TD SYNNEX (NYSE:SNX) Releases Q2 2026 Earnings Guidance

TD SYNNEX (NYSE:SNX) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.750-4.250 for the period, compared to the consensus estimate of 3.370. The company issued revenue guidance of $16.1 billion-$16.9 billion, compared to the consensus revenue estimate of $15.8 billion.

TD SYNNEX Price Performance

TD SYNNEX stock opened at $199.95 on Friday. TD SYNNEX has a 12 month low of $98.75 and a 12 month high of $205.01. The company has a current ratio of 1.22, a quick ratio of 0.71 and a debt-to-equity ratio of 0.41. The business’s 50 day simple moving average is $164.35 and its 200 day simple moving average is $157.27. The company has a market cap of $16.07 billion, a price-to-earnings ratio of 16.62, a PEG ratio of 1.03 and a beta of 1.23.

TD SYNNEX (NYSE:SNX) last posted its quarterly earnings data on Tuesday, March 31st. The business services provider reported $4.73 EPS for the quarter, beating the consensus estimate of $3.24 by $1.49. TD SYNNEX had a return on equity of 14.03% and a net margin of 1.52%.The business had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $15.59 billion. During the same quarter in the prior year, the business earned $2.80 earnings per share. TD SYNNEX’s revenue for the quarter was up 18.1% on a year-over-year basis. Sell-side analysts forecast that TD SYNNEX will post 11.88 EPS for the current year.

TD SYNNEX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 15th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.92 dividend on an annualized basis and a yield of 1.0%. TD SYNNEX’s payout ratio is presently 15.96%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of TD SYNNEX in a report on Wednesday, January 21st. Royal Bank Of Canada boosted their target price on shares of TD SYNNEX from $180.00 to $210.00 and gave the company an “outperform” rating in a report on Wednesday, April 1st. JPMorgan Chase & Co. boosted their target price on shares of TD SYNNEX from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Wednesday, April 1st. Barrington Research reissued an “outperform” rating and set a $182.00 target price on shares of TD SYNNEX in a report on Friday, March 27th. Finally, The Goldman Sachs Group boosted their target price on shares of TD SYNNEX from $180.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $183.00.

Insider Transactions at TD SYNNEX

In other news, Director Richard T. Hume sold 25,000 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $160.67, for a total value of $4,016,750.00. Following the transaction, the director owned 47,515 shares of the company’s stock, valued at approximately $7,634,235.05. This represents a 34.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Merline Saintil sold 167 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $157.75, for a total transaction of $26,344.25. Following the completion of the transaction, the director owned 6,995 shares of the company’s stock, valued at $1,103,461.25. This trade represents a 2.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 82,165 shares of company stock valued at $13,559,368. Corporate insiders own 0.70% of the company’s stock.

Key Stories Impacting TD SYNNEX

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

• Positive Sentiment: Management raised Q2 FY26 guidance to EPS $3.75–4.25 (consensus ~3.37) and revenue guidance of $16.1B–$16.9B (consensus ~$15.8B), signaling stronger near‑term operating performance that can support the stock.
• Positive Sentiment: Zacks upgraded SNX from “hold” to “strong-buy,” a catalyst that can attract momentum buyers and institutional interest. Read More.
• Neutral Sentiment: Recent analyst/features examine valuation after a ~90% one‑year rally; these pieces highlight both upside from better results and higher valuation risk, which may lengthen consolidation. Read More.
• Neutral Sentiment: Additional coverage asks whether it’s too late to buy after the strong run; such articles can drive mixed trading as investors weigh growth vs stretched multiples. Read More.
• Neutral Sentiment: Major outlets are running company pages and summaries that may amplify trading volume but add little new fundamental news. Read More.
• Negative Sentiment: Insider Miriam Anne Murphy sold 3,025 shares at an average $200.14, trimming her stake by ~21.9% — a sizable reduction that can be interpreted as profit‑taking and may pressure sentiment. SEC filing: Read More.
• Negative Sentiment: Another insider, David Gregory Jordan, sold 3,225 shares (reported), adding to the insider selling narrative and short‑term downward pressure. Read More.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SNX. Ossiam grew its position in TD SYNNEX by 84.3% in the third quarter. Ossiam now owns 164 shares of the business services provider’s stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in TD SYNNEX in the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC purchased a new position in TD SYNNEX in the third quarter worth $30,000. Brown Brothers Harriman & Co. grew its position in TD SYNNEX by 675.9% in the third quarter. Brown Brothers Harriman & Co. now owns 225 shares of the business services provider’s stock worth $37,000 after acquiring an additional 196 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in TD SYNNEX by 97.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 470 shares of the business services provider’s stock worth $72,000 after acquiring an additional 232 shares in the last quarter. 84.00% of the stock is currently owned by hedge funds and other 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.