Synchronoss Technologies Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synchronoss Technologies in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Synchronoss Technologies stock.
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Synchronoss Technologies is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Synchronoss Technologies.

Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced its earnings results on Sunday, March, 7th. The software maker reported ($0.19) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.20) by $0.01. The software maker earned $69.38 million during the quarter, compared to analyst estimates of $67.34 million. Synchronoss Technologies had a positive trailing twelve-month return on equity of 24.27% and a negative net margin of 5.05%.
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. Since then, SNCR stock has decreased by 14.4% and is now trading at $3.16.
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Synchronoss Technologies issued an update on its FY 2021 After-Hours earnings guidance on Monday, March, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $275-285 million, compared to the consensus revenue estimate of $282.38 million.

4 brokerages have issued 12 month target prices for Synchronoss Technologies' shares. Their forecasts range from $6.50 to $9.00. On average, they anticipate Synchronoss Technologies' share price to reach $8.13 in the next year. This suggests a possible upside of 157.1% 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), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN) and FactSet Research Systems (FDS).
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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 number of institutional and retail investors. Top institutional shareholders include Bouvel Investment Partners LLC (0.78%). 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 purchased by a variety of institutional investors in the last quarter, including Bouvel Investment Partners LLC. Company insiders that have bought Synchronoss Technologies stock in the last two years include David D Clark, and Glenn Lurie.
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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 $3.16.

Synchronoss Technologies has a market capitalization of $139.55 million and generates $308.75 million in revenue each year. The software maker earns $-104,590,000.00 in net income (profit) each year or ($1.87) on an earnings per share basis.

Synchronoss Technologies employs 1,659 workers across the globe.

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]