STOCK TITAN

Synaptics Inc - SYNA STOCK NEWS

Welcome to our dedicated page for Synaptics news (Ticker: SYNA), a resource for investors and traders seeking the latest updates and insights on Synaptics stock.

Overview

Synaptics Inc (Nasdaq: SYNA) is a globally recognized innovator in semiconductor solutions that redefines how humans interact with technology. At its core, the company specializes in advanced human interface products that cover touch, display, biometrics, and connectivity systems. With a rich heritage in research and development and an extensive portfolio of intellectual property, Synaptics plays a critical role in driving the evolution of consumer and industrial electronics by merging cutting-edge technology with intuitive user experiences.

Business Model and Core Competencies

Synaptics generates revenue primarily by developing, marketing, and selling semiconductor products that are embedded in various electronic devices. The company’s product offerings span a wide range of applications including mobile devices, personal computers, and Internet of Things (IoT) platforms. Through robust licensing agreements, deep vertical integration, and dependable supply chain capabilities, Synaptics ensures that it remains at the forefront of innovation in the competitive semiconductor and human interface markets. The company’s focus on touch technology and advanced connectivity enables manufacturers to incorporate reliable and intuitive interfaces into their products, thereby enhancing usability and functionality.

Key Innovations and Product Capabilities

Synaptics is renowned for its pioneering contributions to the human interface revolution. Its portfolio includes solutions that integrate touch, display, and biometric systems, which are seamlessly combined with advanced connectivity and AI-enhanced processing capabilities. These innovations enable dynamic interactions across smart devices, offering biometric security features, multi-touch interfaces, and responsive display technologies. The company’s integration of AI and edge computing into its product lineup has further strengthened its expertise in creating devices that are both highly functional and energy efficient. This technological edge not only supports current consumer demands but also lays a robust foundation for diversified applications in industries such as automotive, healthcare, and industrial automation.

Industry Position and Market Impact

Within the semiconductor and human interface landscapes, Synaptics stands out for its ability to merge ease of use with advanced technological features. Its solutions are embedded in a wide array of devices used by consumers and enterprises across the globe. Synaptics has strategically built its market position as a trusted partner to many of the world’s most innovative system providers, facilitating the integration of intuitive, secure, and multifunctional interfaces into everyday technology. This high level of integration ensures that digital experiences, whether at home, in the office, or on the go, are more productive, engaging, and secure.

Research, Development, and Technological Expertise

The company’s relentless pursuit of technological advancement is underpinned by significant investments in research and development. Synaptics has developed a deep reservoir of expertise that spans silicon design, multi-modal sensor integration, and AI-powered processing. Its R&D focus is geared toward not only refining existing technologies but also exploring new frontiers in human-device interaction. The company’s strategies incorporate state-of-the-art semiconductor design techniques, ensuring that its products are capable of delivering high performance while maintaining low power consumption. This commitment to innovation is core to Synaptics’ long-standing role as an enabler of next-generation user experiences.

Strategic Partnerships and Ecosystem Integration

Synaptics leverages strategic alliances with various industry leaders to enhance its product offerings. By collaborating with key players in connectivity, AI, and peripheral design, the company amplifies its capability to support comprehensive end-to-end solutions. These partnerships help to foster an ecosystem where advanced touch, display, and biometric technologies can coexist with modern connectivity platforms, thereby offering a holistic approach to device interaction and user interface development.

Competitive Advantages and Value Proposition

One of the primary advantages of Synaptics is its ability to combine deep technical expertise with a forward-thinking approach to product design and innovation. The company's integrated solutions are known for their robustness, reliability, and ease of incorporation into complex systems. By providing products that deliver seamless user experiences along with advanced security and connectivity features, Synaptics has established itself as a critical component in the technology supply chain. Its products not only enhance the performance of devices but also contribute to more secure and responsive interactions in diverse environments.

Global Reach and Market Diversification

Synaptics maintains a strong global presence, with a significant share of its business deriving from key markets such as Asia and North America. The company’s diversified product portfolio and its ability to adapt to multiple application areas—from mobile and PC segments to automotive and industrial IoT—ensure that it addresses a broad spectrum of market needs. This geographical and sectoral diversification enhances its resilience and supports its role as an essential provider in the development of intelligent, connected systems.

Summary

In summary, Synaptics Inc is a cornerstone in the engineering of human interface solutions, delivering products that integrate touch, display, biometrics, and connectivity technologies to create exceptional user experiences. Its commitment to innovation, bolstered by deep R&D investment and strategic partnerships, positions the company as a respected and knowledgeable driver of technological progress. Synaptics continues to shape the digital landscape by developing versatile semiconductor products that cater to a wide range of devices and industries, making modern digital life more secure, intuitive, and engaging.

Rhea-AI Summary

Synaptics (SYNA) has unveiled its new SYN461x family of ultra-low-power Triple Combo connectivity SoCs, targeting a $3.2 billion market opportunity. The system-on-chip solutions combine Wi-Fi 2.4/5/6 GHz, Bluetooth 6.0/BLE, and IEEE 802.15.4 (Zigbee/Thread) capabilities.

The Matter-compliant SoCs are specifically designed for embedded Edge AI IoT applications, featuring advanced Bluetooth capabilities including Channel Sounding and LE Audio with Auracast. Key applications include wearables, smart watches, audio devices, home appliances, security cameras, and factory automation.

Technical highlights include: connectivity up to 50 Mbps, integrated Tx/Rx switch, LNAs, and PAs for reduced system costs, low-pin-count WLBGA package option for 25% reduction in board costs, integrated processor for host offloading, and Secure Boot functionality. The SYN461x family is currently available for purchase.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
Tags
AI
-
Rhea-AI Summary

Synaptics (SYNA) has expanded its Astra AI-Native platform with the new SR-Series high-performance adaptive microcontroller units (MCUs) for Edge AI computing. The series features three power tiers: performance (100 GOPS), efficiency, and ultra-low-power always-on, built on Arm® architecture.

The SR-Series includes three MCUs (SR110, SR105, and SR102), featuring Arm Cortex-M55 cores running at 400 MHz. Key specifications include:

  • Up to 4 MB system memory
  • Streaming vision and audio processing
  • MIPI-CSI camera input
  • Advanced security features including AES-256

These MCUs are designed for multimodal consumer, enterprise, and industrial IoT applications, enabling integration into devices like battery-operated security cameras, sensors, appliances, and digital signage. The series is supported by the Astra Machina Micro development kit and open-source SDK.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
Tags
AI
-
Rhea-AI Summary

Synaptics (SYNA) is set to showcase groundbreaking innovations in Edge AI and wireless connectivity at Embedded World 2025 in Nuremberg, Germany. The company will unveil new families of microcontroller units (MCUs) and wireless systems-on-chips (SoCs) designed for ultra-low-power IoT devices.

The new solutions combine contextually-aware AI, multimodal processing, and reliable wireless connectivity at competitive costs. Target applications include smartwatches, wearables, consumer audio, appliances, security cameras, asset trackers, and factory automation systems.

At booth #4A-259, Synaptics will demonstrate several innovations with partners including: contextually aware AI with Leedarson and Fraunhofer Institute, AI hubs with Arcadyan, industrial vision systems with Arcturus, and AI-enabled Wi-Fi sensing. The company will also showcase automotive dashboard display technology featuring their SB7900 SmartBridge™ processor.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
AI
Rhea-AI Summary

Synaptics (SYNA) announced it will grant restricted stock unit (RSU) awards to 104 new employees who joined following the recently completed asset purchase transaction with Broadcom. The transaction, which closed on January 30, 2025, includes a licensing agreement for Broadcom's advanced wireless technologies including Wi-Fi 8, ultra-wideband, Wi-Fi 7, Bluetooth, and GPS/GNSS products for IoT and Android ecosystem.

The company will grant 1,006,506 RSUs under its 2025 Inducement Equity Plan, approved by the compensation committee. These RSUs are being granted as substitution for Broadcom equity awards and as inducement for employment. The vesting schedule includes 50% on the first anniversary and the remaining 50% vesting quarterly until the second anniversary, subject to continued employment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
none
-
Rhea-AI Summary

Synaptics (SYNA) reported its Q2 fiscal 2025 financial results with revenue of $267.2 million. The company achieved GAAP gross margin of 45.7% and non-GAAP gross margin of 53.6%. GAAP diluted earnings per share reached $0.05, while non-GAAP diluted EPS was $0.92.

Key highlights include signing a new agreement with Broadcom to accelerate Edge AI strategy and the repurchase of approximately one million shares for $74.5 million. The company reported GAAP net income of $1.8 million and non-GAAP net income of $36.6 million.

Core IoT products demonstrated strong performance with 63% year-over-year growth. Management noted stable to improving trends in most end markets, though Q3 is expected to see seasonal decline. The company maintains a strong balance sheet and positive cash flow.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.68%
Tags
-
News
Rhea-AI Summary

Synaptics (SYNA) announced that CEO Michael Hurlston is stepping down effective immediately to join Lumentum Holdings as CEO. CFO Ken Rizvi has been appointed Interim CEO, while Board Chairman Nelson Chan will serve as Executive Chairman during the transition. The company has initiated a search for a permanent CEO, considering both internal and external candidates.

Additionally, Synaptics released preliminary fiscal Q2 2025 financial results, expecting revenue of $267 million. The company anticipates gross margins to align with previous guidance midpoint, operating expenses slightly above midpoint, and EPS above the midpoint of guidance provided on November 7, 2024. The company will report detailed Q2 fiscal 2025 results on February 6, 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.59%
Tags
none
Rhea-AI Summary

Synaptics (SYNA) has signed a definitive licensing agreement with Broadcom, advancing its Edge AI strategy. The agreement includes Wi-Fi 8, ultra-wideband (UWB), Wi-Fi 7, advanced Bluetooth, and next-generation GPS/GNSS technologies for IoT and Android ecosystem applications.

The strategic benefits include solidifying Synaptics' leadership in end-to-end AI IoT connectivity, securing its Veros wireless product roadmap for 5+ years, and expanding into new markets including AR/VR platforms, Android smartphones, and consumer audio. The deal is expected to generate $40+ million in annualized sales and be immediately accretive to non-GAAP EPS.

The all-cash transaction is set to close on January 30, 2025, with further details to be discussed during the fiscal Q2 2025 investor conference call on February 6th, 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.11%
Tags
AI
-
Rhea-AI Summary

Synaptics (SYNA) has announced it will release its second quarter fiscal 2025 financial results on Thursday, February 6, 2025, after market close. The company will host a conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.91%
Tags
conferences earnings
-
Rhea-AI Summary

Synaptics (SYNA) has announced its upcoming participation in the 27th Annual Needham Growth Conference. The company's President and CEO, Michael Hurlston, is scheduled to present on Wednesday, January 15, 2025, at 10:30 AM PT. The presentation will be accessible via webcast, and interested parties can view the live stream or access a replay through the provided link at wsw.com/webcast/needham143/syna/2271566.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
conferences
Rhea-AI Summary

Synaptics (SYNA) has announced a strategic collaboration with Google to advance Edge AI technology for IoT devices. The partnership will integrate Google's MLIR-compliant ML core with Synaptics' Astra™ AI-Native hardware and open-source software platform.

The collaboration aims to accelerate the development of context-aware AI devices that can process multiple modalities including vision, image, voice, and sound. These applications will span across wearables, appliances, entertainment, embedded hubs, and monitoring systems in consumer, enterprise, and industrial sectors.

The Synaptics Astra platform combines low-power compute silicon with open-source software, tools, and wireless connectivity. This integration leverages Synaptics' expertise in neural networks and AI hardware design, while Google's ML core provides efficient open-source machine learning capabilities compliant with MLIR compiler standards.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.07%
Tags
AI

FAQ

What is the current stock price of Synaptics (SYNA)?

The current stock price of Synaptics (SYNA) is $52.04 as of April 3, 2025.

What is the market cap of Synaptics (SYNA)?

The market cap of Synaptics (SYNA) is approximately 2.5B.

What is the core business of Synaptics Inc?

Synaptics focuses on designing and manufacturing semiconductor solutions that enable advanced human interface technologies including touch, display, biometrics, and connectivity systems for various devices.

Which industries does Synaptics serve?

The company serves multiple markets including mobile, personal computing, IoT, automotive, and industrial sectors, offering products that enhance consumer and enterprise device interactions.

How does Synaptics generate revenue?

Synaptics generates revenue primarily through the development, marketing, and sale of semiconductor products, as well as through licensing advanced human interface technologies to device manufacturers.

What differentiates Synaptics from its competitors?

Synaptics differentiates itself with its deep R&D investments, extensive intellectual property portfolio, and the ability to integrate multiple experiential technologies like AI-enhanced connectivity and biometric security into its semiconductor solutions.

How does Synaptics address the needs of modern digital devices?

By combining innovations in touch technology, display control, and biometrics with advanced connectivity and edge AI processing, Synaptics creates products that deliver seamless, secure, and intuitive user experiences across a variety of platforms.

What role does research and development play at Synaptics?

R&D is a fundamental pillar at Synaptics, driving innovation in semiconductor design, multi-modal sensing, and AI-enhanced processing. This continuous investment enables the company to stay ahead of technological trends and meet evolving market demands.

Can you explain Synaptics' approach to integrating connectivity solutions?

Synaptics integrates sophisticated connectivity solutions by combining advanced semiconductor design with proven wireless technologies. This approach ensures reliable data transmission and enhanced performance across mobile, PC, and IoT devices.

How does Synaptics ensure its products remain relevant in a rapidly changing tech landscape?

The company’s focus on evergreen innovation through substantial R&D, strategic partnerships, and a diversified product portfolio allows it to continuously adapt and offer cutting-edge semiconductor solutions that meet the long-term needs of the industry.
Synaptics Inc

Nasdaq:SYNA

SYNA Rankings

SYNA Stock Data

2.50B
38.61M
1.45%
102.19%
11.55%
Semiconductors
Semiconductors & Related Devices
Link
United States
SAN JOSE