NASDAQ · SYNA

Synaptics Incorporated

Technology · Semiconductors

$95.36▲ 2.42% ($2.25)at close

Pre-market$95.16▼ 0.21%4:08 AM ET

52-week

$58.28$149.11

No multiple

What the market price implies · Reverse DCF

Historical revenue grew by -8.92%/yr over the past 4 years.

Selected forecast · Base scenario

2.44%/yr · actual 10-year annualized revenue growth

Year 1 growth: 3.81%

Market-implied · Base operating assumptions + edited margins

Unavailable · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

No supported revenue growth rate matches this price with these operating assumptions.

Valuation

Recommended · Revenue & margin DCF

Price used

$95.36

Estimated value / share

Unavailable

Base scenario

USD · TTM ending 2026-06-27

Enterprise value of $251.17M does not cover net debt of $394.80M, so equity value is negative and no fair value per share can be shown. 3 of 10 projected years carry negative free cash flow. This engine cannot separate captive-finance or other non-operating borrowings from operating debt.

Year 1 growth 3.81% · Ending margin 0% · Discount rate 12.96%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 21, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-27
Data refreshed: Sep 22, 2026, 9:57 AM UTC · provider

Why this method?

There is not a stable run of positive FCFF to anchor a direct cash-flow CAGR, so the model should start from revenue and margin assumptions instead.

Is FCFF positive and has it been for 3+ consecutive years? Latest FCFF is not positive.

Price vs Fundamentals

Why The Stock Is Moving

Optimism is getting priced inModerate confidence

1Y Price: 30.59%Revenue (TTM): 11.44%FCF (TTM): -4.52%P/FCF: 89th pct

What changed

The stock rose 30.59% over the last year. Revenue grew 11.44% over the trailing twelve months. Operating margin moved from -8.76% to -5.6%. Free cash flow declined 4.52% over the trailing twelve months.

What the market seems to be pricing

The stock is trading toward the richer end of its historical P/FCF range (89th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.

What would invalidate this read

Operating margin is at -5.6% — continued expansion would be needed to justify the premium. Revenue growth of 11.44% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.

Performance

Return analysis

Company profile

Synaptics Incorporated, established in 1986 and headquartered in San Jose, California, is a global developer, marketer, and seller of semiconductor product solutions designed to enhance user experience and device functionality.

CEORahul G. Patel

SectorTechnology

IndustrySemiconductors

Employees1,700

IPO dateJan 29, 2002

https://www.synaptics.com

Market multiples

Forward P/E—

EV/EBITDA-93.10

Enterprise value$5.1B

Stock splits

Sep 2, 2008↑ Forward

Every 2 shares became 3

+50%

Profitability & growth

Revenue growth8.91%

Gross margin (FY2026)44.72%0.0ppvs FY2025

Operating margin (FY2026)-5.6%▲3.2ppvs FY2025

ROE-42.23%▼38.9ppYoY

Analyst consensus

RatingBuy

Target price$134.13▲40.66%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 5, 2026

Q4 FY26 · EPS est $1.23 · Revenue est $316.12M

View