Rosenblatt Securities Issues Positive Forecast for Synaptics (NASDAQ:SYNA) Stock Price

Synaptics (NASDAQ:SYNAGet Free Report) had its target price lifted by investment analysts at Rosenblatt Securities from $95.00 to $125.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. Rosenblatt Securities’ target price points to a potential upside of 43.17% from the company’s current price.

A number of other research firms have also commented on SYNA. Northland Securities lifted their target price on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Monday, December 29th. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Synaptics in a report on Friday, November 7th. Barclays reaffirmed an “overweight” rating and set a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. TD Cowen raised their price objective on Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a report on Tuesday, December 16th. Nine equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Synaptics currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.89.

Read Our Latest Research Report on Synaptics

Synaptics Stock Performance

Shares of SYNA opened at $87.31 on Friday. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. The stock has a market cap of $3.40 billion, a P/E ratio of -75.27, a P/E/G ratio of 3.67 and a beta of 1.72. The business’s 50 day moving average price is $80.21 and its 200-day moving average price is $72.18. Synaptics has a 52 week low of $41.80 and a 52 week high of $94.59.

Synaptics (NASDAQ:SYNAGet Free Report) last released its earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06. The firm had revenue of $302.50 million for the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The company’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities research analysts anticipate that Synaptics will post 0.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Lisa Bodensteiner sold 7,182 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total value of $565,079.76. Following the sale, the insider directly owned 75,542 shares in the company, valued at approximately $5,943,644.56. This represents a 8.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Vikram Gupta sold 694 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total value of $52,050.00. Following the completion of the transaction, the insider directly owned 100,082 shares in the company, valued at $7,506,150. This trade represents a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 8,906 shares of company stock worth $698,177. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. grew its position in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after buying an additional 594,235 shares in the last quarter. Norges Bank bought a new stake in shares of Synaptics in the 2nd quarter valued at about $25,876,000. AQR Capital Management LLC lifted its position in shares of Synaptics by 186.2% in the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after purchasing an additional 288,523 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Synaptics by 51.1% during the third quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after purchasing an additional 184,303 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in Synaptics by 376.6% in the second quarter. Squarepoint Ops LLC now owns 198,269 shares of the software maker’s stock worth $12,852,000 after buying an additional 156,671 shares in the last quarter. Institutional investors own 99.43% of the company’s stock.

Key Synaptics News

Here are the key news stories impacting Synaptics this week:

  • Positive Sentiment: Q2 beat — Non‑GAAP EPS of $1.21 vs. $1.15 consensus and revenue $302.5M vs. ~$300M consensus; revenue grew ~13% YoY. Strong results support near‑term earnings momentum. Synaptics Reports Second Quarter Fiscal 2026 Results
  • Positive Sentiment: Raised/above‑consensus EPS guidance for Q3 FY2026: EPS guidance of $0.85–$1.15 vs. street ~$0.66 — signals management expects continued profitability on a non‑GAAP basis. Q2 2026 Earnings Call Transcript
  • Positive Sentiment: Product mix tailwinds — Core IoT product sales grew ~53% YoY and non‑GAAP gross margin reported at 53.6%, highlighting improving mix and margin potential. Slide Deck / Press Release
  • Neutral Sentiment: Detailed materials available — full earnings slide deck and call transcript provide more detail on segment trends and customer cadence for investors who want to dig deeper. Q2 Results – Earnings Call Presentation
  • Positive Sentiment: Partnerships expanding Edge AI footprint — Synaptics announced a manufacturing/Edge AI partnership that could support long‑term IoT/edge growth (positive for revenue diversification). 42 Technology and Synaptics partner to accelerate Edge AI adoption
  • Negative Sentiment: Market reaction muted/negative — despite the beat and upside EPS guide, some investors sold shares after management’s revenue/guidance details and forward commentary, suggesting worries about near‑term demand mix or that the revenue guidance range left uncertainty. Synaptics falls as investors focus on Q3 guidance despite Q2 beat
  • Negative Sentiment: GAAP metrics and profitability quirks — company still showed a GAAP loss (and a negative net margin), which can temper enthusiasm despite non‑GAAP profitability and higher margins. How Key Metrics Compare to Wall Street Estimates

About Synaptics

(Get Free Report)

Synaptics Incorporated is a global developer and supplier of human interface solutions for computing, networking, communications, and entertainment devices. The company specializes in the design, development and integration of custom chips and software that enable intuitive, natural user interactions. Synaptics solutions support touch, display, audio and biometrics functions, facilitating seamless human-to-machine interfaces across a broad range of end markets.

Key product offerings include touch controllers for laptops and tablets, capacitive touchscreens and display drivers for mobile devices, fingerprint sensors and secure authentication modules, as well as advanced audio processing and voice enhancement technologies.

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Analyst Recommendations for Synaptics (NASDAQ:SYNA)

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