The Goldman Sachs Group Increases TD SYNNEX (NYSE:SNX) Price Target to $205.00

TD SYNNEX (NYSE:SNX) had its price objective raised by research analysts at The Goldman Sachs Group from $180.00 to $205.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. The Goldman Sachs Group’s price objective points to a potential upside of 10.25% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Barclays lifted their target price on shares of TD SYNNEX from $163.00 to $166.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Wall Street Zen upgraded TD SYNNEX from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Royal Bank Of Canada lifted their target price on TD SYNNEX from $180.00 to $210.00 and gave the stock an “outperform” rating in a report on Wednesday. Zacks Research lowered TD SYNNEX from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Finally, UBS Group increased their price target on TD SYNNEX from $187.00 to $193.00 and gave the stock a “buy” rating in a report on Friday, January 9th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, TD SYNNEX currently has an average rating of “Moderate Buy” and a consensus target price of $183.00.

TD SYNNEX Trading Down 0.2%

Shares of NYSE SNX traded down $0.35 during trading on Thursday, reaching $185.94. The company had a trading volume of 599,432 shares, compared to its average volume of 787,087. The stock has a market cap of $14.99 billion, a P/E ratio of 15.45, a PEG ratio of 1.21 and a beta of 1.22. The company’s fifty day moving average price is $159.91 and its 200-day moving average price is $155.50. The company has a quick ratio of 0.75, a current ratio of 1.22 and a debt-to-equity ratio of 0.41. TD SYNNEX has a 12 month low of $92.23 and a 12 month high of $191.79.

TD SYNNEX (NYSE:SNX) last released its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.24 by $1.49. The firm had revenue of $17.16 billion during the quarter, compared to analyst estimates of $15.59 billion. TD SYNNEX had a net margin of 1.52% and a return on equity of 14.03%. The company’s revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.80 EPS. As a group, research analysts expect that TD SYNNEX will post 11.88 earnings per share for the current year.

Insider Activity at TD SYNNEX

In other TD SYNNEX news, Director Richard T. Hume sold 23,365 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $160.63, for a total transaction of $3,753,119.95. Following the completion of the sale, the director owned 42,515 shares in the company, valued at approximately $6,829,184.45. The trade was a 35.47% decrease in their position. The sale 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 transaction, the director owned 6,995 shares in the company, valued at approximately $1,103,461.25. The trade was a 2.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 80,915 shares of company stock valued at $13,111,786. 0.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On TD SYNNEX

A number of hedge funds have recently added to or reduced their stakes in SNX. Parcion Private Wealth LLC raised its position in TD SYNNEX by 0.4% in the 3rd quarter. Parcion Private Wealth LLC now owns 15,189 shares of the business services provider’s stock valued at $2,487,000 after buying an additional 68 shares during the last quarter. Cornerstone Wealth Management LLC increased its position in shares of TD SYNNEX by 3.8% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 1,895 shares of the business services provider’s stock valued at $310,000 after purchasing an additional 69 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its stake in shares of TD SYNNEX by 3.5% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 2,107 shares of the business services provider’s stock worth $317,000 after purchasing an additional 71 shares during the period. Quadrant Capital Group LLC increased its holdings in TD SYNNEX by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 7,588 shares of the business services provider’s stock worth $1,140,000 after buying an additional 73 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in TD SYNNEX by 10.6% in the third quarter. Jones Financial Companies Lllp now owns 775 shares of the business services provider’s stock worth $127,000 after acquiring an additional 74 shares during the period. Institutional investors and hedge funds own 84.00% of the company’s stock.

Key Stories Impacting TD SYNNEX

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

• Positive Sentiment: Q1 beat and upbeat guidance — SNX reported fiscal Q1 revenue of $17.16B (up ~18% Y/Y) and non‑GAAP EPS $4.73, materially ahead of estimates; management tied strength to hyperscaler, AI infrastructure and cloud demand and gave Q2 revenue/EPS guidance that signaled continued momentum. TD SYNNEX jumps after blowout fiscal Q1 results and upbeat outlook
• Positive Sentiment: Hyve is scaling rapidly — Hyve now drives ~27% of EBIT, delivered strong revenue growth and added three new U.S. hyperscaler customers, lowering concentration risk and positioning further growth into FY27. This structural growth likely improves margin mix and investor confidence. TD Synnex: Expecting EPS Growth To Remain Very Strong
• Positive Sentiment: Analyst upgrade with higher price target — RBC raised its target to $210 and maintained an outperform view, giving the stock additional buy-side momentum and signaling analyst conviction in SNX’s growth path. Benzinga
• Neutral Sentiment: Mixed analyst moves — JPMorgan raised its target to $185 but stayed neutral; Barclays nudged its target to $166 with an equal‑weight stance. These changes tighten the range of analyst expectations and reflect differing views on upside. Benzinga TickerReport
• Neutral Sentiment: Dividend declared — SNX declared a quarterly dividend of $0.48 (record April 15, payable April 29), supporting income investors but not changing the growth thesis materially. (Company press release / filings)
• Negative Sentiment: Insider and institutional trimming — Reports show extensive insider sales over recent months (many executives selling) and large institutional reductions by several funds in Q4 2025, which could weigh on sentiment if selling persists. QuiverQuant

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.