Synaptics (NASDAQ:SYNA) Updates Q3 2026 Earnings Guidance

Synaptics (NASDAQ:SYNA) updated its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.850-1.150 for the period, compared to the consensus EPS estimate of 0.660. The company issued revenue guidance of $280.0 million-$300.0 million, compared to the consensus revenue estimate of $285.3 million.

Synaptics Stock Performance

Synaptics stock opened at $89.23 on Friday. The company’s 50-day moving average price is $80.62 and its 200-day moving average price is $72.33. 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 company has a market cap of $3.48 billion, a PE ratio of -56.12, a price-to-earnings-growth ratio of 3.66 and a beta of 1.72. Synaptics has a twelve month low of $41.80 and a twelve month high of $95.08.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.06. The company had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.76%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, equities research analysts forecast that Synaptics will post 0.96 EPS for the current fiscal year.

Analyst Ratings Changes

SYNA has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Susquehanna raised their price objective on Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Barclays reiterated an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a research report on Thursday, January 15th. Mizuho lifted their target price on shares of Synaptics from $94.00 to $103.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Craig Hallum reaffirmed a “hold” rating and set a $80.00 price target on shares of Synaptics in a research report on Friday. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $99.91.

Insiders Place Their Bets

In other Synaptics news, insider Vikram Gupta sold 694 shares of Synaptics 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 transaction, the insider directly owned 100,082 shares in the company, valued at approximately $7,506,150. The trade was a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lisa Bodensteiner sold 336 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $75.83, for a total transaction of $25,478.88. Following the completion of the sale, the insider owned 74,425 shares of the company’s stock, valued at $5,643,647.75. This trade represents a 0.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 8,906 shares of company stock valued at $698,177. 0.50% of the stock is owned by company insiders.

Trending Headlines about Synaptics

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Q2 fiscal 2026 results beat expectations — revenue $302.5M (up 13% YoY), non‑GAAP EPS $1.21, strong non‑GAAP gross margin (53.6%) and core IoT product sales +53% YoY, signaling product demand and margin leverage. GlobeNewswire Q2 Results
• Positive Sentiment: Management raised Q3 FY26 guidance well above consensus: EPS guidance $0.85–$1.15 (vs. street ~$0.66) and revenue guide $280–$300M (vs. street ~$285M) — this upside guide is a near-term earnings catalyst. Slide Deck / Press Release
• Positive Sentiment: Analysts lifted targets and ratings: Rosenblatt raised its target to $125 (buy) and Mizuho lifted its target to $103 (outperform), providing upside endorsement that can support further price appreciation. The Fly / Mizuho Benzinga (Rosenblatt)
• Positive Sentiment: Partnership news (42 Technology) on edge‑AI adoption in manufacturing highlights product/market expansion opportunities for Synaptics’ Edge AI and IoT portfolio. Partnership Article
• Neutral Sentiment: Investors and analysts can review the full earnings presentation and call transcripts for color on product mix, channel trends and margin drivers. Earnings Presentation Q2 Call Transcript
• Neutral Sentiment: Archival transcripts (Q1 2025) and third‑party post‑earnings analysis are available for deeper review of historical trends and analyst models. Yahoo Q1 2025 Transcript
• Negative Sentiment: GAAP figures remain mixed: the company reported a GAAP loss per share (~$0.38) and some metrics (net margin) still reflect legacy volatility — these items can limit valuation expansion until sustained GAAP profitability is visible. GAAP Results
• Negative Sentiment: Some market coverage noted an initial negative reaction (stock weakness/slip) as investors parsed guidance details and near‑term dynamics despite the beat — short‑term volatility may continue. Investing.com MSN

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp increased its stake in shares of Synaptics by 0.5% in the second quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock worth $132,181,000 after buying an additional 9,335 shares during the last quarter. AQR Capital Management LLC lifted its stake in Synaptics by 186.2% in the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock valued at $28,744,000 after buying an additional 288,523 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Synaptics by 21.3% during the third quarter. BNP Paribas Financial Markets now owns 273,418 shares of the software maker’s stock valued at $18,685,000 after acquiring an additional 48,075 shares during the period. Bank of America Corp DE grew its position in shares of Synaptics by 68.7% during the second quarter. Bank of America Corp DE now owns 238,298 shares of the software maker’s stock worth $15,446,000 after acquiring an additional 97,018 shares during the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Synaptics by 18.8% during the third quarter. Squarepoint Ops LLC now owns 235,528 shares of the software maker’s stock valued at $16,096,000 after purchasing an additional 37,259 shares in the last quarter. Institutional investors and hedge funds own 99.43% of the company’s stock.

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.