The Goldman Sachs Group Forecasts Strong Price Appreciation for TD SYNNEX (NYSE:SNX) Stock

TD SYNNEX (NYSE:SNX) had its price target boosted by stock 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 presently has a “buy” rating on the business services provider’s stock. The Goldman Sachs Group’s target price points to a potential upside of 10.25% from the company’s current price.

SNX has been the subject of a number of other research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of TD SYNNEX in a research note on Wednesday, January 21st. Morgan Stanley upped their target price on shares of TD SYNNEX from $172.00 to $174.00 and gave the company an “overweight” rating in a report on Friday, March 20th. JPMorgan Chase & Co. lifted their price target on TD SYNNEX from $175.00 to $185.00 and gave the stock a “neutral” rating in a report on Wednesday. Wall Street Zen upgraded TD SYNNEX from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Barrington Research reissued an “outperform” rating and set a $182.00 target price on shares of TD SYNNEX in a report on Friday, March 27th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, TD SYNNEX presently has an average rating of “Moderate Buy” and an average target price of $183.00.

TD SYNNEX Stock Down 0.2%

Shares of NYSE:SNX traded down $0.35 during midday trading on Thursday, reaching $185.94. The company had a trading volume of 599,432 shares, compared to its average volume of 787,087. TD SYNNEX has a 1-year low of $92.23 and a 1-year high of $191.79. The stock has a market cap of $14.99 billion, a PE ratio of 15.45, a P/E/G ratio of 1.21 and a beta of 1.22. The company has a quick ratio of 0.75, a current ratio of 1.22 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average price is $159.91 and its 200 day moving average price is $155.50.

TD SYNNEX (NYSE:SNX) last issued its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.73 EPS for the quarter, beating the consensus estimate of $3.24 by $1.49. The firm had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $15.59 billion. TD SYNNEX had a return on equity of 14.03% and a net margin of 1.52%.The business’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 earnings per share. Research analysts forecast that TD SYNNEX will post 11.88 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Patrick Zammit sold 13,900 shares of TD SYNNEX stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $171.57, for a total value of $2,384,823.00. Following the completion of the sale, the chief executive officer directly owned 170,928 shares in the company, valued at approximately $29,326,116.96. The trade was a 7.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Merline Saintil sold 167 shares of TD SYNNEX stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $157.75, for a total value of $26,344.25. Following the completion of the transaction, the director directly owned 6,995 shares of the company’s stock, valued at $1,103,461.25. This represents a 2.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 80,915 shares of company stock worth $13,111,786 in the last quarter. 0.70% of the stock is currently owned by corporate insiders.

Institutional Trading of TD SYNNEX

A number of institutional investors and hedge funds have recently made changes to their positions in SNX. Dorato Capital Management bought a new position in TD SYNNEX in the fourth quarter valued at approximately $27,000. Ossiam boosted its stake in shares of TD SYNNEX by 84.3% in the 3rd quarter. Ossiam now owns 164 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of TD SYNNEX during the 4th quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of TD SYNNEX during the 3rd quarter valued at approximately $30,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in TD SYNNEX in the fourth quarter valued at approximately $32,000. Institutional investors 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.