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Synaptics Incorporated
$3.6B
Market Cap
27.9
P/E
0.99
PEG
-26.7%
ROCE
-42.2%
ROE
0.43
D/E
-5.6%
OPM
-31.5%
% from 52W High
74
α RS
🔍 SYNA is showing a sector-leadership setup because Sector RRG has Technology in the Leading quadrant with the trail still rolling over, it matches 2 of 39 tracked screener presets, and RS Rating is 74. Net: Broad signal stack, not a recommendation. ? RRG Conviction RS Rating
Sources
Technology in Leading quadrant · Conviction 2/39 · RS Rating 74
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Currency-adjusted total returns for SYNA including FX impact
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📈 Price History
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About

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company provides edge AI processors, wireless connectivity, touch controllers, biometrics, voice, audio, and multimedia products for physical AI and robotics, edge AI, smart home, industrial and automotive, personal computers, and mobile applications, as well as modular development kits, open software frameworks, and optimized AI/ML toolchains. It also offers Wi-Fi, Bluetooth, Bluetooth Low Energy, Zigbee, Thread, Matter, global positioning system, global navigation satellite system, ultra-low energy solutions, human interface products, organic light-emitting diodes, multimedia SoCs, fax/modem/printer processors, video interface ICs, DisplayLink graphics, and display driver ICs (DDIC); Astra, an AI solution; and DisplayLink and DisplayPort to simplify connectivity to external displays. In addition, it provides Natural ID, a fingerprint ID product for notebook, personal computer peripherals, automobiles, and other applications, as well as integrated touch and display, local dimming, and driver sensing technologies. The company sells its products through direct sales, outside sales representatives, distributors, and value-added resellers. Synaptics Incorporated was incorporated in 1986 and is headquartered in San Jose, California.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding SYNA
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 3.3K $231K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Synaptics Q3 FY2026 revenue $294M, core IoT up 31% YoY
Revenue & Profitability
Revenue for fiscal Q3 2026 was $294.2 million, up 10% year-over-year. Non-GAAP net income was $44.1 million, and non-GAAP EPS was $1.09, up 21% year-over-year. Non-GAAP operating margin was 18.1%, up 260 bps year-over-year. Core IoT product revenues increased 31% year-over-year. Guidance for Q4: revenue approximately $305 million, non-GAAP EPS $1.20 per share at the midpoint.
Outlook
Management sees improving momentum in core IoT and steady recovery in enterprise demand. However, potential headwinds exist: mobile touch customers in China face memory supply challenges, and PC demand could soften in the second half of 2026. Robotics and Edge AI are still early but represent promising long-term growth vectors. The company remains cautious on including robotics revenue in near-term plans.
Growth Drivers
Key growth drivers include robotics (pipeline of over 35 customers, with tactile sensing and interface solutions), Edge AI processors (Astra family ramping in calendar 2027), semi-custom AI-native MCU for wearables, and enterprise touch recovery. The company is also gaining share in foldable smartphones with a leading Korean OEM and seeing design wins in medical, industrial, and smart home applications.
Balance Sheet & CapEx
Capital expenditures for Q3 fiscal 2026 were $11.9 million, and depreciation was $7.9 million. No specific capacity expansion or large infrastructure investments were discussed. The company operates a fabless model.
Margins
Non-GAAP gross margin for Q3 was 53.6%, slightly above guidance midpoint. Q4 guidance is 53.5% ±1%. Non-GAAP operating expenses guided at $105 million. Management noted that processor category products are expected to have a margin profile above the corporate average, which should support long-term margin expansion. The operations team has absorbed cost increases to maintain margins.
Key Risks
Risks flagged include memory supply constraints affecting China-based mobile touch customers, potential PC demand headwinds in the second half of calendar 2026, and the early-stage nature of robotics revenue which may not materialize as expected. These factors could impact near-term performance.
Generated by AI · Q3 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-05-07
Q3 revenue grew 10% year-over-year to $294.2M, led by 31% growth in core IoT. Non-GAAP EPS rose 21% to $1.09. Strong Edge AI and robotics momentum, with Astra processor ramp expected in 2027. Q4 revenue guided to $305M midpoint.
Q2 2026 Q2 2026 2026-02-05
Q2 FY26 revenue grew 13% year-over-year, led by 53% growth in core IoT, with non-GAAP EPS up 32%. New Edge AI products and design wins position the company for sustained growth, while guidance anticipates Q3 revenue of $290 million and stable gross margins.
Q1 2026 Q1 2026 2025-11-06
Q1 FY26 saw 14% revenue growth and 35% EPS growth, led by a 74% surge in core IoT. The launch of Astra edge AI processors and strong design win momentum position the company for continued expansion, with Q2 revenue guided to $300M and robust IoT growth expected.
Q4 2025 Q4 2025 2025-08-07
Fiscal 2025 revenue rose 12% to $1.074B, led by 53% Core IoT growth. Q4 revenue and EPS exceeded guidance, with strong wireless and Wi-Fi 7 momentum. New Edge AI products and a $200M Broadcom asset acquisition position the company for continued expansion.
Q3 2025 Q3 2025 2025-05-08
Q3 FY2025 revenue rose 12% year-over-year to $266.6 million, with core IoT sales up 43% and non-GAAP EPS up 70%. Guidance for Q4 targets $280 million revenue, with continued strength in IoT and healthy backlog despite tariff uncertainties.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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