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Stock impact report

Synaptics Worth A Look As IoT Grows And Margins Recover [Seeking Alpha]

Synaptics Incorporated (SYNA) 
Last synaptics incorporated earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.synaptics.com/node/5806
Company Research Source: Seeking Alpha
Legacy segments remain challenged and between weaker legacy lines and lack of commercial scale in new business, operating margins remain well off prior highs. I anticipate revenue growth acceleration and margin recovery as IoT edge-AI and communications offerings gain traction and legacy markets stabilize. SYNA appears undervalued below the mid-$80s, with fair value in the high-$80s to low-$90s if high-teens operating margins are achieved. Sumedha Lakmal/iStock via Getty Images Times have been tougher for semiconductor companies not strongly leveraged to datacenter/AI spending, and that includes Synaptics ( SYNA ), as growth in the IoT business has been offset by weakness in legacy mobile, auto, and enterprise This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation Show less Read more
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