TD SYNNEX (SNX) Stock Forecast, Price Target & Predictions
SNX Stock Forecast
TD SYNNEX stock forecast is as follows: an average price target of $142.50 (represents a 22.68% upside from SNX’s last price of $116.16) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
SNX Price Target
The average price target for TD SYNNEX (SNX) is $142.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $130.00. This represents a potential 22.68% upside from SNX's last price of $116.16.
SNX Analyst Ratings
According to 9 Wall Street analysts, TD SYNNEX's rating consensus is 'Hold'. The analyst rating breakdown for SNX stock is 1 'Strong Buy' (11.11%), 3 'Buy' (33.33%), 5 'Hold' (55.56%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TD SYNNEX Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 15, 2024 | Ashish Sabadra | RBC Capital | $140.00 | $115.09 | 21.64% | 20.52% |
| Jun 26, 2024 | David Vogt | UBS | $150.00 | $116.12 | 29.18% | 29.13% |
| Jun 11, 2024 | Ashish Sabadra | RBC Capital | $135.00 | $130.61 | 3.36% | 16.22% |
| Apr 16, 2024 | David Vogt | UBS | $145.00 | $111.70 | 29.81% | 24.83% |
| Apr 04, 2024 | Ananda Baruah | Loop Capital Markets | $150.00 | $118.23 | 26.87% | 29.13% |
| Mar 27, 2024 | - | RBC Capital | $118.00 | $113.69 | 3.79% | 1.58% |
| Mar 26, 2024 | Matthew Sheerin | Stifel Nicolaus | $130.00 | $112.27 | 15.79% | 11.91% |
| Mar 22, 2024 | David Vogt | UBS | $105.00 | $105.01 | -0.01% | -9.61% |
| Mar 22, 2024 | Ashish Sabadra | RBC Capital | $110.00 | $105.01 | 4.75% | -5.30% |
| Sep 19, 2023 | Matthew Sheerin | Stifel Nicolaus | $120.00 | $102.05 | 17.60% | 3.31% |
The latest TD SYNNEX stock forecast, released on Jul 15, 2024 by Ashish Sabadra from RBC Capital, set a price target of $140.00, which represents a 21.64% increase from the stock price at the time of the forecast ($115.09), and a 20.52% increase from SNX last price ($116.16).
TD SYNNEX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 10 |
| Avg Price Target | - | $145.00 | $130.30 |
| Last Closing Price | $116.16 | $116.16 | $116.16 |
| Upside/Downside | -100.00% | 24.83% | 12.17% |
In the current month, the average price target of TD SYNNEX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TD SYNNEX's last price of $116.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 15, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| Jul 15, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jul 15, 2024 | RBC Capital | Underperform | Outperform | Upgrade |
| Jun 27, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jun 26, 2024 | UBS | Buy | Buy | Hold |
| Jun 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 25, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Jun 11, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 11, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| Jun 11, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
TD SYNNEX's last stock rating was published by UBS on Jul 15, 2024. The company gave SNX a "Sector Perform" rating, the same as its previous rate.
TD SYNNEX Financial Forecast
TD SYNNEX Revenue Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.96B | $14.06B | - | - | $15.36B | $15.27B | - | $15.61B | $5.21B | $5.86B | - | $7.41B | $6.46B | $5.53B | - | $6.58B | $6.20B |
| Avg Forecast | $17.03B | $15.67B | $15.65B | $15.58B | $15.98B | $14.80B | $14.77B | $14.80B | $15.22B | $14.14B | $14.10B | $14.36B | $14.48B | $14.11B | $14.42B | $15.72B | $15.79B | $5.53B | $5.46B | $15.26B | $15.52B | $6.77B | $4.96B | $4.72B | $6.57B | $5.70B | $5.17B | $5.32B | $5.99B | $5.69B |
| High Forecast | $17.03B | $15.67B | $15.65B | $15.58B | $15.98B | $14.80B | $14.77B | $14.80B | $15.22B | $14.19B | $14.10B | $14.36B | $14.61B | $14.11B | $14.42B | $15.72B | $15.79B | $6.64B | $6.55B | $15.66B | $15.93B | $6.94B | $5.09B | $4.84B | $6.74B | $5.85B | $5.31B | $5.46B | $6.15B | $5.84B |
| Low Forecast | $17.03B | $15.67B | $15.65B | $15.58B | $15.98B | $14.80B | $14.77B | $14.80B | $15.22B | $14.12B | $14.10B | $14.36B | $14.45B | $14.11B | $14.42B | $15.72B | $15.79B | $4.43B | $4.37B | $14.86B | $15.12B | $6.59B | $4.83B | $4.59B | $6.40B | $5.55B | $5.04B | $5.18B | $5.84B | $5.55B |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 3 | 7 | 4 | 5 | 8 | 7 | 17 | 19 | 2 | 3 | 3 | 11 | 16 | 12 | 8 | 8 | 13 | 7 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.97% | - | - | 2.77% | 2.80% | - | 1.01% | 0.77% | 1.18% | - | 1.13% | 1.13% | 1.07% | - | 1.10% | 1.09% |
TD SYNNEX's average Quarter revenue forecast for Dec 23 based on 7 analysts is $14.48B, with a low forecast of $14.45B, and a high forecast of $14.61B. SNX's average Quarter revenue forecast represents a 3.76% increase compared to the company's last Quarter revenue of $13.96B (Aug 23).
TD SYNNEX EBITDA Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 3 | 7 | 4 | 5 | 8 | 7 | 17 | 19 | 2 | 3 | 3 | 11 | 16 | 12 | 8 | 8 | 13 | 7 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $309.45M | $285.55M | - | - | $286.10M | $278.96M | - | $288.63M | $168.29M | $163.03M | - | $59.00M | $292.84M | $195.52M | - | $369.60M | $299.32M |
| Avg Forecast | $516.64M | $475.53M | $474.77M | $472.75M | $484.79M | $449.12M | $448.16M | $448.95M | $461.72M | $429.15M | $427.73M | $402.46M | $439.47M | $427.96M | $437.64M | $365.87M | $479.13M | $178.86M | $160.51M | $332.61M | $268.09M | $162.60M | $145.92M | $137.56M | $39.63M | $169.62M | $770.13M | $261.65M | $303.05M | $253.27M |
| High Forecast | $516.64M | $475.53M | $474.77M | $472.75M | $484.79M | $449.12M | $448.16M | $448.95M | $461.72M | $430.37M | $427.73M | $482.95M | $443.39M | $427.96M | $437.64M | $439.05M | $479.13M | $214.64M | $192.61M | $399.13M | $321.71M | $195.12M | $175.10M | $165.08M | $47.56M | $203.54M | $924.16M | $313.98M | $363.66M | $303.93M |
| Low Forecast | $516.64M | $475.53M | $474.77M | $472.75M | $484.79M | $449.12M | $448.16M | $448.95M | $461.72M | $428.54M | $427.73M | $321.97M | $438.26M | $427.96M | $437.64M | $292.70M | $479.13M | $143.09M | $128.41M | $266.09M | $214.47M | $130.08M | $116.73M | $110.05M | $31.71M | $135.69M | $616.11M | $209.32M | $242.44M | $202.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 0.65% | - | - | 1.60% | 1.74% | - | 1.08% | 1.04% | 1.12% | - | 1.49% | 1.73% | 0.25% | - | 1.22% | 1.18% |
7 analysts predict SNX's average Quarter EBITDA for Dec 23 to be $439.47M, with a high of $443.39M and a low of $438.26M. This is 42.02% upper than TD SYNNEX's previous annual EBITDA (Aug 23) of $309.45M.
TD SYNNEX Net Income Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 3 | 7 | 4 | 5 | 8 | 7 | 17 | 19 | 2 | 3 | 3 | 11 | 16 | 12 | 8 | 8 | 13 | 7 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $139.26M | $133.09M | - | - | $148.84M | $148.92M | - | $119.44M | $94.70M | $93.10M | - | $564.92M | $134.46M | $56.96M | - | $176.00M | $123.13M |
| Avg Forecast | $346.43M | $306.77M | $309.22M | $318.51M | $305.10M | $276.60M | $269.62M | $270.95M | $277.41M | $240.70M | $242.19M | $142.52M | $229.58M | $211.88M | $218.57M | $129.56M | $251.19M | $100.65M | $91.66M | $117.78M | $110.94M | $91.50M | $83.33M | $77.43M | $144.54M | $77.88M | $224.36M | $116.26M | $144.31M | $104.19M |
| High Forecast | $346.43M | $306.77M | $309.22M | $318.51M | $305.10M | $276.60M | $269.62M | $270.95M | $277.41M | $240.70M | $242.19M | $171.02M | $237.26M | $211.88M | $218.57M | $155.47M | $251.19M | $120.78M | $109.99M | $141.34M | $133.13M | $109.80M | $99.99M | $92.91M | $173.45M | $93.46M | $269.24M | $139.51M | $173.17M | $125.03M |
| Low Forecast | $346.43M | $306.77M | $309.22M | $318.51M | $305.10M | $276.60M | $269.62M | $270.95M | $277.41M | $239.84M | $242.19M | $114.01M | $226.17M | $211.88M | $218.57M | $103.65M | $251.19M | $80.52M | $73.33M | $94.23M | $88.75M | $73.20M | $66.66M | $61.94M | $115.63M | $62.31M | $179.49M | $93.01M | $115.45M | $83.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.61% | - | - | 1.48% | 1.62% | - | 1.08% | 1.04% | 1.12% | - | 3.91% | 1.73% | 0.25% | - | 1.22% | 1.18% |
TD SYNNEX's average Quarter net income forecast for Dec 23 is $229.58M, with a range of $226.17M to $237.26M. SNX's average Quarter net income forecast represents a 64.86% increase compared to the company's last Quarter net income of $139.26M (Aug 23).
TD SYNNEX SG&A Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 3 | 7 | 4 | 5 | 8 | 7 | 17 | 19 | 2 | 3 | 3 | 11 | 16 | 12 | 8 | 8 | 13 | 7 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $659.45M | $673.70M | - | - | $628.08M | $670.57M | - | $645.65M | $164.42M | $181.27M | - | $502.77M | $498.96M | $506.09M | - | $526.25M | $517.13M |
| Avg Forecast | $839.42M | $772.62M | $771.39M | $768.10M | $787.67M | $729.72M | $728.14M | $729.43M | $750.18M | $697.27M | $694.96M | $703.14M | $714.02M | $695.33M | $711.06M | $639.22M | $778.48M | $174.74M | $178.47M | $581.11M | $599.71M | $158.86M | $162.25M | $143.55M | $337.76M | $289.00M | $1.99B | $483.38M | $431.50M | $437.58M |
| High Forecast | $839.42M | $772.62M | $771.39M | $768.10M | $787.67M | $729.72M | $728.14M | $729.43M | $750.18M | $699.24M | $694.96M | $843.77M | $720.41M | $695.33M | $711.06M | $767.06M | $778.48M | $209.69M | $214.16M | $697.33M | $719.65M | $190.63M | $194.69M | $172.26M | $405.31M | $346.80M | $2.39B | $580.06M | $517.80M | $525.09M |
| Low Forecast | $839.42M | $772.62M | $771.39M | $768.10M | $787.67M | $729.72M | $728.14M | $729.43M | $750.18M | $696.28M | $694.96M | $562.51M | $712.06M | $695.33M | $711.06M | $511.38M | $778.48M | $139.80M | $142.78M | $464.89M | $479.77M | $127.09M | $129.80M | $114.84M | $270.21M | $231.20M | $1.59B | $386.71M | $345.20M | $350.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.95% | - | - | 3.59% | 3.76% | - | 1.08% | 1.04% | 1.12% | - | 1.49% | 1.73% | 0.25% | - | 1.22% | 1.18% |
TD SYNNEX's average Quarter SG&A projection for Dec 23 is $714.02M, based on 7 Wall Street analysts, with a range of $712.06M to $720.41M. The forecast indicates a 8.28% rise compared to SNX last annual SG&A of $659.45M (Aug 23).
TD SYNNEX EPS Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 3 | 7 | 4 | 5 | 8 | 7 | 17 | 19 | 2 | 3 | 3 | 11 | 16 | 12 | 8 | 8 | 13 | 7 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.49 | $1.41 | - | - | $1.55 | $1.55 | - | $1.25 | $1.82 | $1.79 | - | $11.07 | $2.61 | $1.11 | - | $3.44 | $2.41 |
| Avg Forecast | $4.03 | $3.57 | $3.60 | $3.71 | $3.55 | $3.22 | $3.14 | $3.16 | $3.23 | $2.80 | $2.82 | $2.84 | $2.67 | $2.47 | $2.55 | $2.85 | $2.93 | $1.27 | $1.15 | $2.73 | $2.68 | $2.03 | $1.93 | $1.69 | $1.92 | $1.13 | $-0.38 | $1.53 | $1.81 | $1.43 |
| High Forecast | $4.03 | $3.57 | $3.60 | $3.71 | $3.55 | $3.22 | $3.14 | $3.16 | $3.23 | $2.80 | $2.82 | $2.84 | $2.76 | $2.47 | $2.55 | $2.85 | $2.93 | $1.27 | $1.17 | $2.83 | $2.78 | $2.10 | $2.00 | $1.75 | $1.99 | $1.17 | $-0.37 | $1.59 | $1.87 | $1.48 |
| Low Forecast | $4.03 | $3.57 | $3.60 | $3.71 | $3.55 | $3.22 | $3.14 | $3.16 | $3.23 | $2.79 | $2.82 | $2.84 | $2.63 | $2.47 | $2.55 | $2.85 | $2.93 | $1.27 | $1.14 | $2.64 | $2.59 | $1.97 | $1.87 | $1.64 | $1.86 | $1.10 | $-0.40 | $1.48 | $1.75 | $1.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.55% | - | - | 1.22% | 1.34% | - | 0.47% | 0.89% | 0.93% | - | 5.76% | 2.30% | -2.89% | - | 1.90% | 1.68% |
According to 7 Wall Street analysts, TD SYNNEX's projected average Quarter EPS for Dec 23 is $2.67, with a low estimate of $2.63 and a high estimate of $2.76. This represents a 79.44% increase compared to SNX previous annual EPS of $1.49 (Aug 23).
SNX Forecast FAQ
Is TD SYNNEX a good buy?
No, according to 9 Wall Street analysts, TD SYNNEX (SNX) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 44.44% of SNX's total ratings.
What is SNX's price target?
TD SYNNEX (SNX) average price target is $142.5 with a range of $130 to $150, implying a 22.68% from its last price of $116.16. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TD SYNNEX stock go up soon?
According to Wall Street analysts' prediction for SNX stock, the company can go up by 22.68% (from the last price of $116.16 to the average price target of $142.5), up by 29.13% based on the highest stock price target, and up by 11.91% based on the lowest stock price target.
Can TD SYNNEX stock reach $200?
SNX's average twelve months analyst stock price target of $142.5 does not support the claim that TD SYNNEX can reach $200 in the near future.
Did the SNX's actual financial results beat the analysts' financial forecasts?
Based on TD SYNNEX's last annual report (Nov 2021), the company's revenue was $31.61B, which missed the average analysts forecast of $31.97B by -1.10%. Apple's EBITDA was $736.47M, beating the average prediction of $714.18M by 3.12%. The company's net income was $395.07M, beating the average estimation of $363.2M by 8.77%. Apple's SG&A was $1.15B, beating the average forecast of $1.06B by 8.44%. Lastly, the company's EPS was $6.28, missing the average prediction of $8.35 by -24.77%. In terms of the last quarterly report (Aug 2023), TD SYNNEX's revenue was $13.96B, missing the average analysts' forecast of $14.11B by -1.03%. The company's EBITDA was $309.45M, missing the average prediction of $427.96M by -27.69%. TD SYNNEX's net income was $139.26M, missing the average estimation of $211.88M by -34.27%. The company's SG&A was $659.45M, missing the average forecast of $695.33M by -5.16%. Lastly, the company's EPS was $1.49, missing the average prediction of $2.47 by -39.61%