Synaptics (NASDAQ:SYNA) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Synaptics (NASDAQ:SYNA) issued its quarterly earnings results on Thursday. The software maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06, FiscalAI reports. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The company had revenue of $302.50 million for the quarter, compared to analysts’ expectations of $300.31 million. Synaptics updated its Q3 2026 guidance to 0.850-1.150 EPS.

Synaptics Trading Down 0.4%

NASDAQ SYNA traded down $0.39 on Thursday, reaching $87.31. The company had a trading volume of 908,486 shares, compared to its average volume of 826,601. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of -75.27, a P/E/G ratio of 3.48 and a beta of 1.72. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31. Synaptics has a fifty-two week low of $41.80 and a fifty-two week high of $94.59. The business has a 50 day moving average of $79.81 and a two-hundred day moving average of $72.07.

Insider Activity

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

Institutional Investors Weigh In On Synaptics

Large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its position in shares of Synaptics by 186.2% during the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after buying an additional 288,523 shares during the period. Squarepoint Ops LLC increased its position in Synaptics by 376.6% in the 2nd quarter. Squarepoint Ops LLC now owns 198,269 shares of the software maker’s stock valued at $12,852,000 after buying an additional 156,671 shares in the last quarter. Two Sigma Investments LP raised its stake in Synaptics by 322.0% during the 3rd quarter. Two Sigma Investments LP now owns 127,706 shares of the software maker’s stock worth $8,727,000 after buying an additional 97,444 shares during the period. Bank of America Corp DE grew its stake in Synaptics by 68.7% in the second quarter. Bank of America Corp DE now owns 238,298 shares of the software maker’s stock valued at $15,446,000 after acquiring an additional 97,018 shares during the period. Finally, Cubist Systematic Strategies LLC raised its holdings in Synaptics by 95.5% during the second quarter. Cubist Systematic Strategies LLC now owns 191,266 shares of the software maker’s stock worth $12,398,000 after buying an additional 93,428 shares during the last quarter. Institutional investors and hedge funds own 99.43% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on SYNA. Susquehanna boosted their target price on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a research report on Thursday, January 22nd. Barclays reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. Rosenblatt Securities reissued a “buy” rating and set a $95.00 price target on shares of Synaptics in a report on Tuesday, November 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Synaptics in a research note on Friday, November 7th. Finally, Mizuho set a $94.00 target price on Synaptics in a research note on Friday, January 9th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.56.

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.