The latest trading session saw Synchronoss (SNCR) ending at $9.41, denoting a +1.18% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.28%.Coming into today, shares of the mobile services company had gained 0.87% in the past month. In that same time, the Computer and Technology sector gained 1.24%, while the S&P 500 gained 2.08%.Investors will be eag ...

Synchronoss (SNCR) closed the latest trading day at $9.17, indicating a +1.55% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.21%. Elsewhere, the Dow lost 0.16%, while the tech-heavy Nasdaq lost 0.89%.Shares of the mobile services company have appreciated by 1.69% over the course of the past month, outperforming the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56%.Analysts and investors alike will be keeping a close eye on ...

Stock Performance - Synchronoss Technologies (SNCR) shares surged 58.6% over the trailing 12-month period, outperforming the Zacks Internet - Software industry's return of 32.1% and the Zacks Computer & Technology sector's appreciation of 29.3% [1] - SNCR outperformed peers like Microsoft (MSFT), which returned 23.5%, and Dropbox (DBX), which lost 3.9% over the same period [2] Cloud Platform and AI Features - SNCR launched the next-generation Synchronoss Personal Cloud platform at CES 2025, featuring enhanced AI-powered photo editing tools, an improved interface, and advanced backup functionalities [4] - The platform supports over 11 million subscribers globally through carriers like AT&T, Verizon (VZ), and SoftBank, with features like iPhone storage optimization and Android's improved folder backup [4] - The platform prioritizes data privacy and security, offering a seamless, ad-free experience and customizable options for managing digital content [5] Revenue and Growth Drivers - SNCR's cloud subscribers grew 5.1% year over year in Q3 2024, driving 8% of total revenues, with quarterly recurring revenues at 92.2% [3] - 75% of SNCR's revenues are under contract for at least four years, boosting top-line visibility [7] - The Zacks Consensus Estimate for full-year 2025 revenues is $180.87 million, indicating year-over-year growth of 4.53% [9] - The Zacks Consensus Estimate for 2024 earnings is $1.46 per share, reflecting a 99.32% year-over-year increase [9] Client and Partner Expansion - SNCR's rich partner base, including Verizon and AT&T, has been a major growth driver, with strong demand for personal cloud solutions supporting smartphones, tablets, and computers [6] - In December 2024, SNCR announced a three-year contract extension with a leading U.S. telecom provider for its Personal Cloud solution [7] - In Q3 2024, SNCR secured a three-year contract extension with SFR, part of Altice France, serving over 27 million users, deepening integration with SFR's ecosystem [8] Valuation and Investment Potential - SNCR's shares are trading at a significant discount, with a Value Score of A and a forward 12-month Price/Sales ratio of 0.52, significantly below the industry average of 2.96 [11] - SNCR's robust pipeline of new customer opportunities, product innovation in AI and cloud services, and focus on user experience and security are expected to drive sustained revenue expansion and market leadership [12] - Synchronoss Technologies currently holds a Zacks Rank 1 (Strong Buy) [13]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Company Overview - Proactive is a financial news and online broadcast provider delivering fast, accessible, and actionable business and finance news to a global investment audience [1] - The company operates in key finance and investing hubs worldwide, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Industry Coverage - The company provides news and unique insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology and Content Production - Proactive is a forward-looking technology adopter, equipping its human content creators with decades of expertise and experience [4] - The company occasionally uses automation and software tools, including generative AI, but all content is ultimately edited and authored by humans [5] - Proactive adheres to best practices in content production and search engine optimization [5]

Company Overview - Synchronoss Technologies is a global leader in personal cloud solutions, empowering service providers to establish secure and meaningful connections with their subscribers [10] - The company's SaaS Cloud platform simplifies onboarding processes, fosters subscriber engagement, and enhances revenue streams while reducing expenses and speeding up time-to-market [10] - Synchronoss Personal Cloud supports over 11 million subscribers worldwide, processes upwards of 50 million photos daily, and manages 230 petabytes of storage [2] Product Enhancements - The next-generation Synchronoss Personal Cloud platform includes expanded AI-powered photo editing tools, improved storage, security, and photo optimization [1] - The platform offers a significantly improved interface, making the user experience easier, more engaging, and fun [3] - Enhanced backup functionality for iPhone users automatically downloads, backs up, and removes original high-resolution photos and videos when iOS Storage Optimization is enabled [5] - Android users have greater control over backups with improved folder functionality, allowing them to discover and preview third-party app folders directly from the home screen and specify which content to backup [6] AI-Powered Features - The AI-powered Genius photo editing suite includes new tools and features such as a Background Remover, Emojis, and Smart Stickers, providing users with endless customization options [8] - The "Memories" feature offers customizable slideshows with atmospheric soundtracks, creating an immersive experience for users to share their favorite moments [7] - An expanded range of Genius Styles includes 3D, Sketch, Anime, Art Style, and Color Pop options, making it easier than ever to access enhanced images [8] Market Positioning - Synchronoss Personal Cloud is purpose-built for service providers and telecom operators, ensuring the utmost data security and privacy [4] - Unlike third-party over-the-top cloud solutions, Synchronoss Personal Cloud does not monitor user behavior nor integrate ads into the user experience [4] - The cross-platform app supports an array of devices and offers a simple storage and fee structure, giving users control over how and what they want to backup and protect [4]

Value Investing and Stock Selection - Value investing is a preferred method for identifying strong stocks across various market conditions, utilizing proven valuation metrics [1] - Zacks' Style Scores system highlights stocks with specific traits, such as high grades in the "Value" category, which are particularly attractive to value investors [2] Synchronoss Technologies (SNCR) Valuation Metrics - SNCR currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential [3] - The stock's P/E ratio of 13.12 is significantly lower than the industry average of 35.82, suggesting undervaluation [3] - SNCR's Forward P/E has ranged from -16 to 27.71 over the past 52 weeks, with a median of 8.48 [3] - The P/B ratio of 2.94 is also attractive compared to the industry average of 3.64, with a historical range of 2.08 to 5.22 and a median of 3.44 [4] Investment Outlook for SNCR - SNCR appears undervalued based on key valuation metrics and its strong earnings outlook, making it a compelling value stock [5] - The Zacks Rank emphasizes earnings estimates and revisions, but investors also consider value, growth, and momentum trends when selecting stocks [6]

Synchronoss Technologies (SNCR) shares have rallied 16.3% in the past month, outpacing the Zacks Computer & Technology sector’s appreciation of 6%. It has also surpassed the Zacks Internet - Software industry’s 11% rise and peers like Fortinet’s (FTNT) 6.7% growth over the same time frame.Synchronoss's recent positive share price movement has been driven by its strong 2024 revenue growth guidance. The company has indicated an upward revision in its expectations due to consistent growth in its cloud segment, ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...