SYNA Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Synaptics Inc. (SYNA) is currently trading near its 52-week low of $61.29, with an RSI of 29.8, indicating an oversold condition. This suggests potential buying opportunities as the stock may rebound from these levels.
Fibonacci Levels:
The Fibonacci pivot point for SYNA is at $64.13, with resistance levels at $66.76 and $68.39. The stock is currently trading near the pivot point, which could act as a support level.
Analyst Sentiment:
Analysts have a Moderate Buy consensus on SYNA, with an average price target of $96.67. Rosenblatt Securities reiterated a Buy rating with a price target of $105, indicating optimism about the stock's future performance.
Conclusion:
Based on the oversold RSI, Fibonacci support levels, and positive analyst sentiment, SYNA is likely to experience a rebound in the next trading week. The target price is $66.15, with a stop-loss at $61.29.
Recommendation: Buy SYNA with a target price of $66.15 and a stop-loss at $61.29.
SYNA Similar Chart Price Prediction
The price of SYNA is predicted to go up -1.43%, based on the high correlation periods with MAA. The similarity of these two price pattern on the periods is 96.43%.
SYNA
MAA
Down: -1.43%Similarity: 96.43%
SYNA Revenue Forecast
SYNA EPS Forecast
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SYNA Analyst's Forecast
Vijay Rakesh
Mizuho
Buy
2025-03-24
Price Target
$90 → $80
Upside
+22.61%
Mizuho lowered the firm's price target on Synaptics to $80 from $90 and keeps an Outperform rating on the shares. The firm says that with softening auto and electrical vehicle trends, it updated its analog outlook for 2025 to downside and highlights elevated demand uncertainty. Mizuho sees some downside risk to auto semis with tariffs. However, it declining inventories and outlook clarity could set up a better second half of 2025, the analyst tells investors in a research note.
Christopher Rolland
Susquehanna
Buy
2024-10-21
Price Target
$110 → $95
Upside
+33.15%
John Vinh
Keybanc
Buy → Hold
2024-10-08
Price Target
n/a
Downside
0%
