Roth Capital Issues Optimistic Outlook for SNCR Earnings

Synchronoss Technologies, Inc. (NASDAQ:SNCR) – Stock analysts at Roth Capital boosted their Q1 2025 earnings estimates for shares of Synchronoss Technologies in a report released on Wednesday, March 12th. Roth Capital analyst R. Baldry now forecasts that the software maker will post earnings of $0.10 per share for the quarter, up from their previous forecast of $0.03. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Synchronoss Technologies’ current full-year earnings is $0.10 per share. Roth Capital also issued estimates for Synchronoss Technologies’ Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.27 EPS and FY2025 earnings at $0.70 EPS.

Synchronoss Technologies (NASDAQ:SNCR) last released its quarterly earnings data on Tuesday, March 11th. The software maker reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.75. The company had revenue of $44.21 million for the quarter, compared to analyst estimates of $43.76 million. Synchronoss Technologies had a negative net margin of 20.00% and a negative return on equity of 10.99%.

Several other analysts also recently commented on SNCR. StockNews.com raised shares of Synchronoss Technologies from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Roth Mkm raised shares of Synchronoss Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $11.00 to $13.00 in a report on Monday, November 25th.

Synchronoss Technologies Stock Performance

Shares of SNCR stock opened at $12.31 on Monday. The company has a market capitalization of $141.45 million, a price-to-earnings ratio of -3.17 and a beta of 2.05. The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.88 and a current ratio of 1.88. The company has a 50-day simple moving average of $9.60 and a 200 day simple moving average of $10.63. Synchronoss Technologies has a 52 week low of $6.02 and a 52 week high of $15.46.

Institutional Trading of Synchronoss Technologies

A number of institutional investors have recently bought and sold shares of the business. Barclays PLC lifted its holdings in shares of Synchronoss Technologies by 603.6% during the 3rd quarter. Barclays PLC now owns 5,734 shares of the software maker’s stock worth $85,000 after acquiring an additional 4,919 shares during the period. Occudo Quantitative Strategies LP bought a new stake in shares of Synchronoss Technologies during the 4th quarter worth approximately $98,000. American Century Companies Inc. bought a new stake in shares of Synchronoss Technologies during the 4th quarter worth approximately $103,000. GSA Capital Partners LLP bought a new stake in shares of Synchronoss Technologies during the 3rd quarter worth approximately $165,000. Finally, XTX Topco Ltd bought a new stake in shares of Synchronoss Technologies during the 3rd quarter worth approximately $237,000. Institutional investors own 51.71% of the company’s stock.

Insider Buying and Selling at Synchronoss Technologies

In other Synchronoss Technologies news, CEO Jeffrey George Miller sold 17,389 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $10.34, for a total value of $179,802.26. Following the completion of the sale, the chief executive officer now owns 336,232 shares of the company’s stock, valued at $3,476,638.88. The trade was a 4.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 17.90% of the company’s stock.

Synchronoss Technologies Company Profile

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.