Synaptics (NASDAQ:SYNA) Sets New 52-Week High - Should You Buy?

Key Points

• 52-week high: Synaptics stock reached a new 52-week intraday high of $98.43 (last $97.70) on Monday, with roughly 46,668 shares trading and a market cap near $3.89 billion.
• Analyst view — Moderate Buy: The consensus rating is "Moderate Buy" with a $99.91 average price target, based on 10 Buy, 2 Hold and 2 Sell ratings and individual targets ranging about $80 to $125.
• Earnings beat but mixed fundamentals: Synaptics reported EPS of $1.21 vs. $1.15 expected and revenue of $302.5M (up 13.2% YoY), yet it still shows a negative net margin (-5.41%) and negative P/E, and insiders have recently sold shares under Rule 10b5‑1 plans.

Synaptics Incorporated (NASDAQ:SYNA - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $98.43 and last traded at $97.6950, with a volume of 46668 shares trading hands. The stock had previously closed at $96.50.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Craig Hallum reiterated a "hold" rating and issued a $80.00 price target on shares of Synaptics in a research report on Friday, February 6th. Wall Street Zen downgraded shares of Synaptics from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. TD Cowen reiterated a "buy" rating on shares of Synaptics in a research note on Friday, February 6th. Zacks Research downgraded Synaptics from a "hold" rating to a "strong sell" rating in a research report on Wednesday, April 8th. Finally, Rosenblatt Securities upped their price objective on Synaptics from $95.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Ten research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Synaptics presently has a consensus rating of "Moderate Buy" and a consensus price target of $99.91.

Synaptics Stock Performance

The firm's 50-day moving average price is $77.77 and its 200-day moving average price is $77.10. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The stock has a market cap of $3.89 billion, a P/E ratio of -63.10, a PEG ratio of 3.66 and a beta of 1.86.

Synaptics (NASDAQ:SYNA - Get Free Report) last posted its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.06. The company had revenue of $302.50 million during the quarter, compared to analysts' expectations of $300.31 million. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. Synaptics's quarterly revenue was up 13.2% on a year-over-year basis. During the same period last year, the company posted $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Sell-side analysts expect that Synaptics Incorporated will post 1.18 earnings per share for the current fiscal year.

Insider Transactions at Synaptics

In other Synaptics news, insider Lisa Bodensteiner sold 1,798 shares of the firm's stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26. Following the completion of the transaction, the insider owned 65,183 shares in the company, valued at $5,336,532.21. This trade represents a 2.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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. Also, insider Vikram Gupta sold 1,548 shares of Synaptics stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $92.90, for a total value of $143,809.20. Following the completion of the sale, the insider directly owned 87,382 shares in the company, valued at approximately $8,117,787.80. The trade was a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 7,348 shares of company stock valued at $618,827. Company insiders own 0.50% of the company's stock.

Hedge Funds Weigh In On Synaptics

Several institutional investors have recently bought and sold shares of SYNA. CIBC Private Wealth Group LLC increased its holdings in shares of Synaptics by 119.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker's stock worth $26,000 after buying an additional 190 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Synaptics by 143.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker's stock valued at $41,000 after acquiring an additional 351 shares during the last quarter. Optiver Holding B.V. grew its position in Synaptics by 40.2% in 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 approximately $43,000. Finally, Lazard Asset Management LLC purchased a new stake in Synaptics during the second quarter valued at approximately $54,000. Institutional investors 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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