Zacks Research Upgrades Synaptics (NASDAQ:SYNA) to “Hold”

Synaptics (NASDAQ:SYNA) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Several other analysts have also weighed in on the company. Craig Hallum reissued a “hold” rating and issued a $95.00 price objective on shares of Synaptics in a report on Friday. Northland Securities set a $123.00 price objective on Synaptics in a report on Friday. Wells Fargo & Company boosted their price objective on Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Susquehanna boosted their price objective on Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a report on Friday. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $114.18.

Synaptics Stock Up 18.6%

Shares of NASDAQ:SYNA opened at $125.43 on Thursday. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $79.18 and a 200 day simple moving average of $77.86. The firm has a market cap 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. Synaptics has a 12-month low of $57.54 and a 12-month high of $129.78.

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

Insider Activity at Synaptics

In other news, insider Vikram Gupta sold 1,548 shares of the company’s stock in a transaction that occurred on 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 directly owned 87,382 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, 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 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 transaction, the insider directly owned 65,183 shares of the company’s stock, valued at $5,336,532.21. This trade represents 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 7,348 shares of company stock valued at $618,827 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Synaptics

Several institutional investors have recently made changes to their positions in SYNA. CIBC Private Wealth Group LLC grew its position in shares of Synaptics by 119.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after acquiring an additional 190 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of 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 last quarter. Optiver Holding B.V. grew its position in shares of 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 last quarter. Leonteq Securities AG bought a new position in shares of Synaptics during the fourth quarter worth about $43,000. Finally, Lazard Asset Management LLC bought a new position in shares of Synaptics during the second quarter worth about $54,000. 99.43% of the stock is owned by institutional investors.

Synaptics News Roundup

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.