Northland Securities Issues Positive Forecast for Synaptics (NASDAQ:SYNA) Stock Price

Synaptics (NASDAQ:SYNA) had its price target increased by Northland Securities from $85.00 to $106.00 in a research report sent to investors on Monday,Benzinga reports. Northland Securities currently has an outperform rating on the software maker’s stock.

SYNA has been the subject of several other reports. Deutsche Bank Aktiengesellschaft initiated coverage on Synaptics in a research note on Thursday, September 11th. They issued a “buy” rating and a $85.00 target price for the company. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Northland Capmk raised shares of Synaptics to a “strong-buy” rating in a research note on Tuesday, December 2nd. Wells Fargo & Company initiated coverage on shares of Synaptics in a research report on Friday, December 19th. They set an “overweight” rating and a $95.00 price target for the company. Finally, Oppenheimer reissued a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.00.

Synaptics Stock Up 2.1%

Shares of NASDAQ SYNA opened at $75.03 on Monday. The firm’s 50-day simple moving average is $70.72 and its 200 day simple moving average is $68.64. The company has a market cap of $2.93 billion, a price-to-earnings ratio of -64.68, a price-to-earnings-growth ratio of 3.08 and a beta of 1.76. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. Synaptics has a 12-month low of $41.80 and a 12-month high of $89.81.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings data on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, beating 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 firm had revenue of $292.50 million during the quarter, compared to analysts’ expectations of $289.93 million. During the same quarter last year, the company posted $0.81 EPS. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, research analysts expect that Synaptics will post 0.96 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Lisa Bodensteiner sold 336 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $75.83, for a total transaction of $25,478.88. Following the sale, the insider owned 74,425 shares of the company’s stock, valued at $5,643,647.75. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Vikram Gupta sold 694 shares of Synaptics stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total value of $52,050.00. Following the transaction, the insider owned 100,082 shares in the company, valued at $7,506,150. This trade represents a 0.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,906 shares of company stock valued at $698,177 over the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP lifted its position in Synaptics by 220.0% during the 1st quarter. Quarry LP now owns 528 shares of the software maker’s stock worth $34,000 after buying an additional 363 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Synaptics by 443.1% in the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after acquiring an additional 514 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares in the last quarter. Optiver Holding B.V. boosted its position in Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after purchasing an additional 170 shares during the last quarter. Finally, Signaturefd LLC grew its stake in Synaptics by 480.3% in the second quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after purchasing an additional 586 shares in the last quarter. Institutional investors and hedge funds 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.