Zacks Research Forecasts TD SYNNEX’s Q3 Earnings (NYSE:SNX)

TD SYNNEX Corporation (NYSE:SNX) – Analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for TD SYNNEX in a note issued to investors on Thursday, July 16th. Zacks Research analyst Team now expects that the business services provider will earn $4.40 per share for the quarter, up from their prior forecast of $3.26. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for TD SYNNEX’s current full-year earnings is $18.01 per share. Zacks Research also issued estimates for TD SYNNEX’s Q4 2026 earnings at $4.37 EPS, FY2026 earnings at $17.96 EPS, Q1 2027 earnings at $4.83 EPS, Q2 2027 earnings at $5.18 EPS, Q3 2027 earnings at $5.16 EPS, Q4 2027 earnings at $5.37 EPS, FY2027 earnings at $20.53 EPS, Q1 2028 earnings at $5.91 EPS, Q2 2028 earnings at $6.38 EPS and FY2028 earnings at $26.10 EPS.

SNX has been the subject of several other research reports. UBS Group raised their price objective on shares of TD SYNNEX from $310.00 to $352.00 and gave the company a “buy” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. raised shares of TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 target price for the company in a research note on Wednesday, May 27th. The Goldman Sachs Group set a $330.00 target price on shares of TD SYNNEX in a report on Friday, June 26th. Weiss Ratings lowered shares of TD SYNNEX from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 17th. Finally, Morgan Stanley upped their price target on TD SYNNEX from $341.00 to $374.00 and gave the company an “overweight” rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $294.67.

TD SYNNEX Price Performance

NYSE:SNX opened at $247.94 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 1.20 and a debt-to-equity ratio of 0.40. The business’s 50-day moving average price is $258.43 and its 200 day moving average price is $205.35. TD SYNNEX has a 52-week low of $139.23 and a 52-week high of $296.47. The firm has a market cap of $19.83 billion, a P/E ratio of 17.75, a PEG ratio of 0.71 and a beta of 1.43.

TD SYNNEX (NYSE:SNX) last posted its quarterly earnings data on Thursday, June 25th. The business services provider reported $4.85 EPS for the quarter, topping analysts’ consensus estimates of $4.14 by $0.71. The company had revenue of $19.57 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $2.99 EPS. TD SYNNEX has set its Q3 2026 guidance at 4.250-4.750 EPS.

TD SYNNEX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. TD SYNNEX’s dividend payout ratio is currently 13.74%.

Insider Activity at TD SYNNEX

In other news, Director Richard T. Hume sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $242.97, for a total transaction of $1,214,850.00. Following the sale, the director owned 18,537 shares in the company, valued at $4,503,934.89. The trade was a 21.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,000 shares of company stock valued at $4,933,700 in the last ninety days. Company insiders own 0.70% of the company’s stock.

Institutional Trading of TD SYNNEX

Large investors have recently added to or reduced their stakes in the company. Intech Investment Management LLC increased its stake in shares of TD SYNNEX by 38.4% during the 4th quarter. Intech Investment Management LLC now owns 21,578 shares of the business services provider’s stock worth $3,242,000 after purchasing an additional 5,982 shares during the last quarter. R Squared Ltd acquired a new stake in shares of TD SYNNEX in the 4th quarter valued at $1,507,000. CWM LLC lifted its stake in shares of TD SYNNEX by 474.0% in the 4th quarter. CWM LLC now owns 7,095 shares of the business services provider’s stock valued at $1,066,000 after purchasing an additional 5,859 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in TD SYNNEX by 44.6% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 67,521 shares of the business services provider’s stock worth $10,186,000 after purchasing an additional 20,815 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its position in TD SYNNEX by 138.6% during the fourth quarter. Teacher Retirement System of Texas now owns 59,168 shares of the business services provider’s stock worth $8,889,000 after buying an additional 34,374 shares during the last quarter. 84.00% of the stock is owned by institutional investors and hedge funds.

TD SYNNEX News Roundup

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

• Positive Sentiment: Zacks Research raised its EPS estimates for TD SYNNEX across FY2026, FY2027, and FY2028, signaling stronger expected profitability and supporting the stock’s outlook.
• Positive Sentiment: The biggest upgrade came in FY2028, where Zacks now sees $26.10 EPS versus a prior estimate of $17.40, a notable jump that suggests much stronger long-term earnings power.
• Positive Sentiment: Nearer-term estimates were also raised, including Q3 2026 EPS to $4.40, Q4 2026 EPS to $4.37, and FY2026 EPS to $17.96, indicating improving fundamentals over the next several quarters.
• Positive Sentiment: Zacks also boosted its forecasts for FY2027 EPS to $20.53 and multiple quarterly estimates in 2027–2028, reinforcing the view that earnings momentum could remain strong. TD SYNNEX stock page

About TD SYNNEX

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.