| ON |
Report |
Q2 revenue |
IN-LINE |
pred ~$1.605B vs. cons $1.590B |
MEDIUM |
| ON |
Report |
Q2 non-GAAP gross margin |
BEAT |
pred ~39.5% vs. cons 39.0% |
MEDIUM |
| ON |
Report |
Q2 non-GAAP EPS |
BEAT |
pred ~$0.73 vs. cons $0.71 |
MEDIUM |
| ON |
Guide |
Q3 revenue guidance midpoint |
UNCHANGED |
guide ~$1.66B vs. cons $1.65B (2026 Q3) |
MEDIUM |
| ON |
Guide |
Q3 non-GAAP gross-margin guidance midpoint |
BETTER |
guide ~40.4% vs. cons 40.0% (2026 Q3) |
LOW |
| ON |
Guide |
Q3 non-GAAP EPS guidance midpoint |
BETTER |
guide ~$0.85 vs. cons $0.83 (2026 Q3) |
LOW |
| ON |
Guide |
AI data-center revenue outlook |
UNCHANGED |
guide ~$500M vs. cons ~$500M (full-year 2026) |
MEDIUM |
| ON |
Return |
Day-1 residual (stock − beta × S&P 500) |
+3.5% |
— |
MEDIUM |
| ON |
Return |
5-day cumulative residual |
+2.0% (STABILIZE) |
A modest Q2 margin/EPS beat and slightly constructive Q3 profitability guide should support the initial reaction, but Q3 revenue near consensus implies limited out-period estimate revisions; Synaptics dilution and integration concerns should cap follow-through. |
MEDIUM |