Synchronoss Technologies Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchronoss Technologies in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Synchronoss Technologies stock.
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Synchronoss Technologies saw a decrease in short interest in June. As of June 30th, there was short interest totaling 4,000,000 shares, a decrease of 31.5% from the June 15th total of 5,840,000 shares. Based on an average trading volume of 1,250,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 11.7% of the shares of the stock are short sold.
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Synchronoss Technologies is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Synchronoss Technologies.

Synchronoss Technologies will be holding an earnings conference call on Monday, August 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-859-2056 with passcode "1484858".

Synchronoss Technologies, Inc. (NASDAQ:SNCR) posted its quarterly earnings results on Monday, May, 10th. The software maker reported ($0.33) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.36) by $0.03. The software maker earned $65.50 million during the quarter, compared to the consensus estimate of $64.40 million. Synchronoss Technologies had a positive trailing twelve-month return on equity of 16.85% and a negative net margin of 6.80%.
View Synchronoss Technologies' earnings history.

Synchronoss Technologies' stock was trading at $3.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SNCR shares have decreased by 21.1% and is now trading at $2.91.
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Synchronoss Technologies updated its FY 2021 earnings guidance on Wednesday, July, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $275 million-$285 million, compared to the consensus revenue estimate of $278.79 million.

5 analysts have issued twelve-month price targets for Synchronoss Technologies' shares. Their forecasts range from $5.25 to $9.00. On average, they anticipate Synchronoss Technologies' share price to reach $7.23 in the next twelve months. This suggests a possible upside of 148.5% from the stock's current price.
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7 employees have rated Synchronoss Technologies CEO Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 76% among Synchronoss Technologies' employees.

Some companies that are related to Synchronoss Technologies include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), Tyler Technologies (TYL), SS&C Technologies (SSNC), Nuance Communications (NUAN), Fair Isaac (FICO), FactSet Research Systems (FDS) and Citrix Systems (CTXS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Synchronoss Technologies investors own include Advanced Micro Devices (AMD), BlackRock (BLK), NVIDIA (NVDA), Frontier Communications (FTR), Activision Blizzard (ATVI), Alibaba Group (BABA), CA (CA), Cisco Systems (CSCO), General Electric (GE) and QUALCOMM (QCOM).

Synchronoss Technologies trades on the NASDAQ under the ticker symbol "SNCR."

Synchronoss Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include GSA Capital Partners LLP (0.31%), Russell Investments Group Ltd. (0.17%), Cowen Prime Advisors LLC (0.09%), Eidelman Virant Capital (0.05%) and Cutler Group LP (0.00%). Company insiders that own Synchronoss Technologies stock include David D Clark, Glenn Lurie, Jeffrey George Miller, Mary P Clark, Ronald Prague and Stephen G Waldis.
View institutional ownership trends for Synchronoss Technologies.

SNCR stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Synchronoss Technologies company stock in the last year include David D Clark, Jeffrey George Miller, and Ronald Prague.
View insider buying and selling activity for Synchronoss Technologies or view top insider-selling stocks.

SNCR stock was bought by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Cowen Prime Advisors LLC, Eidelman Virant Capital, and Cutler Group LP. Company insiders that have bought Synchronoss Technologies stock in the last two years include David D Clark, and Glenn Lurie.
View insider buying and selling activity for Synchronoss Technologies or or view top insider-buying stocks.

Shares of SNCR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SNCR stock can currently be purchased for approximately $2.91.

Synchronoss Technologies has a market capitalization of $128.48 million and generates $291.67 million in revenue each year. The software maker earns $-10,700,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis.

Synchronoss Technologies employs 1,598 workers across the globe.

The following companies are subsidiares of Synchronoss Technologies: FusionOne, Miyowa, Openwave Messaging, Razorsight, SpeechCycle, Voxmobili, Wisor Telecom, and Younited.

Synchronoss Technologies was founded in 2000.

The official website for Synchronoss Technologies is www.synchronoss.com.

Synchronoss Technologies is headquartered at 200 CROSSING BOULEVARD 8TH FLOOR, BRIDGEWATER NJ, 08807.

Synchronoss Technologies' mailing address is 200 CROSSING BOULEVARD 8TH FLOOR, BRIDGEWATER NJ, 08807. The software maker can be reached via phone at 866-620-3940 or via email at [email protected]