Synaptics (NASDAQ:SYNA) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Synaptics (NASDAQ:SYNAGet Free Report) released its quarterly earnings data on Thursday. The software maker reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.02, FiscalAI reports. Synaptics had a positive return on equity of 4.01% and a negative net margin of 41.00%.The firm had revenue of $308.00 million during the quarter, compared to the consensus estimate of $305.32 million. During the same period in the previous year, the company posted $1.01 earnings per share. The firm’s quarterly revenue was up 8.9% on a year-over-year basis.

Synaptics Stock Performance

NASDAQ:SYNA traded up $4.09 during midday trading on Friday, hitting $106.19. The company’s stock had a trading volume of 582,750 shares, compared to its average volume of 748,544. The firm’s 50 day moving average is $123.61 and its 200-day moving average is $102.07. The firm has a market cap of $4.10 billion, a P/E ratio of -8.39 and a beta of 1.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. Synaptics has a fifty-two week low of $58.28 and a fifty-two week high of $149.11.

More Synaptics News

Here are the key news stories impacting Synaptics this week:

  • Positive Sentiment: Synaptics reported fiscal Q4 adjusted earnings of $1.23 per share, above the $1.21 consensus estimate and up from $1.01 a year earlier. Revenue increased 8.9% year over year to $308 million, also surpassing the $305.32 million estimate. Synaptics Surpasses Q4 Earnings and Revenue Estimates
  • Positive Sentiment: The earnings beat, improving year-over-year revenue and stronger-than-expected quarterly performance provide near-term fundamental support for SYNA. Synaptics Reports Fourth Quarter and Full Year Fiscal 2026 Results
  • Neutral Sentiment: Wells Fargo reduced its price target from $160 to $140 but maintained an Overweight rating, implying substantial potential upside from recent trading levels. Wells Fargo analyst action
  • Neutral Sentiment: TD Cowen maintained a Hold rating with a $150 target, describing results as stable while flagging uncertainty related to the onsemi acquisition. TD Cowen maintains Hold on Synaptics
  • Negative Sentiment: Rosenblatt Securities cut its price target sharply from $160 to $115 and downgraded its stance to Neutral, signaling more limited confidence in the stock’s valuation and near-term upside. Rosenblatt analyst action

Insider Buying and Selling

In other Synaptics news, insider Lisa Bodensteiner sold 612 shares of Synaptics stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total transaction of $70,275.96. Following the completion of the transaction, the insider owned 63,106 shares in the company, valued at approximately $7,246,461.98. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikram Gupta sold 692 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total value of $79,462.36. Following the completion of the transaction, the insider directly owned 84,126 shares of the company’s stock, valued at approximately $9,660,188.58. This trade represents a 0.82% 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 sold a total of 11,649 shares of company stock valued at $1,603,484 over the last 90 days. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Pacer Advisors Inc. increased its holdings in shares of Synaptics by 89.3% during the 4th quarter. Pacer Advisors Inc. now owns 9,706 shares of the software maker’s stock valued at $718,000 after purchasing an additional 4,578 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Synaptics by 9.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,678 shares of the software maker’s stock worth $346,000 after buying an additional 418 shares in the last quarter. Vident Advisory LLC acquired a new stake in Synaptics during the fourth quarter valued at $363,000. Mackenzie Financial Corp purchased a new position in Synaptics in the fourth quarter valued at $1,785,000. Finally, Empowered Funds LLC boosted its stake in shares of Synaptics by 3.8% in the fourth quarter. Empowered Funds LLC now owns 4,667 shares of the software maker’s stock worth $345,000 after acquiring an additional 173 shares during the last quarter. 99.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Barclays restated an “equal weight” rating and issued a $135.00 price target (up from $110.00) on shares of Synaptics in a report on Friday, June 26th. Mizuho boosted their price objective on shares of Synaptics from $128.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Wells Fargo & Company decreased their target price on shares of Synaptics from $160.00 to $140.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Northland Securities downgraded shares of Synaptics from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Synaptics currently has a consensus rating of “Hold” and an average target price of $123.91.

View Our Latest Report on SYNA

About Synaptics

(Get Free Report)

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.

Further Reading

Earnings History for Synaptics (NASDAQ:SYNA)

Receive News & Ratings for Synaptics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synaptics and related companies with MarketBeat.com's FREE daily email newsletter.