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

Synaptics (NASDAQ:SYNA) had its target price boosted by Susquehanna from $95.00 to $105.00 in a report issued on Thursday morning, Marketbeat.com reports. They currently have a positive rating on the software maker’s stock.

SYNA has been the subject of several other reports. Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Rosenblatt Securities reissued a “buy” rating and set a $95.00 price target on shares of Synaptics in a research report on Tuesday, November 11th. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a report on Monday, January 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 target price on shares of Synaptics in a research note on Friday, November 7th. Finally, Mizuho set a $94.00 price target on shares of Synaptics in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $95.56.

Synaptics Price Performance

SYNA stock opened at $87.76 on Thursday. Synaptics has a 52-week low of $41.80 and a 52-week high of $94.59. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of -75.65, a price-to-earnings-growth ratio of 3.73 and a beta of 1.71. The business has a fifty day moving average of $75.86 and a two-hundred day moving average of $70.94.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $292.50 million for the quarter, compared to the consensus estimate of $289.93 million. During the same period in the previous year, the firm earned $0.81 EPS. The business’s revenue was up 13.5% on a year-over-year basis. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, research analysts anticipate that Synaptics will post 0.96 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Lisa Bodensteiner sold 336 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $75.83, for a total value of $25,478.88. Following the sale, the insider directly owned 74,425 shares in the company, valued at approximately $5,643,647.75. This trade represents a 0.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Vikram Gupta sold 694 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total transaction of $52,050.00. Following the transaction, the insider owned 100,082 shares of the company’s stock, valued at approximately $7,506,150. The trade was a 0.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,906 shares of company stock worth $698,177 over the last 90 days. Company 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 SYNA. Nordea Investment Management AB purchased a new position in shares of Synaptics during the second quarter worth about $6,991,000. Norges Bank acquired a new stake in shares of Synaptics in the 2nd quarter valued at about $25,876,000. SG Americas Securities LLC boosted its position in shares of Synaptics by 632.6% in the 3rd 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 period. Y Intercept Hong Kong Ltd purchased a new position in Synaptics during the 2nd quarter worth approximately $750,000. Finally, Inceptionr LLC acquired a new position in Synaptics during the second quarter worth approximately $342,000. 99.43% of the stock is owned by institutional investors and hedge funds.

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.