Synaptics (NASDAQ:SYNA) Given New $110.00 Price Target at Barclays

Synaptics (NASDAQ:SYNA) had its price objective lifted by Barclays from $100.00 to $110.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the software maker’s stock.

Other research analysts have also recently issued reports about the company. Zacks Research cut Synaptics from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Northland Securities set a $123.00 price objective on Synaptics in a research report on Friday. Craig Hallum reaffirmed a “hold” rating and set a $95.00 price objective on shares of Synaptics in a research report on Friday. Mizuho set a $128.00 price objective on Synaptics in a research report on Friday. Finally, Susquehanna upped their target price on Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a research report on Friday. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.18.

Synaptics Stock Up 18.6%

Shares of SYNA opened at $125.43 on Friday. The stock has a market capitalization of $4.86 billion, a PE ratio of -101.15, a P/E/G ratio of 4.01 and a beta of 1.86. Synaptics has a 1 year low of $57.54 and a 1 year high of $129.78. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. The company’s 50-day simple moving average is $79.18 and its 200-day simple moving average is $77.86.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. Synaptics had a positive return on equity of 4.29% and a negative net margin of 4.10%.The company had revenue of $294.20 million for the quarter, compared to the consensus estimate of $290.51 million. During the same quarter in the prior year, the business earned $0.90 EPS. Synaptics’s revenue was up 10.4% on a year-over-year basis. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Analysts forecast that Synaptics will post 1.18 earnings per share for the current fiscal year.

Insider Activity at Synaptics

In related news, insider Lisa Bodensteiner sold 1,798 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $81.87, for a total value of $147,202.26. Following the completion of the transaction, the insider directly owned 65,183 shares of the company’s stock, valued at $5,336,532.21. This trade represents a 2.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Vikram Gupta sold 1,548 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $92.90, for a total value of $143,809.20. Following the transaction, the insider directly owned 87,382 shares of the company’s stock, valued at $8,117,787.80. The trade was a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 7,348 shares of company stock valued at $618,827 over the last ninety days. 0.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Synaptics

A number of hedge funds and other institutional investors have recently made changes to their positions in SYNA. Price T Rowe Associates Inc. MD grew its position in shares of Synaptics by 469.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock valued at $60,304,000 after purchasing an additional 671,647 shares during the period. Ameriprise Financial Inc. boosted its holdings in Synaptics by 10.0% in the third quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after acquiring an additional 594,235 shares during the last quarter. AQR Capital Management LLC grew its position in Synaptics by 186.2% during the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock valued at $28,744,000 after acquiring an additional 288,523 shares during the period. Primecap Management Co. CA purchased a new stake in Synaptics during the fourth quarter valued at about $15,670,000. Finally, JPMorgan Chase & Co. grew its position in Synaptics by 51.1% during the third quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after acquiring an additional 184,303 shares during the period. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Key Stories Impacting Synaptics

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Synaptics reported Q3 adjusted EPS of $1.09, topping estimates, with revenue of $294.2 million also beating consensus; management said core IoT product sales jumped 31% year over year and highlighted multiple design wins in physical AI and robotics. Article: Synaptics Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: The company issued Q4 EPS guidance of $1.05 to $1.35, above the analyst estimate of $0.95, which suggests better near-term earnings momentum.
• Positive Sentiment: Analysts turned more constructive after the results: JPMorgan raised its target to $115 with an overweight rating, Barclays lifted its target to $110 with an overweight rating, and Susquehanna increased its target to $125 with a positive rating.
• Neutral Sentiment: Synaptics also released an earnings call transcript and follow-up analysis pieces that largely reinforced the upbeat earnings picture rather than adding a new catalyst. Article: Synaptics Incorporated (SYNA) Q3 2026 Earnings Call Transcript Article: Synaptics (SYNA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Article: Synaptics (SYNA) Beats Q3 Earnings and Revenue Estimates

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.