TD SYNNEX Earnings Preview: 9.7% Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy SNX?
Source: Yahoo Finance
- Revenue Performance Exceeds Expectations: TD SYNNEX reported revenues of $17.38 billion last quarter, reflecting a 9.7% year-over-year increase, which not only surpassed analyst expectations but also provided robust support for next quarter's EPS guidance, showcasing the company's competitive edge and growth potential in the market.
- Optimistic Market Expectations: This quarter, the market anticipates TD SYNNEX's revenue to grow by 7.8% year-over-year, a significant improvement from the 4% growth recorded in the same quarter last year, indicating investor confidence in the company's future performance and expectations for industry recovery.
- Analysts Maintain Positive Outlook: Over the past 30 days, analysts covering TD SYNNEX have generally reaffirmed their revenue estimates, suggesting confidence in the company's ability to maintain stable performance heading into earnings, despite having missed Wall Street's revenue estimates multiple times over the past two years.
- Stable Stock Price Movement: Despite an average decline of 7.2% in share prices across the tech hardware and electronics sector over the past month, TD SYNNEX's stock price remained unchanged at $157.10, with an average analyst price target of $179.91, indicating potential upside ahead.
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Analyst Views on SNX
Wall Street analysts forecast SNX stock price to rise
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 159.640
Low
163.00
Averages
178.33
High
193.00
Current: 159.640
Low
163.00
Averages
178.33
High
193.00
About SNX
TD Synnex Corporation is a global distributor and solutions aggregator for the information technology (IT) ecosystem. The Company's two primary solution portfolios include Endpoint Solutions and Advanced Solutions. The Endpoint Solutions portfolio primarily includes personal computing devices and peripherals, mobile phones and accessories, printers and supplies. The Advanced Solutions portfolio primarily includes data center technologies, such as hybrid cloud, security, storage, networking, servers, software, converged and hyper-converged infrastructure and hyperscale infrastructure, via its Hyve business. Its service offerings include systems design and integration solutions, logistics services, depot repair services, customer management services, cloud services, online services, financial services, and marketing services. It serves commercial, government reseller, and retail customers. Its StreamOne is a complete platform that includes a marketplace function.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
TD SYNNEX Earnings Preview: 9.7% Revenue Growth
- Revenue Performance Exceeds Expectations: TD SYNNEX reported revenues of $17.38 billion last quarter, reflecting a 9.7% year-over-year increase, which not only surpassed analyst expectations but also provided robust support for next quarter's EPS guidance, showcasing the company's competitive edge and growth potential in the market.
- Optimistic Market Expectations: This quarter, the market anticipates TD SYNNEX's revenue to grow by 7.8% year-over-year, a significant improvement from the 4% growth recorded in the same quarter last year, indicating investor confidence in the company's future performance and expectations for industry recovery.
- Analysts Maintain Positive Outlook: Over the past 30 days, analysts covering TD SYNNEX have generally reaffirmed their revenue estimates, suggesting confidence in the company's ability to maintain stable performance heading into earnings, despite having missed Wall Street's revenue estimates multiple times over the past two years.
- Stable Stock Price Movement: Despite an average decline of 7.2% in share prices across the tech hardware and electronics sector over the past month, TD SYNNEX's stock price remained unchanged at $157.10, with an average analyst price target of $179.91, indicating potential upside ahead.
See More
Market Volatility Driven by Iran Conflict and Jobs Data Ahead
- Jobs Data Focus: Investors are poised to scrutinize the upcoming nonfarm payroll report, with expectations of 60,000 jobs added in March; failure to meet this target could heighten concerns over stagflation, complicating the Fed's monetary policy decisions.
- Consumer Confidence Survey: The consumer confidence index set to be released on Tuesday, along with Wednesday's retail sales report expected to show a 0.5% month-over-month increase, may reflect consumer spending resilience amid economic uncertainty, potentially boosting market sentiment.
- Nike Earnings Expectations: Nike's earnings report on Tuesday night is anticipated with caution, as the market reacts to a disappointing 17% revenue decline in China, despite a 9% sales increase in North America, leaving investors wary about the company's profitability recovery.
- Overall Market Risks: Beyond the Middle East conflict, the rapid adoption of artificial intelligence is also pressuring the market, with investor jitters over AI's potential negative impacts likely leading to further volatility in tech stocks, affecting overall market performance.
See More
TD SYNNEX Achieves Microsoft Frontier Distributor Designation
- Global Distributor Certification: TD SYNNEX has achieved the Microsoft Frontier Distributor designation, reinforcing its leadership in modern distribution and enhancing partner enablement capabilities across over 100 countries, enabling customers to adopt solutions faster and monetize AI effectively.
- Cloud Solution Support: This designation highlights TD SYNNEX's excellence in support, channel enablement, and technical delivery, aimed at providing greater value to the SMB segment, facilitating faster growth for distributors, and improving consistency in customer experience.
- StreamOne® Platform Advantage: Through its award-winning StreamOne® cloud commerce platform, TD SYNNEX offers a fully transactable digital marketplace with API-driven architecture, automated billing, and cloud-native infrastructure, ensuring secure deployment and enhancing transaction efficiency for customers.
- Customer Success Assurance: As a Microsoft Designated Support Provider, TD SYNNEX delivers comprehensive technical support and training to help customers fully leverage Microsoft's offerings, ensuring secure deployments and consistent execution worldwide, further enhancing customer success capabilities.
See More
TD SYNNEX Earns Microsoft’s Newly Created Frontier Distributor Status
New Frontiers in Distribution: Microsoft has established a new frontier distributor, enhancing its distribution capabilities.
Strategic Move: This initiative is part of Microsoft's strategy to strengthen its market presence and improve service delivery.
See More
TD SYNNEX Awarded 2025 North American Distributor of the Year by Palo Alto Networks
- Distributor of the Year: TD SYNNEX has been awarded the 2025 North American Distributor of the Year by Palo Alto Networks, recognizing its exceptional performance and commitment to customer security over the past fiscal year, which underscores the company's leadership in the industry.
- Sustained Growth: This marks the fourth consecutive year TD SYNNEX has received this award, reflecting a strong partnership with Palo Alto Networks based on exceptional year-over-year growth and operational excellence, further solidifying its market position.
- Service Innovation: The introduction of the Security Operation Center (SOC) as a Service program makes TD SYNNEX the only distributor in North America to offer advanced Managed Detection and Response (MDR) services powered by the Palo Alto Networks Cortex SecOps platform, enhancing partners' service capabilities.
- Expanded Technical Support: TD SYNNEX has added Cortex and Prisma training opportunities at its Cyber Range facility, further enhancing technical support for Palo Alto Networks solutions and helping partners effectively address complex security challenges.
See More
TD SYNNEX Achieves Perfect Score in Human Rights Campaign Assessment
- Perfect Score Achievement: TD SYNNEX received a score of 100 on the Human Rights Campaign's 2026 Corporate Equality Index, joining 534 honored companies, which highlights its leadership in LGBTQ+ workplace inclusion.
- Ongoing Commitment: CEO Patrick Zammit emphasized that earning the top score for the fourth consecutive year exemplifies the global team's dedication to fostering a workplace where everyone is respected and valued, reinforcing the company's culture.
- Policy Impact: The 2026 CEI results indicate that 98% of rated companies include sexual orientation and gender identity in their non-discrimination policies, showcasing U.S. businesses' proactive efforts in promoting LGBTQ+ friendly policies, impacting over 22 million U.S. workers.
- Comprehensive Coverage: 87% of companies provide comprehensive healthcare coverage for all employees, including transgender individuals for medically necessary care, reflecting the corporate responsibility and commitment to supporting LGBTQ+ employees and their families.
See More
TD SYNNEX Earnings Preview: 9.7% Revenue Growth
- Revenue Performance Exceeds Expectations: TD SYNNEX reported revenues of $17.38 billion last quarter, reflecting a 9.7% year-over-year increase, which not only surpassed analyst expectations but also provided robust support for next quarter's EPS guidance, showcasing the company's competitive edge and growth potential in the market.
- Optimistic Market Expectations: This quarter, the market anticipates TD SYNNEX's revenue to grow by 7.8% year-over-year, a significant improvement from the 4% growth recorded in the same quarter last year, indicating investor confidence in the company's future performance and expectations for industry recovery.
- Analysts Maintain Positive Outlook: Over the past 30 days, analysts covering TD SYNNEX have generally reaffirmed their revenue estimates, suggesting confidence in the company's ability to maintain stable performance heading into earnings, despite having missed Wall Street's revenue estimates multiple times over the past two years.
- Stable Stock Price Movement: Despite an average decline of 7.2% in share prices across the tech hardware and electronics sector over the past month, TD SYNNEX's stock price remained unchanged at $157.10, with an average analyst price target of $179.91, indicating potential upside ahead.
See More
Market Volatility Driven by Iran Conflict and Jobs Data Ahead
- Jobs Data Focus: Investors are poised to scrutinize the upcoming nonfarm payroll report, with expectations of 60,000 jobs added in March; failure to meet this target could heighten concerns over stagflation, complicating the Fed's monetary policy decisions.
- Consumer Confidence Survey: The consumer confidence index set to be released on Tuesday, along with Wednesday's retail sales report expected to show a 0.5% month-over-month increase, may reflect consumer spending resilience amid economic uncertainty, potentially boosting market sentiment.
- Nike Earnings Expectations: Nike's earnings report on Tuesday night is anticipated with caution, as the market reacts to a disappointing 17% revenue decline in China, despite a 9% sales increase in North America, leaving investors wary about the company's profitability recovery.
- Overall Market Risks: Beyond the Middle East conflict, the rapid adoption of artificial intelligence is also pressuring the market, with investor jitters over AI's potential negative impacts likely leading to further volatility in tech stocks, affecting overall market performance.
See More
TD SYNNEX Achieves Microsoft Frontier Distributor Designation
- Global Distributor Certification: TD SYNNEX has achieved the Microsoft Frontier Distributor designation, reinforcing its leadership in modern distribution and enhancing partner enablement capabilities across over 100 countries, enabling customers to adopt solutions faster and monetize AI effectively.
- Cloud Solution Support: This designation highlights TD SYNNEX's excellence in support, channel enablement, and technical delivery, aimed at providing greater value to the SMB segment, facilitating faster growth for distributors, and improving consistency in customer experience.
- StreamOne® Platform Advantage: Through its award-winning StreamOne® cloud commerce platform, TD SYNNEX offers a fully transactable digital marketplace with API-driven architecture, automated billing, and cloud-native infrastructure, ensuring secure deployment and enhancing transaction efficiency for customers.
- Customer Success Assurance: As a Microsoft Designated Support Provider, TD SYNNEX delivers comprehensive technical support and training to help customers fully leverage Microsoft's offerings, ensuring secure deployments and consistent execution worldwide, further enhancing customer success capabilities.
See More
TD SYNNEX Earns Microsoft’s Newly Created Frontier Distributor Status
New Frontiers in Distribution: Microsoft has established a new frontier distributor, enhancing its distribution capabilities.
Strategic Move: This initiative is part of Microsoft's strategy to strengthen its market presence and improve service delivery.
See More
TD SYNNEX Awarded 2025 North American Distributor of the Year by Palo Alto Networks
- Distributor of the Year: TD SYNNEX has been awarded the 2025 North American Distributor of the Year by Palo Alto Networks, recognizing its exceptional performance and commitment to customer security over the past fiscal year, which underscores the company's leadership in the industry.
- Sustained Growth: This marks the fourth consecutive year TD SYNNEX has received this award, reflecting a strong partnership with Palo Alto Networks based on exceptional year-over-year growth and operational excellence, further solidifying its market position.
- Service Innovation: The introduction of the Security Operation Center (SOC) as a Service program makes TD SYNNEX the only distributor in North America to offer advanced Managed Detection and Response (MDR) services powered by the Palo Alto Networks Cortex SecOps platform, enhancing partners' service capabilities.
- Expanded Technical Support: TD SYNNEX has added Cortex and Prisma training opportunities at its Cyber Range facility, further enhancing technical support for Palo Alto Networks solutions and helping partners effectively address complex security challenges.
See More
TD SYNNEX Achieves Perfect Score in Human Rights Campaign Assessment
- Perfect Score Achievement: TD SYNNEX received a score of 100 on the Human Rights Campaign's 2026 Corporate Equality Index, joining 534 honored companies, which highlights its leadership in LGBTQ+ workplace inclusion.
- Ongoing Commitment: CEO Patrick Zammit emphasized that earning the top score for the fourth consecutive year exemplifies the global team's dedication to fostering a workplace where everyone is respected and valued, reinforcing the company's culture.
- Policy Impact: The 2026 CEI results indicate that 98% of rated companies include sexual orientation and gender identity in their non-discrimination policies, showcasing U.S. businesses' proactive efforts in promoting LGBTQ+ friendly policies, impacting over 22 million U.S. workers.
- Comprehensive Coverage: 87% of companies provide comprehensive healthcare coverage for all employees, including transgender individuals for medically necessary care, reflecting the corporate responsibility and commitment to supporting LGBTQ+ employees and their families.
See More
