Synaptics (NASDAQ:SYNA – Get Free Report) posted its quarterly earnings results on Thursday. The software maker reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.02, FiscalAI reports. The business had revenue of $308.00 million for the quarter, compared to analysts’ expectations of $305.32 million. Synaptics had a negative net margin of 41.00% and a positive return on equity of 4.01%. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.01 EPS.
Synaptics Price Performance
Shares of NASDAQ:SYNA traded up $4.09 during midday trading on Friday, hitting $106.19. 582,750 shares of the stock were exchanged, compared to its average volume of 748,544. Synaptics has a twelve month low of $58.28 and a twelve month high of $149.11. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62. The company has a 50 day moving average price of $123.61 and a 200-day moving average price of $102.07. The stock has a market cap of $4.10 billion, a P/E ratio of -8.39 and a beta of 1.99.
Insider Activity at Synaptics
In other Synaptics news, insider Esther Song sold 8,833 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $141.17, for a total value of $1,246,954.61. Following the sale, the insider owned 12,421 shares of the company’s stock, valued at $1,753,472.57. This represents a 41.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikram Gupta sold 360 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $114.20, for a total transaction of $41,112.00. Following the completion of the sale, the insider owned 81,226 shares in the company, valued at $9,276,009.20. This represents a 0.44% decrease in their ownership of the stock. 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 three months, insiders have sold 11,649 shares of company stock valued at $1,603,484. Insiders own 0.50% of the company’s stock.
Institutional Investors Weigh In On Synaptics
Synaptics News Roundup
Here are the key news stories impacting Synaptics this week:
- Positive Sentiment: Synaptics reported fiscal Q4 adjusted earnings of $1.23 per share, above the $1.21 consensus estimate and up from $1.01 a year earlier. Revenue increased 8.9% year over year to $308 million, also surpassing the $305.32 million estimate. Synaptics Surpasses Q4 Earnings and Revenue Estimates
- Positive Sentiment: The earnings beat, improving year-over-year revenue and stronger-than-expected quarterly performance provide near-term fundamental support for SYNA. Synaptics Reports Fourth Quarter and Full Year Fiscal 2026 Results
- Neutral Sentiment: Wells Fargo reduced its price target from $160 to $140 but maintained an Overweight rating, implying substantial potential upside from recent trading levels. Wells Fargo analyst action
- Neutral Sentiment: TD Cowen maintained a Hold rating with a $150 target, describing results as stable while flagging uncertainty related to the onsemi acquisition. TD Cowen maintains Hold on Synaptics
- Negative Sentiment: Rosenblatt Securities cut its price target sharply from $160 to $115 and downgraded its stance to Neutral, signaling more limited confidence in the stock’s valuation and near-term upside. Rosenblatt analyst action
Analyst Upgrades and Downgrades
A number of analysts recently commented on SYNA shares. Susquehanna decreased their price objective on shares of Synaptics from $140.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Wall Street Zen raised shares of Synaptics from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Mizuho lifted their price target on shares of Synaptics from $128.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Barclays reissued an “equal weight” rating and set a $135.00 price target (up from $110.00) on shares of Synaptics in a research note on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $123.91.
Get Our Latest Research Report on SYNA
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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