mainly by Core IoT, which is expected to grow at 25-30% CAGR. Our competitive analysis shows Synaptics' wireless chips lag behind top competitors, but its IoT processors are strong, ranking second among peers. Despite optimistic management forecasts, we project a 9% CAGR for SYNA, with our DCF valuation indicating the company is undervalued. Read the full article on Seeking Alpha
Analysis Article Jan 13

A Look At The Intrinsic Value Of Synaptics Incorporated (NASDAQ:SYNA)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Synaptics fair value estimate is US$79.05 With US$75.98 share...
Analysis Article Dec 23

At US$74.62, Is Synaptics Incorporated (NASDAQ:SYNA) Worth Looking At Closely?

While Synaptics Incorporated ( NASDAQ:SYNA ) might not have the largest market cap around , it received a lot of...
Seeking Alpha Nov 27

Synaptics Incorporated: A Value Play For The Patient

Summary We're putting Synaptics on the radar for longer-term investors based on our belief that the stock is trading below its intrinsic value and showing modest recovery in its end markets. SYNA's end markets, including IoT, Enterprise, auto, and mobile, show modest sequential recovery, with management guiding for 3% Q/Q sales growth next quarter. Synaptics is a value play, in our opinion, with a P/E of 26.7x and EV/Sales of 3.0x, trading below semi-peer averages. We see an opportunity for longer-term investors to explore entry points into the stock at current levels and let the pace of recovery play out on its own. Read the full article on Seeking Alpha
Analysis Article Oct 23

Synaptics (NASDAQ:SYNA) Is Making Moderate Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 05

Are Investors Undervaluing Synaptics Incorporated (NASDAQ:SYNA) By 35%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Synaptics fair value estimate is US$118 Synaptics' US$76.34...
Analysis Article Aug 30

Is It Time To Consider Buying Synaptics Incorporated (NASDAQ:SYNA)?

While Synaptics Incorporated ( NASDAQ:SYNA ) might not have the largest market cap around , it saw a double-digit share...
Analysis Article Jul 30

Synaptics Incorporated (NASDAQ:SYNA) Investors Are Less Pessimistic Than Expected

It's not a stretch to say that Synaptics Incorporated's ( NASDAQ:SYNA ) price-to-sales (or "P/S") ratio of 3.7x right...
Analysis Article Jul 12

Is Synaptics (NASDAQ:SYNA) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Seeking Alpha Jul 05

Synaptics Should Snap Back Over The Next Year

Summary Synaptics has seen a painful inventory correction cycle undermine its revenue and margins even more than I expected, hitting the share price as well. Business should be set to recover from here, with a return to double-digit growth within a few quarters and 20%+ growth in 2H'25. The company's focus on AI-enabled edge devices, including the new Astra platform, should drive the next era of growth, but I would like to see an expanded focus beyond the consumer. Mid-teens growth over the next five years, high single-digit long-term revenue growth, and improving margins can support a fair value of $100 or higher. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Synaptics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:SYNA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
27 Dec 251,144-62175372
27 Sep 251,109-45177360
28 Jun 251,074-48180347
29 Mar 251,039165173338
28 Dec 241,010169179332
28 Sep 24979158169331
29 Jun 24959126161336
30 Mar 24939-106169336
30 Dec 231,029-78170341
30 Sep 231,145-47173348
24 Jun 231,35574175351
25 Mar 231,604180167361
24 Dec 221,748234170371
24 Sep 221,815282172371
25 Jun 221,740258168367
26 Mar 221,591194163351
25 Dec 211,447143156330
25 Sep 211,384123151319
26 Jun 211,34080145313
27 Mar 211,289151148299
31 Dec 201,292142143298
26 Sep 201,322112135297
27 Jun 201,334119127303
28 Mar 201,351-17118325
31 Dec 191,357-16121331
28 Sep 191,395-23125339
29 Jun 191,472-23131343
31 Mar 191,56622142347
31 Dec 181,6261146358
29 Sep 181,631-94148366
30 Jun 181,630-124154363
31 Mar 181,668-105148347
31 Dec 171,719-87148325
30 Sep 171,74919143306
24 Jun 171,71849138292
31 Mar 171,61624142297
31 Dec 161,57440147299
30 Sep 161,58352156304
25 Jun 161,66772162311
31 Mar 161,822111164313
31 Dec 151,897122156318
30 Sep 151,890108137316
27 Jun 151,703110128293

Quality Earnings: SYNA is currently unprofitable.

Growing Profit Margin: SYNA is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SYNA is unprofitable, and losses have increased over the past 5 years at a rate of 27.1% per year.

Accelerating Growth: Unable to compare SYNA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SYNA is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (10.2%).


Return on Equity

High ROE: SYNA has a negative Return on Equity (-4.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 09:57
End of Day Share Price 2026/05/06 00:00
Earnings2025/12/27
Annual Earnings2025/06/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Synaptics Incorporated is covered by 24 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas O'MalleyBarclays
Ambrish SrivastavaBMO Capital Markets Equity Research
Leonne ChenCLSA