3 analysts' median target is $93[FMP target], stock is $73, +27.2% upside potential. After Q1 +2.3% EPS beat[FMP earnings], the stock moved +1.4%.
A = MoonshotScore 56[9-pillar formula] + Council 5/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q4 consensus: revenue $3.7B[FMP est], EPS $2.10[FMP est]. 5 consecutive quarters of beat[FMP earnings].
Q1 EPS +2.3% beat[FMP] but the stock +1.4% D+1[FMP D+1]. Brian Wenzel promised $0 CapEx + a sequential decline in Q4 during the Q1 earnings call[Brian Wenzel capex transcript].
Watchlist
Eps Guidance
eps_guidance
Synchrony remains on track to deliver between $9.10 and $9.50 in diluted earnings per share for 2026, with consistent risk-adjusted growth and strong capital generation.
"Putting all these elements together, Synchrony remains on track to deliver between $9.10 and $9.50 in diluted earnings per share, while also executing across key strategic priorities to deliver consistent risk-adjusted growth and strong capital generation."
- Brian Wenzel - Q1 FY26 Earnings Call - April 21, 2026
Purchase Volume Growth
purchase_volume_growth
Synchrony achieved a record first quarter purchase volume of $43 billion, a 6% increase.
"Synchrony started the year with strong momentum and delivered first quarter financial results that included record first quarter purchase volume of $43 billion, reflecting the enduring appeal of Synchrony's multiproduct suite."
- Brian Doubles - Q1 FY26 Earnings Call - April 21, 2026
Rsa Guidance
rsa_guidance
Synchrony expects RSAs to increase as program performance strengthens, but remain within its long-term range of 4% to 4.5% of average receivables.
"As program performance strengthens due to higher net interest income and lower losses compared to last year, we continue to expect RSAs to increase but remain within our long-term range of 4% to 4.5% of average receivables."
- Brian Wenzel - Q1 FY26 Earnings Call - April 21, 2026
Loan Receivables Growth
loan_receivables_growth
Synchrony achieved a positive inflection in ending loan receivables with an increase of approximately $477 million at the end of the first quarter.
"Ending loan receivables were flat at $100 billion, though we did achieve a positive inflection in ending loan receivables with an increase of approximately $477 million at the end of the first quarter."
- Brian Wenzel - Q1 FY26 Earnings Call - April 21, 2026
Net Charge Off Guidance
net_charge_off_guidance
Synchrony expects net charge-offs to be less than 5.5% for the full year 2026.
"We expect our net charge-offs to be less than 5.5% for the full year, and we remain focused on our disciplined approach to underwriting our business."
- Brian Wenzel - Q1 FY26 Earnings Call - April 21, 2026
Payment Rate Increase
payment_rate_increase
Synchrony's payment rate increased approximately 50 basis points compared to last year.
"Meanwhile, payment rate increased approximately 50 basis points compared to last year."
- Brian Doubles - Q1 FY26 Earnings Call - April 21, 2026
Stock Expert AI - Methodology
9-pillar methodology. Revenue Growth and Gross Margin strong. Operating Leverage weak.
How is it calculated? ->6 investor frameworks. 5 bullish (Ray Dalio, Ken Griffin, Klarman, Buffett, Munger), 0 bearish (none), 1 neutral (Jim Simons).
How is it calculated? ->Quality business, discounted price.
How is it calculated? ->Past Performance
Q1 (April 21, 2026): EPS $2.27 vs $2.22 est[FMP], +2.3% beat. D+1 movement: +1.4%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q1: EPS $2.27 vs $2.22 beat[FMP], stock +1.4% D+1[FMP].
No RPO/backlog concentration disclosed in Q1 earnings call.
Q1 CapEx $0[FMP cashflow]. Q1 op margin 16.3%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Tuesday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Tuesday evening. The framework is ready on this page: Q4 EPS threshold $2.10[FMP], CapEx threshold "below $0"[Brian Wenzel]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore 9-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This SYF (SYF) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.