Synaptics Incorporated (SYNA)

Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil PlummetsJune 26, 2026 8:54 AM
IH Market News The mood in the Wall Street pre-market is one of strong risk aversion. Investors are reacting pessimistically to reports that OpenAI may delay its highly anticipated initial public offering (IPO), which has reignited doubts about actual financial returns compared to the astronomical infrastructure costs of Artificial Intelligence (AI). At 8:02 AM ET, Dow Jones index futures are down 38 points, or 0.07%. S&P 500 futures are down 34.50 points, or 0.46%. Nasdaq futures are dropping 342.25 points, or 1.15%. The 10-year Treasury yield is down to 4.382%. Volatility is amplified by a shift in macroeconomic expectations, as the market digests the possibility of further interest rate hikes by the Federal Reserve (Fed). Friday’s economic calendar begins with the release of preliminary data for the Goods Trade Balance and Wholesale Inventories for May, both published at 9:30 AM ET. At 11:00 AM ET, the final June data from the University of Michigan (UoM) will be released, including the Consumer Sentiment Index and, most notably, the 1-year Inflation Expectations (projected at 4.6%) and 5-year Inflation Expectations (projected at 3.4%). Shortly after, FOMC members will speak: Williams at 11:30 AM ET and Kashkari at 12:30 PM ET. The OpenAI Effect and the Semiconductor Tumble According to The New York Times, OpenAI is considering delaying its IPO. Reasons include the weak performance of SpaceX shares following its market debut and fears of sector volatility. JPMorgan and market analysts warn that this could slow down investments in technological infrastructure. As a result, the chip and memory sector suffered sharp global losses: Top Losses in Focus (US & Global) On Semiconductor (NASDAQ:ON): ? Drops more than 14% (after announcing the acquisition of Synaptics for $7 billion in stock). Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK): ? Fall around 4.8% (giving back part of the previous day’s gains). Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL), Advanced Micro Devices (NASDAQ:AMD), and Intel (NASDAQ:INTC): Decline between 3% and 4%. SoftBank Group (Asia): ? Led losses in the region with a decline of over 12%, reflecting its heavy exposure as an OpenAI investor. ASML & Infineon (Europe): Drop 1.4% and 3.6%, respectively. Oil in Free Fall Despite rising geopolitical tensions in the Persian Gulf—following reports of an attack attributed to Iran against a Singaporean cargo ship in the Strait of Hormuz—investInvestors preferred to focus on the risks of a global economic slowdown, pushing energy commodities downward. At 8:12 AM ET, Brent crude oil contracts for August are down 3.4%, trading at $72.73 a barrel. US WTI crude oil is down 3.1%, trading at $69.73 a barrel. Energy Stocks: APA Corporation, Diamondback Energy, and Occidental Petroleum are trading down 1% to 1.5%. Gold Attempts to Stabilize The precious metal is attempting a slight technical recovery today, driven by US inflation data that came in flat, but the medium-term outlook remains challenging. Despite the daily gain, trading at $4,063, gold is on track to close its fourth consecutive week of losses, pressured by the specter of higher US interest rates. Silver follows the slight upward movement today, but also closes the week in negative territory. Against the Trend: Positive Highlights Amid the sea of red, a few companies managed to post gains in the pre-market: Synaptics (NASDAQ:SYNA): Rises 4.8% (boosted by On Semiconductor’s acquisition announcement). Rocket Lab (NASDAQ:RKLB): Rises 1.1% (after securing a NASA contract for launch services for two solar and climate research missions). Apple (NASDAQ:AAPL): Rises 0.7% (attempting a slight technical recovery after plunging 6.12% in the previous session, driven by price increases for iPads and MacBooks due to component costs). The post Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets appeared first on US Editors. Original: Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets

SYNA cpps 143.69
curr 20 day 114.20
curr 50 day at 91.28

several new buy upgrades today (8/6/21) ranging from PT of 175 to 220

News: $SYNA Synaptics Buying Rights to a Set of Broadcom IoT Technologies

Broadcom (NASDAQ: AVGO) is about to pocket hundreds of millions of dollars by divesting a set of internet of things (IoT) assets. The buyer, human interface hardware and software maker Synaptics (NASDAQ: SYNA) , has signed an agreement to buy "certain assets and manufacturing rights" co...

Got this from SYNA - Synaptics Buying Rights to a Set of Broadcom IoT Technologies

$SYNA must see Synaptics Incorporated Nasdaq Syna Short Squeeze

News: $SYNA Synaptics (SYNA) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool. Synaptics   (NASDAQ: SYNA) Q1 2020 Earnings Call Nov 07, 2019 , 5:00 p.m. ET Operator Continue reading

Got this from SYNA - Synaptics (SYNA) Q1 2020 Earnings Call Transcript

News: $SYNA Synaptics Reports Results for First Quarter Fiscal 2020

Business Highlights Michael Hurlston joins Synaptics as new president and chief executive officer Dean Butler joins Synaptics as new chief financial officer GAAP gross margin in the first quarter was 31.7 percent and Non-GAAP gross margin was 41.5 percent, which was the first quarte...

Find out more SYNA - Synaptics Reports Results for First Quarter Fiscal 2020

News: $SYNA Synaptics to Showcase Smart Edge AI, Turnkey Media Streamer Solutions at IBC 2019

AMSTERDAM, Netherlands and SAN JOSE, Calif., Sept. 09, 2019 (GLOBE NEWSWIRE) -- IBC 2019 CONFERENCE -- Synaptics® Incorporated (NASDAQ: SYNA ), the leading developer of human interface solutions, today announced it will showcase new edge computing demonstrations featuring its...

Find out more SYNA - Synaptics to Showcase Smart Edge AI, Turnkey Media Streamer Solutions at IBC 2019

News: $SYNA Synaptics, Skyworth Partner on Turnkey Android TV Media Streaming Solution Enabling Fast Time-to-Market for Pay TV Operators

AMSTERDAM, Netherlands and SAN JOSE, Calif., Sept. 09, 2019 (GLOBE NEWSWIRE) -- IBC 2019 CONFERENCE  -- Synaptics ® Incorporated (NASDAQ: SYNA ), the leading developer of human interface solutions, today announced they are partnering with industry-leading media streamer ODM Sky...

In case you are interested SYNA - Synaptics, Skyworth Partner on Turnkey Android TV Media Streaming Solution Enabling Fast Time-to-Market for Pay TV Operators

Synaptics is under intense investor pressure to pursue a sale. This is why the stock has risen of the last few consecutive days. Blackrock and Fisher Investments are taking a more activist role. Another poor report and cut guidance could accelerate the sale process.

Synaptics under serious investor pressure to sell the company. BlackRock and Fisher Investments about to file joint 13D

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The board at Synaptics is under major pressure to sell the company. BlackRock and Fisher Investments are going to file a joint 13D.
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Friday's big move upward:

https://finance.yahoo.com/news/synaptics-syna-focus-stock-moves-125412671.html

There's a big move upward today on heavy volume.

Nice move upward today on "upgrade."



I'd like to see some more convincing volume, however.

Congratulations on the investment/trade. I also sold half mine when she hit $50 not too long ago hope to ride out other half and moving my stop up I got into SYNA not long ago.

Hi GF, Re: Big move today for SYNA.............

I couldn't resist and sold 10% of my position. Still lots of cheap shares left to sell and also some very expensive ones. I started this position back in Sept of 2016 and it's been a tough one with which to work. It's now back to around break-even and I have 50% more shares now than when I started.


This most recent trade turned in a 27% gain from the most recent buy. It would be nice if this turns into a long term trend. It's tested my patience for a long time. Value Line is still giving it a $60 to $95 range expectation in the next 3.5 years. Their Financial Strength rating is "A". (Dec 8, 2017 report)

I love SYNA today up over 13%

Nobody loves SYNA any more.

Is it time to buy?

Synaptics Incorporated $SYNA is expected to report earnings on Thursday after the market closes and five valuation models conclude that shares are over 40% undervalued. This compares to Wall Street's consensus upside of over 20% derived from 12 analysts. Shares are also trading near their 52-week low.

10 Value Stocks to Watch In This Uncertain Trump Market

Mizuho upgraded Synaptics $SYNA to Buy today. Yup... nice upside: valuation

They not even close to that

When this buyout coming bro lol

Stock not saying like it will

$125 a SHARE and they will get it...

http://fortune.com/2015/09/30/synaptics-chinese-acquisition-offer/?xid=soc_socialflow_twitter_FORTUNE

They rejected the bid for 110 want 125 and i absolutely think they will get it

What thinking about price 110? Or more .. I just want this baby to run Tom

It was actually 110 looking for 125

Nothiibg is ever a lock but this is close and think it will happen anytime now

Agree ......this has more upside.......high growth......but volatile,
Fletch

100 is a lot wonder why they turned it down ..hopefully keeps running

Added 1200 today at 74, this is almost too good to be true with the rejecred offer, now they have to let the cat out of the bag, unbelievable opportunity here

Not any on this board right now but...........................Nice candle,
Fletch

lets see if earnings are good......a higher $ today can mean......YES,
Fletch

Gap filled. Must have been a fund liquidating some this morning. Should run up hard into the new year imo

One more gap to fill at $61.32. Hope it doesn't get there but it's hard to believe the price fell as low as it did. Pays to always have some cash for bargins,
Fletch

Hey Buddy,
I'm not sure if it's a good buy but I bought SYNA today well below $70 :>) .
GLTUs both,
Fletch

perhaps it will fill the $83 gap on your chart in time, i'll sit and wait and not chase the stock. I will cycle my profits off from FB once the 3rd stage base is complete though. FB is preparing to breakout of it's cup with handle, could see the run to $85 -$95 when complete.

Anyways, SYNA has 65% market share of all cell phone controllers and biometric devices in cellular phones. Payment by mobile device via near field communication to point of sale machines in a retail environment will be the next big thing with mobile. Why carry a wallet when you can pay for everything with your phone? SYNA produces the controllers and biometrics. Good news here is they manufacture to everyone (Apple, Samsung) so they are not levered to one brand. iPhone 6 will do nothing but propel sales for SYNA.

Hey Buddy,
No.......I didn't see that.....Thanks. I don't trade a lot but SYNA is one I sold. I'm now looking to get back in it and was hoping for 70 or so. May just sit waiting for an end of summer sale,
Fletch :>)

You're on FB boards and SYNA too! Wise choice to be bullish on both. Did you see the SYNA article in Barron's this weekend?

New highs soon?
Fletch

Another short covering rally day. This one I'm long because I like their tech but saw that it's small float is like 1/3 shorted.
Fletch

$46-47 nov calls looking good tomorrow...

SELL SELL SELL...look at the the last 10Q and the inventory numbers.

Nice move in this big board tech stock

Let´s see how well it keeps moving!
Good News and Chart looks Really Good

SYNA @ 32.44