In the latest trading session, Synchronoss (SNCR) closed at $9.88, marking a -1% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 0.28%.The the stock of mobile services company has risen by 4.94% in the past month, leading the Computer and Technology sector's gain of 0.79% and the S&P 500's gain of 2.87%.Investors will be eagerly watching for the performance of Synchronoss in its upcomin ...

Synchronoss (SNCR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this mobile services company have returned +9.4%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Internet - Software industry, which Synchronoss falls in, has gained 4.6%. The key question now is: What could be the stock's future ...

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 ...

Company Performance - Synchronoss (SNCR) closed at $9.17, reflecting a +1.55% change from the previous session, outperforming the S&P 500's daily loss of 0.21% [1] - Over the past month, Synchronoss shares appreciated by 1.69%, while the Computer and Technology sector lost 2.15% and the S&P 500 lost 1.56% [1] Upcoming Earnings - The company is expected to report an EPS of $0.10, representing a 111.76% increase from the same quarter last year [2] - Revenue is forecasted at $43.64 million, up 5.41% from the prior-year quarter [2] Analyst Estimates - Recent adjustments to analyst estimates indicate positive sentiment towards Synchronoss's business operations and profit generation capabilities [3] - A 14.71% rise in the Zacks Consensus EPS estimate over the past month suggests increasing analyst confidence [5] Valuation Metrics - Synchronoss is currently trading at a Forward P/E ratio of 6.21, significantly lower than its industry's Forward P/E of 28.24 [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 33, placing it in the top 14% of over 250 industries [6] Zacks Rank System - Synchronoss holds a Zacks Rank of 1 (Strong Buy), which has historically outperformed with an average annual gain of +25% since 1988 [5] - The Zacks Rank system is based on the average Zacks Rank of individual stocks within industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

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]

Core Viewpoint - Synchronoss Technologies (SNCR) has experienced a significant share price increase of 16.3% over the past month, outperforming both the Zacks Computer & Technology sector and the Zacks Internet - Software industry, which saw increases of 6% and 11% respectively [1] Revenue Growth and Guidance - The recent positive share price movement is attributed to strong revenue growth guidance for 2024, with projected revenues of $172-$175 million, reflecting a year-over-year growth of 6-8% [2][3] - Recurring revenues are expected to contribute 90-92% of total revenues, an increase from the previous estimate of 85-90%, indicating a focus on stable income through cloud-based solutions [3] Cloud Business Performance - The cloud segment has been a key driver of growth, contributing to an overall 8% year-over-year revenue increase in Q3 2024, supported by a 5.1% rise in subscriber activity [4] - The launch of the latest version of the Personal Cloud platform includes new features that enhance operational efficiency and customer experience [5][6] Strategic Partnerships - Synchronoss has formed significant partnerships with major carriers such as AT&T, T-Mobile, Verizon, and Sprint, which enhance its service offerings and market presence [7] - A three-year contract extension with SFR, a major French telecommunications provider, strengthens its position in the European market with access to 27 million subscribers [8] Financial Performance and Challenges - Despite the positive revenue outlook, cash flow management remains a concern, with Q3 2024 showing mixed results; net cash flow was positive, but free cash flow was negative at $27,000, down from $1.1 million in the prior year [9] - The company has a mixed earnings surprise history, with two earnings beats and two misses over the last four quarters, and the consensus estimate for 2024 revenues indicates a decline of 19.32% [10] Investment Considerations - While revenue growth is promising, Synchronoss faces financial hurdles, including ongoing net losses and cash flow stability challenges, highlighting the need for improved operational efficiency [11] - The current Zacks Rank for SNCR is 3 (Hold), suggesting a cautious approach for investors [12]