Synaptics Incorporated (SYNA) Stock Analysis
Range Bound setup
Technology · Semiconductors
Sell if holding. Engine safety override at $134.94: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 20%; Below-average business quality.
Synaptics designs and sells semiconductor solutions for edge computing, wireless connectivity, and human interface applications across IoT, enterprise, automotive, and mobile markets, partnering with major OEM customers. The company uses a fabless manufacturing model, employing... Read more
Sell if holding. Engine safety override at $134.94: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 20%; Below-average business quality. Chart setup: RSI 46 mid-range, Bollinger mid-band. Score 4.9/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
About Synaptics Incorporated
About Synaptics Incorporated
Synaptics employs a fabless semiconductor model, sourcing silicon from third-party foundries predominantly in Asia and designing products across three markets: Core IoT, Enterprise and Automotive, and Mobile. The company held 2,516 active patents as of June 2025, employed approximately 1,700 people across 15 countries with 69% located in Asia Pacific, and in January 2025 acquired Wi-Fi technology assets from Broadcom to expand its wireless IoT roadmap with Wi-Fi 8 combo, UWB, GPS, and GNSS products.
Synaptics sells custom silicon and software platforms to OEM customers through contract manufacturers, supply chain partners, and distributors; OEMs generally do not hold long-term volume purchase commitments, making revenue subject to short-notice cancellations. The Core IoT segment spans wireless connectivity products in the Veros family—Wi-Fi, Bluetooth, Zigbee, Thread, Matter, UWB, and ULE—alongside Astra-family edge processors. Enterprise and Automotive products cover PC touchpad fingerprint sensors, DisplayLink video interface solutions, and integrated touch and display for automotive cabins. Mobile offerings build on more than 500 touch-related patents with OLED support. Gross margins face structural pressure from average selling price erosion and from long-term capacity agreements entered to mitigate past supply shortages, which can create inventory write-down exposure if end demand declines sharply.
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Synaptics' fabless model concentrates manufacturing risk on a small number of Asia-based foundries, which the 10-K characterizes as a vulnerability from dependence on a few sources of supply. Long-term capacity agreements entered to address the 2021-2022 semiconductor shortage created inventory overhang risk: if a customer cancels, Synaptics may be obligated to purchase inventory at above-market prices. On August 6, 2025, the U.S. government proposed a 100% tariff on imported semiconductors, which, if adopted, could increase manufacturing costs for a company dependent on Asia-based foundry partners for a significant portion of its silicon.
See also: Technology · Semiconductors
From Synaptics Incorporated's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-06-17Recent Developments — Synaptics Incorporated
Latest news
- NEWS Wells Fargo Maintains Overweight on Synaptics, Raises Price Target to $155 — benzinga Jun 9, 2026 positive
- NEWS Apple's AI Ambition Has A Picks-and-Shovels Trade — Here's Who Could Win — benzinga Jun 8, 2026 positive
- NEWS TAT Technologies Posts Upbeat Q1 Earnings, Joins Roivant Sciences, Immunitybio And Other Big Stocks Moving Higher On Wed — benzinga May 20, 2026 positive
- NEWS Rosenblatt Maintains Buy on Synaptics, Raises Price Target to $180 — benzinga May 20, 2026 positive
- NEWS JP Morgan Maintains Overweight on Synaptics, Raises Price Target to $115 — benzinga May 8, 2026 positive
Generated 2026-06-17T08:36:51Z.
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Rating Breakdown
2 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Unprofitable operations — net margin -4.1%. Quality floor flags this regardless of sector context.static
Price Targets
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Frequently Asked Questions
Sell if holding. Engine safety override at $134.94: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 20%; Below-average business quality. Chart setup: RSI 46 mid-range, Bollinger mid-band. Prior stop was $125.49. Score 4.9/10, moderate confidence.
Take-profit target: $146.13 (+8.3% upside). Prior stop was $125.49. Stop-loss: $125.49.
Target reached (-16.4% upside); Quality below floor (3.9 < 4.0).
Synaptics Incorporated trades at a P/E of N/A (forward 26.6). TrendMatrix value score: 6.4/10. Verdict: Sell.
20 analysts cover SYNA with a consensus score of 3.9/5. Average price target: $130.
What does Synaptics Incorporated do?Synaptics designs and sells semiconductor solutions for edge computing, wireless connectivity, and human interface...
Synaptics designs and sells semiconductor solutions for edge computing, wireless connectivity, and human interface applications across IoT, enterprise, automotive, and mobile markets, partnering with major OEM customers. The company uses a fabless manufacturing model, employing approximately 1,700 people across 15 countries and holding 2,516 active patents as of June 2025.