SYNA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Synaptics' strong foothold in the growing IoT market and strategic partnerships with firms like Broadcom position it for potential growth, despite recent price declines.




Bearish Case: Ongoing financial underperformance, high implied volatility, and strong market competition suggest potential for continued price decline in the near term.




Potential Outcomes: 50% chance of moderate gains from IoT growth, 30% stagnation amid competition, 20% decline due to underperformance.




Trading Oracle: Initiate a bearish credit spread by selling the $80 call and buying the $85 call, leveraging elevated implied volatility. Short-term strategy with moderate negative outlook due to high competition and financial uncertainty. High reward:risk ratio and good probability of profit within a 3-month horizon.



February 08, 2025


Synaptics Forecast

SYNA        Synaptics











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