What is Synchronoss Technologies' stock price target for 2024?

0 brokerages have issued 1 year price targets for Synchronoss Technologies' stock. Their SNCR share price targets range from $36.00 to $36.00. On average, they predict the company's stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 460.7% from the stock's current price. View analysts price targets for SNCR or view top-rated stocks among Wall Street analysts .

How have SNCR shares performed in 2024?

Synchronoss Technologies' stock was trading at $6.21 at the start of the year. Since then, SNCR stock has increased by 3.4% and is now trading at $6.42. View the best growth stocks for 2024 here .

When is Synchronoss Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our SNCR earnings forecast .

How were Synchronoss Technologies' earnings last quarter?

Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced its quarterly earnings data on Tuesday, March, 12th. The software maker reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.71. The software maker had revenue of $41.40 million for the quarter, compared to analysts' expectations of $43.76 million. Synchronoss Technologies had a negative trailing twelve-month return on equity of 17.99% and a negative net margin of 25.43%.

When did Synchronoss Technologies' stock split?

Synchronoss Technologies's stock reverse split on the morning of Monday, December 11th 2023. The 1-9 reverse split was announced on Monday, December 11th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 11th 2023. An investor that had 100 shares of stock prior to the reverse split would have 11 shares after the split.

What guidance has Synchronoss Technologies issued on next quarter's earnings?

Synchronoss Technologies issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $170.0 million-$175.0 million, compared to the consensus revenue estimate of $170.6 million.

What is Jeff Miller's approval rating as Synchronoss Technologies' CEO?

7 employees have rated Synchronoss Technologies Chief Executive Officer Jeff Miller on Glassdoor.com . Jeff Miller has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Synchronoss Technologies own?

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) , Xtrackers California Municipal Bond ETF (CA) , Cisco Systems (CSCO) , General Electric (GE) and QUALCOMM (QCOM) .

Who are Synchronoss Technologies' major shareholders?

Synchronoss Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (5.40%) and Bouvel Investment Partners LLC (0.75%). Insiders that own company stock include B Riley Financial, Inc, Christina Gabrys , Christopher K Hill , David D Clark , Jeffrey George Miller , Kevin Rendino, Kristin S Rinne, Laurie Harris, Lou Ferraro , Martin Francis Bernstein, Patrick Joseph Doran and Stephen G Waldis. View institutional ownership trends .

How do I buy shares of Synchronoss Technologies?

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

Does Synchronoss Technologies have any subsidiaries?

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

NASDAQ:SNCR

Synchronoss Technologies (SNCR) Stock Price, News & Analysis

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$6.42

-0.03 (-0.47%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.26
▼
$6.57
50-Day Range: $6.20
▼
$12.24
52-Week Range: $2.70
▼
$13.97

Volume: 89,573 shs
Average Volume: 103,429 shs
Market Capitalization: $66.19 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $36.00

Get Synchronoss Technologies alerts:

Synchronoss Technologies MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 460.7% Upside
$36.00 Price Target
Short Interest: Healthy
2.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.30
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$46,500 Bought Last Quarter
Proj. Earnings Growth: Decreasing
From ($2.06) to ($3.03) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.87 out of 5 stars

Computer And Technology Sector

532nd out of 590 stocks

Custom Computer Programming Services Industry

19th out of 23 stocks

2.0

Analyst's Opinion

Amount of Analyst Coverage
Synchronoss Technologies has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.51% of the float of Synchronoss Technologies has been sold short.
Short Interest Ratio / Days to Cover
Synchronoss Technologies has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Synchronoss Technologies has recently decreased by 7.75%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Synchronoss Technologies does not currently pay a dividend.
Dividend Growth
Synchronoss Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SNCR.

0.9

News and Social Media Coverage

News Sentiment
Synchronoss Technologies has a news sentiment score of -0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Synchronoss Technologies this week, compared to 1 article on an average week.
Search Interest
Only 14 people have searched for SNCR on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Synchronoss Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Synchronoss Technologies insiders have bought 9.81% more of their company's stock than they have sold. Specifically, they have bought $46,500.00 in company stock and sold $42,345.00 in company stock.
Percentage Held by Insiders
Only 6.90% of the stock of Synchronoss Technologies is held by insiders.
Percentage Held by Institutions
51.71% of the stock of Synchronoss Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Synchronoss Technologies are expected to decrease in the coming year, from ($2.06) to ($3.03) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Synchronoss Technologies is -0.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Synchronoss Technologies is -0.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Synchronoss Technologies has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Synchronoss Technologies Stock (NASDAQ:SNCR)

Synchronoss Technologies, Inc. provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content. It also provides Synchronoss' Messaging platform comprising advanced messaging platform and email suites; and OnboardX products, including mobile content transfer solution that offers wireless transfer of content from one mobile smart device to another in a carrier retail location or at home/work, etc., as well as out of box experience solution, a device setup solution that assists customers in setting up the features of new device, such as Wi-Fi, email, social network accounts and voicemail, prompting restoration of content, and enrollment in a cloud service. In addition, the company provides NetworkX products comprising spatialNX, an enterprise-wide access to network information, including physical location, specifications, attributes, connectivity, and capacity for every plant asset; ConnectNX, a system that eliminates manual handling of service orders and manages the full order lifecycle between customer and supplier through automation and rules-based validation; and ExpenseNX, a financial analytics platform. Further, it offers professional services, such as consulting, installation and deployment, configuration, systems integration, and support services; and software development and customization services. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was incorporated in 2000 and is headquartered in Bridgewater, New Jersey.

SNCR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SNCR Stock News Headlines

April 14, 2024 | uk.investing.com

Synchronoss Technologies exec sells shares worth over $1,100

April 9, 2024 | americanbankingnews.com

Synchronoss Technologies (NASDAQ:SNCR) Shares Pass Above Two Hundred Day Moving Average of $6.55

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March 17, 2024 | finanznachrichten.de

Synchronoss Technologies, Inc.: Synchronoss Technologies Reports Fourth Quarter and Full Year 2023 Results

March 14, 2024 | marketwatch.com

Synchronoss Technologies Shares Fall 12% After 4Q Loss Widens

March 14, 2024 | finance.yahoo.com

Synchronoss Technologies Full Year 2023 Earnings: Misses Expectations

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Q4 2023 Synchronoss Technologies Inc Earnings Call

March 12, 2024 | benzinga.com

Recap: Synchronoss Technologies Q4 Earnings

March 12, 2024 | msn.com

Synchronoss Technologies GAAP EPS of -$1.46 misses by $0.80, revenue of $41.4M beats by $0.25M

March 12, 2024 | gurufocus.com

Synchronoss Technologies Inc (SNCR) Reports Steady Earnings Amid Strategic Shift to Cloud

March 12, 2024 | globenewswire.com

Synchronoss Technologies Reports Fourth Quarter and Full Year 2023 Results

March 11, 2024 | msn.com

Synchronoss Technologies Q4 2023 Earnings Preview

March 11, 2024 | markets.businessinsider.com

Synchronoss Technologies is about to announce earnings — here's what Wall Street expects

March 6, 2024 | finance.yahoo.com

Should You Be Bullish on Synchronoss Technologies (SNCR) in 2024?

February 27, 2024 | globenewswire.com

Synchronoss Technologies to Report Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 12, 2024 at 4:30 p.m. ET

February 21, 2024 | finance.yahoo.com

Synchronoss to Unveil New Version of AI-Powered Personal Cloud Platform at Mobile World Congress

February 21, 2024 | globenewswire.com

Synchronoss to Unveil New Version of AI-Powered Personal Cloud Platform at Mobile World Congress

February 15, 2024 | finance.yahoo.com

Synchronoss Successfully Completes Post-Divestiture Cost Removals, Resulting in Approximately $15 Million in Annual Savings

February 9, 2024 | benzinga.com

Synchronoss Technologies Stock (NASDAQ:SNCR) Dividends: History, Yield and Dates

February 6, 2024 | finance.yahoo.com

Synchronoss (SNCR) Shows Fast-paced Momentum But Is Still a Bargain Stock

February 3, 2024 | msn.com

Israel And Hamas Inch Towards Ceasefire, Hostage Release Deal

February 1, 2024 | finance.yahoo.com

Investors in Synchronoss Technologies (NASDAQ:SNCR) from five years ago are still down 89%, even after 30% gain this past week

December 28, 2023 | finanznachrichten.de

Synchronoss Technologies, Inc.: Synchronoss Regains Compliance with Nasdaq Minimum Bid Price Requirement

December 28, 2023 | finance.yahoo.com

Synchronoss Regains Compliance with Nasdaq Minimum Bid Price Requirement

See More Headlines

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Company Calendar

Last Earnings: 3/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Custom computer programming services
Sub-Industry: Application Software
Current Symbol: NASDAQ:SNCR
CUSIP: 87157B10
CIK: 1131554
Web: www.synchronoss.com
Phone: (866) 620-3940
Fax: N/A
Employees: 1,321
Year Founded: 2000

Price Target and Rating

Average Stock Price Target: $36.00
High Stock Price Target: $36.00
Low Stock Price Target: $36.00
Potential Upside/Downside: +460.7%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.6203)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-54,530,000.00
Net Margins: -25.43%
Pretax Margin: -17.85%
Return on Equity: -17.99%
Return on Assets: -2.21%

Debt

Debt-to-Equity Ratio: 5.11
Current Ratio: 1.72
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: $164.20 million
Price / Sales: 0.40
Cash Flow: $1.89 per share
Price / Cash Flow: 3.40
Book Value: $2.57 per share
Price / Book: 2.50

Miscellaneous

Outstanding Shares: 10,310,000
Free Float: 9,600,000
Market Cap: $66.19 million
Optionable: Optionable
Beta: 1.66

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Key Executives

Mr. Stephen G. Waldis (Age 56)
Founder & Executive Chairman
Comp: $304.5k
Mr. Jeffrey George Miller (Age 60)
President, CEO & Director
Comp: $857k
Mr. Louis W. Ferraro Jr. (Age 66)
CFO & Executive VP
Comp: $495.75k
Mr. Patrick J. Doran (Age 51)
Executive VP & CTO
Comp: $575.54k
Ms. Christina B. Gabrys (Age 42)
Senior VP, Chief Legal Officer & Secretary
Comp: $389.5k
Mr. Stanley Lowe
Chief Information Security Officer
Mr. Joseph J. Crivelli
Vice President of Investor Relations
Ms. Mina R. Lackner (Age 55)
Chief Human Resources Officer & Senior VP
Ms. Natalie Wong
Senior Vice President of Customer Success & Revenue Delivery
Mr. Suren Nathan
Senior VP & GM for the Cloud Business

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SNCR Stock Analysis - Frequently Asked Questions

What is Synchronoss Technologies' stock price target for 2024?: 0 brokerages have issued 1 year price targets for Synchronoss Technologies' stock. Their SNCR share price targets range from $36.00 to $36.00. On average, they predict the company's stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 460.7% from the stock's current price.
View analysts price targets for SNCR or view top-rated stocks among Wall Street analysts.
How have SNCR shares performed in 2024?: Synchronoss Technologies' stock was trading at $6.21 at the start of the year. Since then, SNCR stock has increased by 3.4% and is now trading at $6.42.
View the best growth stocks for 2024 here.
When is Synchronoss Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SNCR earnings forecast.
How were Synchronoss Technologies' earnings last quarter?: Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced its quarterly earnings data on Tuesday, March, 12th. The software maker reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.71. The software maker had revenue of $41.40 million for the quarter, compared to analysts' expectations of $43.76 million. Synchronoss Technologies had a negative trailing twelve-month return on equity of 17.99% and a negative net margin of 25.43%.
When did Synchronoss Technologies' stock split?: Synchronoss Technologies's stock reverse split on the morning of Monday, December 11th 2023. The 1-9 reverse split was announced on Monday, December 11th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 11th 2023. An investor that had 100 shares of stock prior to the reverse split would have 11 shares after the split.
What guidance has Synchronoss Technologies issued on next quarter's earnings?: Synchronoss Technologies issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $170.0 million-$175.0 million, compared to the consensus revenue estimate of $170.6 million.

What is Jeff Miller's approval rating as Synchronoss Technologies' CEO?: 7 employees have rated Synchronoss Technologies Chief Executive Officer Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 76% among the company's employees.
What other stocks do shareholders of Synchronoss Technologies own?: 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), Xtrackers California Municipal Bond ETF (CA), Cisco Systems (CSCO), General Electric (GE) and QUALCOMM (QCOM).
Who are Synchronoss Technologies' major shareholders?: Synchronoss Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (5.40%) and Bouvel Investment Partners LLC (0.75%). Insiders that own company stock include B Riley Financial, Inc, Christina Gabrys, Christopher K Hill, David D Clark, Jeffrey George Miller, Kevin Rendino, Kristin S Rinne, Laurie Harris, Lou Ferraro, Martin Francis Bernstein, Patrick Joseph Doran and Stephen G Waldis.
View institutional ownership trends.
How do I buy shares of Synchronoss Technologies?: Shares of SNCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Synchronoss Technologies have any subsidiaries?: The following companies are subsidiares of Synchronoss Technologies: FusionOne, IntraLinks, Miyowa, Openwave Messaging, Razorsight, SpeechCycle, Voxmobili, Wisor Telecom, and Younited.
Read More

This page (NASDAQ:SNCR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Synchronoss Technologies (SNCR) Stock Price, News & Analysis

Synchronoss Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Synchronoss Technologies Stock (NASDAQ:SNCR)

SNCR Stock Price History

SNCR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SNCR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™