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

TD SYNNEX (NYSE:SNX) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 5.650-6.150 for the period, compared to the consensus EPS 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

Several analysts have recently issued reports on SNX shares. The Goldman Sachs Group set a $330.00 target price on shares of TD SYNNEX in a research note on Friday, June 26th. UBS Group boosted their price target on shares of TD SYNNEX from $352.00 to $379.00 and gave the stock a “buy” rating in a report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TD SYNNEX in a research report on Monday, September 14th. Barclays increased their price objective on shares of TD SYNNEX from $278.00 to $287.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 8th. Finally, Royal Bank Of Canada set a $340.00 target price on TD SYNNEX in a research note on Friday, June 26th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $331.14.

TD SYNNEX Trading Up 1.3%

Shares of TD SYNNEX stock opened at $262.84 on Friday. The firm has a market cap of $21.02 billion, a PE ratio of 16.02, a P/E/G ratio of 0.72 and a beta of 1.43. TD SYNNEX has a 1 year low of $142.22 and a 1 year high of $298.77. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.19 and a quick ratio of 0.64. The stock has a fifty day moving average price of $257.35 and a 200-day moving average price of $237.39.

TD SYNNEX (NYSE:SNX) last issued its quarterly earnings results on Thursday, September 24th. The business services provider reported $5.68 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.98. The company had revenue of $21.56 billion for the quarter, compared to the consensus estimate of $18.91 billion. TD SYNNEX had a net margin of 1.75% and a return on equity of 16.78%. The firm’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.58 EPS. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. Equities research analysts anticipate that TD SYNNEX will post 18.16 EPS for the current year.

TD SYNNEX Announces Dividend

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

Insider Activity at TD SYNNEX

In other TD SYNNEX news, Director Richard T. Hume sold 5,000 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $262.21, for a total transaction of $1,311,050.00. Following the completion of the transaction, the director directly owned 13,537 shares of the company’s stock, valued at approximately $3,549,536.77. This represents a 26.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ann F. Vezina sold 1,273 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $256.05, for a total value of $325,951.65. Following the completion of the sale, the director directly owned 5,828 shares of the company’s stock, valued at $1,492,259.40. This represents a 17.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,273 shares of company stock valued at $2,851,852. 0.70% of the stock is currently owned by company insiders.

TD SYNNEX News Roundup

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

• Positive Sentiment: Fiscal Q3 EPS was $5.68, well above the roughly $4.70 consensus, while revenue rose 37.7% year over year to $21.56 billion, also exceeding expectations. Growth was led by the core Distribution business and Hyve Solutions. TD SYNNEX Q3 Earnings Beat Estimates on Distribution and Hyve Strength
• Positive Sentiment: Management issued substantially stronger-than-expected fourth-quarter guidance: adjusted EPS of $5.65-$6.15 versus the $4.80 consensus and revenue of $21.8-$22.6 billion versus estimates of $19.4 billion. TD Synnex Analysts Boost Their Forecasts After Q3 Results
• Positive Sentiment: Analysts raised their forecasts following the results, while management said AI infrastructure demand is accelerating as Hyve expands. Record billings and continued data-center demand support the growth outlook. SNX Q3 Earnings Call Highlights AI Infrastructure Momentum
• Neutral Sentiment: TD SYNNEX declared a quarterly dividend of $0.48 per share, or $1.92 annualized. The payout provides modest shareholder income but is unlikely to be the primary driver of the stock’s near-term performance.
• Negative Sentiment: The main concern is cash generation: rapid AI-related expansion consumed nearly $1 billion in free cash flow during the quarter. Higher inventory and working-capital needs, along with margin pressure in Hyve, prompted some investors to question the quality and sustainability of the growth. TD SYNNEX Burned Nearly $1 Billion in Cash
• Negative Sentiment: Reported insider-trading data showed selling rather than buying by several executives over the past six months, which may add a modest sentiment headwind, although it is less significant than the earnings and cash-flow issues. SYNNEX Releases Q3 2026 Earnings

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.