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Synchronoss Technologies (SNCR)
NASDAQ:SNCR
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Synchronoss Technologies
(NASDAQ:SNCR)
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Rating:44Neutral
Price Target:
$5.00
▼(-10.23% Downside)
Synchronoss Technologies' overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The company's profitability and revenue growth challenges are significant concerns, compounded by a negative valuation outlook. While the earnings call provided some positive insights, these are not enough to offset the broader financial and technical weaknesses.
Synchronoss Technologies (SNCR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$64.06M
Dividend YieldN/A
Average Volume (3M)63.81K
Price to Earnings (P/E)―
Beta (1Y)1.80
Revenue Growth-6.32%
EPS Growth6.80%
CountryUS
Employees802
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)N/A
Shares Outstanding11,501,753
10 Day Avg. Volume90,814
30 Day Avg. Volume63,806
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)3.23
Price to Sales (P/S)0.55
P/FCF Ratio3.65
Enterprise Value/Market Cap3.94
Enterprise Value/Revenue1.47
Enterprise Value/Gross Profit1.86
Enterprise Value/Ebitda10.01
Forecast
1Y Price Target
$13.00Price Target Upside133.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Synchronoss Technologies Business Overview & Revenue Model
Company DescriptionSynchronoss 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 experience management solutions; and telecom network infrastructure designing, procuring, managing, and optimizing solutions. It also streamlines the activation of new services and devices. In addition, the company offers software development and customization services. It markets and sells its services through direct sales force and strategic partners. The company was incorporated in 2000 and is headquartered in Bridgewater, New Jersey.
How the Company Makes MoneySynchronoss Technologies generates revenue through a combination of subscription-based services, software licensing, and professional services. Its key revenue streams include fees from its cloud-based platforms, which provide essential functionalities such as data synchronization, messaging, and cloud storage. Additionally, the company partners with telecommunications providers and enterprises to offer customized solutions that meet specific business needs, thus creating long-term contracts that contribute to stable revenue streams. Strategic partnerships and collaborations with industry leaders also enhance its market reach and can lead to new business opportunities, further solidifying its earnings potential.
Synchronoss Technologies Earnings Call Summary
Earnings Call Date:Nov 04, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Mar 17, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mix of achievements and challenges. The company showed stability in revenue and subscriber growth, strong recurring revenue, and significant debt reduction. However, there were some setbacks with a year-over-year revenue decline and a notable net loss influenced by noncash foreign exchange losses. Despite macroeconomic challenges, the company remains confident in its strategic partnerships and future growth opportunities.Q2-2025 Updates
Positive Updates
Stable Revenue and Subscriber Growth
Revenue for the quarter was $42.5 million, up slightly from $42.2 million in the prior quarter, driven by year-over-year subscriber growth of 2% across the global customer base.
High Recurring Revenue
Recurring revenue was 92.6% of the quarterly total, demonstrating the consistency and predictability of the company's SaaS business model.
CARES Act Tax Refund
The company received a final federal CARES Act tax refund payment of $3.7 million, bringing the total refund to $33.9 million. This allowed for a $25.4 million mandatory prepayment on a term loan, reducing interest payments and strengthening the financial position.
Operating Expense Reduction
Operating expenses were reduced by 9% year-over-year, contributing to improved profitability.
Commitment to AI-driven Innovation
Released Personal Cloud version 25.5 with enhanced AI functionality, including AI-curated personalized memories and innovative timeline comparisons for users.
EU-U.S. Data Privacy Framework Certification
Achieved certification, demonstrating commitment to international privacy standards and enhancing trust with Tier 1 telecom operators.
Strong Partnerships and New Developments
Reported sustained momentum with AT&T, expanded retail presence with Verizon, and strategic expansion with SoftBank.
Negative Updates
Revenue Decline from Prior Year
Total revenue was $42.5 million, down from $43.5 million in the prior year period due to the expiration of a customer contract in December 2024.
Net Loss and Foreign Exchange Impact
Net loss was $19.6 million, primarily driven by $12.5 million of noncash foreign exchange losses and $6.4 million in debt refinancing costs.
Macroeconomic Challenges
Uncertainties such as tariffs, global trade tensions, and economic fluctuations continue to affect the market environment.
Company Guidance
During the Synchronoss Technologies Second Quarter 2025 Earnings Call, the company provided a comprehensive financial overview, highlighting several key metrics. Revenue for the quarter was $42.5 million, slightly up from the previous quarter, with a year-over-year subscriber growth of 2%. The company achieved an adjusted EBITDA of $12.8 million, with a margin of 30.2%, marking the third consecutive quarter of 30% or more adjusted EBITDA margin. Recurring revenue constituted 92.6% of the total, showcasing the predictability of their SaaS model. The receipt of a $33.9 million CARES Act federal tax refund enabled a $25.4 million prepayment on their term loan, reducing debt and interest payments while leaving $8.5 million in proceeds for operational flexibility. The company also reported a 9% reduction in operating expenses year-over-year. For the fiscal year 2025, Synchronoss reaffirmed its guidance, projecting revenue between $170 million and $180 million, with an adjusted gross margin of 78% to 80%, and adjusted EBITDA between $52 million and $56 million. Free cash flow is expected to range from $11 million to $16 million, excluding certain transaction fees and tax refund proceeds.Synchronoss Technologies Financial Statement Overview
Summary
Synchronoss Technologies faces challenges in profitability and revenue growth, as evidenced by negative net profit margins and declining revenues. While the reduction in debt is a positive sign, the company struggles with generating returns on equity. Cash flow management shows some strengths, but the decline in free cash flow growth is concerning. Overall, the company needs to address its profitability and revenue growth issues to improve its financial health.Income Statement
The income statement shows a mixed performance. The company has a high gross profit margin of 79% in TTM, indicating strong cost management. However, the net profit margin is negative at -12.35%, reflecting ongoing profitability challenges. Revenue has declined significantly by 56.2% in TTM, which is concerning. EBIT and EBITDA margins have also decreased compared to the previous year, indicating operational inefficiencies.45
Neutral
Balance Sheet
The balance sheet reveals a significant reduction in debt, with a debt-to-equity ratio of 0.10 in TTM, which is a positive development. However, the return on equity is negative at -56.64%, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is relatively stable, suggesting a moderate level of financial stability.40
Negative
Cash Flow
Cash flow analysis shows a decline in free cash flow growth by 23.58% in TTM, which is a concern. However, the operating cash flow to net income ratio is 0.45, indicating some level of cash generation capability. The free cash flow to net income ratio is 0.85, suggesting that the company is managing to convert a portion of its earnings into free cash flow.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 171.87M | 173.59M | 164.20M | 173.76M | 280.62M | 291.67M |
| Gross Profit | 135.82M | 134.55M | 121.98M | 112.50M | 171.56M | 169.85M |
| EBITDA | 25.21M | 48.86M | 10.46M | 21.62M | 10.91M | 6.64M |
| Net Income | -21.23M | 6.17M | -54.53M | -7.92M | -22.94M | -10.70M |
Balance Sheet | ||||||
| Total Assets | 291.42M | 293.82M | 310.34M | 398.07M | 450.73M | 482.25M |
| Cash, Cash Equivalents and Short-Term Investments | 24.62M | 33.38M | 24.57M | 21.92M | 31.50M | 33.67M |
| Total Debt | 205.32M | 210.22M | 166.21M | 169.72M | 176.69M | 64.35M |
| Total Liabilities | 241.99M | 251.55M | 212.40M | 249.13M | 274.91M | 426.47M |
| Stockholders Equity | 49.43M | 29.77M | 85.43M | 136.44M | 163.33M | 280.92M |
Cash Flow | ||||||
| Free Cash Flow | 16.19M | 26.38M | -1.04M | -3.81M | -19.55M | -18.51M |
| Operating Cash Flow | 19.02M | 28.28M | 18.83M | 17.36M | 4.95M | -564.00K |
| Investing Cash Flow | -5.62M | -13.13M | 3.80M | -13.17M | -23.94M | -14.34M |
| Financing Cash Flow | -748.00K | -5.85M | -19.98M | -13.28M | 16.19M | 9.99M |
Synchronoss Technologies Technical Analysis
Neutral
5.57
Price Trends
5.72
Negative
6.42
Negative
7.92
Negative
Market Momentum
-0.18
Negative
53.08
Neutral
58.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNCR, the sentiment is Neutral. The current price of 5.57 is above the 20-day moving average (MA) of 5.27, below the 50-day MA of 5.72, and below the 200-day MA of 7.92, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 53.08 is Neutral, neither overbought nor oversold. The STOCH value of 58.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SNCR.
Synchronoss Technologies Risk Analysis
Synchronoss Technologies disclosed 64 risk factors in its most recent earnings report. Synchronoss Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Synchronoss Technologies Peers Comparison
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Sector (61)
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MLGO
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9.02
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ZENV
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1.33
0.12
9.92%
Synchronoss Technologies Corporate Events
Synchronoss Technologies: Resilient Amidst Earnings Challenges
Sep 1, 2025
The recent earnings call for Synchronoss Technologies painted a picture of resilience amidst challenges. The company demonstrated stability in revenue and subscriber growth, with strong recurring revenue contributing to its financial health. However, the call also highlighted some hurdles, including a year-over-year revenue decline and a significant net loss largely due to noncash foreign exchange losses. Despite these challenges, Synchronoss remains optimistic about its strategic partnerships and future growth prospects.
Synchronoss Technologies Reports Q2 2025 Financial Results
Aug 12, 2025
Synchronoss Technologies, a global leader in personal cloud platforms, provides innovative solutions to empower service providers in enhancing subscriber engagement and revenue streams. In its second quarter of 2025, Synchronoss reported a revenue of $42.5 million, with a notable 92.6% coming from recurring revenue sources. The company also received a $33.9 million tax refund under the CARES Act, which was used to reduce its debt.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.