Brokers Offer Predictions for Synaptics Q3 Earnings

Synaptics Incorporated (NASDAQ:SYNA) – Investment analysts at Northland Capmk issued their Q3 2027 earnings per share estimates for shares of Synaptics in a research note issued to investors on Tuesday, December 2nd. Northland Capmk analyst G. Richard forecasts that the software maker will post earnings of $0.36 per share for the quarter. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Synaptics’ current full-year earnings is $0.96 per share.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The firm had revenue of $292.50 million during the quarter, compared to the consensus estimate of $289.93 million. During the same period last year, the firm posted $0.81 EPS. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS.

SYNA has been the topic of a number of other research reports. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Needham & Company LLC restated a “buy” rating and issued a $85.00 price objective on shares of Synaptics in a research report on Friday, November 7th. TD Cowen increased their price objective on Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Finally, Northland Securities assumed coverage on shares of Synaptics in a research note on Tuesday. They set an “outperform” rating and a $85.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Synaptics has a consensus rating of “Moderate Buy” and a consensus price target of $87.88.

Synaptics Stock Up 0.0%

SYNA stock opened at $75.94 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31. The company’s 50 day simple moving average is $68.08 and its 200-day simple moving average is $66.89. Synaptics has a 12 month low of $41.80 and a 12 month high of $89.81. The firm has a market capitalization of $2.96 billion, a PE ratio of -65.46, a P/E/G ratio of 3.18 and a beta of 1.76.

Synaptics declared that its Board of Directors has approved a stock repurchase plan on Thursday, August 7th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the software maker to reacquire up to 6.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of Synaptics

A number of hedge funds have recently added to or reduced their stakes in the business. Quarry LP raised its holdings in Synaptics by 220.0% during the first quarter. Quarry LP now owns 528 shares of the software maker’s stock valued at $34,000 after buying an additional 363 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after acquiring an additional 170 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Synaptics by 143.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock valued at $41,000 after acquiring an additional 351 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Synaptics by 443.1% in the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after purchasing an additional 514 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Synaptics by 50.3% during the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock worth $46,000 after purchasing an additional 237 shares during the period. 99.43% of the stock is owned by institutional investors and hedge funds.

About Synaptics

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.