Synaptics (NASDAQ:SYNA) Given New $140.00 Price Target at Wells Fargo & Company

Posted by Stanley Muller on Aug 7th, 2026

Synaptics (NASDAQ:SYNA – Get Free Report) had its price target decreased by research analysts at Wells Fargo & Company from $160.00 to $140.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the software maker’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 31.64% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on the company. Susquehanna lowered their target price on Synaptics from $140.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 7th. TD Cowen cut Synaptics from a “buy” rating to a “hold” rating in a report on Friday, June 26th. Barclays reaffirmed an “equal weight” rating and issued a $135.00 price objective (up from $110.00) on shares of Synaptics in a research note on Friday, June 26th. Finally, Craig Hallum reiterated a “hold” rating and set a $145.00 target price on shares of Synaptics in a research report on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $127.55.

Read Our Latest Report on Synaptics

Synaptics Price Performance

SYNA stock traded up $4.25 during trading on Friday, reaching $106.35. 135,247 shares of the company were exchanged, compared to its average volume of 903,027. The company has a 50-day moving average of $124.23 and a two-hundred day moving average of $102.04. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of -85.73 and a beta of 1.99. Synaptics has a twelve month low of $58.28 and a twelve month high of $149.11. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39.

Synaptics (NASDAQ:SYNA – Get Free Report) last posted its earnings results on Thursday, August 6th. The software maker reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.02. The firm had revenue of $308.00 million for the quarter, compared to analysts’ expectations of $305.32 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.01 earnings per share. As a group, equities analysts predict that Synaptics will post 1.29 earnings per share for the current fiscal year.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 692 shares of Synaptics stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total transaction of $79,462.36. Following the completion of the transaction, the insider owned 84,126 shares of the company’s stock, valued at $9,660,188.58. This trade represents a 0.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Esther Song sold 8,833 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the transaction, the insider owned 12,421 shares in the company, valued at approximately $1,753,472.57. The trade was a 41.56% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,649 shares of company stock worth $1,603,484. Company insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. State Street Corp grew its stake in Synaptics by 0.5% during the second quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock worth $132,181,000 after purchasing an additional 9,335 shares during the period. Orbis Allan Gray Ltd lifted its stake in Synaptics by 9.9% in the fourth quarter. Orbis Allan Gray Ltd now owns 1,536,228 shares of the software maker’s stock valued at $113,712,000 after buying an additional 137,926 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Synaptics by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,000,456 shares of the software maker’s stock worth $74,066,000 after buying an additional 17,088 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Synaptics by 2,384.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 939,182 shares of the software maker’s stock worth $65,780,000 after buying an additional 901,379 shares in the last quarter. Finally, 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 worth $60,304,000 after buying an additional 671,647 shares during the period. 99.43% of the stock is owned by institutional investors.

About Synaptics

(Get Free Report)

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.