Barclays Issues Positive Forecast for TD SYNNEX (NYSE:SNX) Stock Price

TD SYNNEX (NYSE:SNX) had its price objective raised by equities researchers at Barclays from $163.00 to $166.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the business services provider’s stock. Barclays‘s price objective would suggest a potential downside of 9.50% from the stock’s current price.

SNX has been the topic of several other research reports. Wall Street Zen upgraded TD SYNNEX from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. The Goldman Sachs Group assumed coverage on shares of TD SYNNEX in a research report on Tuesday, January 13th. They issued a “buy” rating and a $180.00 price objective on the stock. Zacks Research cut shares of TD SYNNEX from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. UBS Group raised their target price on shares of TD SYNNEX from $187.00 to $193.00 and gave the company a “buy” rating in a research report on Friday, January 9th. Finally, Morgan Stanley lifted their price target on shares of TD SYNNEX from $172.00 to $174.00 and gave the company an “overweight” rating in a research note on Friday, March 20th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, TD SYNNEX has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

TD SYNNEX Stock Up 8.7%

NYSE SNX traded up $14.72 on Wednesday, reaching $183.43. The company had a trading volume of 1,373,475 shares, compared to its average volume of 778,347. The company’s fifty day moving average is $159.18 and its 200-day moving average is $155.29. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 1.15 and a beta of 1.37. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.75 and a current ratio of 1.21. TD SYNNEX has a 1-year low of $92.23 and a 1-year high of $184.58.

TD SYNNEX (NYSE:SNX) last released its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.24 by $1.49. The firm had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $15.59 billion. TD SYNNEX had a return on equity of 12.60% and a net margin of 1.32%.The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $2.80 EPS. On average, research analysts forecast that TD SYNNEX will post 11.88 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Patrick Zammit sold 13,900 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $171.57, for a total value of $2,384,823.00. Following the completion of the transaction, the chief executive officer directly owned 170,928 shares of the company’s stock, valued at approximately $29,326,116.96. This trade represents a 7.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Merline Saintil sold 167 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $157.75, for a total transaction of $26,344.25. Following the transaction, the director owned 6,995 shares in the company, valued at approximately $1,103,461.25. The trade was a 2.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 80,915 shares of company stock valued at $13,111,786. 0.70% of the stock is owned by insiders.

Hedge Funds Weigh In On TD SYNNEX

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dorato Capital Management bought a new stake in TD SYNNEX in the fourth quarter valued at approximately $27,000. Ossiam boosted its stake in shares of TD SYNNEX by 84.3% during the 3rd quarter. Ossiam now owns 164 shares of the business services provider’s stock worth $27,000 after acquiring an additional 75 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of TD SYNNEX during the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in TD SYNNEX in the 3rd quarter valued at $30,000. Finally, Lloyd Advisory Services LLC. bought a new stake in TD SYNNEX in the 4th quarter valued at $32,000. Institutional investors own 84.00% of the company’s stock.

Key Stories Impacting TD SYNNEX

Here are the key news stories impacting TD SYNNEX this week:

• Positive Sentiment: Q1 beat on both EPS and revenue — TD SYNNEX reported $4.73 EPS versus consensus near $3.25 and revenue of ~$17.16B, materially topping estimates; management gave a constructive Q2 outlook. This beat-and-guidance combination is the primary driver of the stock strength. Earnings Call Transcript
• Positive Sentiment: Broad-based growth — Management and analysts point to growth across distribution and Hyve/Hive (solutions/commercial software/aggregation businesses) as the source of upside to guidance, implying higher-margin services are contributing more to revenue and profit. That mix shift supports upside to forward estimates. SNX Q1 Deep Dive
• Neutral Sentiment: Dividend declared — The board declared a quarterly dividend of $0.48/share (annualized yield ~1.1%), payable late April to holders of record April 15. It’s positive for income investors but modest in size relative to valuation impact.
• Neutral Sentiment: New partner additions expand product reach — TD SYNNEX announced a distribution/partner agreement with FatPipe to resell SD?WAN and cybersecurity solutions, supporting continued expansion of vendor partnerships and addressable market. FatPipe Partnership
• Neutral Sentiment: Analysts remain mixed — Coverage shows divergent views and price targets (median near ~$178), so while the quarter lifted sentiment, analyst positioning remains varied which could moderate follow-through moves. Analyst Coverage
• Negative Sentiment: Significant insider and institutional selling in recent periods — Data shows heavy insider sales and large institutional reductions in Q4 2025, which could cap upside if selling resumes despite the beat. This is a potential headwind for sustained multiple expansion. Insider / Institutional Activity

TD SYNNEX Company Profile

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the information technology industry. Formed in September 2021 through the merger of Tech Data and SYNNEX Corporation, the company provides a comprehensive range of products, services and solutions that span hardware, software, cloud, mobility, security and data center technologies. TD SYNNEX partners with vendors, resellers and system integrators to design, deploy and support IT infrastructures across diverse market segments, including commercial enterprises, public sector organizations and retail operations.

The company’s core business activities include the distribution of technology products from manufacturers such as servers, storage, networking equipment and peripherals, as well as the resale and provisioning of software licenses and cloud-based solutions.