Synaptics (NASDAQ:SYNA) Raised to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Synaptics from “hold” to “buy,” adding to a generally positive analyst backdrop. The stock now carries a consensus rating of “Moderate Buy” with an average price target of $114.18.
• Synaptics reported better-than-expected quarterly results, posting EPS of $1.09 on revenue of $294.2 million, both above estimates. Revenue rose 10.4% year over year, and the company’s Q4 2026 EPS guidance of $1.05 to $1.35 also topped analyst expectations.
• Several analysts raised their price targets after the earnings report, including Mizuho, Susquehanna, Rosenblatt, and Barclays. The article also notes recent insider selling, though insiders own only 0.50% of the company and institutional investors hold 99.43%.

Synaptics (NASDAQ:SYNA - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

SYNA has been the topic of a number of other research reports. Mizuho set a $128.00 price target on shares of Synaptics in a report on Friday. Craig Hallum reaffirmed a "hold" rating and set a $95.00 target price on shares of Synaptics in a research note on Friday. Susquehanna lifted their target price on shares of Synaptics from $105.00 to $125.00 and gave the company a "positive" rating in a research note on Friday. 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 research note on Friday, February 6th. Finally, Barclays lifted their target price on shares of Synaptics from $100.00 to $110.00 and gave the company an "overweight" rating in a research note on Friday. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $114.18.

Synaptics Price Performance

Shares of Synaptics stock opened at $125.43 on Friday. The firm has a market cap of $4.86 billion, a PE ratio of -101.15, a price-to-earnings-growth ratio of 4.01 and a beta of 1.86. Synaptics has a 12-month low of $57.54 and a 12-month high of $129.78. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. The company's fifty day simple moving average is $79.18 and its two-hundred day simple moving average is $77.86.

Synaptics (NASDAQ:SYNA - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.08. The business had revenue of $294.20 million for the quarter, compared to analyst estimates of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.29%. The company's revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, equities analysts expect that Synaptics will post 1.18 EPS for the current year.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 1,548 shares of the business's stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $92.90, for a total transaction of $143,809.20. Following the sale, the insider owned 87,382 shares of the company's stock, valued at $8,117,787.80. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the business's stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26. Following the sale, the insider directly owned 65,183 shares in the company, valued at $5,336,532.21. The trade was a 2.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 7,348 shares of company stock valued at $618,827. 0.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Synaptics

Several hedge funds have recently bought and sold shares of SYNA. CIBC Private Wealth Group LLC boosted its stake in Synaptics by 119.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker's stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker's stock worth $41,000 after acquiring an additional 351 shares in the last quarter. Optiver Holding B.V. boosted its stake in Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker's stock worth $41,000 after acquiring an additional 170 shares in the last quarter. Leonteq Securities AG bought a new stake in Synaptics during the fourth quarter worth about $43,000. Finally, Lazard Asset Management LLC bought a new stake in Synaptics during the second quarter worth about $54,000. Institutional investors own 99.43% of the company's stock.

Key Stories Impacting Synaptics

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Synaptics reported Q3 adjusted EPS of $1.09, topping estimates, with revenue of $294.2 million also beating consensus; management said core IoT product sales jumped 31% year over year and highlighted multiple design wins in physical AI and robotics. Article: Synaptics Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: The company issued Q4 EPS guidance of $1.05 to $1.35, above the analyst estimate of $0.95, which suggests better near-term earnings momentum.
• Positive Sentiment: Analysts turned more constructive after the results: JPMorgan raised its target to $115 with an overweight rating, Barclays lifted its target to $110 with an overweight rating, and Susquehanna increased its target to $125 with a positive rating.
• Neutral Sentiment: Synaptics also released an earnings call transcript and follow-up analysis pieces that largely reinforced the upbeat earnings picture rather than adding a new catalyst. Article: Synaptics Incorporated (SYNA) Q3 2026 Earnings Call Transcript Article: Synaptics (SYNA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Article: Synaptics (SYNA) Beats Q3 Earnings and Revenue Estimates

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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