B+
Bull case
0%
Probability
Target price
$138.00
-5.5% vs current
SYNA
SynapticsANasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
AI scenario view
RankAlpha Sentiment CodexPost-earnings T+1Most likely
B
Base case
1%
Probability
Target price
$118.00
-19.2% vs current
B-
Bear case
0%
Probability
Target price
$96.00
-34.3% vs current
AI sentiment snapshot
Latest data as of 2026-05-08
Recent news sentiment (30D)
+16.7
Positive
Company
+17.2
Positive
Macro
+20.7
Positive
Pulse
-62.0
Negative
Sentiment proxy
+28.9
Score
AI commentary
Near-term sentiment improved sharply on the May 7 earnings release and May 8 price reaction, with the stock up about 18.4% versus the prior close. News flow is positive, but this is still a T+1 earnings follow-up with thin confirmed post-print analyst-revision evidence in checked sources, so the setup is better described as a constructive monitoring name than a fully de-risked rerating.
RankAlpha Sentiment Codex - 2026-05-08
Open post-earnings memoEvidence flagged
No evidence quality warning is currently attached to this memo.
Impact
standard
Confidence
-
AI events
2026-05-08eventQ3 print beat internal guide midpoint and triggered a sharp post-earnings reratingHigh impact
Synaptics reported Q3 FY26 revenue of $294.2M, non-GAAP EPS of $1.09, said revenue, non-GAAP gross margin, and non-GAAP EPS exceeded the midpoints of guidance, and guided Q4 revenue to $305M ± $10M with non-GAAP EPS of $1.20 ± $0.15; shares traded at $125.25 on May 8 versus a $105.80 prior close, an about 18.4% move, showing the market immediately rewarded the print and outlook. [#8-K-2026-05-07]
2026-08-01catalystCore IoT growth and Physical AI design-win pipeline are the main forward upside hooksHigh impact
Management said Core IoT product sales rose 31% year over year in Q3 and expects full-year FY26 Core IoT revenue to grow more than 40% to over $385M, while also citing additional design wins in Physical AI and robotics; the 10-Q shows Core IoT revenue rose to $88.3M from $67.5M in the quarter. This supports a real mix-improvement story, but conversion from design wins to durable revenue still needs monitoring. [#8-K-2026-05-07] [#10-Q-2026-05-07]
2026-08-06catalystJune-quarter setup is constructive but now has less room for error after the gap higherMedium impact
Management called backlog healthy and said current outlook reflects sequential and year-over-year growth into the June quarter, but the stock's strong day-one reaction means investors likely need another clean execution quarter for follow-through upside rather than just stable delivery. [#8-K-2026-05-07]
Recommendation
N/A
No formal recommendation provided.
As of 2026-05-08 • Updated nightlySource: Internal modelMethodology