Synchronoss (SNCR) ended the recent trading session at $5.12, demonstrating a +2.81% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.89%.
Heading into today, shares of the mobile services company had lost 24.89% over the past month, lagging the Computer and Technology sector's loss of 0.5% and the S&P 500's gain of 0.16%.
The upcoming earnings release of Synchronoss will be of great interest to investors. The company's earnings report is expected on November 4, 2025. The company is expected to report EPS of $0.35, up 234.62% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $43.04 million, up 0.19% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.82 per share and revenue of $172.17 million. These totals would mark changes of -49.69% and -0.82%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Synchronoss. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 72.73% downward. Currently, Synchronoss is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Synchronoss is holding a Forward P/E ratio of 6.07. This represents a discount compared to its industry average Forward P/E of 29.4.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Synchronoss Technologies, Inc. (SNCR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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