Analysts Set Synaptics Incorporated (NASDAQ:SYNA) PT at $99.91

Synaptics Incorporated (NASDAQ:SYNA) has been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $99.9091.

Several research analysts recently issued reports on the stock. Barclays reissued an “overweight” rating and set a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. Susquehanna upped their price target on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Wells Fargo & Company increased their price target on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Oppenheimer reiterated a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Finally, TD Cowen restated a “buy” rating on shares of Synaptics in a research note on Friday, February 6th.

Insider Activity at Synaptics

In other news, insider Vikram Gupta sold 772 shares of Synaptics stock in a transaction that occurred on 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 directly owned 95,996 shares of the company’s stock, valued at $7,830,393.72. The trade was a 0.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lisa Bodensteiner sold 576 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total transaction of $48,919.68. Following the completion of the transaction, the insider owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This represents a 0.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 11,026 shares of company stock worth $875,689. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SYNA. Price T Rowe Associates Inc. MD grew its position in shares of Synaptics by 469.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock valued at $60,304,000 after acquiring an additional 671,647 shares during the period. Ameriprise Financial Inc. grew its holdings in Synaptics by 10.0% in the third quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after purchasing an additional 594,235 shares during the period. Norges Bank acquired a new stake in Synaptics in the second quarter valued at approximately $25,876,000. AQR Capital Management LLC increased its position in shares of Synaptics by 186.2% in the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock valued at $28,744,000 after buying an additional 288,523 shares in the last quarter. Finally, Primecap Management Co. CA purchased a new stake in shares of Synaptics in the fourth quarter valued at approximately $15,670,000. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Synaptics Price Performance

Shares of NASDAQ SYNA opened at $72.00 on Wednesday. Synaptics has a 52 week low of $41.80 and a 52 week high of $97.00. The business’s 50 day moving average price is $83.81 and its 200 day moving average price is $74.84. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. The firm has a market cap of $2.79 billion, a P/E ratio of -45.28, a P/E/G ratio of 3.00 and a beta of 1.68.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. During the same period last year, the firm posted $0.92 EPS. Synaptics’s revenue for the quarter was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, sell-side analysts expect that Synaptics will post 0.96 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.