
Synaptics (SYNA) Stock Forecast & Price Target
Synaptics (SYNA) Analyst Ratings
Bulls say
Synaptics is expected to see an improvement in its revenue and operating margin profile as it shifts towards a higher growth segment, and the all-stock acquisition by onsemi at a 19% premium reflects confidence in the company's potential. It is expected to achieve $200 million in annual synergies within 18 months of close, driving accretive non-GAAP EPS. Additionally, Synaptics' partnership with Google and its Astra Family of SoCs will open opportunities for growth in the IoT, industrial, robotics, automotive, and consumer markets, further justifying its 12-month price target of $180 based on 30x NTM Non-GAAP EPS estimates.
Bears say
Synaptics is set to be acquired by onsemi at a premium, representing a total enterprise value of $7 billion. However, the company faces challenges in the competitive semiconductor market, and its heavy reliance on China for majority of its revenue exposes it to potential political and economic risks. Furthermore, while the acquisition opens up potential opportunities in the emerging physical AI market, the projected 25% CAGR may not be sustainable in the long run, making the high price paid by onsemi for Synaptics risky.
This aggregate rating is based on analysts' research of Synaptics and is not a guaranteed prediction by Public.com or investment advice.
Synaptics (SYNA) Analyst Forecast & Price Prediction
Start investing in Synaptics (SYNA)
Order type
Buy in
Order amount
Est. shares
0 shares