Synacor Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synacor in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Synacor stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SYNC, but not buy additional shares or sell existing shares.
View analyst ratings for Synacor or view top-rated stocks.

Wall Street analysts have given Synacor a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Synacor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Synacor saw a decline in short interest in March. As of March 15th, there was short interest totaling 85,400 shares, a decline of 32.9% from the February 28th total of 127,300 shares. Based on an average daily trading volume, of 479,900 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.
View Synacor's Short Interest.

Synacor is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Synacor.

Synacor, Inc. (NASDAQ:SYNC) released its earnings results on Thursday, March, 18th. The information services provider reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The information services provider had revenue of $24.07 million for the quarter. Synacor had a negative net margin of 14.55% and a negative trailing twelve-month return on equity of 21.40%.
View Synacor's earnings history.

Synacor's stock was trading at $1.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SYNC shares have increased by 110.6% and is now trading at $2.19.
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Synacor updated its fourth quarter 2020 IntraDay earnings guidance on Thursday, February, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $24-24 million, compared to the consensus revenue estimate of $21.37 million.

4 Wall Street analysts have issued 12 month price objectives for Synacor's stock. Their forecasts range from $2.20 to $2.20. On average, they anticipate Synacor's stock price to reach $2.20 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
View analysts' price targets for Synacor or view top-rated stocks among Wall Street analysts.

55 employees have rated Synacor CEO Himesh Bhise on Glassdoor.com. Himesh Bhise has an approval rating of 24% among Synacor's employees. This puts Himesh Bhise in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Synacor include Facebook (FB), SEA (SE), Equinix (EQIX), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), VeriSign (VRSN), Akamai Technologies (AKAM), Opendoor Technologies (OPEN), Angi (ANGI), J2 Global (JCOM), Envestnet (ENV), LivePerson (LPSN), Stamps.com (STMP) and SPS Commerce (SPSC).
View all of SYNC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Synacor investors own include Golar LNG (GLNG), Melco Resorts & Entertainment (MLCO), VEREIT (VER), GlaxoSmithKline (GSK), Inovio Pharmaceuticals (INO), Novavax (NVAX), Virtu Financial (VIRT), Nokia (NOK), Bank of America (BAC) and Gilead Sciences (GILD).

Synacor trades on the NASDAQ under the ticker symbol "SYNC."

Shares of SYNC 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 SYNC stock can currently be purchased for approximately $2.19.

Synacor has a market capitalization of $87.37 million and generates $121.85 million in revenue each year.

Synacor employs 320 workers across the globe.

The official website for Synacor is www.synacor.com.

Synacor is headquartered at 40 LARIVIERE DRIVE SUITE 300, BUFFALO NY, 14202.

Synacor's mailing address is 40 LARIVIERE DRIVE SUITE 300, BUFFALO NY, 14202. The information services provider can be reached via phone at 716-853-1362 or via email at [email protected]