Synaptics (NASDAQ:SYNA – Get Free Report) posted its quarterly earnings data on Thursday. The software maker reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.02, FiscalAI reports. The business had revenue of $308.00 million during the quarter, compared to analyst estimates of $305.32 million. Synaptics had a negative net margin of 41.00% and a positive return on equity of 4.01%. The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.01 earnings per share.
Synaptics Trading Up 4.0%
NASDAQ:SYNA traded up $4.09 during trading hours on Friday, reaching $106.19. 582,750 shares of the company were exchanged, compared to its average volume of 748,544. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of -8.39 and a beta of 1.99. Synaptics has a 52-week low of $58.28 and a 52-week high of $149.11. The stock has a 50 day simple moving average of $123.61 and a 200 day simple moving average of $102.07.
Wall Street Analyst Weigh In
Several analysts have commented on SYNA shares. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. increased their price target on Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Barclays restated an “equal weight” rating and set a $135.00 price objective (up from $110.00) on shares of Synaptics in a report on Friday, June 26th. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Finally, Rosenblatt Securities dropped their target price on Synaptics from $160.00 to $115.00 and set a “neutral” rating for the company in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Synaptics presently has a consensus rating of “Hold” and an average price target of $123.91.
Key Headlines Impacting Synaptics
Here are the key news stories impacting Synaptics this week:
- Positive Sentiment: Synaptics reported fiscal Q4 adjusted earnings of $1.23 per share, above the $1.21 consensus estimate and up from $1.01 a year earlier. Revenue increased 8.9% year over year to $308 million, also surpassing the $305.32 million estimate. Synaptics Surpasses Q4 Earnings and Revenue Estimates
- Positive Sentiment: The earnings beat, improving year-over-year revenue and stronger-than-expected quarterly performance provide near-term fundamental support for SYNA. Synaptics Reports Fourth Quarter and Full Year Fiscal 2026 Results
- Neutral Sentiment: Wells Fargo reduced its price target from $160 to $140 but maintained an Overweight rating, implying substantial potential upside from recent trading levels. Wells Fargo analyst action
- Neutral Sentiment: TD Cowen maintained a Hold rating with a $150 target, describing results as stable while flagging uncertainty related to the onsemi acquisition. TD Cowen maintains Hold on Synaptics
- Negative Sentiment: Rosenblatt Securities cut its price target sharply from $160 to $115 and downgraded its stance to Neutral, signaling more limited confidence in the stock’s valuation and near-term upside. Rosenblatt analyst action
Insider Buying and Selling at Synaptics
In related news, insider Esther Song sold 8,833 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $141.17, for a total value of $1,246,954.61. Following the transaction, the insider directly owned 12,421 shares of the company’s stock, valued at approximately $1,753,472.57. This trade represents a 41.56% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 612 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 value of $70,275.96. Following the completion of the transaction, the insider owned 63,106 shares in the company, valued at $7,246,461.98. The trade was a 0.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,649 shares of company stock worth $1,603,484 in the last quarter. 0.50% of the stock is owned by insiders.
Institutional Investors Weigh In On Synaptics
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its holdings in shares of Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after purchasing an additional 190 shares during the period. Lazard Asset Management LLC purchased a new position in Synaptics in the second quarter valued at approximately $54,000. Kemnay Advisory Services Inc. purchased a new position in Synaptics in the fourth quarter valued at approximately $70,000. PNC Financial Services Group Inc. lifted its position in Synaptics by 21.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,119 shares of the software maker’s stock valued at $83,000 after buying an additional 200 shares in the last quarter. Finally, Globeflex Capital L P purchased a new stake in Synaptics during the second quarter worth approximately $95,000. 99.43% of the stock is currently 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.
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