Synaptics (NASDAQ:SYNA – Free Report) had its price objective boosted by JPMorgan Chase & Co. from $85.00 to $100.00 in a research note issued to investors on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the software maker’s stock.
SYNA has been the topic of a number of other research reports. Oppenheimer reissued a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Craig Hallum reiterated a “hold” rating and issued a $80.00 target price on shares of Synaptics in a research note on Friday. TD Cowen reiterated a “buy” rating on shares of Synaptics in a report on Friday. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. Finally, Wall Street Zen downgraded Synaptics from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Synaptics has a consensus rating of “Moderate Buy” and an average target price of $99.91.
Get Our Latest Analysis on SYNA
Synaptics Stock Performance
Synaptics (NASDAQ:SYNA – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.06. The firm had revenue of $302.50 million during the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a positive return on equity of 4.76% and a negative net margin of 5.41%.The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, sell-side analysts anticipate that Synaptics will post 0.96 EPS for the current fiscal year.
Insider Buying and Selling at Synaptics
In other 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 transaction, the insider owned 100,082 shares in the company, valued at approximately $7,506,150. This represents a 0.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 sale, the insider owned 74,425 shares in the company, valued at approximately $5,643,647.75. This trade represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,906 shares of company stock worth $698,177 in the last three months. Insiders own 0.50% of the company’s stock.
Institutional Investors Weigh In On Synaptics
Large investors have recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Synaptics by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock worth $5,780,000 after purchasing an additional 4,917 shares during the last quarter. Johnson Investment Counsel Inc. lifted its position in Synaptics by 6.1% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 3,601 shares of the software maker’s stock worth $233,000 after buying an additional 206 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Synaptics by 115.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,876 shares of the software maker’s stock worth $575,000 after acquiring an additional 4,756 shares during the last quarter. CWM LLC increased its position in Synaptics by 319.5% in the 2nd quarter. CWM LLC now owns 5,885 shares of the software maker’s stock valued at $381,000 after acquiring an additional 4,482 shares in the last quarter. Finally, Nordea Investment Management AB acquired a new stake in Synaptics in the 2nd quarter valued at about $6,991,000. 99.43% of the stock is currently owned by institutional investors.
Synaptics News Roundup
Here are the key news stories impacting Synaptics this week:
- Positive Sentiment: Q2 fiscal 2026 results beat expectations — revenue $302.5M (up 13% YoY), non‑GAAP EPS $1.21, strong non‑GAAP gross margin (53.6%) and core IoT product sales +53% YoY, signaling product demand and margin leverage. GlobeNewswire Q2 Results
- Positive Sentiment: Management raised Q3 FY26 guidance well above consensus: EPS guidance $0.85–$1.15 (vs. street ~$0.66) and revenue guide $280–$300M (vs. street ~$285M) — this upside guide is a near-term earnings catalyst. Slide Deck / Press Release
- Positive Sentiment: Analysts lifted targets and ratings: Rosenblatt raised its target to $125 (buy) and Mizuho lifted its target to $103 (outperform), providing upside endorsement that can support further price appreciation. The Fly / Mizuho Benzinga (Rosenblatt)
- Positive Sentiment: Partnership news (42 Technology) on edge‑AI adoption in manufacturing highlights product/market expansion opportunities for Synaptics’ Edge AI and IoT portfolio. Partnership Article
- Neutral Sentiment: Investors and analysts can review the full earnings presentation and call transcripts for color on product mix, channel trends and margin drivers. Earnings Presentation Q2 Call Transcript
- Neutral Sentiment: Archival transcripts (Q1 2025) and third‑party post‑earnings analysis are available for deeper review of historical trends and analyst models. Yahoo Q1 2025 Transcript
- Negative Sentiment: GAAP figures remain mixed: the company reported a GAAP loss per share (~$0.38) and some metrics (net margin) still reflect legacy volatility — these items can limit valuation expansion until sustained GAAP profitability is visible. GAAP Results
- Negative Sentiment: Some market coverage noted an initial negative reaction (stock weakness/slip) as investors parsed guidance details and near‑term dynamics despite the beat — short‑term volatility may continue. Investing.com MSN
About Synaptics
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.
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