Stock Price & Analysis

Analysis and Insights

Technical Analysis:

The Relative Strength Index (RSI) for SNX is currently at 28.9, indicating oversold conditions, which may present a buying opportunity. The stock price has recently dipped to $131.71, potentially signaling a rebound.

Analyst Sentiment:

Analysts have raised their price targets for SNX, with RBC Capital increasing it to $165, Barclays to $148, and Stifel to $140. The average price target is $148.33, suggesting upside potential.

Insider Activity:

There has been notable insider selling, with Director Richard Hume selling 20,000 shares and another executive selling 100 shares. This could indicate short-term caution despite positive analyst sentiment.

Valuation:

The stock's current price of $126.41 is below the Fibonacci pivot point of $133.93, which may act as a support level. The forward P/E ratio is elevated, but improving IT demand and growth in hyperscalers could justify the valuation.

Conclusion:

Buy SNX stock as analysts raise price targets and oversold conditions suggest a potential rebound. Sell SNX stock due to insider selling and high valuation.

The price target for SNX stock in 2025 is predicted to reach $148, driven by analyst upgrades and strong technical indicators. Recent analyst ratings have increased, with RBC Capital raising their target to $165 and Barclays to $148, signaling confidence in the stock's growth. The stock's oversold status and attractive dividend yield further support a potential price rebound.

The S1 support level for SNX Stock is $125.28 ,The R1 resistant level for SNX Stock is $136.61.

As of the end of day on 2025-03-17, the price of SNX Stock was $126.2.

The target price for SNX Stock according to analyst rating is 150.50, with the highest price target at 165.00 and the lowest at 140.00. Analysts have a Strong Buy rating on SNX Stock overall.

The market cap of SNX is $10.7B.

Analysis and Insights

SNX may not be overvalued based on current analysis. Here's the breakdown:

1. Valuation Metrics: SNX's valuation metrics such as EV/EBITDA and PB ratio are within reasonable ranges compared to industry peers, suggesting it is not significantly overvalued.

2. Technical Indicators: The stock's RSI of 24.59 indicates oversold conditions, potentially signaling undervaluation rather than overvaluation.

3. Analyst Sentiment: Analysts have raised price targets, with a range of $140 to $165, indicating confidence in the stock's upside potential.

4. Insider Activity: Recent insider selling could raise concerns, but this alone doesn't indicate overvaluation.

5. Price Action: The stock's decline into oversold territory may present a buying opportunity rather than a sign of overvaluation.

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 which are comprised of Endpoint Solutions Portfolio and Advanced Solutions Portfolio. Its Endpoint Solutions portfolio primarily includes personal computer (PC) systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software and consumer electronics. Its Advanced Solutions portfolio primarily includes data center technologies such as storage, networking, servers, advanced technology software, and converged and hyper-converged infrastructure. Its Advanced Solutions portfolio also includes specialized solution businesses. It offers services, such as systems design and integration solutions, logistics services, online services, and financial services. Its geographical segments include the Americas, Europe and Asia-Pacific and Japan (APJ).

Price Prediction for SNX Stock in 2030

Based on current trends and analyst expectations, the price prediction for SNX stock in 2030 is $180 per share. This forecast is supported by strong revenue growth and improved profitability metrics. Analysts have raised their targets, with an average of $148.33, suggesting confidence in the stock's long-term potential. The oversold RSI of 28.9 indicates a potential rebound, aligning with the bullish outlook.

SNX has a total of 23000 employees.