Synaptics Incorporated (NASDAQ:SYNA) Receives $99.91 Consensus PT from Analysts

Synaptics Incorporated (NASDAQ:SYNAGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $99.9091.

Several equities analysts have weighed in on the company. Susquehanna increased their target price on Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. Needham & Company LLC upped their target price on shares of Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Rosenblatt Securities raised their price target on shares of Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research report on Thursday, January 22nd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th.

Get Our Latest Research Report on SYNA

Synaptics Price Performance

Shares of SYNA stock opened at $70.04 on Friday. The stock has a 50 day moving average of $80.49 and a two-hundred day moving average of $75.32. The company has a market capitalization of $2.71 billion, a P/E ratio of -44.05, a P/E/G ratio of 2.63 and a beta of 1.68. Synaptics has a 12 month low of $41.80 and a 12 month high of $97.00. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60.

Synaptics (NASDAQ:SYNAGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The firm had revenue of $302.50 million during the quarter, compared to the consensus estimate of $300.31 million. During the same period last year, the firm posted $0.92 EPS. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, equities analysts expect that Synaptics will post 0.96 EPS for the current year.

Insiders Place Their Bets

In other Synaptics news, insider Lisa Bodensteiner sold 576 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total value of $48,919.68. Following the transaction, the insider directly owned 72,307 shares in the company, valued at $6,141,033.51. The trade was a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Vikram Gupta sold 772 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the completion of the transaction, the insider owned 95,996 shares in the company, valued at approximately $7,830,393.72. This trade represents a 0.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,454 shares of company stock valued at $202,505. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

A number of hedge funds and other institutional investors have recently modified their holdings of SYNA. JPMorgan Chase & Co. increased its position in shares of Synaptics by 51.1% in the third quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock worth $37,243,000 after purchasing an additional 184,303 shares during the period. SG Americas Securities LLC lifted its position in Synaptics by 632.6% during the third quarter. SG Americas Securities LLC now owns 31,485 shares of the software maker’s stock worth $2,152,000 after purchasing an additional 27,187 shares during the period. Norges Bank acquired a new stake in Synaptics during the second quarter worth about $25,876,000. Icon Advisers Inc. Co. acquired a new stake in Synaptics during the second quarter worth about $1,381,000. Finally, Ameriprise Financial Inc. increased its holdings in Synaptics by 10.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after buying an additional 594,235 shares during the period. Institutional investors and hedge funds own 99.43% of the company’s stock.

Synaptics Company Profile

(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.

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Analyst Recommendations for Synaptics (NASDAQ:SYNA)

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