Northland Securities Boosts Synaptics (NASDAQ:SYNA) Price Target to $106.00

Synaptics (NASDAQ:SYNA) had its price objective raised by analysts at Northland Securities from $85.00 to $106.00 in a report released on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the software maker’s stock. Northland Securities’ target price would indicate a potential upside of 43.66% from the company’s previous close.

A number of other analysts also recently issued reports on SYNA. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Synaptics in a report on Thursday, September 11th. They issued a “buy” rating and a $85.00 price objective on the stock. Zacks Research upgraded shares of Synaptics from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $95.00 target price on shares of Synaptics in a research report on Tuesday, November 11th. Needham & Company LLC reissued a “buy” rating and set a $85.00 price target on shares of Synaptics in a research report on Friday, November 7th. Finally, TD Cowen boosted their price target on Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $91.00.

Synaptics Trading Up 0.4%

Shares of Synaptics stock traded up $0.32 during trading on Monday, hitting $73.78. 171,844 shares of the company were exchanged, compared to its average volume of 493,995. The firm has a market capitalization of $2.88 billion, a P/E ratio of -63.58, a price-to-earnings-growth ratio of 3.08 and a beta of 1.76. The firm’s fifty day moving average price is $70.67 and its 200 day moving average price is $68.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31. Synaptics has a 1-year low of $41.80 and a 1-year high of $89.81.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, November 6th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.03. The business had revenue of $292.50 million during the quarter, compared to analyst estimates of $289.93 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.Synaptics’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, sell-side analysts expect that Synaptics will post 0.96 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Lisa Bodensteiner sold 7,182 shares of the company’s stock in a transaction dated 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 directly owned 75,542 shares in the company, valued at approximately $5,943,644.56. This represents a 8.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Vikram Gupta sold 694 shares of Synaptics stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total transaction of $52,050.00. Following the completion of the sale, the insider owned 100,082 shares of the company’s stock, valued at $7,506,150. This trade represents a 0.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 8,906 shares of company stock worth $698,177. Insiders own 0.50% of the company’s stock.

Institutional Trading of Synaptics

Large investors have recently modified their holdings of the stock. Vident Advisory LLC bought a new stake in shares of Synaptics during the first quarter worth about $628,000. Quarry LP boosted its position in Synaptics by 220.0% during the 1st quarter. Quarry LP now owns 528 shares of the software maker’s stock worth $34,000 after buying an additional 363 shares during the period. Graham Capital Management L.P. grew its holdings in Synaptics by 216.8% during the 1st quarter. Graham Capital Management L.P. now owns 8,439 shares of the software maker’s stock worth $538,000 after acquiring an additional 5,775 shares during the last quarter. Cubist Systematic Strategies LLC grew its holdings in Synaptics by 43.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 97,838 shares of the software maker’s stock worth $6,234,000 after acquiring an additional 29,701 shares during the last quarter. Finally, PDT Partners LLC increased its position in Synaptics by 85.0% in the 1st quarter. PDT Partners LLC now owns 50,030 shares of the software maker’s stock valued at $3,188,000 after acquiring an additional 22,980 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.