Susquehanna Forecasts Strong Price Appreciation for Synaptics (NASDAQ:SYNA) Stock

Synaptics (NASDAQ:SYNA) had its price objective boosted by research analysts at Susquehanna from $95.00 to $105.00 in a note issued to investors on Thursday, Marketbeat reports. The brokerage currently has a “positive” rating on the software maker’s stock. Susquehanna’s target price indicates a potential upside of 22.66% from the company’s previous close.

A number of other equities analysts also recently issued reports on SYNA. Mizuho set a $94.00 price target on shares of Synaptics in a report on Friday, January 9th. Oppenheimer restated a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Barclays reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. Finally, Northland Securities boosted their price target on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.56.

Synaptics Stock Performance

Shares of SYNA stock opened at $85.60 on Thursday. The company has a market cap of $3.34 billion, a price-to-earnings ratio of -73.79, a price-to-earnings-growth ratio of 3.68 and a beta of 1.71. The stock has a 50 day simple moving average of $76.29 and a 200-day simple moving average of $71.07. Synaptics has a 12-month low of $41.80 and a 12-month high of $94.59. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60.

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

Insiders Place Their Bets

In other Synaptics news, insider Vikram Gupta sold 694 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total transaction of $52,050.00. Following the sale, the insider owned 100,082 shares in the company, valued at approximately $7,506,150. This represents a 0.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Bodensteiner sold 336 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total value of $25,478.88. Following the completion of the transaction, the insider directly owned 74,425 shares of the company’s stock, valued at approximately $5,643,647.75. This trade represents a 0.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 8,906 shares of company stock worth $698,177. 0.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Synaptics

Hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC increased its stake in Synaptics by 0.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock valued at $1,146,000 after purchasing an additional 134 shares during the last quarter. Retirement Systems of Alabama boosted its stake in Synaptics by 0.3% in the 4th quarter. Retirement Systems of Alabama now owns 59,295 shares of the software maker’s stock worth $4,389,000 after buying an additional 192 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Synaptics by 3.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,617 shares of the software maker’s stock valued at $490,000 after buying an additional 239 shares during the period. NorthCrest Asset Manangement LLC grew its holdings in Synaptics by 10.5% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 5,036 shares of the software maker’s stock valued at $399,000 after buying an additional 477 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Synaptics by 21.9% during the 4th quarter. GAMMA Investing LLC now owns 1,414 shares of the software maker’s stock valued at $105,000 after acquiring an additional 254 shares during 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.