Synaptics (NASDAQ:SYNA) Raised to Hold at Zacks Research

Synaptics (NASDAQ:SYNA) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on the company. Craig Hallum restated a “hold” rating and set a $95.00 target price on shares of Synaptics in a research report on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a report on Tuesday, April 21st. Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a research report on Saturday. TD Cowen reissued a “buy” rating on shares of Synaptics in a report on Friday, February 6th. Finally, Susquehanna upped their target price on shares of Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a research report on Friday. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $114.18.

Synaptics Price Performance

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

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings data 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 negative net margin of 4.10% and a positive return on equity of 4.29%. The firm had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. During the same quarter in the previous year, the company posted $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. Sell-side analysts anticipate that Synaptics will post 1.18 earnings per share for the current fiscal year.

Insider Buying and Selling at Synaptics

In related news, insider Lisa Bodensteiner sold 1,798 shares of Synaptics stock in a transaction on Monday, April 20th. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26. Following the completion of the sale, the insider directly owned 65,183 shares of the company’s stock, valued at $5,336,532.21. The trade was a 2.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $92.90, for a total value of $143,809.20. Following the completion of the sale, the insider owned 87,382 shares of the company’s stock, valued at $8,117,787.80. This represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,348 shares of company stock valued at $618,827 in the last quarter. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Synaptics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD increased its stake in shares of Synaptics by 469.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock valued at $60,304,000 after acquiring an additional 671,647 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after acquiring an additional 594,235 shares during the last quarter. AQR Capital Management LLC boosted its stake in Synaptics by 186.2% during the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after acquiring an additional 288,523 shares during the last quarter. Primecap Management Co. CA acquired a new position in Synaptics during the fourth quarter valued at approximately $15,670,000. Finally, JPMorgan Chase & Co. grew its holdings 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 purchasing an additional 184,303 shares during the period. Institutional investors own 99.43% of the company’s stock.

Key Synaptics News

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.