Synaptics (NASDAQ:SYNA) Issues Q1 2026 Earnings Guidance

Key Points

• Synaptics has updated its Q1 2026 earnings guidance, projecting EPS between 1.490 and 1.690, significantly above the consensus estimate of 1.043.
• The company also provided revenue guidance of $280.0 million to $300.0 million, compared to the consensus estimate of $285.8 million.
• Despite the positive guidance, Synaptics shares are currently trading down by 0.7% at $59.70.

Synaptics (NASDAQ:SYNA - Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.490-1.690 for the period, compared to the consensus EPS estimate of 1.043. The company issued revenue guidance of $280.0 million-$300.0 million, compared to the consensus revenue estimate of $285.8 million.

Synaptics Trading Down 0.7%

Shares of SYNA traded down $0.40 during midday trading on Thursday, reaching $59.70. The company had a trading volume of 729,183 shares, compared to its average volume of 372,583. Synaptics has a 1-year low of $41.80 and a 1-year high of $89.81. The company has a quick ratio of 2.34, a current ratio of 2.88 and a debt-to-equity ratio of 0.60. The firm has a 50 day simple moving average of $64.85 and a 200-day simple moving average of $64.18. The stock has a market cap of $2.30 billion, a PE ratio of 53.19 and a beta of 1.61.

Synaptics (NASDAQ:SYNA - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The software maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.05. Synaptics had a net margin of 15.90% and a return on equity of 3.16%. The business had revenue of $266.60 million during the quarter, compared to analysts' expectations of $265.03 million. During the same quarter in the prior year, the company posted $0.53 EPS. The business's revenue for the quarter was up 12.3% on a year-over-year basis. Research analysts forecast that Synaptics will post 0.96 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Needham & Company LLC initiated coverage on Synaptics in a report on Friday, May 9th. They set a "buy" rating and a $80.00 price target for the company. One analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $93.75.

Hedge Funds Weigh In On Synaptics

A hedge fund recently raised its stake in Synaptics stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Synaptics Incorporated (NASDAQ:SYNA - Free Report) by 5.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,704 shares of the software maker's stock after purchasing an additional 4,917 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.24% of Synaptics worth $5,780,000 at the end of the most recent quarter. Institutional investors own 99.43% of the company's stock.

About Synaptics

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.

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