Stock Price & Analysis

Based on the analysis, SYNA stock is currently oversold with an RSI of 29.8 and is trading near its 52-week low, suggesting potential buying opportunities. Analysts maintain a buy rating with a price target of $80 to $105, indicating optimism.

Buy SYNA stock as it is oversold with strong analyst support.

The price prediction for SYNA stock in 2025 is $105, driven by strong IoT growth and positive analyst sentiment.

The S1 support level for SYNA Stock is $62.18 ,The R1 resistant level for SYNA Stock is $66.1.

As of the end of day on 2025-04-02, the price of SYNA Stock was $63.17.

The target price for SYNA Stock according to analyst rating is 95.00, with the highest price target at 105.00 and the lowest at 80.00. Analysts have a Moderate Buy rating on SYNA Stock overall.

The market cap of SYNA is $2.5B.

Analysis and Insights

Valuation Metrics:

SYNA's current price of $65.26 raises concerns about overvaluation. The stock's P/E ratio is significantly higher than industry averages, and its EV/EBITDA ratio is elevated, suggesting a premium valuation. The price-to-sales ratio is also higher than sector norms, indicating potential overvaluation.

Technical Analysis:

The RSI of 29.8 indicates oversold conditions, suggesting potential buying opportunities. However, the stock's price near its 52-week low of $61.29 and mixed analyst sentiment adds uncertainty.

Analyst Sentiment:

Analysts have mixed views. Mizuho lowered its target to $80, while Rosenblatt maintains a higher target of $105. The average target of $96.67 suggests upside potential, but the recent target cuts indicate growing caution.

Conclusion:

SYNA appears overvalued based on high valuation metrics. However, oversold conditions and analyst targets suggest potential upside. Investors should exercise caution and monitor market trends.

Synaptics Incorporated is a developer and fabless supplier of mixed signal semiconductor solutions. The Company delivers complete chip, firmware and software semiconductor solutions that allow its customers to integrate advanced functions into their end products. It serves Internet of things (IoT), personal computer and mobile markets. Its IoT market solutions consist of wireless connectivity (Wi-Fi, Bluetooth and global positioning system, or GPS) products, System-on Chip (SoC), products, display and touch-integrated circuits for use in automobiles, and a range of audio and video products and solutions. It provides custom and semi-custom product solutions for navigation, cursor control, and access to devices or applications through fingerprint authentication, and human presence detection solutions, for many of the PC OEMs. Its mobile product applications include smartphones, tablets, large touchscreen applications, as well as a variety of mobile, handheld, and entertainment devices.

The price prediction for SYNA stock by 2030 is estimated to reach $150 to $200 per share. This forecast is based on strong growth in Synaptics' IoT segment, expansion into AI and automotive markets, and favorable analyst sentiment with an average target price of $96.67. The company's strategic focus on cutting-edge technologies positions it well for long-term growth.

SYNA has a total of 1891 employees.