Synaptics (NASDAQ:SYNA – Get Free Report) had its target price boosted by stock analysts at Mizuho from $94.00 to $103.00 in a research note issued to investors on Friday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the software maker’s stock. Mizuho’s target price points to a potential upside of 15.43% from the company’s previous close.
Several other equities analysts have also recently issued reports on SYNA. Wall Street Zen cut Synaptics from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. TD Cowen upped their price target on Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a report on Friday, November 7th. Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Wells Fargo & Company boosted their target price on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Synaptics presently has an average rating of “Moderate Buy” and an average price target of $99.91.
View Our Latest Research Report on SYNA
Synaptics Stock Performance
Synaptics (NASDAQ:SYNA – Get Free Report) last issued its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.76%. The business had revenue of $302.50 million during the quarter, compared to analysts’ expectations of $300.31 million. During the same period in the previous year, the company earned $0.92 earnings per share. The business’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. Sell-side analysts anticipate that Synaptics will post 0.96 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Lisa Bodensteiner sold 7,182 shares of Synaptics stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $78.68, for a total transaction of $565,079.76. Following the transaction, the insider owned 75,542 shares in the company, valued at $5,943,644.56. This trade represents a 8.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Vikram Gupta sold 694 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the sale, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 8,906 shares of company stock worth $698,177. 0.50% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Synaptics
Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Investment Management Company LLC increased its position in Synaptics by 1.5% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 8,724 shares of the software maker’s stock worth $646,000 after buying an additional 132 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Synaptics by 0.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock worth $1,146,000 after acquiring an additional 134 shares in the last quarter. Optiver Holding B.V. raised its stake 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 acquiring an additional 170 shares during the period. Retirement Systems of Alabama lifted its holdings in Synaptics by 0.3% during the fourth quarter. Retirement Systems of Alabama now owns 59,295 shares of the software maker’s stock valued at $4,389,000 after purchasing an additional 192 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Synaptics by 21.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,119 shares of the software maker’s stock valued at $83,000 after purchasing an additional 200 shares during the period. 99.43% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Synaptics
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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