Synaptics (NASDAQ:SYNA) Announces Quarterly Earnings Results

Synaptics (NASDAQ:SYNA) posted its earnings results on Thursday. The software maker reported $1.23 EPS for the quarter, topping the consensus estimate of $1.21 by $0.02, FiscalAI reports. Synaptics had a negative net margin of 41.00% and a positive return on equity of 4.01%. The firm had revenue of $308.00 million for the quarter, compared to the consensus estimate of $305.32 million. During the same period in the prior year, the business posted $1.01 earnings per share. The business’s quarterly revenue was up 8.9% on a year-over-year basis.

Synaptics Stock Performance

Shares of NASDAQ SYNA traded up $4.09 during trading hours on Friday, hitting $106.19. 582,750 shares of the company’s stock were exchanged, compared to its average volume of 748,544. The company’s 50-day moving average price is $123.61 and its 200-day moving average price is $102.07. Synaptics has a 1-year low of $58.28 and a 1-year high of $149.11. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of -8.39 and a beta of 1.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39.

Wall Street Analysts Forecast Growth

SYNA has been the subject of several recent analyst reports. Barclays reiterated an “equal weight” rating and set a $135.00 price target (up from $110.00) on shares of Synaptics in a research note on Friday, June 26th. Wells Fargo & Company reduced their target price on Synaptics from $160.00 to $140.00 and set an “overweight” rating for the company in a report on Friday. Northland Securities cut Synaptics from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. TD Cowen downgraded Synaptics from a “buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, Rosenblatt Securities dropped their price target on shares of Synaptics from $160.00 to $115.00 and set a “neutral” rating on the stock in a research report on Friday. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $123.91.

Synaptics News Summary

Here are the key news stories impacting Synaptics this week:

• 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

Insiders Place Their Bets

In other Synaptics news, insider Lisa Bodensteiner sold 612 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total value of $70,275.96. Following the completion of the sale, the insider directly owned 63,106 shares of the company’s stock, valued at $7,246,461.98. This represents a 0.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikram Gupta sold 692 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total transaction of $79,462.36. Following the transaction, the insider owned 84,126 shares in the company, valued at approximately $9,660,188.58. The trade was a 0.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,649 shares of company stock valued at $1,603,484 in the last three months. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

A number of institutional investors have recently added to or reduced their stakes in SYNA. State Street Corp raised its holdings in Synaptics by 0.5% in the 2nd quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock valued at $132,181,000 after acquiring an additional 9,335 shares in the last quarter. Orbis Allan Gray Ltd lifted its position in shares of Synaptics by 9.9% in the 4th quarter. Orbis Allan Gray Ltd now owns 1,536,228 shares of the software maker’s stock worth $113,712,000 after acquiring an additional 137,926 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Synaptics by 469.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock worth $60,304,000 after purchasing an additional 671,647 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Synaptics by 2.6% during the 4th quarter. Victory Capital Management Inc. now owns 769,766 shares of the software maker’s stock worth $56,978,000 after purchasing an additional 19,706 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Synaptics by 4.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 520,119 shares of the software maker’s stock valued at $38,499,000 after purchasing an additional 20,313 shares during the period. 99.43% of the stock is owned by institutional investors and hedge funds.

About Synaptics

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.