Northland Capmk Issues Positive Estimate for SNCR Earnings

Synchronoss Technologies, Inc. (NASDAQ:SNCR) – Equities research analysts at Northland Capmk boosted their Q2 2025 earnings per share (EPS) estimates for shares of Synchronoss Technologies in a note issued to investors on Tuesday, December 17th. Northland Capmk analyst M. Latimore now expects that the software maker will earn $0.47 per share for the quarter, up from their previous forecast of $0.37. The consensus estimate for Synchronoss Technologies’ current full-year earnings is $0.10 per share. Northland Capmk also issued estimates for Synchronoss Technologies’ Q3 2025 earnings at $0.51 EPS.

Several other research analysts have also recently commented on SNCR. Roth Mkm upgraded shares of Synchronoss Technologies from a “neutral” rating to a “buy” rating and increased their target price for the stock from $11.00 to $13.00 in a report on Monday, November 25th. Roth Capital upgraded shares of Synchronoss Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 25th.

Synchronoss Technologies Stock Performance

SNCR opened at $9.36 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 5.75. Synchronoss Technologies has a 1 year low of $5.18 and a 1 year high of $15.46. The stock has a market cap of $101.45 million, a PE ratio of -2.41 and a beta of 1.99. The stock’s 50 day simple moving average is $10.31 and its 200-day simple moving average is $10.87.

Hedge Funds Weigh In On Synchronoss Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in Synchronoss Technologies by 603.6% in the third quarter. Barclays PLC now owns 5,734 shares of the software maker’s stock valued at $85,000 after acquiring an additional 4,919 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Synchronoss Technologies in the 3rd quarter valued at about $165,000. XTX Topco Ltd acquired a new stake in Synchronoss Technologies in the 3rd quarter valued at about $237,000. State Street Corp grew its holdings in Synchronoss Technologies by 12.9% during the third quarter. State Street Corp now owns 35,075 shares of the software maker’s stock worth $522,000 after purchasing an additional 4,000 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Synchronoss Technologies by 40.6% during the second quarter. Dimensional Fund Advisors LP now owns 70,504 shares of the software maker’s stock worth $654,000 after buying an additional 20,368 shares during the last quarter. 51.71% of the stock is currently owned by institutional investors and hedge funds.

About Synchronoss Technologies

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.