TD SYNNEX (NYSE:SNX) Posts Quarterly Earnings Results, Beats Expectations By $0.83 EPS

TD SYNNEX (NYSE:SNX) announced its quarterly earnings results on Thursday. The business services provider reported $5.53 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.83, Zacks reports. TD SYNNEX had a net margin of 1.63% and a return on equity of 15.37%. TD SYNNEX updated its Q4 2026 guidance to 5.650-6.150 EPS.

TD SYNNEX Stock Up 1.7%

Shares of NYSE:SNX opened at $288.12 on Thursday. TD SYNNEX has a 52-week low of $142.22 and a 52-week high of $298.77. The stock has a market cap of $23.04 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 0.79 and a beta of 1.43. The business’s 50 day moving average is $256.64 and its 200 day moving average is $236.49. The company has a quick ratio of 0.64, a current ratio of 1.20 and a debt-to-equity ratio of 0.40.

TD SYNNEX News Roundup

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

• Positive Sentiment: Quarterly earnings beat expectations: TD SYNNEX reported approximately $5.5 in adjusted EPS, exceeding analysts’ estimates of roughly $4.70–$4.75. One report cited $5.53 per share, while another cited $5.68, but both indicate a significant earnings beat. TD SYNNEX earnings press release
• Positive Sentiment: Revenue also outperformed: Quarterly revenue was reported at approximately $21.56 billion, well above the $19.10 billion consensus estimate, signaling stronger-than-expected business activity across the company’s technology ecosystem.
• Positive Sentiment: Strong fourth-quarter outlook: Management forecast EPS of $5.65–$6.15 versus the $4.80 consensus and revenue of $21.8–$22.6 billion versus expectations of $19.4 billion. The guidance is the clearest near-term catalyst for the stock.
• Positive Sentiment: AI and cloud momentum: TD SYNNEX recently expanded its enterprise-AI capabilities through authorization under Anthropic’s reseller program for Amazon Bedrock, supporting the view that AI infrastructure and software demand can contribute to growth.
• Neutral Sentiment: Valuation and analyst views: The stock is trading near its 52-week high. Recent analyst price targets have a median of $307.50, suggesting additional potential but also a higher bar for future results.
• Negative Sentiment: Insider selling remains a risk: Data cited by Quiver Quantitative shows 70 insider sales and no purchases during the past six months. This may temper enthusiasm, although the sales are not necessarily tied to the latest earnings report.

Insider Buying and Selling at TD SYNNEX

In related news, Director Ann Vezina sold 1,273 shares of TD SYNNEX stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $256.05, for a total value of $325,951.65. Following the completion of the sale, the director directly owned 5,828 shares in the company, valued at $1,492,259.40. The trade was a 17.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Richard Hume sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $242.97, for a total transaction of $1,214,850.00. Following the completion of the sale, the director directly owned 18,537 shares of the company’s stock, valued at $4,503,934.89. The trade was a 21.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,273 shares of company stock worth $2,851,852. Insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

SNX has been the topic of a number of recent research reports. Royal Bank Of Canada set a $340.00 price objective on TD SYNNEX in a research report on Friday, June 26th. JPMorgan Chase & Co. raised TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 target price on the stock in a research report on Wednesday, May 27th. Morgan Stanley dropped their price objective on shares of TD SYNNEX from $374.00 to $334.00 and set an “overweight” rating for the company in a research note on Tuesday, September 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TD SYNNEX in a research note on Monday, September 14th. Finally, UBS Group increased their price objective on shares of TD SYNNEX from $310.00 to $352.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $291.22.

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.