Northland Capital Markets has initiated coverage on Synaptics Inc (SYNA), assigning the company an Outperform rating. This marks the firm's first assessment of Synaptics, reflecting their analysis of the company's investment potential within the semiconductor industry.
Headquartered in San Jose, California, Synaptics specializes in developing human interface semiconductor solutions for electronic devices. The company employs approximately 1,700 individuals and has a market capitalization of $2.7 billion. Synaptics' product offerings span various applications, including core Internet of Things (IoT) solutions, enterprise products for personal computers and audio-visual systems, and mobile applications for smartphones and tablets.
As of December 1, 2025, Synaptics' stock is priced at $75.72. The company is set to report its next earnings on August 5, 2026, with analysts estimating earnings per share (EPS) of $1.14 and revenue of $306.1 million. This update provides insight into the firm’s outlook on Synaptics, a company that has exhibited a range of EPS surprises in recent quarters, including a 1.1% surprise in Q1 2026 where EPS reached $1.09 against an estimate of $1.08.
Analyst ratings can serve as valuable indicators, but they are based on assumptions that may not always materialize. Investors should consider a variety of factors, including company fundamentals and market trends, when making decisions. Analyst opinions should be viewed as one of many inputs in the investment process.
The announcement highlights Northland Capital Markets' confidence in Synaptics as it embarks on its coverage of the company.