Q2 Earnings Forecast for TD SYNNEX Issued By Zacks Research

TD SYNNEX Corporation (NYSE:SNX) – Investment analysts at Zacks Research boosted their Q2 2026 earnings per share estimates for TD SYNNEX in a research note issued on Thursday, October 16th. Zacks Research analyst Team now anticipates that the business services provider will earn $3.13 per share for the quarter, up from their previous estimate of $3.01. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for TD SYNNEX’s current full-year earnings is $11.88 per share. Zacks Research also issued estimates for TD SYNNEX’s Q3 2026 earnings at $3.35 EPS and Q2 2027 earnings at $3.47 EPS.

TD SYNNEX (NYSE:SNX) last released its earnings results on Thursday, September 25th. The business services provider reported $2.74 EPS for the quarter, missing the consensus estimate of $3.05 by ($0.31). The business had revenue of $15.65 billion during the quarter, compared to analyst estimates of $15.11 billion. TD SYNNEX had a net margin of 1.27% and a return on equity of 12.13%. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.86 earnings per share. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS.

A number of other research analysts have also recently weighed in on SNX. Loop Capital lifted their target price on TD SYNNEX from $150.00 to $160.00 and gave the company a “buy” rating in a report on Monday, June 30th. Royal Bank Of Canada lifted their target price on TD SYNNEX from $165.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, September 26th. Morgan Stanley lifted their target price on TD SYNNEX from $173.00 to $181.00 and gave the company an “overweight” rating in a report on Friday, September 26th. Barrington Research lifted their target price on TD SYNNEX from $156.00 to $182.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Finally, The Goldman Sachs Group lifted their target price on TD SYNNEX from $145.00 to $164.00 and gave the company a “buy” rating in a report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $169.55.

TD SYNNEX Stock Performance

TD SYNNEX stock opened at $154.09 on Monday. TD SYNNEX has a 52 week low of $92.23 and a 52 week high of $167.76. The firm has a market capitalization of $12.55 billion, a P/E ratio of 16.71, a PEG ratio of 1.19 and a beta of 1.43. 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 stock has a fifty day moving average price of $152.80 and a 200 day moving average price of $135.48.

Institutional Trading of TD SYNNEX

Hedge funds and other institutional investors have recently modified their holdings of the business. Voya Investment Management LLC increased its position in shares of TD SYNNEX by 27.4% during the first quarter. Voya Investment Management LLC now owns 33,490 shares of the business services provider’s stock worth $3,482,000 after acquiring an additional 7,212 shares during the last quarter. CX Institutional increased its position in shares of TD SYNNEX by 28.9% during the second quarter. CX Institutional now owns 15,434 shares of the business services provider’s stock worth $2,094,000 after acquiring an additional 3,457 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of TD SYNNEX by 36.5% during the first quarter. Envestnet Asset Management Inc. now owns 75,778 shares of the business services provider’s stock worth $7,878,000 after acquiring an additional 20,280 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of TD SYNNEX by 3.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,252 shares of the business services provider’s stock worth $754,000 after acquiring an additional 244 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of TD SYNNEX by 11.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,361 shares of the business services provider’s stock worth $765,000 after acquiring an additional 785 shares during the last quarter. 84.00% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other TD SYNNEX news, Director Richard T. Hume sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $155.90, for a total transaction of $779,500.00. Following the transaction, the director owned 62,515 shares in the company, valued at $9,746,088.50. The trade was a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ann F. Vezina sold 812 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $150.42, for a total value of $122,141.04. Following the transaction, the director owned 6,079 shares in the company, valued at approximately $914,403.18. This represents a 11.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,673 shares of company stock worth $1,030,653 over the last quarter. 1.00% of the stock is owned by corporate insiders.

TD SYNNEX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, October 17th. TD SYNNEX’s payout ratio is currently 19.09%.

About TD SYNNEX

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.