Synaptics (NASDAQ:SYNA) Receives “Neutral” Rating from Rosenblatt Securities

Synaptics (NASDAQ:SYNA)‘s stock had its “neutral” rating restated by research analysts at Rosenblatt Securities in a report released on Friday,Benzinga reports. They presently have a $160.00 price objective on the software maker’s stock, down from their previous price objective of $180.00. Rosenblatt Securities’ target price suggests a potential upside of 27.37% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Susquehanna lowered shares of Synaptics from a “positive” rating to a “neutral” rating and increased their target price for the stock from $125.00 to $140.00 in a research note on Friday. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Mizuho set a $128.00 price target on Synaptics in a research note on Friday, May 8th. Barclays upped their price target on Synaptics from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Finally, Wall Street Zen downgraded Synaptics from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Synaptics has an average rating of “Hold” and a consensus target price of $123.73.

Synaptics Stock Performance

SYNA opened at $125.62 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The firm has a fifty day moving average price of $121.09 and a 200 day moving average price of $94.13. Synaptics has a 1 year low of $58.28 and a 1 year high of $149.11. The stock has a market cap of $4.85 billion, a P/E ratio of -101.31, a P/E/G ratio of 4.17 and a beta of 1.98.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $294.20 million for the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities research analysts anticipate that Synaptics will post 1.3 earnings per share for the current year.

Insider Buying and Selling at Synaptics

In other news, insider Lisa Bodensteiner sold 1,798 shares of Synaptics stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $81.87, for a total value of $147,202.26. Following the sale, the insider owned 65,183 shares in the company, valued at $5,336,532.21. This trade represents a 2.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Esther Song sold 8,833 shares of Synaptics stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the sale, the insider owned 12,421 shares in the company, valued at approximately $1,753,472.57. This trade represents a 41.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 16,183 shares of company stock valued at $1,978,694 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

Several large investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its holdings in shares of Synaptics by 119.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after acquiring an additional 190 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of Synaptics in the fourth quarter worth approximately $43,000. Optiver Holding B.V. boosted its stake in shares of Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after acquiring an additional 170 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Synaptics during the second quarter worth approximately $54,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Synaptics during the fourth quarter worth approximately $70,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Synaptics News Summary

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Synaptics agreed to be acquired by onsemi in a $7 billion all-stock deal, a move that typically supports the target’s share price and highlights the strategic value of Synaptics’ AI compute, human-machine interface, and connectivity technologies. Onsemi to buy Synaptics in $7 billion all-stock deal
• Positive Sentiment: Analysts and market commentary are pointing to potential deal synergies and growth opportunities tied to edge AI and physical AI, which is helping sentiment around the transaction. Quinn Bolton Raises ON Semiconductor Price Target to $130 on Synaptics Deal Synergies and Edge AI Growth Prospects
• Neutral Sentiment: Synaptics has also become the subject of shareholder investigations over whether investors are receiving a fair price in the sale, which adds legal uncertainty but does not change the announced deal terms yet. Shareholder Alert: Ademi LLP investigates whether Synaptics Incorporated is obtaining a Fair Price for Public Shareholders
• Negative Sentiment: The all-stock structure means Synaptics shareholders will be exposed to onsemi’s stock performance until the deal closes, so any weakness in ON could affect the value SYNA investors receive. On Semiconductor strikes $7 billion deal for Synaptics in physical AI push

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.