According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 12.2% and a 68.7% success rate. Srivastava covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Skyworks Solutions.
Currently, the analyst consensus on Synaptics is a Moderate Buy with an average price target of $189.38.
Based on Synaptics’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $470 million and net profit of $64.9 million. In comparison, last year the company earned revenue of $326 million and had a net profit of $13.8 million.
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Synaptics, Inc. engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices. It operates through the following geographical segments: China, Japan, United States, South Korea, Taiwan, and Other. The company was founded by Federico Faggin and Carver A. Mead in March 1986 and is headquartered in San Jose, CA.
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