TD SYNNEX (NYSE:SNX) Releases Q4 2026 Earnings Guidance

TD SYNNEX (NYSE:SNX) updated its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) 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 Analysts Forecast Growth

A number of research firms have issued reports on SNX. UBS Group boosted their target price on TD SYNNEX from $310.00 to $352.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Barrington Research lifted their price objective on TD SYNNEX from $202.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, June 26th. The Goldman Sachs Group set a $330.00 price objective on TD SYNNEX in a research report on Friday, June 26th. Morgan Stanley dropped their target price on shares of TD SYNNEX from $374.00 to $334.00 and set an “overweight” rating on the stock in a report on Tuesday, September 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of TD SYNNEX in a research note on Monday, September 14th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $305.75.

TD SYNNEX Stock Down 9.8%

TD SYNNEX stock opened at $259.58 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.64 and a debt-to-equity ratio of 0.40. TD SYNNEX has a 1-year low of $142.22 and a 1-year high of $298.77. The company has a fifty day simple moving average of $256.95 and a 200 day simple moving average of $237.22. The company has a market cap of $20.76 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 0.79 and a beta of 1.43.

TD SYNNEX (NYSE:SNX) last issued its quarterly earnings results on Thursday, September 24th. The business services provider reported $5.68 EPS for the quarter, topping the consensus estimate of $4.70 by $0.98. TD SYNNEX had a net margin of 1.63% and a return on equity of 15.37%. The firm had revenue of $21.56 billion for the quarter, compared to analysts’ expectations of $18.91 billion. During the same period in the previous year, the firm posted $3.58 EPS. The company’s revenue for the quarter was up 37.7% on a year-over-year basis. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. Research analysts anticipate that TD SYNNEX will post 18.16 earnings per share for the current fiscal year.

TD SYNNEX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, October 16th. TD SYNNEX’s dividend payout ratio (DPR) is currently 13.74%.

Insider Buying and Selling at TD SYNNEX

In other news, Director Ann F. Vezina sold 1,273 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $256.05, for a total transaction of $325,951.65. Following the sale, the director directly owned 5,828 shares of the company’s stock, valued at approximately $1,492,259.40. This represents a 17.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 transaction, the director owned 18,537 shares of the company’s stock, valued at approximately $4,503,934.89. This represents a 21.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,273 shares of company stock valued at $2,851,852 over the last three months. 0.70% of the stock is owned by company insiders.

Trending Headlines about TD SYNNEX

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

• Positive Sentiment: TD SYNNEX reported third-quarter EPS of $5.68, well above the roughly $4.70 consensus, while revenue rose 37.7% year over year to $21.56 billion, exceeding expectations. TD SYNNEX Q3 earnings report
• Positive Sentiment: Management issued fourth-quarter guidance above Wall Street forecasts, calling for EPS of $5.65 to $6.15 versus an estimated $4.80, and revenue of $21.8 billion to $22.6 billion versus an estimated $19.4 billion. TD SYNNEX results and guidance
• Positive Sentiment: Data-center and AI-related demand remains strong, particularly through Hyve Solutions, and the company said demand is not showing signs of weakening. TD SYNNEX data-center demand article
• Positive Sentiment: The board declared a quarterly dividend of $0.48 per share, or $1.92 annualized, with a yield of approximately 0.7%.
• Neutral Sentiment: TD SYNNEX’s distribution business remains the main earnings contributor, while AI-driven Hyve growth is expanding rapidly but carries lower margins and greater inventory requirements.
• Negative Sentiment: The primary concern was nearly $1 billion of free-cash-flow usage during the quarter. Rapid growth is consuming working capital through higher inventory and receivables, raising questions about cash conversion and execution. TD SYNNEX AI growth and cash flow analysis
• Negative Sentiment: Several reports characterized the reaction as a sell-off despite the earnings and guidance beats, with at least one analyst downgrading the stock because of cash-flow strain. Continued insider selling—70 reported sales and no purchases over the past six months—may also weigh on sentiment.

TD SYNNEX Company Profile

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.