Synaptics (NASDAQ:SYNA – Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.650-1.050 for the period, compared to the consensus estimate of 0.840. The company issued revenue guidance of $250.0 million-$280.0 million, compared to the consensus revenue estimate of $262.9 million. Synaptics also updated its Q2 guidance to $0.65-$1.05 EPS.
Analyst Ratings Changes
A number of brokerages have issued reports on SYNA. Susquehanna reduced their price target on Synaptics from $110.00 to $95.00 and set a “positive” rating for the company in a research report on Monday, October 21st. JPMorgan Chase & Co. dropped their price target on Synaptics from $120.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, August 9th. Needham & Company LLC lowered their price target on shares of Synaptics from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday. KeyCorp downgraded shares of Synaptics from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 8th. Finally, Rosenblatt Securities decreased their price target on shares of Synaptics from $130.00 to $92.00 and set a “buy” rating on the stock in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.33.
View Our Latest Report on Synaptics
Synaptics Stock Up 8.4 %
Synaptics (NASDAQ:SYNA – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The software maker reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.09. Synaptics had a net margin of 16.14% and a return on equity of 1.34%. The firm had revenue of $247.40 million during the quarter, compared to analysts’ expectations of $245.17 million. During the same period last year, the company earned $0.01 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. As a group, analysts expect that Synaptics will post 0.72 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Vikram Gupta sold 1,008 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $80.00, for a total value of $80,640.00. Following the transaction, the insider now owns 45,789 shares in the company, valued at approximately $3,663,120. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have sold 5,609 shares of company stock valued at $448,720. 1.30% of the stock is owned by insiders.
About Synaptics
Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.
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