Synaptics (NASDAQ:SYNA) Releases 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 earnings per share (EPS) guidance of 1.490-1.690 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SYNA shares. Needham & Company LLC assumed coverage on Synaptics in a report on Friday, May 9th. They issued a "buy" rating and a $80.00 target price on the stock. Wall Street Zen raised Synaptics from a "hold" rating to a "buy" rating in a research report on Saturday. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $94.00.

Synaptics Trading Up 1.7%

Shares of SYNA stock traded up $1.10 on Monday, hitting $64.62. The company had a trading volume of 59,352 shares, compared to its average volume of 535,062. Synaptics has a twelve month low of $41.80 and a twelve month high of $89.81. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.26 and a current ratio of 2.78. The stock's 50-day moving average is $64.95 and its two-hundred day moving average is $63.74. The firm has a market cap of $2.49 billion, a P/E ratio of -53.59 and a beta of 1.61.

Synaptics (NASDAQ:SYNA - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The software maker reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.01. The business had revenue of $282.80 million for the quarter, compared to analyst estimates of $280.12 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.45%. Synaptics's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the company posted $0.64 earnings per share. On average, equities research analysts anticipate that Synaptics will post 0.96 earnings per share for the current fiscal year.

Synaptics declared that its board has approved a share repurchase plan on Thursday, August 7th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the software maker to reacquire up to 6.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Synaptics stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Synaptics Incorporated (NASDAQ:SYNA - Free Report) by 5.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,704 shares of the software maker's stock after buying an additional 4,917 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.24% of Synaptics worth $5,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other 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.