Synaptics - SYNA Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synaptics in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SYNA shares.
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9 Wall Street analysts have issued 1-year price objectives for Synaptics' shares. Their SYNA share price forecasts range from $90.00 to $190.00. On average, they anticipate the company's stock price to reach $137.27 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
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Synaptics' stock was trading at $95.16 at the beginning of 2023. Since then, SYNA stock has increased by 30.0% and is now trading at $123.73.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
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Synaptics will be holding an earnings conference call on Thursday, February 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Synaptics Incorporated (NASDAQ:SYNA) released its quarterly earnings results on Thursday, November, 3rd. The software maker reported $2.89 EPS for the quarter, topping the consensus estimate of $2.77 by $0.12. The software maker earned $448.10 million during the quarter, compared to the consensus estimate of $450.48 million. Synaptics had a net margin of 15.53% and a trailing twelve-month return on equity of 39.05%. Synaptics's revenue was up 20.2% on a year-over-year basis. During the same period last year, the company posted $1.98 EPS.

Synaptics updated its second quarter 2023 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $350.00 million-$380.00 million, compared to the consensus revenue estimate of $448.22 million.

16 employees have rated Synaptics Chief Executive Officer Michael Hurlston on Glassdoor.com. Michael Hurlston has an approval rating of 56% among the company's employees. This puts Michael Hurlston in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Synaptics investors own include CA (CA), BlackRock (BLK), QUALCOMM (QCOM), Micron Technology (MU), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Alibaba Group (BABA), Endologix (ELGX), Intel (INTC) and Pfizer (PFE).

Synaptics trades on the NASDAQ under the ticker symbol "SYNA."

Synaptics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Comerica Bank (0.29%), Peregrine Capital Management LLC (0.18%), New York State Teachers Retirement System (0.13%), Deroy & Devereaux Private Investment Counsel Inc. (0.08%), Moody Aldrich Partners LLC (0.05%) and Bridge City Capital LLC (0.04%). Insiders that own company stock include Ares Management Llc, Dean Warren Butler, James L Whims, Jeffrey D Buchanan, Jeffrey D Buchanan, John Mcfarland, Keith Geeslin, Kermit Nolan, Kiva A Allgood, Kiva A Allgood, Michael E Hurlston, Nelson C Chan, Richard L Sanquini, Saleel Awsare and Susan J Hardman.
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Shares of SYNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SYNA stock can currently be purchased for approximately $123.73.

Synaptics (NASDAQ:SYNA) has a market capitalization of $4.93 billion and generates $1.74 billion in revenue each year. The software maker earns $257.50 million in net income (profit) each year or $6.93 on an earnings per share basis.

The company employs 1,775 workers across the globe.

Synaptics' mailing address is 1251 MCKAY DRIVE, SAN JOSE CA, 95131. The official website for the company is www.synaptics.com. The software maker can be reached via phone at (408) 904-1100, via email at ir@synaptics.com, or via fax at 408-904-1110.