Synaptics (NASDAQ:SYNA) Given New $103.00 Price Target at Mizuho

Synaptics (NASDAQ:SYNA) had its target price lifted by Mizuho from $94.00 to $103.00 in a research note released on Friday, MarketBeat reports. They currently have an outperform rating on the software maker’s stock.

Several other equities research analysts have also weighed in on the company. Northland Securities raised their price objective on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Monday, December 29th. Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a report on Tuesday, December 16th. Needham & Company LLC lifted their price target on Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday. Rosenblatt Securities boosted their price objective on Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Finally, Barclays reiterated an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.91.

Synaptics Stock Performance

NASDAQ:SYNA opened at $89.23 on Friday. The company has a 50-day moving average of $80.62 and a 200-day moving average of $72.33. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of -56.12, a price-to-earnings-growth ratio of 3.66 and a beta of 1.72. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60. Synaptics has a twelve month low of $41.80 and a twelve month high of $95.08.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.15 by $0.06. The business had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.76%. The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Analysts forecast that Synaptics will post 0.96 earnings per share for the current fiscal year.

Insider Transactions at Synaptics

In other news, insider Vikram Gupta sold 694 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total value of $52,050.00. Following the completion of the sale, the insider directly owned 100,082 shares of the company’s stock, valued at $7,506,150. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Bodensteiner sold 336 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total transaction of $25,478.88. Following the sale, the insider owned 74,425 shares of the company’s stock, valued at approximately $5,643,647.75. This represents a 0.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,906 shares of company stock valued at $698,177 over the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

Institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its holdings in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after acquiring an additional 594,235 shares in the last quarter. State Street Corp boosted its position in Synaptics by 0.5% during the second quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock valued at $132,181,000 after purchasing an additional 9,335 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Synaptics by 51.1% in the third quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after purchasing an additional 184,303 shares in the last quarter. AQR Capital Management LLC increased its position in Synaptics by 186.2% in the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after purchasing an additional 288,523 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Synaptics during the 2nd quarter worth about $25,876,000. Institutional investors and hedge funds own 99.43% of the company’s stock.

More Synaptics News

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Q2 fiscal 2026 results beat expectations — revenue $302.5M (up 13% YoY), non‑GAAP EPS $1.21, strong non‑GAAP gross margin (53.6%) and core IoT product sales +53% YoY, signaling product demand and margin leverage. GlobeNewswire Q2 Results
• Positive Sentiment: Management raised Q3 FY26 guidance well above consensus: EPS guidance $0.85–$1.15 (vs. street ~$0.66) and revenue guide $280–$300M (vs. street ~$285M) — this upside guide is a near-term earnings catalyst. Slide Deck / Press Release
• Positive Sentiment: Analysts lifted targets and ratings: Rosenblatt raised its target to $125 (buy) and Mizuho lifted its target to $103 (outperform), providing upside endorsement that can support further price appreciation. The Fly / Mizuho Benzinga (Rosenblatt)
• Positive Sentiment: Partnership news (42 Technology) on edge‑AI adoption in manufacturing highlights product/market expansion opportunities for Synaptics’ Edge AI and IoT portfolio. Partnership Article
• Neutral Sentiment: Investors and analysts can review the full earnings presentation and call transcripts for color on product mix, channel trends and margin drivers. Earnings Presentation Q2 Call Transcript
• Neutral Sentiment: Archival transcripts (Q1 2025) and third‑party post‑earnings analysis are available for deeper review of historical trends and analyst models. Yahoo Q1 2025 Transcript
• Negative Sentiment: GAAP figures remain mixed: the company reported a GAAP loss per share (~$0.38) and some metrics (net margin) still reflect legacy volatility — these items can limit valuation expansion until sustained GAAP profitability is visible. GAAP Results
• Negative Sentiment: Some market coverage noted an initial negative reaction (stock weakness/slip) as investors parsed guidance details and near‑term dynamics despite the beat — short‑term volatility may continue. Investing.com MSN

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.