NASDAQ:SNCR - Synchronoss Technologies Stock Price, Forecast & News

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

Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced its quarterly earnings data on Monday, November, 4th. The software maker reported ($0.62) EPS for the quarter, missing the Zacks' consensus estimate of ($0.40) by $0.22. The software maker had revenue of $52.21 million for the quarter, compared to analysts' expectations of $88.50 million. Synchronoss Technologies had a negative return on equity of 99.39% and a negative net margin of 66.53%. The business's quarterly revenue was down 37.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.72) EPS. View Synchronoss Technologies' Earnings History.

Synchronoss Technologies is scheduled to release their next quarterly earnings announcement on Monday, March 9th 2020. View Earnings Estimates for Synchronoss Technologies.

Synchronoss Technologies will be holding an earnings conference call on Monday, March 9th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 1-year price objectives for Synchronoss Technologies' stock. Their forecasts range from $13.00 to $13.00. On average, they expect Synchronoss Technologies' stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 159.5% from the stock's current price. View Analyst Price Targets for Synchronoss Technologies.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchronoss Technologies in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synchronoss Technologies.

News stories about SNCR stock have trended extremely negative recently, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synchronoss Technologies earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Synchronoss Technologies.

Some companies that are related to Synchronoss Technologies include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synchronoss Technologies investors own include Frontier Communications (FTR), BlackRock (BLK), CA (CA), Gilead Sciences (GILD), NVIDIA (NVDA), Alibaba Group (BABA), Activision Blizzard (ATVI), Advanced Micro Devices (AMD), Starbucks (SBUX) and Skyworks Solutions (SWKS).

Synchronoss Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Archon Capital Management LLC (5.07%), Renaissance Technologies LLC (2.99%), California Public Employees Retirement System (2.51%), State Street Corp (1.70%), Acadian Asset Management LLC (1.45%) and Jacobs Levy Equity Management Inc. (1.43%). Company insiders that own Synchronoss Technologies stock include David D Clark, Glenn Lurie, Jeffrey George Miller, Mary P Clark, Robert Garcia, Ronald Prague, Stephen G Waldis and William J Cadogan. View Institutional Ownership Trends for Synchronoss Technologies.

SNCR stock was sold by a variety of institutional investors in the last quarter, including Archon Capital Management LLC, Brighton Jones LLC, New York State Common Retirement Fund, AQR Capital Management LLC, Alliancebernstein L.P. and Bank of America Corp DE. Company insiders that have sold Synchronoss Technologies company stock in the last year include David D Clark, Glenn Lurie, Jeffrey George Miller, Mary P Clark, Ronald Prague and Stephen G Waldis. View Insider Buying and Selling for Synchronoss Technologies.

SNCR stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Acadian Asset Management LLC, Jacobs Levy Equity Management Inc., Lapides Asset Management LLC, AXA, Renaissance Technologies LLC, Russell Investments Group Ltd. and State Street Corp. Company insiders that have bought Synchronoss Technologies stock in the last two years include David D Clark, Glenn Lurie and William J Cadogan. View Insider Buying and Selling for Synchronoss Technologies.

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

One share of SNCR stock can currently be purchased for approximately $5.01.

Synchronoss Technologies has a market capitalization of $225.77 million and generates $325.84 million in revenue each year. The software maker earns $-218,150,000.00 in net income (profit) each year or ($4.90) on an earnings per share basis. Synchronoss Technologies employs 1,428 workers across the globe.View Additional Information About Synchronoss Technologies.

The official website for Synchronoss Technologies is http://www.synchronoss.com/.

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]