
Synaptics (SYNA) Stock Forecast & Price Target
Synaptics (SYNA) Analyst Ratings
Bulls say
Synaptics Inc is projected to achieve a 15.6% year-over-year growth in Core IoT revenue for FY27, with potential for upside if the ramp-up occurs more rapidly than anticipated. The company's strategic transformation, under new management, is expected to enhance revenue growth and operating margins, particularly through a shift towards higher growth sectors like Core IoT, Enterprise solutions, and automotive products. Additionally, management's successful execution in wireless markets, highlighted by design wins with leading OEMs, contributes to a positive outlook on revenue and profitability while sustaining a robust balance sheet.
Bears say
The financial outlook for Synaptics Inc is negatively impacted by weaker-than-expected growth in core Internet of Things (IoT) and mobility sectors, with significant declines in both the Enterprise and Mobile divisions, recorded at -1.5% and -15.6% quarter-over-quarter, respectively. Additionally, the company faces potential risks from delayed adoption of new technologies and increased competition, which could hinder growth in the edge AI and connectivity markets. Furthermore, while the non-GAAP operating expenses were slightly below projections, a slower margin expansion capped the non-GAAP gross margin expectation at 53.5%, just short of market estimates, contributing to overall pessimism surrounding the company's financial future.
This aggregate rating is based on analysts' research of Synaptics and is not a guaranteed prediction by Public.com or investment advice.
Synaptics (SYNA) Analyst Forecast & Price Prediction
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