TD SYNNEX (NYSE:SNX) Posts Quarterly Earnings Results, Beats Estimates By $0.98 EPS

TD SYNNEX (NYSE:SNX) announced its earnings results on Thursday. The business services provider reported $5.68 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.98, FiscalAI reports. The company had revenue of $21.56 billion during the quarter, compared to the consensus estimate of $18.91 billion. TD SYNNEX had a return on equity of 15.37% and a net margin of 1.63%. TD SYNNEX updated its Q4 2026 guidance to 5.650-6.150 EPS.

TD SYNNEX Stock Performance

SNX opened at $288.12 on Thursday. The firm’s fifty day simple moving average is $256.64 and its two-hundred day simple 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. The company has a market cap of $23.04 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 0.79 and a beta of 1.43. TD SYNNEX has a 52-week low of $142.22 and a 52-week high of $298.77.

Key TD SYNNEX News

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.

Wall Street Analysts Forecast Growth

SNX has been the subject of a number of analyst reports. Royal Bank Of Canada set a $340.00 price objective on shares of TD SYNNEX in a research note on Friday, June 26th. UBS Group lifted their price objective on TD SYNNEX from $310.00 to $352.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Barrington Research boosted their price objective on TD SYNNEX from $202.00 to $325.00 and gave the company an “outperform” rating in a research report on Friday, June 26th. Weiss Ratings reissued a “buy (b)” rating on shares of TD SYNNEX in a report on Monday, September 14th. Finally, JPMorgan Chase & Co. raised shares of TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 price objective for the company in a research note on Wednesday, May 27th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, TD SYNNEX has an average rating of “Moderate Buy” and a consensus target price of $291.22.

Insider Activity

In related news, Director Ann Vezina sold 1,273 shares of the company’s stock in a transaction dated 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 sale, the director owned 5,828 shares of the company’s stock, valued at approximately $1,492,259.40. This represents a 17.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Richard Hume sold 5,000 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $242.97, for a total value of $1,214,850.00. Following the completion of the transaction, the director directly owned 18,537 shares in the company, valued at approximately $4,503,934.89. This trade represents a 21.24% 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 have sold 11,273 shares of company stock worth $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.