Synchronoss Technologies, Inc. (SNCR)

NASDAQ: SNCR · IEX Real-Time Price · USD
1.01
+0.03 (3.20%)
At close: Jun 2, 2023, 4:00 PM
0.990
-0.020 (-1.98%)
After-hours: Jun 2, 2023, 7:28 PM EDT
3.2%
Market Cap 94.43M
Revenue (ttm) 244.47M
Net Income (ttm) -34.86M
Shares Out 93.49M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE 2.64
Dividend n/a
Ex-Dividend Date n/a
Volume 168,146
Open 0.98
Previous Close 0.98
Day's Range 0.97 - 1.04
52-Week Range 0.51 - 1.87
Beta 1.40
Analysts Strong Buy
Price Target 2.00 (+98.02%)
Earnings Date May 9, 2023

About SNCR

Synchronoss Technologies, Inc. provides cloud, messaging, digital, and network management platforms, products, and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's platforms, products, and solutions include content backup, view, manage, engage, transfer, and restore solutions in operating systems and devices; multi-channel messaging, peer-to-peer communications, and application-to-person commerce solutions; email solutions; customer journey and workflow design, development, orchestration, and exper... [Read more]

Sector Technology
IPO Date Jun 15, 2006
Employees 1,391
Stock Exchange NASDAQ
Ticker Symbol SNCR
Full Company Profile

Financial Performance

In 2022, SNCR's revenue was $252.63 million, a decrease of -9.97% compared to the previous year's $280.62 million. Losses were -$27.02 million, -71.24% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SNCR stock is "Strong Buy" and the 12-month stock price forecast is $2.0.

Price Target
$2.0
(98.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Synchronoss Technologies to Present at the Ladenburg Thalmann Virtual Tech Expo

BRIDGEWATER, N.J., April 20, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc.    (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital p...

1 month ago - GlobeNewsWire

Synchronoss Technologies Confirms Receipt of Non-Binding Proposal from B. Riley Financial

BRIDGEWATER, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc.   (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital pr...

2 months ago - GlobeNewsWire

Synchronoss Technologies Reports Fourth Quarter and Full Year 2022 Results

Income from Operations of $1.3 Million Versus Loss of $19.0 Million in 2021

3 months ago - GlobeNewsWire
}

Synchronoss Announces Strong Messaging Platform Growth in Asia Pacific Fueled by Advanced Messaging

Global Service Providers Utilizing Synchronoss Platforms to Deliver Value-Added Services to Tens of Millions of Subscribers Global Service Providers Utilizing Synchronoss Platforms to Deliver Value-Ad...

3 months ago - GlobeNewsWire

Synchronoss to Showcase AI-Powered Personal Cloud Platform at Mobile World Congress

Purpose-Built and Widely Deployed by Leading Telecom Operators, the New Synchronoss Personal Cloud Includes Genius, BackTrack and Other Features to Ensure Data Security and Privacy Purpose-Built and W...

3 months ago - GlobeNewsWire

Synchronoss Technologies to Report Fourth Quarter and Full Year 2022 Financial Results on Tuesday, March 7, 2023 at 4:30 p.m. ET

BRIDGEWATER, N.J., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produc...

3 months ago - GlobeNewsWire

Synchronoss Technologies to Present at the Sidoti Virtual Investor Conference on January 18th

BRIDGEWATER, N.J., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produ...

5 months ago - GlobeNewsWire

Synchronoss Announces More Than 30 Million RCS-Based Messaging Subscribers in Japan

Leveraging the Synchronoss Advanced Messaging Platform, NTT DOCOMO, KDDI, and SoftBank Deliver Cross-Operator Advanced Messaging Service Enabling Users and Brands to Communicate, Interact, and Transac...

5 months ago - GlobeNewsWire
}

Leading Global Operator Selects Synchronoss to Deliver Personal Cloud Offering

Leading Provider of Mobile, Telecommunications and ISP Services Rolling Out Personal Cloud Offering to Safeguard Files, Photos, Videos, and Other Digital Content Leading Provider of Mobile, Telecommun...

6 months ago - GlobeNewsWire

Synchronoss Technologies to Present at the Ladenburg Thalmann Virtual Tech Expo on December 7th

BRIDGEWATER, N.J., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc.    (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital pr...

6 months ago - GlobeNewsWire

Synchronoss Named as a Finalist in the 2022 NJBIZ Business of the Year Awards

Synchronoss Recognized for Corporate Citizen of the Year Category for Sync Cares Program Synchronoss Recognized for Corporate Citizen of the Year Category for Sync Cares Program

6 months ago - GlobeNewsWire

Consolidated Communications Signs Multi-Year Deal with Synchronoss to Power Wholesale Channel

Synchronoss ConnectNX Provides a Centralized System to Streamline the Order and Fulfillment Processes of Wholesale Broadband Connectivity, Such as Switched Ethernet, Internet Access, Backhaul, and Tra...

7 months ago - GlobeNewsWire

Synchronoss Unveils Rebranded NetworkX Product Portfolio at ChannelVision Expo 2022

Company Aligns Components of its Digital Products and Platforms to Enable Telecom Service Providers to Optimize the Utilization of their Network Assets and Services While Reducing Costs Company Aligns...

7 months ago - GlobeNewsWire
}

Synchronoss Technologies, Inc. Reports Inducement Grants to Employees Under Nasdaq Listing Rule 5635(c)(4)

BRIDGEWATER, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and ...

7 months ago - GlobeNewsWire

Synchronoss Technologies to Report Third Quarter 2022 Financial Results on Tuesday, November 8, 2022 at 4:30 p.m. ET

BRIDGEWATER, N.J., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produc...

7 months ago - GlobeNewsWire

Leading Telco Operator in Italy Migrates 13.5 Million Subscribers to the Latest Version of Synchronoss Email Suite

Replaces On-Premise System with New Cloud Environment, Adding Enhanced Email Security Capabilities Replaces On-Premise System with New Cloud Environment, Adding Enhanced Email Security Capabilities

8 months ago - GlobeNewsWire

Italian Telecommunications Operator Fastweb Extends Partnership with Synchronoss

Fastweb Signed a Three-Year Agreement to Leverage Synchronoss Email Suite to Further Support the Needs of the Consumer and Business Markets Throughout Italy Fastweb Signed a Three-Year Agreement to Le...

8 months ago - GlobeNewsWire

Broadband Buildout and Fiber Investment Nationwide Driving Strong Demand for Synchronoss spatialSUITE

Synchronoss to Showcase Automated End-to-End Network Design and Asset Management Platform at SCTE Cable-Tec Expo in Philadelphia Synchronoss to Showcase Automated End-to-End Network Design and Asset M...

9 months ago - GlobeNewsWire

Synchronoss Technologies to Present at the H.C. Wainwright 24th Annual Global Investment Conference

BRIDGEWATER, N.J., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc.  (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital pro...

9 months ago - GlobeNewsWire

Synchronoss Technologies Reports Second Quarter 2022 Results

Cloud Subscriber Growth of 18% Drives Cloud Revenue Increase of 12%

10 months ago - GlobeNewsWire

Street Cred Capital Selects Synchronoss to Offer Personal Cloud as Part of its Mobile Device Financing Program

Finance Company Represents Unique Market Opportunity to Resell Synchronoss' Personal Cloud Solution and Expand the Value of Device Financing Finance Company Represents Unique Market Opportunity to Res...

10 months ago - GlobeNewsWire

Synchronoss to Power Telkomsigma's Launch of Two New Premium Personal Cloud Solutions in Indonesia

Incoming University Students Throughout Indonesia Will Receive a Free Floudrive Personal Cloud Account; A Premium Floudrive Account Will Also Be Available to 170 Million Telkomsel Mobile Customers Inc...

10 months ago - GlobeNewsWire

Synchronoss Technologies to Report Second Quarter 2022 Financial Results on Tuesday, August 9, 2022 at 4:30 p.m. ET

BRIDGEWATER, N.J., July 26, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produ...

11 months ago - GlobeNewsWire

Synchronoss Extends Platform Support for Alibaba and Google Cloud

Certifications Address the Need to Provide Customers with Multi-Cloud Environments to Deploy Synchronoss Personal Cloud and Synchronoss Email Suite Worldwide Certifications Address the Need to Provide...

11 months ago - GlobeNewsWire

Cloud Computing Magazine Names Synchronoss a 2022 Product of the Year Award Winner

Synchronoss Personal Cloud Recognized for Exceptional Innovation Synchronoss Personal Cloud Recognized for Exceptional Innovation

1 year ago - GlobeNewsWire