Synaptics Incorporated (NASDAQ:SYNA) is one of the On May 8, 2026, Northland raised the firm’s price target on Synaptics Incorporated (NASDAQ:SYNA) to $123 from $106 and kept an Outperform rating on the shares after the company reported results above consensus expectations and…
ided the June quarter higher. Susquehanna also raised the firm’s price target on Synaptics Incorporated (NASDAQ:SYNA) to $125 from $105 and kept a Positive rating on the shares
The firm updated its model following better-than-expected Q1 results and guidance. REDPIXEL.PL/ On May 7, 2026, Synaptics Incorporated (NASDAQ:SYNA) reported Q3 adjusted EPS of $1.09, versus the consensus estimate of $1.01. Revenue totaled $294.2M, versus the consensus estimate of $290.13M.
President and CEO Rahul Patel said the company delivered a solid fiscal third quarter, with double-digit year-over-year revenue growth driven by a 31% increase in Core IoT product sales. Patel added that revenue, non-GAAP gross margin, and non-GAAP EPS all exceeded the midpoints of guidance, reflecting strong execution. Management said that based on the midpoint of Q4 guidance, full-year fiscal 2026 Core IoT revenue is expected to grow more than 40% year over year to above $385M.