SNX

TD Synnex Corp

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Advanced Chart

145.620

-0.95(-0.648%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

147.990

Open

146.390

VWAP

146.05

Vol

422.49K

Mkt Cap

12.01B

Low

145.251

Amount

61.70M

EV/EBITDA(TTM)

9.25

Total Shares

84.66M

15.43B

EV/OCF(TTM)

19.96

P/S(TTM)

0.21

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

15.14B

+4.17%

3.089

+10.34%

16.00B

+1%

3.324

+7.56%

15.12B

+2.96%

3.035

+6.12%

Estimates Revision

The market is revising Upward the revenue expectations for TD SYNNEX Corporation (SNX) for FY2025, with the revenue forecasts being adjusted by 1.16% over the past three months. During the same period, the stock price has changed by 18.23%.

Revenue Estimates for FY2025

Revise Upward

+1.16%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.04%

In Past 3 Month

Stock Price

Go Up

+18.23%

In Past 3 Month

8 Analyst Rating

6.44% Upside

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 155.00 USD with a low forecast of 140.00 USD and a high forecast of 170.00 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.

6 Buy

2 Hold

0 Sell

Strong Buy

6.44% Upside

Current: 145.620

Low

140.00

Averages

155.00

High

170.00

6.44% Upside

Current: 145.620

Low

140.00

Averages

155.00

High

170.00

BofA

Ruplu Bhattacharya

Buy

maintain

$156 -> $170

2025-07-24

Reason

BofA

Ruplu Bhattacharya

Price Target

$156 -> $170

2025-07-24

maintain

Buy

Reason

BofA analyst Ruplu Bhattacharya raised the firm's price target on TD Synnex to $170 from $156 and keeps a Buy rating on the shares after having hosted in-person investor meetings with CEO Patrick Zammit and CFO Marshall Witt as well as other executives. While noting that there were no updates to guidance, the firm walked away from the meetings "confident in TD Synnex's competitive position," the analyst tells investors.

JPMorgan

Neutral

maintain

$143 -> $160

2025-07-17

Reason

JPMorgan

Price Target

$143 -> $160

2025-07-17

maintain

Neutral

Reason

JPMorgan raised the firm's price target on TD Synnex to $160 from $143 and keeps a Neutral rating on the shares. The firm adjusted price targets in hardware and networking, saying it expects upside to second half of 2025 estimates from "robust" cloud spending. However, underlying end market drivers for other customer verticals "remain a watchpoint" as they exhibit more sensitivity to the macro environment, the analyst tells investors in a research note.

Loop Capital

NULL -> Buy

maintain

$150 -> $160

2025-06-30

Reason

Loop Capital

Price Target

$150 -> $160

2025-06-30

maintain

NULL -> Buy

Reason

Loop Capital raised the firm's price target on TD Synnex to $160 from $150 and keeps a Buy rating on the shares after its Q2 earnings beat. The company experienced continued strength in IT distribution and Hyperscale, exceeding guidance with 7% YoY revenue growth and 10% y/y EPS growth, the analyst tells investors in a research note. Key drivers included Endpoint Solutions, up 13% y/y in gross billings due to the ongoing PC refresh cycle, which TD Synnex believes is in its middle stages with further demand expected from refreshes and Windows 11 upgrades, the firm added.

Morgan Stanley

analyst

Overweight

maintain

$145 -> $155

2025-06-25

Reason

Morgan Stanley

analyst

Price Target

$145 -> $155

2025-06-25

maintain

Overweight

Reason

Morgan Stanley raised the firm's price target on TD Synnex to $155 from $145 and keeps an Overweight rating on the shares. Q2 results outpaced expectations and Q3 guidance was in-line with the Street, "despite embedded conservatism," says the analyst, who adds that demand is "trending a bit better than feared." TD Synnex is executing well and Hyve seems to have momentum, adds the analyst, whose FY25 EPS estimate moves 3% higher post-earnings.

Barclays

George Wang

Equal Weight

maintain

$118 -> $140

2025-06-24

Reason

Barclays

George Wang

Price Target

$118 -> $140

2025-06-24

maintain

Equal Weight

Reason

Barclays analyst George Wang raised the firm's price target on TD Synnex to $140 from $118 and keeps an Equal Weight rating on the shares. The company reported strong fiscal Q2 results with strength in PCs, software, security, and networking returning to growth, the analyst tells investors in a research note. The firm says management expects PC demand to continue to be strong in the second half of the year, especially in business-to-business, driven by the refresh cycle. TD Synnex's Q3 guidance is solid given tough compares and the uncertain tariff environment, contends Barclays.

Morgan Stanley

Erik Woodring

Overweight -> Equal Weight

downgrade

$23 -> $22

2025-06-11

Reason

Morgan Stanley

Erik Woodring

Price Target

$23 -> $22

2025-06-11

downgrade

Overweight -> Equal Weight

Reason

Morgan Stanley analyst Erik Woodring downgraded Ingram Micro (INGM) to Equal Weight from Overweight with a price target of $22, down from $23. The firm's positive view on IT spending hasn't changed, but it now sees more upside in TD Synnex (SNX) versus Ingram Micro. As such, it switched its preference among the distributors. There is also moderate downside risk to Ingram's 2026 consensus earnings estimates and the stock's private equity "overhang" will continue to limit multiple expansion, the analyst tells investors in a research note. Morgan Stanley says TD Synnex outperforms Ingram Micro on key metrics such as growth, free cash flow conversion, and margins.

See All Ratings

Valuation Metrics

The current forward P/E ratio for TD Synnex Corp (SNX.N) is 11.50, compared to its 5-year average forward P/E of 10.24. For a more detailed relative valuation and DCF analysis to assess TD Synnex Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

10.24

Current PE

11.50

Overvalued PE

12.77

Undervalued PE

7.70

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

7.62

Current EV/EBITDA

8.37

Overvalued EV/EBITDA

9.42

Undervalued EV/EBITDA

5.82

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.18

Current PS

0.19

Overvalued PS

0.24

Undervalued PS

0.12