Synchronoss Technologies Reports Q2 2025 Financial Growth and Strategic Advances, Analysts Suggest Significant Upside in Stock Price

Synchronoss Technologies reported Q2 2025 revenue of $42.5 million, with 92.6% recurring revenue. The company reduced term loan debt using a $25.4 million CARES Act refund and announced new features and partnerships. Analysts predict a potential upside of 245.95% with an average one-year price target of $26.50.

Synchronoss Technologies, Inc. (SNCR) reported its second-quarter (Q2) 2025 earnings, revealing a mixed financial performance. The company's revenue for the quarter fell to $42.5 million, slightly missing analyst expectations of $42.8 million [1]. Despite this revenue decline, Synchronoss saw a significant increase in operational income, with adjusted EBITDA rising to $12.8 million, representing a 30.2% margin [2].

The revenue decline was primarily due to the expiration of a customer contract in December 2024, partially offset by a 2.0% growth in cloud subscribers [1]. Additionally, the company reported a net loss of $19.6 million, or $1.08 per share, largely due to $12.5 million in non-cash foreign exchange losses from intercompany revaluations [2].

Synchronoss also benefited from a CARES Act tax refund of $33.9 million, which was used to reduce debt and lower interest expenses by $2.9 million annually [1]. The company expects full-year 2025 revenue to be between $170 million and $180 million, with adjusted EBITDA projected to be between $52 million and $56 million [2].

Analysts remain optimistic about Synchronoss's prospects, with the current average analyst rating being "strong buy" and a median 12-month price target of $26.50, about 70.5% above its August 2025 closing price of $7.82 [1]. The stock recently traded at 3 times the next 12-month earnings, compared to a P/E of 5 three months ago, indicating a more favorable valuation [1].

References:
[1] Reuters. (2025). Synchronoss Q2 revenue falls to $42.5 mln, missing analyst expectations. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_PLXC030B9:0-synchronoss-technologies-q2-revenue-misses-estimates/
[2] Investing.com. (2025). Earnings Call Transcript: Synchronoss Q2 2025. Retrieved from https://www.investing.com/news/transcripts/earnings-call-transcript-synchronoss-q2-2025-sees-operational-income-surge-93CH-4183930