
Synaptics (SYNA) Stock Forecast & Price Target
Synaptics (SYNA) Analyst Ratings
Bulls say
Synaptics is expected to improve its financial performance as it gains early traction in robotics, expands its edge AI portfolio with two new products, and continues to expand its presence in higher-end segments of the PC and smartphone markets. Additionally, the company's limited exposure to demand pressure in these markets and its concentration in higher-end segments provide a level of stability and resilience in the face of macroeconomic and component challenges. Synaptics also benefits from its strong market position, as evidenced by its significant market share and its leadership in network edge wireless connectivity.
Bears say
Synaptics is positioned to benefit from its recently introduced Astra multimodal microprocessors, which have generated strong interest and engagement from customers and partners. Despite potential concerns about the company's weak adjacent markets and softer Enterprise solutions, Synaptics has multiple new MCU and microprocessor design wins and opportunities, as well as a strong portfolio position for the IoT and physical AI markets. Additionally, Synaptics recently reported a beat-and-raise quarter with 53% Y/Y growth in its Core IoT business, indicating potential for strong financial performance in the near future. While concerns regarding overall IoT market growth and content growth for foldable phones may dampen the company's growth potential, these are offset by its partnerships and collaborations in the industrial and smart home domains. Overall, Synaptics appears to have a solid foundation for continued success in the semiconductor industry.
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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