Synaptics (NASDAQ:SYNA) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Synaptics (NASDAQ:SYNA) from a hold rating to a buy rating in a report released on Sunday morning.

SYNA has been the subject of a number of other research reports. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. Wells Fargo & Company assumed coverage on shares of Synaptics in a report on Friday, December 19th. They issued an “overweight” rating and a $95.00 target price on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Synaptics in a research report on Thursday, September 11th. They set a “buy” rating and a $85.00 price target on the stock. Finally, Northland Securities initiated coverage on shares of Synaptics in a research note on Tuesday, December 2nd. They issued an “outperform” rating and a $85.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.67.

Synaptics Trading Down 0.5%

Shares of Synaptics stock opened at $73.46 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.31 and a current ratio of 2.86. The firm has a 50-day moving average of $70.67 and a 200-day moving average of $68.57. Synaptics has a 52-week low of $41.80 and a 52-week high of $89.81. The stock has a market cap of $2.86 billion, a PE ratio of -63.33, a PEG ratio of 3.08 and a beta of 1.76.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, topping 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 business had revenue of $292.50 million during the quarter, compared to analysts’ expectations of $289.93 million. During the same quarter in the previous year, the company earned $0.81 EPS. The business’s revenue was up 13.5% on a year-over-year basis. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, sell-side analysts forecast that Synaptics will post 0.96 EPS for the current year.

Insiders Place Their Bets

In other Synaptics news, insider Vikram Gupta sold 694 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total value of $52,050.00. Following the completion of the transaction, the insider directly owned 100,082 shares in the company, valued at approximately $7,506,150. This trade represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Bodensteiner sold 7,182 shares of Synaptics stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $78.68, for a total value of $565,079.76. Following the sale, the insider directly owned 75,542 shares in the company, valued at $5,943,644.56. The trade was a 8.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,906 shares of company stock valued at $698,177 over the last quarter. 0.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Nordea Investment Management AB acquired a new position in Synaptics in the 2nd quarter valued at approximately $6,991,000. Norges Bank bought a new stake in shares of Synaptics in the second quarter worth $25,876,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Synaptics in the second quarter worth $750,000. Inceptionr LLC acquired a new stake in Synaptics in the second quarter valued at $342,000. Finally, Icon Advisers Inc. Co. bought a new position in Synaptics during the 2nd quarter worth $1,381,000. Institutional investors own 99.43% of the company’s stock.

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.