TD SYNNEX (NYSE:SNX – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 5.650-6.150 for the period, compared to the consensus earnings per share estimate of 4.800. The company issued revenue guidance of $21.8 billion-$22.6 billion, compared to the consensus revenue estimate of $19.4 billion.
Analysts Set New Price Targets
SNX has been the subject of several analyst reports. Barrington Research increased their target price on shares of TD SYNNEX from $202.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, June 26th. UBS Group upped their price objective on TD SYNNEX from $310.00 to $352.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Royal Bank Of Canada set a $340.00 price target on shares of TD SYNNEX in a report on Friday, June 26th. JPMorgan Chase & Co. upgraded TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 target price for the company in a research note on Wednesday, May 27th. Finally, Zacks Research downgraded TD SYNNEX from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, TD SYNNEX currently has an average rating of “Moderate Buy” and an average target price of $291.22.
View Our Latest Stock Report on SNX
TD SYNNEX Price Performance
TD SYNNEX (NYSE:SNX – Get Free Report) last announced its quarterly earnings data on Thursday, June 25th. The business services provider reported $4.85 EPS for the quarter, beating the consensus estimate of $4.14 by $0.71. The company had revenue of $19.57 billion for the quarter, compared to the consensus estimate of $16.80 billion. TD SYNNEX had a return on equity of 15.37% and a net margin of 1.63%.TD SYNNEX’s quarterly revenue was up 31.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.99 EPS. As a group, equities research analysts forecast that TD SYNNEX will post 18.16 EPS for the current year.
Insider Activity
In related news, Director Ann Vezina sold 1,273 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $256.05, for a total value of $325,951.65. Following the completion of the transaction, the director directly owned 5,828 shares of the company’s stock, valued at $1,492,259.40. This trade represents a 17.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard Hume sold 5,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $262.21, for a total value of $1,311,050.00. Following the completion of the transaction, the director owned 13,537 shares of the company’s stock, valued at $3,549,536.77. This trade represents a 26.97% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 11,273 shares of company stock valued at $2,851,852. Corporate insiders own 0.70% of the company’s stock.
About TD SYNNEX
TD SYNNEX Corporation (NYSE: SNX) is a global technology distributor and solutions aggregator that connects technology manufacturers with resellers, systems integrators, managed service providers and other business partners. The company helps its partners design, procure, configure and deliver technology solutions to organizations across a range of industries.
Its portfolio includes personal computing devices, peripherals, networking equipment, data-center infrastructure, cybersecurity products, software and cloud services.
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