Synaptics (NASDAQ:SYNA) Price Target Raised to $106.00

Synaptics (NASDAQ:SYNA) had its price objective lifted by Northland Securities from $85.00 to $106.00 in a research report released on Monday,Benzinga reports. They currently have an outperform rating on the software maker’s stock.

SYNA has been the subject of a number of other reports. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research report on Sunday. Needham & Company LLC reiterated a “buy” rating and issued a $85.00 price objective on shares of Synaptics in a report on Friday, November 7th. Oppenheimer reissued a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Finally, Northland Capmk raised shares of Synaptics to a “strong-buy” rating in a research report on Tuesday, December 2nd. Two research analysts have 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. According to MarketBeat, Synaptics currently has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Synaptics Stock Performance

Shares of SYNA stock opened at $74.02 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.31 and a current ratio of 2.86. Synaptics has a 52 week low of $41.80 and a 52 week high of $89.81. The company’s 50 day moving average price is $70.88 and its two-hundred day moving average price is $68.78. The company has a market capitalization of $2.89 billion, a P/E ratio of -63.81, a price-to-earnings-growth ratio of 3.14 and a beta of 1.76.

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

Insider Buying and Selling at Synaptics

In other Synaptics news, insider Vikram Gupta sold 694 shares of the 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 completion of the sale, the insider owned 100,082 shares in the company, valued at $7,506,150. This trade represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Lisa Bodensteiner sold 336 shares of Synaptics 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,906 shares of company stock worth $698,177 over the last ninety days. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Synaptics

A number of institutional investors have recently bought and sold shares of the business. Nordea Investment Management AB bought a new stake in Synaptics in the 2nd quarter valued at $6,991,000. Norges Bank bought a new position in Synaptics during the 2nd quarter worth $25,876,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Synaptics during the second quarter worth $750,000. Inceptionr LLC acquired a new stake in shares of Synaptics during the second quarter worth $342,000. Finally, Icon Advisers Inc. Co. bought a new stake in shares of Synaptics in the second quarter valued at about $1,381,000. 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.