Synaptics (NASDAQ:SYNA) Lowered to Strong Sell Rating by Zacks Research

Key Points

• Zacks Research downgraded Synaptics (NASDAQ:SYNA) from a "hold" to a "strong sell".
• That downgrade contrasts with broader analyst sentiment—10 analysts rate the stock a Buy (2 Hold, 2 Sell), giving a consensus "Moderate Buy" and a price target of about $99.91.
• Synaptics recently beat quarterly EPS ($1.21 vs. $1.15 estimate) and posted revenue up 13.2% year-over-year, while guiding Q3 2026 EPS to $0.85–$1.15.

Synaptics (NASDAQ:SYNA - Get Free Report) was downgraded by investment analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a report released on Wednesday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. TD Cowen reaffirmed a "buy" rating on shares of Synaptics in a report on Friday, February 6th. Needham & Company LLC lifted their target price on shares of Synaptics from $100.00 to $105.00 and gave the company a "buy" rating in a report on Friday, February 6th. Rosenblatt Securities lifted their target price on shares of Synaptics from $95.00 to $125.00 and gave the company a "buy" rating in a report on Friday, February 6th. Barclays reaffirmed an "overweight" rating and set a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. Finally, Susquehanna lifted their target price on shares of Synaptics from $95.00 to $105.00 and gave the company a "positive" rating in a report on Thursday, January 22nd. Ten research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $99.91.

Synaptics Stock Performance

SYNA opened at $74.00 on Wednesday. Synaptics has a 12-month low of $45.32 and a 12-month high of $97.00. 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 firm has a market capitalization of $2.87 billion, a PE ratio of -46.54, a P/E/G ratio of 3.07 and a beta of 1.71. The firm has a 50 day moving average of $78.79 and a two-hundred day moving average of $75.37.

Synaptics (NASDAQ:SYNA - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The company had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. During the same period last year, the firm posted $0.92 EPS. Synaptics's revenue for the quarter was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, analysts anticipate that Synaptics will post 0.96 EPS for the current year.

Insider Buying and Selling at Synaptics

In related news, insider Lisa Bodensteiner sold 576 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total value of $48,919.68. Following the completion of the sale, the insider owned 72,307 shares of the company's stock, valued at approximately $6,141,033.51. The trade was a 0.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Vikram Gupta sold 772 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total transaction of $62,972.04. Following the completion of the sale, the insider directly owned 95,996 shares of the company's stock, valued at approximately $7,830,393.72. The trade was a 0.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,454 shares of company stock valued at $202,505. 0.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Synaptics

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC boosted its stake in Synaptics by 115.0% during the 4th quarter. Hsbc Holdings PLC now owns 110,101 shares of the software maker's stock worth $8,219,000 after purchasing an additional 58,900 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Synaptics by 89.3% during the 4th quarter. Pacer Advisors Inc. now owns 9,706 shares of the software maker's stock worth $718,000 after purchasing an additional 4,578 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Synaptics by 9.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,678 shares of the software maker's stock worth $346,000 after purchasing an additional 418 shares during the last quarter. Vident Advisory LLC acquired a new stake in Synaptics during the 4th quarter worth $363,000. Finally, Mackenzie Financial Corp acquired a new stake in Synaptics during the 4th quarter worth $1,785,000. Institutional investors and hedge funds own 99.43% of the company's stock.

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.

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