Synaptics Incorporated (NASDAQ:SYNA) Receives $114.18 Consensus PT from Analysts

Shares of Synaptics Incorporated (NASDAQ:SYNA) have earned an average recommendation of “Moderate Buy” from the fourteen research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $119.1818.

SYNA has been the topic of several research reports. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. Northland Securities set a $123.00 target price on Synaptics in a research note on Friday, May 8th. Barclays increased their target price on Synaptics from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Needham & Company LLC reissued a “buy” rating and set a $120.00 target price on shares of Synaptics in a research note on Friday, May 8th.

Insider Activity

In other Synaptics news, insider Lisa Bodensteiner sold 612 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total transaction of $70,275.96. Following the sale, the insider owned 63,106 shares in the company, valued at $7,246,461.98. This represents a 0.96% decrease in their position. 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. Also, insider Vikram Gupta sold 692 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total value of $79,462.36. Following the sale, the insider owned 84,126 shares in the company, valued at approximately $9,660,188.58. This trade represents a 0.82% 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. In the last 90 days, insiders have sold 7,304 shares of company stock worth $654,026. 0.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Synaptics

Large investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC increased its holdings in Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after purchasing an additional 190 shares during the period. Hantz Financial Services Inc. increased its holdings in Synaptics by 143.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after purchasing an additional 351 shares during the period. Optiver Holding B.V. increased its holdings in Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after purchasing an additional 170 shares during the period. Leonteq Securities AG purchased a new stake in Synaptics during the 4th quarter worth about $43,000. Finally, Lazard Asset Management LLC purchased a new stake in Synaptics during the 2nd quarter worth about $54,000. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Synaptics Price Performance

SYNA opened at $143.69 on Monday. The stock’s 50-day moving average price is $90.30 and its 200 day moving average price is $82.20. Synaptics has a 12-month low of $57.54 and a 12-month high of $144.23. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of -115.88, a PEG ratio of 4.24 and a beta of 1.86.

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

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.