Synaptics Incorporated (NASDAQ:SYNA) Receives Average Recommendation of “Moderate Buy” from Analysts

Synaptics Incorporated (NASDAQ:SYNA) has earned a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $99.9091.

A number of equities research analysts have recently issued reports on the stock. Mizuho boosted their price target on shares of Synaptics from $94.00 to $103.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. lifted their target price on shares of Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Needham & Company LLC upped their price target on Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Northland Securities raised their price target on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a research report on Monday, December 29th. Finally, Wells Fargo & Company lifted their price objective on Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th.

Insider Activity

In other Synaptics news, insider Vikram Gupta sold 772 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the sale, the insider directly owned 95,996 shares in the company, valued at $7,830,393.72. This represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lisa Bodensteiner sold 7,182 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total transaction of $565,079.76. Following the sale, the insider directly owned 75,542 shares in the company, valued at $5,943,644.56. This represents a 8.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 11,026 shares of company stock valued at $875,689. 0.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Synaptics

Several institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC raised its position in shares of Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in Synaptics by 143.9% in the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock valued at $41,000 after purchasing an additional 351 shares in the last quarter. Optiver Holding B.V. increased its stake in Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after purchasing an additional 170 shares during the last quarter. Leonteq Securities AG acquired a new stake in Synaptics during the fourth quarter worth approximately $43,000. Finally, Nisa Investment Advisors LLC raised its holdings in Synaptics by 50.3% during the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock worth $46,000 after purchasing an additional 237 shares in the last quarter. Institutional investors and hedge funds own 99.43% of the company’s stock.

Synaptics Stock Performance

Shares of Synaptics stock opened at $77.06 on Wednesday. The business’s fifty day simple moving average is $83.78 and its 200-day simple moving average is $74.82. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. The firm has a market cap of $2.98 billion, a PE ratio of -48.47, a price-to-earnings-growth ratio of 3.30 and a beta of 1.68. Synaptics has a 52 week low of $41.80 and a 52 week high of $97.00.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The firm had revenue of $302.50 million for the quarter, compared to analyst estimates of $300.31 million. During the same period in the previous year, the firm earned $0.92 EPS. Synaptics’s revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities analysts forecast that Synaptics will post 0.96 earnings per share 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.