SynapticsSYNA
SYNA
About: Synaptics Inc is a producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.
Employees: 1,716
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 41
0% more funds holding
Funds holding: 263 [Q2] → 264 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4.04% less ownership
Funds ownership: 97.61% [Q2] → 93.57% (-4.04%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 97
15% less capital invested
Capital invested by funds: $3.4B [Q2] → $2.9B (-$500M) [Q3]
36% less call options, than puts
Call options by funds: $4.44M | Put options by funds: $6.96M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$90
8%
upside
Avg. target
$92
11%
upside
High target
$95
14%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Rosenblatt Kevin Cassidy 63% 1-year accuracy 34 / 54 met price target | 11%upside $92 | Buy Maintained | 8 Nov 2024 |
Needham Quinn Bolton 51% 1-year accuracy 67 / 131 met price target | 8%upside $90 | Buy Maintained | 8 Nov 2024 |
Susquehanna Christopher Rolland 48% 1-year accuracy 75 / 156 met price target | 14%upside $95 | Positive Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 8 articles about SYNA published over the past 30 days
Positive
Seeking Alpha
5 days ago
Synaptics: Early Signs Of Growth Recovery
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.
Neutral
GlobeNewsWire
5 days ago
Synaptics to Report Second Quarter Fiscal 2025 Results on February 6, 2025
SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the second quarter of fiscal 2025 on Thursday, February 6, 2025, after the market closes. The Company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET), during which management may discuss forward-looking information.
Neutral
GlobeNewsWire
1 week ago
Synaptics to Participate at Upcoming Investor Conference Wednesday, January 15, 2025
SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in an upcoming investor conference.
Negative
Seeking Alpha
2 weeks ago
Synaptics May Face Near-Term Headwinds Before Mass Production
Synaptics May Face Near-Term Headwinds Before Mass Production
Positive
Investopedia
2 weeks ago
Synaptics Stock Surges on Google AI Tech Partnership
Shares of Synaptics (SYNA) surged more than 6% Thursday after the developer of technology for the Internet of Things (IoT) announced an artificial intelligence (AI) collaboration with Alphabet's (GOOGL) Google.
Positive
Schaeffers Research
2 weeks ago
Synaptics Scores Google Partnership, Stock Surges
The shares of Synaptics Inc (NASDAQ:SYNA) are up 5.9% at $80.85 at last glance, after news that the semiconductor name is partnering with Google parent Alphabet (GOOGL) to enhance artificial intelligence (AI) for the internet-of-things (IoT) network.
Positive
Barrons
2 weeks ago
Synaptics Stock Rises on AI Partnership With Google
Synaptics says the partnership reflects a ‘shared vision' to advance artificial intelligence.
Neutral
GlobeNewsWire
2 weeks ago
Synaptics and Google Collaborate on Edge AI for the IoT
The collaboration will integrate Google's ML core with Synaptics Astra™ AI-Native hardware and open-source software to accelerate the development of context-aware devices. The collaboration will integrate Google's ML core with Synaptics Astra™ AI-Native hardware and open-source software to accelerate the development of context-aware devices.
Neutral
GlobeNewsWire
1 month ago
Synaptics Extends Veros™ IoT Connectivity Leadership with Dual-Core Bluetooth® 5.4 and IEEE 802.15.4 System on Chip
The SYN20708 supports Bluetooth Classic, BLE, Zigbee, and Thread concurrently to deliver simultaneous connectivity to multiple endpoints in heterogeneous network environments The SYN20708 supports Bluetooth Classic, BLE, Zigbee, and Thread concurrently to deliver simultaneous connectivity to multiple endpoints in heterogeneous network environments
Positive
Seeking Alpha
1 month ago
Synaptics Incorporated: A Value Play For The Patient
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.
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