Synchronoss TechnologiesSNCR
About: Synchronoss Technologies Inc is a leading provider of white-label cloud, messaging, digital and network management solutions that enable its customers to keep subscribers, systems, networks and content in sync. The Synchronoss Personal CloudTM solution is designed to create an engaging and trusted customer experience through ongoing content management and engagement. The Synchronoss Personal CloudTM platform is a secure and highly scalable, white-label platform that allows its customers' subscribers to backup and protect, engage with, and manage their personal content. The company derives revenue from subscriptions and transaction-based fees. A majority of the firm's revenue is generated in the United States, and the rest is from countries across the world.
Employees: 1,321
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
367% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 6
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
60% more capital invested
Capital invested by funds: $40.6M [Q2] → $65M (+$24.4M) [Q3]
55% more funds holding
Funds holding: 40 [Q2] → 62 (+22) [Q3]
0.27% less ownership
Funds ownership: 40.47% [Q2] → 40.2% (-0.27%) [Q3]
27% less call options, than puts
Call options by funds: $390K | Put options by funds: $531K
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth MKM Richard Baldry 37% 1-year accuracy 7 / 19 met price target | 39%upside $13 | Buy Upgraded | 25 Nov 2024 |
Financial journalist opinion
Based on 7 articles about SNCR published over the past 30 days
