Synaptics (NASDAQ:SYNA) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Synaptics (NASDAQ:SYNA) to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports. Northland Capmk also issued estimates for Synaptics’ Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.31 EPS, FY2026 earnings at $1.11 EPS, Q1 2027 earnings at $0.44 EPS, Q2 2027 earnings at $0.54 EPS, Q4 2027 earnings at $0.59 EPS and FY2027 earnings at $1.92 EPS.

SYNA has been the topic of a number of other research reports. Northland Securities initiated coverage on shares of Synaptics in a report on Tuesday. They set an “outperform” rating and a $85.00 price target on the stock. Zacks Research upgraded shares of Synaptics from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Barclays started coverage on Synaptics in a report on Monday, August 18th. They set an “overweight” rating and a $78.00 target price on the stock. TD Cowen boosted their price target on Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $85.00 price target on shares of Synaptics in a research note on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $87.88.

Synaptics Stock Up 0.0%

Shares of Synaptics stock opened at $75.94 on Tuesday. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of -65.46, a P/E/G ratio of 3.18 and a beta of 1.76. The stock has a 50-day simple moving average of $68.08 and a 200-day simple moving average of $66.89. Synaptics has a 52-week low of $41.80 and a 52-week high of $89.81. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. The firm had revenue of $292.50 million for the quarter, compared to analyst estimates of $289.93 million. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The company’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 earnings per share. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, equities research analysts expect that Synaptics will post 0.96 earnings per share for the current fiscal year.

Synaptics announced that its board has initiated a share buyback plan on Thursday, August 7th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the software maker to purchase up to 6.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Synaptics

Institutional investors have recently made changes to their positions in the business. Quarry LP boosted its stake in Synaptics by 220.0% during the 1st quarter. Quarry LP now owns 528 shares of the software maker’s stock valued at $34,000 after purchasing an additional 363 shares during the period. Optiver Holding B.V. increased its position in Synaptics by 40.2% in the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after buying an additional 351 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Synaptics by 443.1% during the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after buying an additional 514 shares during the last quarter. Finally, Signaturefd LLC boosted its position in shares of Synaptics by 480.3% in the second quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after acquiring an additional 586 shares during the period. 99.43% of the stock is currently owned by institutional investors.

Synaptics Company Profile

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.