Synaptics Inc (SYNA) Stock AnalysisSYNASynaptics Inc

Synaptics Incorporated is a developer and fabless supplier of mixed signal semiconductor solutions that enable people to engage with connected devices and data, and create experiences throughout the home, at work, in the car and on the go. The Company's product categories include core Internet of things (IoT), enterprise and automotive, and mobile. Its core IoT includes products for Wireless and Processor Solutions. Its enterprise and automotive products include products for personal computer (PC) touchpads, PC fingerprints, video interface solutions and automotive solutions. Its Mobile product includes products for touch and display solutions for mobile phone applications. The Company supplies connectivity, sensors and artificial intelligence (AI)-enhanced processor solutions to original equipment manufacturers (OEMs) that design IoT products and devices for automobiles, enterprise workspace devices, virtual reality, smartphones, tablets and notebook computers. It operates in the Technology sector (SEMICONDUCTORS & RELATED DEVICES industry).

Synaptics Inc is currently a hold. The stock is priced at $117.26, which is close to the average analyst price target of $123, indicating limited upside potential. The RSI is at 57.793, suggesting the stock is neither overbought nor oversold, while the forward P/E ratio is 18.35, indicating a moderate valuation. The main risk is the significant insider selling, which has increased by 4033.11% recently, potentially signaling lack of confidence among executives.

15 analysts cover SYNA: 7 rate it Buy, 6 Hold and 2 Sell. The average price target is 89.22.