OPTX
Syntec Optics Holdings, Inc.

Syntec Optics Holdings, Inc.OPTX

Technology · Electronic Components
4.87USD
+29.35%
Nov 08, 2026
OPTX overview ready
Vertically Integrated Producer of Defense Electro-Optical Assemblies
Vertically integrated producer of custom precision optics, electro-optical assemblies, molded polymer and glass components, thin-film coatings, and related assemblies for defense OEMs and Tier 1 suppliers.
Primary theme is lagging
Optical / Photonics is lagging (-26.6pp vs SPY over 21 sessions; 1 of 12 members ahead of SPY).
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Unremarkable fundamentals
Primary risk
Dependence on defense spending and procurement cycles.
Market Nov 6Filing Jun 30Price action Nov 7Research Oct 7

Conviction Level

PriceAction5.4BusinessPerformance9.0BusinessQuality—Valuation2.5ThemeMomentum1.0Accelerating — Revenue growth has accelerated, rising from -7.9% to +26% year over year. Earnings turned positive: diluted EPS of $0.01 against a loss of -$0.01 a year earlier. — Accelerating describes growth momentum measured in recent filed quarters. It is not proof that the acceleration will continue.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−26.6pp
Theme return
−31.6%
Beating SPY
1 of 12
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$196.2M
Avg Volume (60D)
438.7K
60 sessions
Revenue Growth YoY
-1.3%
FY2025 vs FY2024
Gross Margin
+19.6%
Trailing twelve months
Operating Margin
-4.6%
Trailing twelve months
Free Cash Flow Yield
-0.2%
Distance from 200DMA
-40.5%
P/E
N/M
EV / Sales
6.3x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Accelerating

Revenue growth has accelerated, rising from -7.9% to +26% year over year. Earnings turned positive: diluted EPS of $0.01 against a loss of -$0.01 a year earlier.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthAccelerating
+26%
$8.3M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. -12%
  2. +2.5%
  3. -7.9%
  4. +26%
Earnings growthTurned profitable
$0.01
Diluted EPS $0.01 vs -$0.01 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
3.9%
+6.1 pp YoY · gross margin 25.9% (+1.5 pp)
The share count is rising

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

Two of the three valuation perspectives say expensive; intrinsic is the dissenting view.
Syntec Optics Holdings, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

What changed

  • OPTX rose 29.4% in one session
    OPTX closed +29.4% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Vertically integrated producer of custom precision optics, electro-optical assemblies, molded polymer and glass components, thin-film coatings, and related assemblies for defense OEMs and Tier 1 suppliers. OPTX is a genuine, though not pure-play, defense-electro-optics supplier.
Opportunity
Moderate opportunity
Procurement and modernization of defense electro-optical, imaging, sensing, display, targeting, and soldier-system components needed for connected battlefield awareness, surveillance, and mission systems.
Key risk
Dependence on defense spending and procurement cycles.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Electronic Components
What they do

Syntec Optics Holdings, Inc. manufactures and supplies precision optics and photonics components, assemblies, and systems, operating primarily in the U.S. Europe across defense, medical, industrial, and consumer markets.

How it earns

The company generates revenue through transactional sales of optics products and related assembly and coating services.

Products & services
Polymer-based optics
Optical assemblies
Electro-optics assemblies
Molded polymer and glass optic components
Opto-mechanical components
Nano machining
Thin films coating
Design and assembly services
Customers & end markets
Defense original equipment manufacturers (OEMs)
Tier 1 defense suppliers
Medical industry
Industrial sector
Consumer markets
Market position

Niche vertically integrated producer specializing in custom precision optics and electro-optical assemblies for defense OEMs and Tier 1 suppliers.

Demand drivers
Medium cyclicality

Demand is influenced by defense spending cycles and industrial market conditions.

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