Synaptics Incorporated (SYNA) AI Stock Analysis
SYNA AI stock analysis summary
AI ResearchSynaptics Incorporated (SYNA) develops semiconductor product solutions spanning voice, video, connectivity, and touch interfaces. The company generated $1.20B in FY2026 revenue with 11.4% annual growth, though it posted a net loss of -$490.8M. The stock trades at a forward P/E of 18.3x following a 1-year return of 67.6%.
- Market cap
- $4.65B
- Revenue (TTM)
- $1.20B
- P/E
- — fwd 18.3x
- 1Y return
- 67.6% S&P 500 16.8%
- Avg. target
- $129.33 10.4% vs last close
Bull case
- Revenue expanded 11.4% in FY2026 to $1.20B, driven by positive momentum across its semiconductor product portfolio.
- The company produced positive free cash flow of $101.4M in FY2026 and repurchased $92.7M of its shares.
- Analysts forecast FY2027 EPS of $5.18, followed by 27.0% EPS growth to $6.58 in the subsequent fiscal year.
Bear case
- Synaptics reported an FY2026 net loss of -$490.8M, resulting in a net margin of -41.0% and an ROE of -42.2%.
- EV/EBITDA of 46.3x represents a significant premium to the US-listed Technology peer median of 16.6x.
- The 5-year revenue CAGR is negative at -2.2%, remaining well below the FY2022 revenue level of $1.74B.
What Synaptics does
Synaptics Incorporated develops, markets, and distributes semiconductor product solutions across multiple industries. Headquartered in San Jose, California, the company specializes in technologies for voice and audio processing, high-speed video/audio/data connectivity, and image and video processing. Its product portfolio includes AudioSmart voice processing, ConnectSmart high-speed connectivity, and DisplayLink video compression technology. The company also provides Natural ID fingerprint identification, TouchPad interfaces, ClearPad display solutions, and wireless connectivity covering Wi-Fi, Bluetooth, and global positioning systems. Synaptics partners with mobile and PC OEMs, IoT manufacturers, automotive companies, and consumer electronics firms.
Growth and profitability
Synaptics posted FY2026 revenue of $1.20B, reflecting an 11.4% increase over FY2025 revenue of $1.07B, but down from $1.74B in FY2022. The 5-year revenue CAGR stands at -2.2%. Gross margin held steady at 44.7% in FY2026, identical to FY2025, while operating margin improved to -5.6% from -8.8%. Net income for FY2026 was -$490.8M, representing a net margin of -41.0%, though annual EPS was reported at $3.74. For the latest quarter ended June 30, 2026, quarterly revenue increased 8.9% year-over-year, while quarterly earnings growth declined 83.6%. Trailing twelve months operating margin was -2.8% and EPS was -$12.62.
Balance sheet and cash flow
As of June 30, 2026, Synaptics held $442.5M in cash and short-term investments against total debt of $837.3M, yielding net debt of $394.8M. Shareholders' equity was $929.5M, total assets stood at $2.10B, the current ratio was 1.12, and debt-to-equity was 0.90. In FY2026, the company generated $149.4M in operating cash flow and $101.4M in free cash flow. Capital expenditures totaled $48.0M and share buybacks reached $92.7M, contributing to a 5-year share count change of -4.4%.
Valuation and performance
At a share price of $117.18, Synaptics holds a market cap of $4.65B and an enterprise value of $4.29B. The stock trades at a forward P/E of 18.3x, compared to 18.8x for the median of its US-listed Technology peers. Its price-to-sales of 3.9x and EV/EBITDA of 46.3x trade above the US-listed Technology peer medians of 2.8x and 16.6x, respectively. The stock gained 67.6% over the past year, outperforming the S&P 500 (SPY) return of 16.8%, but its 5-year return of -32.5% trailed the S&P 500 return of 83.0%.
What analysts expect
Wall Street analyst coverage includes 1 Strong Buy and 12 Hold ratings, with no Buy, Sell, or Strong Sell recommendations. The mean price target is $129.33, implying upside of 10.4% from the last close of $117.18. For the fiscal year ending June 30, 2027, consensus estimates project revenue of $1.29B and EPS of $5.18, representing 13.0% EPS growth. Synaptics beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 5, 2026.
Key risks and what to watch
- Net debt stands at $394.8M with total debt of $837.3M and a current ratio of 1.12.
- Operating margin remained negative at -5.6% in FY2026 and -2.8% on a trailing twelve months basis.
- Stock volatility is elevated, with a beta of 1.96 and a short interest of 10.2% of float.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SYNA AI stock analysis
This page is an AI-written research summary of Synaptics Incorporated (SYNA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SYNA income statement, SYNA balance sheet, SYNA key metrics, SYNA analyst forecast, SYNA chart. See the SYNA stock overview for the latest quote and news.
SYNA AI stock analysis FAQ
Does Synaptics pay a dividend?
Synaptics does not pay a dividend. In FY2026, the company deployed capital toward $48.0M in capex and $92.7M in share buybacks.
What are analysts forecasting for Synaptics' earnings and revenue?
For the fiscal year ending June 30, 2027, analysts expect revenue of $1.29B and EPS of $5.18. For the following fiscal year, 6 analysts project revenue of $1.47B and EPS of $6.58.
How has SYNA stock performed relative to the broader market?
Over the past year, SYNA rose 67.6% compared to 16.8% for the S&P 500 (SPY). Over a 5-year horizon, the stock declined 32.5% while the S&P 500 gained 83.0%.
When is Synaptics' next earnings report?
Synaptics is scheduled to report its next earnings results on November 5, 2026.