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SYNA
SynapticsNASDAQInformation TechnologySemiconductorsSnapshot 2026-06-12
Watch· this month
$138.44+1.73%
Close 2026-06-12 · 1-day change
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Risk is elevated, while the sector backdrop is a tailwind, and compared with sector peers, it is typical. Peer multiples imply a price about 36% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples, but recent financials are weak or earnings quality is fragile, historically a value-trap pattern. If SYNA cuts guidance on the next call, that could be a meaningful negative. This read is provisional.
as of 2026-06-12
Quick facts
- Exchange
- NASDAQ
- Sector
- Information Technology
- Industry
- Semiconductors
- Market cap
- $5.06B
- Employees
- 1,700
- IPO date
- 2001-02-22
- Next earnings
- 2026-08-06
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 6 valuation methods, at three horizons. Current price $138.44. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryinexpensive
$217.68consensus
Range $143.36 – $296.42
vs price: -36% below
Method agreement — · 6 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$244.22consensus
Range $160.47 – $486.26
vs price: -43% below
Method agreement — · 5 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $138 SYNA trades at 31× p/e, below its 66× p/e peer median. Our $218 fair value sits above the price; low confidence. Analysts: $95–$155. Not investment advice.
Multiple (P/E)
31.5x
peer 65.9x · own history 21.7x
Premium
0.5x peer
1.4x its own history
Growth the price needs
-36%
our forecast —
Our fair value
$217.68
range $145.28 – $296.42
Analyst range(a guide on our number, not a target)Our number is above the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
inexpensivecheap — value-trap risk12-month view
What's priced in
The price sits about 36% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
weakOperating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 63% of the time over the next year (vs 62% for the rest of the cohort, n=2777).
28th pctl · Information Technology
Earnings quality
loss makingOver the trailing year it converted -2.89x of net income into operating cash flow.
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
Management & capital allocation
Not enough signal yet.
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bullishEPS revised +8.0% / 30d, n=13for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $1.12 → $1.21 (+8.0% / 30d). 10 raised, 1 cut, 13 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 2 maintained. 77% of analysts rate Buy.
Price target activity
1 PT revisions / 30d. Avg target 14.0% above current price.
Sector context
Intermediate · WeeklySector phase: information technology is in growth, with decelerating (~1.0 years in phase).
Sector regime (90d momentum): tailwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- weak
- Earnings discipline
- strong
- Margin discipline
- strong
- Balance sheet
- weak
- Post-call reaction
- strong
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$259.
How much price usually moves either way.
On a bad day, this stock has moved -$462.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,931.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-12
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideHigh confidenceQuartersactive 7d
Watch for Core IoT revenue growth exceeding 40% in FY 2026
Why it matters: This growth target reflects strong demand and execution in a key product area. Meeting this target would signal continued momentum in the business.
What confirms / what disproves
Confirms:Core IoT revenue reported above $385 million for FY 2026.
Disproves:Core IoT revenue growth was below 40% compared to last year.
Management priorities
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for SYNA yet.
This sector is also watching
- Watch for revenue growth in Information Technology to fall below the median.
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for SYNA and other Tech names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like NVDA, TSM, and AVGO keep beating earnings and guiding higher, the Tech sector momentum should keep lifting SYNA and other Tech names. Worth watching these names for early signals.
- If SYNA raises forward guidance on the next earnings call (currently NEW as of 2026-05-07), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If SYNA cuts guidance on the next call (currently NEW as of 2026-05-07), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like NVDA, TSM, and AVGO start missing or guiding lower, the Tech tailwind helping SYNA and other Tech names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-071mo agoItem 2.02
Results of Operations and Financial Condition. On May 7, 2026, Synaptics Incorporated (the "Company") issued a press release announcing its financial results for the fiscal quarter ended March 28, 2026, and posted supplemental earnings materials to the investor section of the Company’s website at www.synaptics.com. A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. This information furnished pursuant to…
Earnings preannouncement—
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+1.8 vs last weeklatest as of 2026-06-13
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.