Synaptics (NASDAQ:SYNA) Given New $115.00 Price Target at JPMorgan Chase & Co.

Synaptics (NASDAQ:SYNA) had its price objective boosted by JPMorgan Chase & Co. from $100.00 to $115.00 in a research note published on Friday morning,Benzinga reports. They currently have an overweight rating on the software maker’s stock.

Several other brokerages have also commented on SYNA. Wall Street Zen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. Northland Securities set a $123.00 price target on shares of Synaptics in a report on Friday. Susquehanna upped their price objective on Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a research note on Friday. Finally, Needham & Company LLC reissued a “buy” rating and set a $120.00 price objective on shares of Synaptics in a report on Friday. Ten equities 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $114.18.

Synaptics Stock Up 18.6%

Shares of NASDAQ:SYNA opened at $125.43 on Friday. Synaptics has a 1 year low of $57.54 and a 1 year high of $129.78. The company has a market capitalization of $4.86 billion, a PE ratio of -101.15, a price-to-earnings-growth ratio of 4.01 and a beta of 1.86. The business has a fifty day moving average price of $79.18 and a two-hundred day moving average price of $77.86. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $294.20 million for the quarter, compared to analysts’ expectations of $290.51 million. Synaptics had a positive return on equity of 4.29% and a negative net margin of 4.10%.The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Analysts forecast that Synaptics will post 1.18 earnings per share for the current year.

Insider Transactions at Synaptics

In other Synaptics news, insider Vikram Gupta sold 1,548 shares of Synaptics stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $92.90, for a total transaction of $143,809.20. Following the completion of the transaction, the insider owned 87,382 shares of the company’s stock, valued at $8,117,787.80. The trade was a 1.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26. Following the completion of the sale, the insider directly owned 65,183 shares in the company, valued at approximately $5,336,532.21. The trade was a 2.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 7,348 shares of company stock valued at $618,827 in the last ninety days. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SYNA. Price T Rowe Associates Inc. MD increased its holdings in shares of Synaptics by 469.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock worth $60,304,000 after purchasing an additional 671,647 shares during the period. Ameriprise Financial Inc. boosted its stake in Synaptics by 10.0% during the third quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after buying an additional 594,235 shares during the period. AQR Capital Management LLC grew its position in Synaptics by 186.2% during the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after buying an additional 288,523 shares in the last quarter. Primecap Management Co. CA bought a new position in Synaptics in the 4th quarter worth about $15,670,000. Finally, JPMorgan Chase & Co. increased its stake in Synaptics by 51.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock worth $37,243,000 after acquiring an additional 184,303 shares during the last quarter. 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: Synaptics reported Q3 adjusted EPS of $1.09, topping estimates, with revenue of $294.2 million also beating consensus; management said core IoT product sales jumped 31% year over year and highlighted multiple design wins in physical AI and robotics. Article: Synaptics Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: The company issued Q4 EPS guidance of $1.05 to $1.35, above the analyst estimate of $0.95, which suggests better near-term earnings momentum.
• Positive Sentiment: Analysts turned more constructive after the results: JPMorgan raised its target to $115 with an overweight rating, Barclays lifted its target to $110 with an overweight rating, and Susquehanna increased its target to $125 with a positive rating.
• Neutral Sentiment: Synaptics also released an earnings call transcript and follow-up analysis pieces that largely reinforced the upbeat earnings picture rather than adding a new catalyst. Article: Synaptics Incorporated (SYNA) Q3 2026 Earnings Call Transcript Article: Synaptics (SYNA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Article: Synaptics (SYNA) Beats Q3 Earnings and Revenue Estimates

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.