Synaptics Incorporated (SYNA)
Synaptics (SYNA) Q2 Earnings and Revenues Top Estimates
Synaptics (SYNA) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.57 per share a year ago.
Synaptics Core IoT Sales Soar 63%
Synaptics (SYNA -1.44%), a provider of custom semiconductor solutions, reported impressive results for the second quarter of fiscal 2025 on Feb. 6, 2025. The earnings release highlighted a strong performance driven by the company's Core IoT segment, which achieved a 63% year-over-year growth.
Strength Seen in Synaptics (SYNA): Can Its 9.1% Jump Turn into More Strength?
Synaptics (SYNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Synaptics: Early Signs Of Growth Recovery
Synaptics' FY2024 revenue declined by 29%, primarily due to weak Core IoT and Enterprise/Automotive segments, despite a recovery in the Mobile segment. Management's growth targets are optimistic, projecting a 10-15% CAGR, driven mainly by Core IoT, which is expected to grow at 25-30% CAGR. Our competitive analysis shows Synaptics' wireless chips lag behind top competitors, but its IoT processors are strong, ranking second among peers.
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.
