Synaptics (SYNA): Assessing Valuation Following Impressive Q1 Performance and Introduction of Edge AI Processor
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2025
0mins
Should l Buy SYNA?
Source: Yahoo Finance
Fiscal Q1 2026 Results: Synaptics reported strong revenue and earnings growth, primarily driven by its Core IoT portfolio and new product launches, despite a sideways movement in share price over the year.
Market Valuation and Analyst Outlook: Analysts suggest Synaptics is undervalued with a fair value estimate of $82.25 compared to the current share price of $67.90, indicating potential upside, although some caution exists regarding market optimism.
AI and IoT Focus: The launch of native Edge AI processors aims to position Synaptics as a key player in next-generation IoT applications, which could enhance revenue growth and product differentiation.
Risks and Cautionary Perspectives: While there is optimism about Synaptics' growth, execution risks in customer acquisition and competition could impact margins, and a discounted cash flow model suggests the current share price may be overvalued at $67.90 compared to a fair value of $54.24.
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Analyst Views on SYNA
Wall Street analysts forecast SYNA stock price to fall
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 92.070
Low
65.00
Averages
89.22
High
106.00
Current: 92.070
Low
65.00
Averages
89.22
High
106.00
About SYNA
Synaptics Incorporated is a developer and fabless supplier of mixed signal semiconductor solutions that enable people to engage with connected devices and data, engineering experiences throughout the home, at work, in the car and on the go. The Company's product categories include core Internet of things (IoT), enterprise and automotive, and mobile product applications. Its core IoT solutions consist of wireless connectivity (Wi-Fi, Bluetooth, Bluetooth Low Energy, Zigbee, Thread, global positioning system, and Ultra Low Energy) products, System-on-Chip (SoC), products, and its Astra family of artificial intelligence (AI)-native edge processors. Its enterprise product applications include solutions for personal computers (PCs), a range of audio and video products and solutions for enterprise workspaces. The Company's mobile product applications include smartphones, tablets, large touchscreen applications, as well as a variety of mobile, handheld, and entertainment devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Synaptics Reports Strong Q2 2026 Earnings with 13% Revenue Growth
- Significant Revenue Growth: Synaptics reported Q2 revenue of $302.5 million, reflecting a 13% year-over-year increase, marking the company's fifth consecutive quarter of double-digit growth, underscoring the robust performance of its Core IoT products.
- Core Product Drivers: The Core IoT segment achieved a remarkable 53% year-over-year growth, contributing to the overall performance, while non-GAAP EPS rose to $1.21, indicating the company's increasing competitiveness in the market.
- Strategic Integration: CEO Rahul Patel announced the merger of the processors and connectivity teams to better align resources and accelerate the product roadmap, thereby enhancing the efficiency of delivering integrated processor and wireless system solutions.
- Optimistic Future Outlook: The company anticipates Q3 revenues to be around $290 million, slightly below Q2 actuals, yet management remains confident in the multi-year growth outlook, particularly driven by Astra products and edge AI solutions.
See More
Synaptics Reports 13% Revenue Growth in Q2 2026
- Revenue Growth: Synaptics reported a 13% year-over-year revenue increase to $302.5 million in Q2 2026, exceeding the $300 million estimate, reflecting strong demand in the AI edge solutions market.
- Earnings Performance: The company posted adjusted earnings per share of $1.21, beating the consensus estimate of $1.15, indicating ongoing improvement in profitability, despite a 3% decline in post-market trading.
- Future Outlook: Synaptics expects third-quarter revenue to range from $280 million to $300 million, with a midpoint of $290 million, surpassing the $285 million estimate, demonstrating confidence in future growth.
- Market Opportunities: CEO Rahul Patel highlighted that the accelerating shift towards physical and edge AI creates opportunities for expansion into new markets such as robotics, showcasing the strategic significance of their differentiated technology portfolio.
See More
Synaptics Q2 Earnings Exceed Expectations
- Strong Earnings Performance: Synaptics reported a Q2 non-GAAP EPS of $1.21, beating expectations by $0.06, which reflects the company's robust profitability and enhances investor confidence.
- Significant Revenue Growth: The company achieved revenue of $302.5 million, a 13.2% year-over-year increase, exceeding market expectations by $2.19 million, indicating sustained growth in the IoT market and strong demand.
- Optimistic Future Outlook: For Q3 of fiscal 2026, Synaptics expects non-GAAP revenue to fluctuate around $290 million, with a gross margin projected at 53.5%, reflecting the company's confidence in future performance and positive market expectations.
- Effective Cost Control: Anticipated operating expenses of $150 million demonstrate the company's effective cost management, further enhancing its profitability and competitive position in the market.
See More
Synaptics Set to Announce Q2 Earnings on February 5th
- Earnings Announcement: Synaptics is set to release its Q2 earnings on February 5th after market close, with consensus EPS estimates at $1.15, reflecting a 25% year-over-year increase, indicating ongoing improvements in profitability that could positively impact stock prices.
- Revenue Growth Expectations: The revenue estimate for Q2 stands at $300.31 million, representing a 12.4% year-over-year growth, which highlights the company's growth potential in the IoT sector and further solidifies its market position.
- Strong Historical Performance: Over the past two years, Synaptics has beaten both EPS and revenue estimates 100% of the time, demonstrating robust performance stability and market confidence, which may attract more investor interest.
- Estimates Revision Trends: In the last three months, EPS estimates have seen 7 upward revisions and 2 downward, while revenue estimates have experienced 8 upward revisions and 1 downward, indicating analysts' optimistic outlook on the company's future performance, potentially driving stock prices higher.
See More
Synaptics (SYNA) Schedules Q2 FY2026 Earnings Report and Conference Call
- Earnings Report Schedule: Synaptics will release its financial results for Q2 FY2026 on February 5, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET), requiring analysts and investors to pre-register, ensuring smooth information dissemination.
- Participation Registration Requirements: Participants are encouraged to dial in at least ten minutes before the start time, demonstrating the company's focus on meeting quality and engagement to enhance investor experience.
- Webcast and Archive Availability: A live and archived webcast of the call will be accessible from the
See More
Synaptics Inc (SYNA) Stock Surpasses Analyst Target Price of $88.45
- Stock Performance: Synaptics Inc (SYNA) shares have reached $91.47, surpassing the analyst 12-month target price of $88.45, indicating strong market confidence in the company's future prospects.
- Analyst Reactions: Among the 11 analysts covered by Zacks, target prices range from $65.00 to $106.00, with a standard deviation of $10.792, highlighting significant divergence in market views on the company's valuation.
- Investor Signal: The stock's breach of the target price provides a good signal for investors to reassess the company, prompting them to consider whether to hold or reduce their positions in light of potential valuation risks.
- Wisdom of the Market: The average analyst target price reflects collective wisdom, and investors should pay attention to this metric to determine whether SYNA may continue to rise or is nearing its valuation ceiling.
See More
Synaptics Reports Strong Q2 2026 Earnings with 13% Revenue Growth
- Significant Revenue Growth: Synaptics reported Q2 revenue of $302.5 million, reflecting a 13% year-over-year increase, marking the company's fifth consecutive quarter of double-digit growth, underscoring the robust performance of its Core IoT products.
- Core Product Drivers: The Core IoT segment achieved a remarkable 53% year-over-year growth, contributing to the overall performance, while non-GAAP EPS rose to $1.21, indicating the company's increasing competitiveness in the market.
- Strategic Integration: CEO Rahul Patel announced the merger of the processors and connectivity teams to better align resources and accelerate the product roadmap, thereby enhancing the efficiency of delivering integrated processor and wireless system solutions.
- Optimistic Future Outlook: The company anticipates Q3 revenues to be around $290 million, slightly below Q2 actuals, yet management remains confident in the multi-year growth outlook, particularly driven by Astra products and edge AI solutions.
See More
Synaptics Reports 13% Revenue Growth in Q2 2026
- Revenue Growth: Synaptics reported a 13% year-over-year revenue increase to $302.5 million in Q2 2026, exceeding the $300 million estimate, reflecting strong demand in the AI edge solutions market.
- Earnings Performance: The company posted adjusted earnings per share of $1.21, beating the consensus estimate of $1.15, indicating ongoing improvement in profitability, despite a 3% decline in post-market trading.
- Future Outlook: Synaptics expects third-quarter revenue to range from $280 million to $300 million, with a midpoint of $290 million, surpassing the $285 million estimate, demonstrating confidence in future growth.
- Market Opportunities: CEO Rahul Patel highlighted that the accelerating shift towards physical and edge AI creates opportunities for expansion into new markets such as robotics, showcasing the strategic significance of their differentiated technology portfolio.
See More
Synaptics Q2 Earnings Exceed Expectations
- Strong Earnings Performance: Synaptics reported a Q2 non-GAAP EPS of $1.21, beating expectations by $0.06, which reflects the company's robust profitability and enhances investor confidence.
- Significant Revenue Growth: The company achieved revenue of $302.5 million, a 13.2% year-over-year increase, exceeding market expectations by $2.19 million, indicating sustained growth in the IoT market and strong demand.
- Optimistic Future Outlook: For Q3 of fiscal 2026, Synaptics expects non-GAAP revenue to fluctuate around $290 million, with a gross margin projected at 53.5%, reflecting the company's confidence in future performance and positive market expectations.
- Effective Cost Control: Anticipated operating expenses of $150 million demonstrate the company's effective cost management, further enhancing its profitability and competitive position in the market.
See More
Synaptics Set to Announce Q2 Earnings on February 5th
- Earnings Announcement: Synaptics is set to release its Q2 earnings on February 5th after market close, with consensus EPS estimates at $1.15, reflecting a 25% year-over-year increase, indicating ongoing improvements in profitability that could positively impact stock prices.
- Revenue Growth Expectations: The revenue estimate for Q2 stands at $300.31 million, representing a 12.4% year-over-year growth, which highlights the company's growth potential in the IoT sector and further solidifies its market position.
- Strong Historical Performance: Over the past two years, Synaptics has beaten both EPS and revenue estimates 100% of the time, demonstrating robust performance stability and market confidence, which may attract more investor interest.
- Estimates Revision Trends: In the last three months, EPS estimates have seen 7 upward revisions and 2 downward, while revenue estimates have experienced 8 upward revisions and 1 downward, indicating analysts' optimistic outlook on the company's future performance, potentially driving stock prices higher.
See More
Synaptics (SYNA) Schedules Q2 FY2026 Earnings Report and Conference Call
- Earnings Report Schedule: Synaptics will release its financial results for Q2 FY2026 on February 5, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET), requiring analysts and investors to pre-register, ensuring smooth information dissemination.
- Participation Registration Requirements: Participants are encouraged to dial in at least ten minutes before the start time, demonstrating the company's focus on meeting quality and engagement to enhance investor experience.
- Webcast and Archive Availability: A live and archived webcast of the call will be accessible from the
See More
Synaptics Inc (SYNA) Stock Surpasses Analyst Target Price of $88.45
- Stock Performance: Synaptics Inc (SYNA) shares have reached $91.47, surpassing the analyst 12-month target price of $88.45, indicating strong market confidence in the company's future prospects.
- Analyst Reactions: Among the 11 analysts covered by Zacks, target prices range from $65.00 to $106.00, with a standard deviation of $10.792, highlighting significant divergence in market views on the company's valuation.
- Investor Signal: The stock's breach of the target price provides a good signal for investors to reassess the company, prompting them to consider whether to hold or reduce their positions in light of potential valuation risks.
- Wisdom of the Market: The average analyst target price reflects collective wisdom, and investors should pay attention to this metric to determine whether SYNA may continue to rise or is nearing its valuation ceiling.
See More
