TD SYNNEX (SNX) Q4 2025 Earnings Call Transcript

Written by Emily J. Thompson, Senior Investment Analyst

SNX+0.19%

Source: NASDAQ.COM

Updated: 1h ago

0mins

Source: NASDAQ.COM

SNX

$150.38+Infinity%1D

Analyst Views on SNX

Wall Street analysts forecast SNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNX is 177.00 USD with a low forecast of 164.00 USD and a high forecast of 187.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Analyst Rating

8 Buy

2 Hold

0 Sell

Strong Buy

Current: 150.090

Low

164.00

Averages

177.00

High

187.00

Current: 150.090

Low

164.00

Averages

177.00

High

187.00

Morgan Stanley

Overweight

downgrade

$181 -> $177

Al Analysis

2025-12-17

Reason

Morgan Stanley

Price Target

$181 -> $177

Al Analysis

2025-12-17

downgrade

Overweight

Reason

Morgan Stanley lowered the firm's price target on TD Synnex (SNX) to $177 from $181 and keeps an Overweight rating on the shares. Among the IT Hardware group, the firm recommends being overweight cloud capex winners, product-cycle beneficiaries such as Apple, and unique assets, while it suggests being underweight stocks with elevated memory exposure - like Dell (DELL) and HP (HPQ) - and is "increasingly more cautious" on memory-exposed names as well, the analyst tells investors in a year-ahead note.

UBS

Buy

upgrade

$154 -> $187

2025-09-29

Reason

UBS

Price Target

$154 -> $187

2025-09-29

upgrade

Buy

Reason

UBS raised the firm's price target on TD Synnex to $187 from $154 and keeps a Buy rating on the shares. The firm tells investors in a research note that \"buzz worthy\" results at Hyve is helping drive upside.

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Barrington

maintain

$156 -> $182

2025-09-29

Reason

Barrington

Price Target

$156 -> $182

2025-09-29

maintain

Reason

Barrington raised the firm's price target on TD Synnex to $182 from $156 and keeps an Outperform rating on the shares. The firm increased estimates citing strengthening demand following the company's gross billings and revenue beat in fiscal Q3.

Barclays

Equal Weight

maintain

$140 -> $164

2025-09-26

Reason

Barclays

Price Target

$140 -> $164

2025-09-26

maintain

Equal Weight

Reason

Barclays raised the firm's price target on TD Synnex to $164 from $140 and keeps an Equal Weight rating on the shares. The company reported a Q3 beat on strong PC, software, and Hyve results, but caution remains that the PC refresh cycle is nearing its peak, the analyst tells investors in a research note. The firm views TD Synnex's results as a sign that enterprise spending is recovering.

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.