
Synaptics (SYNA) Stock Forecast & Price Target
Synaptics (SYNA) Analyst Ratings
Bulls say
Synaptics Inc. is experiencing positive momentum in its financial performance, driven primarily by its Core IoT segment, which saw a year-over-year revenue increase of 53%, accounting for 31% of total revenue at $93 million. The company is also benefiting from growth in the Enterprise & Automotive segment, generating $161 million, or 53% of total revenue, with a modest year-over-year increase, as demand for wireless connectivity products continues to strengthen from both new designs and an upgrade cycle. Furthermore, the strategic transformation under new management, along with improved revenue forecasts for FY27 and FY28 attributed to advancing projects, underlines the potential for enhanced revenue growth and operating margins in the near future.
Bears say
Synaptics Inc. faces a negative outlook driven by significant market share loss, slower adoption of its Astra portfolio, and heightened pricing pressure from Asian competitors within the touch business. Additionally, the company's core Internet of Things (IoT) segment reported revenue below estimates, indicating weaker-than-expected growth in both the IoT and enterprise solutions sectors, which are compounded by soft IT budgets. Financially, while non-GAAP gross margins slightly fell short of expectations and cash reserves decreased due to share repurchases, these metrics highlight challenges in sustaining profitability amid increasing competition and sluggish consumer demand.
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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