Synaptics (NASDAQ:SYNA) Price Target Raised to $105.00

Synaptics (NASDAQ:SYNA) had its price objective raised by Susquehanna from $95.00 to $105.00 in a research note released on Thursday morning, MarketBeat Ratings reports. Susquehanna currently has a positive rating on the software maker’s stock.

SYNA has been the subject of a number of other reports. Wells Fargo & Company increased their price objective on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Needham & Company LLC restated a “buy” rating and set a $85.00 target price on shares of Synaptics in a report on Friday, November 7th. Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Barclays reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a research report on Thursday, January 15th. Finally, Mizuho set a $94.00 target price on Synaptics in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.56.

Synaptics Price Performance

Shares of SYNA opened at $85.60 on Thursday. Synaptics has a 12 month low of $41.80 and a 12 month high of $94.59. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31. The stock has a fifty day moving average price of $76.29 and a 200 day moving average price of $71.09. The company has a market cap of $3.34 billion, a P/E ratio of -73.79, a PEG ratio of 3.59 and a beta of 1.71.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. The company had revenue of $292.50 million for the quarter, compared to analysts’ expectations of $289.93 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, research analysts forecast that Synaptics will post 0.96 earnings per share for the current year.

Insider Activity at Synaptics

In other news, insider Lisa Bodensteiner sold 7,182 shares of Synaptics stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $78.68, for a total value of $565,079.76. Following the transaction, the insider owned 75,542 shares of the company’s stock, valued at $5,943,644.56. This trade represents a 8.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Vikram Gupta sold 694 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was 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. This represents a 0.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 8,906 shares of company stock worth $698,177. Corporate insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp increased its position in Synaptics by 443.1% in the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after buying an additional 514 shares during the period. Hantz Financial Services Inc. increased its position in Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares during the period. Optiver Holding B.V. increased its position in Synaptics by 40.2% during 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 during the period. Signaturefd LLC raised its stake in Synaptics by 480.3% during the 2nd quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after purchasing an additional 586 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in Synaptics by 50.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after purchasing an additional 237 shares during the period. 99.43% of the stock is 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.