Synaptics Appoints Rahul Patel as New CEO

Synaptics ( (SYNA) ) has issued an announcement.

On May 19, 2025, Synaptics Incorporated announced the appointment of Rahul Patel as President and CEO, effective by June 2, 2025. Patel, with extensive experience from Qualcomm and Broadcom, is expected to drive the company’s growth and innovation in processing, connectivity, and sensing solutions. This leadership change aims to strengthen Synaptics’ market position and enhance its technology roadmap, benefiting stakeholders by advancing the company’s strategic initiatives.

The most recent analyst rating on (SYNA) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on Synaptics stock, see the SYNA Stock Forecast page.

Spark’s Take on SYNA Stock

According to Spark, TipRanks’ AI Analyst, SYNA is a Outperform.

Synaptics’ overall stock score reflects a balanced financial profile with strong cash flow management and a solid balance sheet. While operational profitability is a concern due to negative EBIT margins, the company is well-positioned for future growth initiatives. Technical indicators suggest caution due to overbought conditions. The earnings call provided a positive outlook with significant growth in revenue and EPS, especially in the IoT and PC sectors, despite challenges in the automotive market.

To see Spark’s full report on SYNA stock, click here.

More about Synaptics

Synaptics Incorporated is a leader in the semiconductor industry, focusing on high-performance processing, connectivity, and sensing solutions. The company is known for its innovations in AI at the Edge, providing cutting-edge technology for intelligent connected devices across various sectors including home, work, and mobile environments.

Average Trading Volume: 544,279

Technical Sentiment Signal: Sell

Current Market Cap: $2.46B

See more data about SYNA stock on TipRanks’ Stock Analysis page.