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Synaptics Appoints Rahul Patel as New CEO

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Synaptics Appoints Rahul Patel as New CEO

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Synaptics ( (SYNA) ) has shared an announcement.

On May 21, 2025, Synaptics announced the appointment of Rahul Patel as the new CEO, effective by June 2, 2025, following the resignation of the previous CEO. To ensure leadership stability, the Compensation Committee awarded Ken Rizvi, the interim CEO, a retention equity award of 21,157 restricted stock units, which will vest quarterly, provided he remains employed. The award terms include provisions for immediate vesting under certain termination conditions.

The most recent analyst rating on (SYNA) stock is a Buy with a $80.00 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’ stock score is supported by strong financial performance in cash flow and a solid balance sheet, alongside positive sentiment from recent earnings and corporate events. Technical indicators show short-term strength, though longer-term caution is advised. The reasonable valuation with a focus on growth initiatives and strategic leadership changes further bolster the stock’s attractiveness.

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

More about Synaptics

Synaptics Incorporated operates in the technology industry, focusing on developing and supplying semiconductor solutions for various applications, including mobile, automotive, and consumer electronics.

Average Trading Volume: 540,150

Technical Sentiment Signal: Sell

Current Market Cap: $2.34B

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

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