Synaptics (NASDAQ:SYNA) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Synaptics (NASDAQ:SYNA) from a hold rating to a buy rating in a research note published on Saturday.

Several other research firms have also recently weighed in on SYNA. Zacks Research cut Synaptics from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Craig Hallum reaffirmed a “hold” rating and set a $95.00 price objective on shares of Synaptics in a research report on Friday. Northland Securities set a $123.00 price objective on Synaptics in a research report on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price objective on shares of Synaptics in a research report on Friday. Finally, Wells Fargo & Company upped their price objective on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $114.18.

Synaptics Stock Up 18.6%

SYNA stock opened at $125.43 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The stock has a market capitalization of $4.86 billion, a P/E ratio of -101.15, a P/E/G ratio of 4.75 and a beta of 1.86. The business has a 50-day moving average of $79.18 and a 200-day moving average of $77.86. Synaptics has a fifty-two week low of $57.54 and a fifty-two week high of $129.78.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The company had revenue of $294.20 million during 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%.Synaptics’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, sell-side analysts anticipate that Synaptics will post 1.18 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Vikram Gupta sold 1,548 shares of the company’s 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 sale, the insider owned 87,382 shares in the company, valued at approximately $8,117,787.80. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $81.87, for a total value of $147,202.26. Following the completion of the sale, the insider owned 65,183 shares in the company, valued at $5,336,532.21. This represents a 2.68% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 7,348 shares of company stock worth $618,827 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Synaptics

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in Synaptics by 51.1% in the third quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after buying an additional 184,303 shares during the period. SG Americas Securities LLC raised its stake in Synaptics by 632.6% in the third quarter. SG Americas Securities LLC now owns 31,485 shares of the software maker’s stock valued at $2,152,000 after buying an additional 27,187 shares during the period. Ameriprise Financial Inc. raised its stake in Synaptics by 10.0% in 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. Fox Run Management L.L.C. bought a new stake in Synaptics in the third quarter valued at approximately $1,200,000. Finally, Allianz Asset Management GmbH bought a new stake in Synaptics in the third quarter valued at approximately $3,524,000. Institutional investors own 99.43% of the company’s stock.

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

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.