Synchrony Financial (NYSE:SYF) Stock Gets Price Target Boost from Barclays

Key Points

• Barclays raised Synchrony Financial’s price target from $93 to $94 and maintained an “overweight” rating, implying roughly 28% upside from the prior close.
• Synchrony reported quarterly EPS of $2.68, beating the $2.42 consensus estimate, while revenue of $3.82 billion slightly exceeded expectations. Analysts collectively rate the stock “Moderate Buy,” with an average price target of $87.67.
• Credit performance and consumer spending remained resilient: purchase volume increased 8% year over year, while delinquency and net charge-off rates improved, although year-over-year EPS declined because of higher expenses and narrower net interest margins.

Synchrony Financial (NYSE:SYF - Get Free Report) had its target price raised by Barclays from $93.00 to $94.00 in a note issued to investors on Wednesday, Benzinga reports. The firm currently has an "overweight" rating on the financial services provider's stock. Barclays' price target indicates a potential upside of 28.00% from the company's previous close.

SYF has been the topic of a number of other research reports. UBS Group decreased their target price on shares of Synchrony Financial from $87.00 to $81.00 and set a "neutral" rating on the stock in a research note on Monday, October 5th. BMO Capital Markets initiated coverage on Synchrony Financial in a research report on Friday, October 9th. They set a "market perform" rating and a $81.00 price objective on the stock. TD Cowen decreased their price target on Synchrony Financial from $90.00 to $86.00 and set a "buy" rating for the company in a research note on Tuesday, October 6th. JPMorgan Chase & Co. decreased their target price on Synchrony Financial from $78.00 to $74.00 and set a "neutral" rating for the company in a research report on Monday, October 12th. Finally, Wells Fargo & Company decreased their price objective on Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating for the company in a research note on Wednesday, July 22nd. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Synchrony Financial has an average rating of "Moderate Buy" and an average price target of $87.67.

Synchrony Financial Stock Performance

SYF stock opened at $73.44 on Wednesday. Synchrony Financial has a 12-month low of $63.08 and a 12-month high of $88.77. The stock's 50 day simple moving average is $75.78 and its 200 day simple moving average is $74.63. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $23.90 billion, a PE ratio of 7.52, a price-to-earnings-growth ratio of 0.86 and a beta of 1.35.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its earnings results on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.26. The business had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.81 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same quarter in the prior year, the business earned $2.86 EPS. As a group, research analysts forecast that Synchrony Financial will post 9.40 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Pension & Wealth Management Advisors Inc. acquired a new position in Synchrony Financial in the third quarter valued at approximately $26,000. Compass Financial Management LLC purchased a new position in Synchrony Financial in the second quarter valued at approximately $29,000. GK Wealth Management LLC purchased a new position in Synchrony Financial in the third quarter valued at approximately $31,000. Center for Financial Planning Inc. raised its holdings in Synchrony Financial by 242.9% during the first quarter. Center for Financial Planning Inc. now owns 480 shares of the financial services provider's stock worth $33,000 after purchasing an additional 340 shares in the last quarter. Finally, Fiduciary Financial Advisors acquired a new stake in Synchrony Financial during the second quarter worth approximately $33,000. Institutional investors and hedge funds own 96.48% of the company's stock.

Synchrony Financial News Summary

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Q3 earnings exceeded expectations: Synchrony reported adjusted earnings of $2.68 per share, above the $2.42–$2.48 consensus range, while revenue of $3.82 billion was slightly ahead of estimates. Management also projected full-year earnings of approximately $9.50 per share, near the top of its prior outlook. Synchrony Reports Third Quarter 2026 Results
• Positive Sentiment: Credit performance improved: Net charge-offs declined to about 4.79%, while 30-day and 90-day delinquency rates also eased. The data reduces concerns about a major consumer-credit deterioration and suggests Synchrony’s underwriting and risk controls are working. Synchrony Q3 Earnings Beat Estimates
• Positive Sentiment: Consumer spending remained resilient: Third-quarter purchase volume rose 8% year over year to approximately $49.7 billion, supported by growth in Diversified & Value and Home & Auto. Synchrony also repurchased roughly $1.1 billion of stock, potentially supporting future earnings per share.
• Positive Sentiment: New CareCredit payment option: CareCredit Pay Later will offer consumers installment loans alongside revolving credit products, giving healthcare and wellness customers more financing choices and potentially increasing provider and transaction volumes. CareCredit Introduces CareCredit Pay Later
• Neutral Sentiment: Synchrony declared a quarterly dividend of $0.34 per share, equal to $1.36 annually and a yield of roughly 1.9%. The dividend reinforces shareholder returns, though the next ex-dividend date is November 5.
• Negative Sentiment: Profit declined year over year: Third-quarter earnings fell from $2.86 to $2.68 per share as expenses increased. Net interest margin also narrowed, partly because healthier payment behavior reduced late-fee revenue. Synchrony Financial Profit Falls on Higher Costs
• Negative Sentiment: Evercore downgraded SYF: The firm moved its rating from “outperform” to “in-line,” assigning a $78 price target. The downgrade could weigh on sentiment despite the target remaining above the quoted market level.

Synchrony Financial Company Profile

Synchrony Financial NYSE: SYF is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.

The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.

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