Reading the tape
NASDAQ: SYNA
Synaptics Incorporated
Technology · Semiconductors
Market Cap
$4.03B
52w High
$104.33
52w Low
$56.40
P/E
-64.94
Volume
36.18K
Outstanding Shares
38.99M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 77.66%Revenue (TTM): 13.35%FCF (TTM): 409.86%P/FCF: 89th pct
What changed
The stock rose 77.66% over the last year. Revenue grew 13.35% over the trailing twelve months. Operating margin moved from -9.12% to -7.76%. Free cash flow grew 409.86% 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 -7.76% — continued expansion would be needed to justify the premium. Revenue growth of 13.35% 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.
Company profile
Synaptics Incorporated develops, markets, and sells semiconductor product solutions worldwide.
CEORahul G. Patel
SectorTechnology
IndustrySemiconductors
Employees1,716
IPO dateJan 29, 2002
Valuation
Forward P/E—
EV/EBITDA43.73
Enterprise value$3.03B
Stock splits
Sep 2, 2008↑ Forward
Every 2 shares became 3
Profitability & growth
Revenue growth13.21%
Gross margin43.13%▼2.45%vs FY2024
Operating margin-7.76%▲17.29%vs FY2024
ROE-3.43%▼140.02%vs FY2024
Analyst consensus
RatingBuy
Target price$96.86▼6.27%
25
Buy
7
Hold
0
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
May 7, 2026
Q2 FY26 · EPS est $1.01 · Revenue est $290.51M
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