Synaptics Incorporated (SYNA)
NASDAQ: SYNA · IEX Real-Time Price · USD
87.47
+1.39 (1.61%)
At close: Jul 2, 2024, 4:00 PM
85.79
-1.68 (-1.92%)
After-hours: Jul 2, 2024, 6:10 PM EDT
Synaptics Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Synaptics stock have an average target of 117.4, with a low estimate of 95 and a high estimate of 135. The average target predicts an increase of 34.22% from the current stock price of 87.47.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Synaptics stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 6 | 5 | 5 | 5 | 3 | 3 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $135 → $115 | Strong Buy | Maintains | $135 → $115 | +31.47% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $135 → $115 | Buy | Maintains | $135 → $115 | +31.47% | May 10, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $115 → $95 | Hold | Maintains | $115 → $95 | +8.61% | May 10, 2024 |
| Needham | Needham | Strong Buy Maintains $125 → $110 | Strong Buy | Maintains | $125 → $110 | +25.76% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $125 → $135 | Buy | Maintains | $125 → $135 | +54.34% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
976.29M
from 1.36B
Decreased by -27.95%
Revenue Next Year
1.15B
from 976.29M
Increased by 17.49%
EPS This Year
2.22
from 1.83
Increased by 21.40%
EPS Next Year
4.01
from 2.22
Increased by 80.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.3B | 1.4B |
| Avg | 976.3M | 1.1B | 1.3B |
| Low | 937.0M | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -25.8% | 32.6% | 24.9% |
| Avg | -28.0% | 17.5% | 16.9% |
| Low | -30.9% | 8.8% | 6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.32 | 5.45 | 7.80 |
| Avg | 2.22 | 4.01 | 6.32 |
| Low | 2.10 | 3.14 | 5.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.8% | 145.3% | 94.6% |
| Avg | 21.4% | 80.4% | 57.6% |
| Low | 14.6% | 41.2% | 34.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.