TD SYNNEX (NYSE:SNX) Issues Q1 2026 Earnings Guidance

TD SYNNEX (NYSE:SNX) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.000-3.500 for the period, compared to the consensus estimate of 3.150. The company issued revenue guidance of $15.1 billion-$15.9 billion, compared to the consensus revenue estimate of $15.4 billion.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SNX. Wall Street Zen downgraded shares of TD SYNNEX from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Zacks Research lowered shares of TD SYNNEX from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of TD SYNNEX in a research report on Wednesday, October 8th. The Goldman Sachs Group upped their target price on TD SYNNEX from $145.00 to $164.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. Finally, Barrington Research increased their price objective on shares of TD SYNNEX from $156.00 to $182.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $169.18.

TD SYNNEX Price Performance

SNX stock opened at $150.84 on Thursday. TD SYNNEX has a 12 month low of $92.23 and a 12 month high of $167.76. The company has a current ratio of 1.20, a quick ratio of 0.71 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $12.28 billion, a P/E ratio of 16.36, a price-to-earnings-growth ratio of 1.04 and a beta of 1.37. The firm has a 50 day moving average of $152.01 and a 200-day moving average of $149.74.

TD SYNNEX (NYSE:SNX) last released its quarterly earnings results on Thursday, January 8th. The business services provider reported $3.68 earnings per share for the quarter, beating the consensus estimate of $3.62 by $0.06. TD SYNNEX had a return on equity of 12.13% and a net margin of 1.27%.TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. As a group, sell-side analysts predict that TD SYNNEX will post 11.88 earnings per share for the current fiscal year.

Insider Transactions at TD SYNNEX

In other TD SYNNEX news, insider Alim Dhanji sold 1,762 shares of the business’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $154.55, for a total value of $272,317.10. Following the completion of the sale, the insider directly owned 13,426 shares of the company’s stock, valued at $2,074,988.30. The trade was a 11.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Miriam Anne Murphy sold 1,673 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $156.49, for a total value of $261,807.77. Following the transaction, the insider directly owned 16,529 shares in the company, valued at $2,586,623.21. This trade represents a 9.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 23,939 shares of company stock worth $3,690,188. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On TD SYNNEX

A number of institutional investors have recently bought and sold shares of the stock. Ossiam increased its holdings in shares of TD SYNNEX by 84.3% during the third quarter. Ossiam now owns 164 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 75 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in TD SYNNEX in the 3rd quarter valued at approximately $30,000. Brown Brothers Harriman & Co. increased its holdings in shares of TD SYNNEX by 675.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 225 shares of the business services provider’s stock worth $37,000 after purchasing an additional 196 shares in the last quarter. Danske Bank A S purchased a new position in shares of TD SYNNEX in the third quarter worth $98,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of TD SYNNEX by 17.4% during the second quarter. EverSource Wealth Advisors LLC now owns 852 shares of the business services provider’s stock valued at $116,000 after purchasing an additional 126 shares in the last quarter. 84.00% of the stock is owned by institutional investors.

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.