SYNA Stock Recent News

Solidifies wireless roadmap with Wi-Fi 8 and UWB, grows addressable market, and expands its Android™ ecosystem Solidifies wireless roadmap with Wi-Fi 8 and UWB, grows addressable market, and expands its Android™ ecosystem

Synaptics' FY2024 revenue declined by 29%, primarily due to weak Core IoT and Enterprise/Automotive segments, despite a recovery in the Mobile segment. Management's growth targets are optimistic, projecting a 10-15% CAGR, driven mainly by Core IoT, which is expected to grow at 25-30% CAGR. Our competitive analysis shows Synaptics' wireless chips lag behind top competitors, but its IoT processors are strong, ranking second among peers.

SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the second quarter of fiscal 2025 on Thursday, February 6, 2025, after the market closes. The Company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET), during which management may discuss forward-looking information.

SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in an upcoming investor conference.

Synaptics May Face Near-Term Headwinds Before Mass Production

Shares of Synaptics (SYNA) surged more than 6% Thursday after the developer of technology for the Internet of Things (IoT) announced an artificial intelligence (AI) collaboration with Alphabet's (GOOGL) Google.

The shares of Synaptics Inc (NASDAQ:SYNA) are up 5.9% at $80.85 at last glance, after news that the semiconductor name is partnering with Google parent Alphabet (GOOGL) to enhance artificial intelligence (AI) for the internet-of-things (IoT) network.

Synaptics says the partnership reflects a ‘shared vision' to advance artificial intelligence.

The collaboration will integrate Google's ML core with Synaptics Astra™ AI-Native hardware and open-source software to accelerate the development of context-aware devices. The collaboration will integrate Google's ML core with Synaptics Astra™ AI-Native hardware and open-source software to accelerate the development of context-aware devices.

SAN JOSE, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the first quarter of fiscal 2025 on Thursday, November 7, 2024, after the market closes. The Company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET), during which management may discuss forward-looking information.