Shares of Synaptics Incorporated (NASDAQ:SYNA – Get Free Report) have been given a consensus recommendation of “Hold” by the fourteen brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $123.9091.
A number of analysts have recently issued reports on SYNA shares. JPMorgan Chase & Co. raised their price target on shares of Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. TD Cowen lowered Synaptics from a “buy” rating to a “hold” rating in a research report on Friday, June 26th. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Needham & Company LLC cut Synaptics from a “buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, Rosenblatt Securities cut their price objective on Synaptics from $160.00 to $115.00 and set a “neutral” rating for the company in a research report on Friday.
Get Our Latest Analysis on Synaptics
More Synaptics News
- Positive Sentiment: Synaptics reported fiscal Q4 adjusted earnings of $1.23 per share, above the $1.21 consensus estimate and up from $1.01 a year earlier. Revenue increased 8.9% year over year to $308 million, also surpassing the $305.32 million estimate. Synaptics Surpasses Q4 Earnings and Revenue Estimates
- Positive Sentiment: The earnings beat, improving year-over-year revenue and stronger-than-expected quarterly performance provide near-term fundamental support for SYNA. Synaptics Reports Fourth Quarter and Full Year Fiscal 2026 Results
- Neutral Sentiment: Wells Fargo reduced its price target from $160 to $140 but maintained an Overweight rating, implying substantial potential upside from recent trading levels. Wells Fargo analyst action
- Neutral Sentiment: TD Cowen maintained a Hold rating with a $150 target, describing results as stable while flagging uncertainty related to the onsemi acquisition. TD Cowen maintains Hold on Synaptics
- Negative Sentiment: Rosenblatt Securities cut its price target sharply from $160 to $115 and downgraded its stance to Neutral, signaling more limited confidence in the stock’s valuation and near-term upside. Rosenblatt analyst action
Insider Buying and Selling at Synaptics
In other Synaptics news, insider Vikram Gupta sold 360 shares of Synaptics stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $114.20, for a total transaction of $41,112.00. Following the completion of the sale, the insider directly owned 81,226 shares in the company, valued at $9,276,009.20. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Esther Song sold 8,833 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the transaction, the insider owned 12,421 shares in the company, valued at approximately $1,753,472.57. This represents a 41.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,649 shares of company stock worth $1,603,484 over the last three months. Insiders own 0.50% of the company’s stock.
Institutional Investors Weigh In On Synaptics
A number of institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC acquired a new position in Synaptics during the 2nd quarter worth about $25,000. CIBC Private Wealth Group LLC boosted its holdings in Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after acquiring an additional 190 shares during the period. Leonteq Securities AG acquired a new position in Synaptics in the 4th quarter valued at about $43,000. Lazard Asset Management LLC purchased a new stake in Synaptics during the second quarter worth about $54,000. Finally, Global Retirement Partners LLC purchased a new stake in Synaptics during the second quarter worth about $61,000. 99.43% of the stock is owned by institutional investors and hedge funds.
Synaptics Trading Up 4.0%
Shares of SYNA opened at $106.19 on Friday. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62. Synaptics has a 12-month low of $58.28 and a 12-month high of $149.11. The firm has a 50-day moving average price of $123.61 and a 200 day moving average price of $102.07. The firm has a market capitalization of $4.10 billion, a P/E ratio of -8.39 and a beta of 1.99.
Synaptics (NASDAQ:SYNA – Get Free Report) last issued its earnings results on Thursday, August 6th. The software maker reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.02. The company had revenue of $308.00 million for the quarter, compared to the consensus estimate of $305.32 million. Synaptics had a negative net margin of 41.00% and a positive return on equity of 4.01%. Synaptics’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 earnings per share. Sell-side analysts forecast that Synaptics will post 1.75 EPS for the current year.
Synaptics Company Profile
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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