Synaptics Incorporated (SYNA)
Synaptics May Face Near-Term Headwinds Before Mass Production
Synaptics May Face Near-Term Headwinds Before Mass Production
Synaptics Stock Surges on Google AI Tech Partnership
Shares of Synaptics (SYNA) surged more than 6% Thursday after the developer of technology for the Internet of Things (IoT) announced an artificial intelligence (AI) collaboration with Alphabet's (GOOGL) Google.
Synaptics Scores Google Partnership, Stock Surges
The shares of Synaptics Inc (NASDAQ:SYNA) are up 5.9% at $80.85 at last glance, after news that the semiconductor name is partnering with Google parent Alphabet (GOOGL) to enhance artificial intelligence (AI) for the internet-of-things (IoT) network.
Synaptics Stock Rises on AI Partnership With Google
Synaptics says the partnership reflects a ‘shared vision' to advance artificial intelligence.
Synaptics Incorporated: A Value Play For The Patient
We're putting Synaptics on the radar for longer-term investors based on our belief that the stock is trading below its intrinsic value and showing modest recovery in its end markets. SYNA's end markets, including IoT, Enterprise, auto, and mobile, show modest sequential recovery, with management guiding for 3% Q/Q sales growth next quarter. Synaptics is a value play, in our opinion, with a P/E of 26.7x and EV/Sales of 3.0x, trading below semi-peer averages.
Synaptics (SYNA) Upgraded to Strong Buy: What Does It Mean for the Stock?
Synaptics (SYNA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Synaptics Incorporated (SYNA) Q1 2025 Earnings Call Transcript
Synaptics Incorporated (NASDAQ:SYNA ) Q1 2025 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Munjal Shah - Head, IR Michael Hurlston - President & CEO Ken Rizvi - CFO Conference Call Participants Christopher Rolland - Susquehanna Kevin Cassidy - Rosenblatt Securities Krish Sankar - TD Cowen Quinn Bolton - Needham & Company Peter Peng - J.P. Morgan Operator Good day and thank you for standing by.
Synaptics (SYNA) Q1 Earnings and Revenues Top Estimates
Synaptics (SYNA) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.52 per share a year ago.
Synaptics (SYNA) Surpasses Q4 Earnings and Revenue Estimates
Synaptics (SYNA) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.49 per share a year ago.
Synaptics Should Snap Back Over The Next Year
Synaptics has seen a painful inventory correction cycle undermine its revenue and margins even more than I expected, hitting the share price as well. Business should be set to recover from here, with a return to double-digit growth within a few quarters and 20%+ growth in 2H'25. The company's focus on AI-enabled edge devices, including the new Astra platform, should drive the next era of growth, but I would like to see an expanded focus beyond the consumer.
