Synaptics (NASDAQ:SYNA) Updates Q2 2026 Earnings Guidance

Synaptics (NASDAQ:SYNA) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.000-1.300 for the period, compared to the consensus EPS estimate of 0.800. The company issued revenue guidance of $290.0 million-$310.0 million, compared to the consensus revenue estimate of $294.9 million.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. TD Cowen lifted their price objective on Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a report on Friday. Rosenblatt Securities restated a “buy” rating and issued a $95.00 price target on shares of Synaptics in a research report on Friday, October 17th. Barclays assumed coverage on shares of Synaptics in a report on Monday, August 18th. They set an “overweight” rating and a $78.00 price target on the stock. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $88.29.

Synaptics Stock Performance

NASDAQ SYNA traded down $5.34 during trading on Friday, hitting $63.28. 317,430 shares of the company’s stock traded hands, compared to its average volume of 491,535. Synaptics has a 12-month low of $41.80 and a 12-month high of $89.81. The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of -52.13, a PEG ratio of 3.03 and a beta of 1.63. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.26 and a current ratio of 2.78. The business has a 50 day moving average of $69.74 and a 200-day moving average of $65.77.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.45%.The firm had revenue of $292.50 million for the quarter, compared to analysts’ expectations of $289.93 million. During the same period in the prior year, the business posted $0.81 earnings per share. The company’s revenue was up 13.5% on a year-over-year basis. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, equities research analysts anticipate that Synaptics will post 0.96 earnings per share for the current fiscal year.

Synaptics declared that its board has approved a share buyback program on Thursday, August 7th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the software maker to buy up to 6.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Synaptics

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Federated Hermes Inc. increased its stake in shares of Synaptics by 9.1% in the 2nd quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock worth $1,514,000 after acquiring an additional 1,939 shares in the last quarter. Marshall Wace LLP raised its position in shares of Synaptics by 472.1% in the 2nd quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock worth $5,801,000 after purchasing an additional 73,848 shares during the last quarter. First Trust Advisors LP boosted its stake in Synaptics by 9.8% in the 2nd quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock worth $3,915,000 after purchasing an additional 5,393 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Synaptics by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock valued at $5,780,000 after purchasing an additional 4,917 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in Synaptics by 160.6% in the second quarter. Tower Research Capital LLC TRC now owns 5,081 shares of the software maker’s stock worth $329,000 after buying an additional 3,131 shares during the last quarter. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Synaptics Company Profile

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.