TD SYNNEX (NYSE:SNX – Get Free Report) updated its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.650-6.150 for the period, compared to the consensus earnings per share estimate of 4.800. The company issued revenue guidance of $21.8 billion-$22.6 billion, compared to the consensus revenue estimate of $19.4 billion.
Wall Street Analyst Weigh In
SNX has been the subject of several recent research reports. Barclays boosted their price target on TD SYNNEX from $278.00 to $287.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 8th. Zacks Research downgraded TD SYNNEX from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Royal Bank Of Canada set a $340.00 target price on shares of TD SYNNEX in a research report on Friday, June 26th. UBS Group upped their price target on shares of TD SYNNEX from $310.00 to $352.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of TD SYNNEX in a research note on Monday, September 14th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $291.22.
View Our Latest Analysis on TD SYNNEX
TD SYNNEX Trading Up 1.7%
TD SYNNEX (NYSE:SNX – Get Free Report) last announced its quarterly earnings data on Thursday, June 25th. The business services provider reported $4.85 earnings per share for the quarter, beating the consensus estimate of $4.14 by $0.71. The firm had revenue of $19.57 billion during the quarter, compared to analysts’ expectations of $16.80 billion. TD SYNNEX had a return on equity of 15.37% and a net margin of 1.63%.The company’s quarterly revenue was up 31.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.99 EPS. On average, research analysts anticipate that TD SYNNEX will post 18.16 EPS for the current fiscal year.
Insider Transactions at TD SYNNEX
In other news, Director Ann F. Vezina sold 1,273 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 5,828 shares in the company, valued at approximately $1,492,259.40. The trade was a 17.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard T. 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 sale, the director directly owned 18,537 shares of the company’s stock, valued at approximately $4,503,934.89. This trade represents 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 ninety days, insiders sold 11,273 shares of company stock valued at $2,851,852. 0.70% of the stock is owned by insiders.
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.
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