What is Northland Capmk's Forecast for SNCR Q2 Earnings?

Synchronoss Technologies, Inc. (NASDAQ:SNCR - Free Report) - Investment analysts at Northland Capmk increased their Q2 2025 earnings per share estimates for Synchronoss Technologies in a report issued on Tuesday, December 17th. Northland Capmk analyst M. Latimore now forecasts that the software maker will earn $0.47 per share for the quarter, up from their previous estimate 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 also recently issued reports on the company. Roth Capital raised Synchronoss Technologies from a "hold" rating to a "strong-buy" rating in a report on Monday, November 25th. Roth Mkm upgraded Synchronoss Technologies from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $11.00 to $13.00 in a research report on Monday, November 25th.

Synchronoss Technologies Price Performance

Shares of SNCR traded up $0.46 during mid-day trading on Friday, hitting $9.36. 75,616 shares of the company traded hands, compared to its average volume of 84,316. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 5.75. The stock has a market capitalization of $101.45 million, a price-to-earnings ratio of -2.41 and a beta of 1.99. The business has a 50-day moving average of $10.38 and a 200 day moving average of $10.87. Synchronoss Technologies has a one year low of $5.18 and a one year high of $15.46.

Institutional Trading of Synchronoss Technologies

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of Synchronoss Technologies by 40.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 70,504 shares of the software maker's stock valued at $654,000 after acquiring an additional 20,368 shares during the period. XTX Topco Ltd bought a new stake in Synchronoss Technologies in the third quarter valued at approximately $237,000. Allspring Global Investments Holdings LLC raised its holdings in Synchronoss Technologies by 2.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 563,976 shares of the software maker's stock worth $8,395,000 after purchasing an additional 13,984 shares during the period. GSA Capital Partners LLP bought a new position in shares of Synchronoss Technologies during the third quarter worth $165,000. Finally, Renaissance Technologies LLC grew its holdings in shares of Synchronoss Technologies by 9.3% in the 2nd quarter. Renaissance Technologies LLC now owns 78,974 shares of the software maker's stock valued at $734,000 after buying an additional 6,700 shares during the period. Institutional investors and hedge funds own 51.71% of the company's stock.

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.