SYNA
SynapticsANasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
The bull read is that Q3 validated a real business-quality improvement: double-digit total revenue growth, 31% Core IoT growth, upside versus guidance midpoints, and a June-quarter guide above the just-reported level support the thesis that Synaptics is becoming a more credible Edge AI/Core IoT compounder rather than a purely cyclical semiconductor name.
Posture
Constructive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +1.4.
What can break
Customer concentration remains material: Customer A was 18% of quarterly revenue, and four customers made up 48% of accounts receivable at March 2026. [#10-Q-2026-05-07]
Momentum
88
Value
57
Sentiment
41
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $118.00 · Bull $138.00 · Bear $96.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $102.18
Why
Momentum88 · Δ7d +1.4
Value57 · Δ7d +0.1
Sentiment41 · Δ7d +8.2
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
88
34% active weight
Current posture
7d trendFlat
Δ7d
+1.4
Δ21d
+30.6
Value
57
32% active weight
Current posture
7d trendFlat
Δ7d
+0.1
Δ21d
-0.2
Sentiment
41
33% active weight
Current posture
7d trendImproving
Δ7d
+8.2
Δ21d
+1.4
Why this grade
Composite grade A. Momentum 88.3 / Value 57.0 / Sentiment 41.0
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$5.64B
Beta
1.72
Shares Out
38.99M
P/E (TTM) · Derived
40.0
P/S (TTM)
2.78
P/FCF (TTM)
21.33
Rev YoY
+13.5%
EPS YoY
+8.5%
Gross Margin
+43.6%
Op Margin
-8.6%
Net Debt
$382.3M
Current Ratio
2.86
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology