Brokerages Set Synaptics Incorporated (NASDAQ:SYNA) Price Target at $92.56

Shares of Synaptics Incorporated (NASDAQ:SYNA) have received an average rating of “Moderate Buy” from the fourteen analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $95.5556.

SYNA has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Barclays reissued an “overweight” rating and issued a $100.00 price target on shares of Synaptics in a research report on Thursday. Northland Capmk upgraded Synaptics to a “strong-buy” rating in a research note on Tuesday, December 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $85.00 target price on shares of Synaptics in a report on Friday, November 7th. Finally, Mizuho set a $94.00 target price on Synaptics in a research note on Friday, January 9th.

Synaptics Trading Down 1.0%

Shares of NASDAQ SYNA opened at $90.54 on Tuesday. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $3.53 billion, a PE ratio of -78.05, a PEG ratio of 3.83 and a beta of 1.71. Synaptics has a twelve month low of $41.80 and a twelve month high of $94.59. The stock has a fifty day simple moving average of $73.67 and a 200-day simple moving average of $70.19.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.03. The firm had revenue of $292.50 million for the quarter, compared to analyst estimates of $289.93 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.Synaptics’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, equities analysts forecast that Synaptics will post 0.96 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Vikram Gupta sold 694 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the sale, the insider directly owned 100,082 shares in the company, valued at approximately $7,506,150. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lisa Bodensteiner sold 336 shares of Synaptics stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total transaction of $25,478.88. Following the completion of the transaction, the insider owned 74,425 shares of the company’s stock, valued at $5,643,647.75. This represents a 0.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,906 shares of company stock worth $698,177 over the last 90 days. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Synaptics

Large investors have recently bought and sold shares of the business. Nordea Investment Management AB purchased a new position in shares of Synaptics in the 2nd quarter valued at about $6,991,000. Norges Bank acquired a new position in Synaptics in the second quarter valued at approximately $25,876,000. SG Americas Securities LLC increased its stake in Synaptics by 632.6% in the third quarter. SG Americas Securities LLC now owns 31,485 shares of the software maker’s stock valued at $2,152,000 after purchasing an additional 27,187 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Synaptics during the second quarter worth approximately $750,000. Finally, Inceptionr LLC purchased a new stake in shares of Synaptics during the 2nd quarter worth approximately $342,000. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Synaptics Company Profile

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.