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Makes human-interface chips (touch, display) and, after buying Broadcom's IoT unit, wireless and edge-AI processors.
Makes human-interface chips (touch, display) and, after buying Broadcom's IoT unit, wireless and edge-AI processors.
Designs chips and has outside foundries make them, selling to device makers directly and through distributors, so revenue depends on winning a place in each new product generation, usually a year or more before shipment. Its earlier business centred on touch and display chips; the Broadcom wireless assets added connected-device products beyond PCs and phones.
Moat: narrow (IP / patents, installed base). Long-standing touch/display IP and design wins in PC and mobile OEMs, though facing intense competition.
Headquarters: San Jose, California, US · Founded: 1986 · Employees: 1,700
Size Synaptics (SYNA) is a United States Information Technology company (Semiconductors) with a market value of $4.63B, the 1234th largest of 3,117 United States companies the cockpit tracks. Shares closed at $116.70 on 6 Nov 2026.
Performance Over six months the shares fell 7.0%, against -27.8% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 20 in its peer set.
Growth Revenue grew 11.4% over the last twelve months (peer median +24.6%); the operating margin is -2.9% (peer median 11.9%).
Valuation It trades at 21.6× forward earnings against a peer median of 28.0× (6th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 35% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +37 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 15.2 points below its cost of capital (13.1% WACC).
Credit Synaptics has 1 bond outstanding ($450M).
Short interest Short interest is 6.3% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $1.20B | $1.20B | $1.07B | $959M | $1.36B |
| Revenue growth | — | +11% | +12% | -29% | — |
| Gross profit | $545M | $523M | $464M | $422M | $680M |
| EBITDA | $115M | $92.8M | $79.7M | $33.4M | $320M |
| Net income | -$491M | -$491M | -$47.8M | $126M | $73.6M |
| Free cash flow | $101M | $101M | $116M | $102M | $296M |
| Capital expenditure | $48.0M | $48.0M | $35.8M | $168M | $35.1M |
| Total debt | $877M | $877M | $883M | $1.02B | $1.03B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Synaptics SYNA | $4.63B | -7% | +11% | -3% | 21.6× | 34.6% |
| Cirrus Logic CRUS | $5.69B | -34% | +6% | 23% | 16.9× | 1.5% |
| Qualcomm QCOM | $177B | -24% | +2% | 24% | 17.0× | 15.9% |
| NXP Semiconductors NXPI | $62.6B | -15% | +15% | 30% | 14.1× | 16.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SYNA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.0% | -21.1% | 6th highest of 21 |
| 6-month return | -7.0% | -27.8% | 4th highest of 20 |
| Distance from 52-week high | -21.7% | -54.6% | 3rd highest of 21 |
| Revenue growth (TTM) | +11.4% | +24.6% | 5th lowest of 21 |
| Operating margin | -2.9% | 11.9% | 4th lowest of 21 |
| Forward P/E | 21.6× | 28.0× | 6th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 34.6% | 28.8% | 4th most demanding of 11 |
| Growth delivered (Del g) | -2.2% | +16.6% | 4th lowest of 11 |
| Hurdle (Req g minus delivered) | +36.8 pp | +15.5 pp | 2nd most demanding of 11 |
| ROIC minus cost of capital | -15.2 pp | -1.8 pp | 4th lowest of 20 |
| EV / EBITDA | 44.2× | 24.0× | 3rd most expensive of 7 |
| Net debt / EBITDA | 3.8× | 0.6× | most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Synaptics SYNA | United States | $4.63B | -7% | +11% | -3% | 21.6× | 34.6% | -2.2% |
| Powertech Technology 6239.TW | Taiwan | $4.61B | -11% | +24% | 13% | 13.2× | n/a | n/a |
| Shanghai Fudan Microelectronics 688385.SS | China | $4.60B | -31% | +15% | 12% | 31.6× | 24.8% | +18.9% |
| Macronix International 2337.TW | Taiwan | $4.52B | -53% | +127% | 38% | 1.8× | -7.5% | -6.2% |
| Maxscend Microelectronics 300782.SZ | China | $4.51B | -47% | -6% | -25% | n/a | n/a | n/a |
| MaxLinear MXL | United States | $4.48B | -51% | +56% | -1% | 12.1× | n/a | n/a |
| Chongqing Genori Technology 688797.SS | China | $4.45B | n/a | +37% | 29% | n/a | n/a | n/a |
| CSI Solar 688472.SS | China | $4.87B | -37% | -36% | -2% | 48.8× | n/a | n/a |
| Bestechnic (Shanghai) 688608.SS | China | $4.41B | +2% | -26% | 8% | 50.6× | 42.7% | +27.1% |
| MaxOne Semiconductor (Suzhou) 688809.SS | China | $4.90B | +2% | +57% | 39% | n/a | n/a | n/a |
| Shenzhen Goodix Technology 603160.SS | China | $4.35B | -2% | -7% | 6% | 51.0× | 26.7% | -6.8% |
| Hanwha Solutions 009830.KS | South Korea | $4.30B | -49% | +14% | 0% | 20.1× | n/a | n/a |
| Premier Energies PREMIERENE.NS | India | $4.28B | -13% | +32% | 25% | 19.7× | n/a | n/a |
| Zhejiang Quartz Crystal Optoelectronic Technology 002273.SZ | China | $5.03B | -28% | +19% | 18% | 24.9× | 16.9% | +16.5% |
| EverProX Technologies 300548.SZ | China | $5.04B | -59% | +64% | 35% | 33.5× | 30.9% | +26.6% |
| Applied Optoelectronics AAOI | United States | $4.26B | -66% | +62% | -11% | 23.5× | n/a | n/a |
| Hunan Goke Microelectronics 300672.SZ | China | $4.24B | -27% | +54% | 5% | 56.9× | 46.0% | +19.7% |
| Shanghai Aiko Solar Energy 600732.SS | China | $4.23B | -13% | +25% | -8% | n/a | n/a | n/a |
| Dosilicon 688110.SS | China | $5.13B | -7% | +375% | 54% | 27.4× | 23.6% | +3.3% |
| eMemory Technology 3529.TWO | Taiwan | $4.17B | -58% | +17% | 61% | 45.0× | 32.2% | +16.7% |
| Win Semiconductors 3105.TWO | Taiwan | $5.19B | -27% | +24% | 11% | 28.5× | 48.8% | -8.2% |
Synaptics has 1 bond outstanding with $450M face value.