Synchrony Financial stock has outperformed the Nasdaq, showing resilience and promising growth potential.
From Yahoo Finance: 2025-06-19 08:49:00
Synchrony Financial, based in Stamford, Connecticut, is a leading consumer financial services company with a market cap of $22.9 billion. They offer a wide range of credit products through partnerships with national and regional retailers, local merchants, and more, emphasizing digital platforms for customer engagement.
Despite a 13.4% drop from its 52-week high, Synchrony Financial’s stock has gained 15.8% in the last three months, outperforming the Nasdaq Composite. In the long term, the stock has climbed 40.8% over the past 52 weeks, showing resilience in the market.
Synchrony Financial’s strong performance is driven by interest on credit card balances and consumer loans, with strategic acquisitions and partnerships fueling digital transformation. Their collaborations in the healthcare and pet care markets, along with partnerships with industry leaders like PayPal and Mastercard, show promising growth potential.
After reporting Q1 results that exceeded Wall Street expectations, Synchrony Financial’s stock closed up more than 2%. Wall Street analysts have a consensus “Moderate Buy” rating on the stock, with a mean price target of $64.59 suggesting a potential upside of 5.1% from current levels.
Read more at Yahoo Finance: Is Synchrony Financial Stock Outperforming the Nasdaq?