
Synaptics (SYNA) Stock Forecast & Price Target
Synaptics (SYNA) Analyst Ratings
Bulls say
Synaptics Inc. is poised for improved revenue growth and enhanced operating margins as the company transitions towards higher-growth segments like CoreIoT, Enterprise solutions, and automotive products. The Enterprise & Automotive segment demonstrated a robust 17% year-over-year growth, backed by increasing enterprise bookings and orders, indicating strong market demand. Additionally, with management's confidence in better visibility, an expanding backlog, and strategic partnerships in the Android ecosystem, Synaptics appears well-positioned for sustained market success and financial performance.
Bears say
Synaptics Inc. faces significant headwinds due to declining revenues in its mobile segment, which experienced a 25% year-over-year reduction, primarily from end-of-life shipments and market share losses attributed to increased competition and pricing pressure from Asian rivals. The company's reliance on consumer spending amid weakening IT budgets and softer enterprise solutions further exacerbates its financial challenges, compounded by slower-than-expected adoption of new technologies, such as OLED and capacitive touch screens. Additionally, despite a non-GAAP gross margin of 53.6%, the overall financial health is questionable, as evidenced by a $258 million decline in cash and short-term investments, indicating potential liquidity concerns that could hinder future growth prospects.
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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