Synaptics (NASDAQ:SYNA – Get Free Report) had its target price upped by JPMorgan Chase & Co. from $85.00 to $100.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the software maker’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 12.07% from the stock’s current price.
SYNA has been the topic of several other research reports. TD Cowen reissued a “buy” rating on shares of Synaptics in a research report on Friday. Wells Fargo & Company lifted their target price on shares of Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Monday, January 5th. Mizuho raised their price target on shares of Synaptics from $94.00 to $103.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Oppenheimer reiterated a “market perform” rating on shares of Synaptics in a report on Tuesday, December 16th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Synaptics has an average rating of “Moderate Buy” and a consensus target price of $99.91.
View Our Latest Report on SYNA
Synaptics Trading Up 2.2%
Synaptics (NASDAQ:SYNA – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.15 by $0.06. The firm had revenue of $302.50 million during the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a positive return on equity of 4.76% and a negative net margin of 5.41%.The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Analysts expect that Synaptics will post 0.96 EPS for the current fiscal year.
Insider Activity at Synaptics
In other Synaptics news, insider Lisa Bodensteiner sold 336 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total transaction of $25,478.88. Following the transaction, the insider directly owned 74,425 shares in the company, valued at $5,643,647.75. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Vikram Gupta sold 694 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was 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 of the company’s stock, valued at approximately $7,506,150. This represents a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,906 shares of company stock valued at $698,177 in the last quarter. 0.50% of the stock is owned by insiders.
Institutional Trading of Synaptics
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Hantz Financial Services Inc. increased its stake 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 buying an additional 351 shares during the period. Optiver Holding B.V. grew 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 in the last quarter. Leonteq Securities AG purchased a new stake in shares of Synaptics during the fourth quarter worth $43,000. Nisa Investment Advisors LLC raised its stake in shares of Synaptics by 50.3% in the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after acquiring an additional 237 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new position in Synaptics in the second quarter valued at $54,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.
Synaptics News Roundup
Here are the key news stories impacting Synaptics this week:
- Positive Sentiment: Q2 fiscal 2026 results beat expectations — revenue $302.5M (up 13% YoY), non‑GAAP EPS $1.21, strong non‑GAAP gross margin (53.6%) and core IoT product sales +53% YoY, signaling product demand and margin leverage. GlobeNewswire Q2 Results
- Positive Sentiment: Management raised Q3 FY26 guidance well above consensus: EPS guidance $0.85–$1.15 (vs. street ~$0.66) and revenue guide $280–$300M (vs. street ~$285M) — this upside guide is a near-term earnings catalyst. Slide Deck / Press Release
- Positive Sentiment: Analysts lifted targets and ratings: Rosenblatt raised its target to $125 (buy) and Mizuho lifted its target to $103 (outperform), providing upside endorsement that can support further price appreciation. The Fly / Mizuho Benzinga (Rosenblatt)
- Positive Sentiment: Partnership news (42 Technology) on edge‑AI adoption in manufacturing highlights product/market expansion opportunities for Synaptics’ Edge AI and IoT portfolio. Partnership Article
- Neutral Sentiment: Investors and analysts can review the full earnings presentation and call transcripts for color on product mix, channel trends and margin drivers. Earnings Presentation Q2 Call Transcript
- Neutral Sentiment: Archival transcripts (Q1 2025) and third‑party post‑earnings analysis are available for deeper review of historical trends and analyst models. Yahoo Q1 2025 Transcript
- Negative Sentiment: GAAP figures remain mixed: the company reported a GAAP loss per share (~$0.38) and some metrics (net margin) still reflect legacy volatility — these items can limit valuation expansion until sustained GAAP profitability is visible. GAAP Results
- Negative Sentiment: Some market coverage noted an initial negative reaction (stock weakness/slip) as investors parsed guidance details and near‑term dynamics despite the beat — short‑term volatility may continue. Investing.com MSN
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.
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