TD SYNNEX (SNX) Stock Forecast, Price Target & Predictions
SNX Stock Forecast
TD SYNNEX stock forecast is as follows: an average price target of $138.00 (represents a 18.05% upside from SNX’s last price of $116.90) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
SNX Price Target
The average price target for TD SYNNEX (SNX) is $138.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $118.00. This represents a potential 18.05% upside from SNX's last price of $116.90.
SNX Analyst Ratings
According to 10 Wall Street analysts, TD SYNNEX's rating consensus is 'Buy'. The analyst rating breakdown for SNX stock is 1 'Strong Buy' (10.00%), 5 'Buy' (50.00%), 4 'Hold' (40.00%), 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 |
|---|---|---|---|---|---|---|
| Sep 27, 2024 | Michael Ng | Goldman Sachs | $144.00 | $119.67 | 20.33% | 23.18% |
| Sep 26, 2024 | Tim Long | Barclays | $118.00 | $117.29 | 0.61% | 0.94% |
| Sep 26, 2024 | Vincent Colicchio | Barrington | $138.00 | $117.29 | 17.66% | 18.05% |
| Jul 15, 2024 | Ashish Sabadra | RBC Capital | $140.00 | $115.09 | 21.64% | 19.76% |
| Jun 26, 2024 | David Vogt | UBS | $150.00 | $116.12 | 29.18% | 28.31% |
| Jun 11, 2024 | Ashish Sabadra | RBC Capital | $135.00 | $130.61 | 3.36% | 15.48% |
| Apr 16, 2024 | David Vogt | UBS | $145.00 | $111.70 | 29.81% | 24.04% |
| Apr 04, 2024 | Ananda Baruah | Loop Capital Markets | $150.00 | $118.23 | 26.87% | 28.31% |
| Mar 27, 2024 | RBC Capital | $118.00 | $113.69 | 3.79% | 0.94% | |
| Mar 26, 2024 | Matthew Sheerin | Stifel Nicolaus | $130.00 | $112.27 | 15.79% | 11.21% |
| Mar 22, 2024 | Ashish Sabadra | RBC Capital | $110.00 | $105.01 | 4.75% | -5.90% |
| Mar 22, 2024 | David Vogt | UBS | $105.00 | $105.01 | -0.01% | -10.18% |
| Sep 19, 2023 | Matthew Sheerin | Stifel Nicolaus | $120.00 | $102.05 | 17.60% | 2.65% |
The latest TD SYNNEX stock forecast, released on Sep 27, 2024 by Michael Ng from Goldman Sachs, set a price target of $144.00, which represents a 20.33% increase from the stock price at the time of the forecast ($119.67), and a 23.18% increase from SNX last price ($116.90).
TD SYNNEX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 12 |
| Avg Price Target | - | $133.33 | $131.92 |
| Last Closing Price | $116.90 | $116.90 | $116.90 |
| Upside/Downside | -100.00% | 14.05% | 12.85% |
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 $116.90. 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 |
|---|---|---|---|---|
| Oct 07, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Sep 27, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 26, 2024 | RBC Capital | Underperform | Outperform | Upgrade |
| Sep 26, 2024 | UBS | Buy | Buy | Hold |
| Sep 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 23, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| 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 |
| Apr 16, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| Apr 15, 2024 | UBS | Neutral | Buy | Upgrade |
| Apr 04, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Apr 01, 2024 | Jefferies | Neutral | Neutral | Hold |
| Mar 22, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Mar 22, 2024 | UBS | Neutral | Initialise | |
| Mar 22, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Mar 22, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 19, 2023 | CFRA | Hold | Hold | Hold |
| Jun 28, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 28, 2023 | Credit Suisse | Neutral | Neutral | Hold |
| Jun 28, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
| Jan 11, 2023 | Credit Suisse | Neutral | Neutral | Hold |
| Sep 27, 2022 | Credit Suisse | Neutral | Neutral | Hold |
TD SYNNEX's last stock rating was published by Loop Capital Markets on Oct 07, 2024. The company gave SNX a "Buy" 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 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.96B | $14.06B | - | - | $15.36B | $15.27B | - | - | $5.21B | $5.86B | - | - | $6.46B | $5.53B | - | - | $6.20B |
| Avg Forecast | $16.98B | $16.44B | $15.56B | $15.39B | $16.17B | $15.49B | $14.80B | $14.81B | $15.25B | $14.11B | $14.10B | $14.36B | $14.48B | $14.11B | $14.42B | $15.72B | $14.31B | $15.03B | $15.25B | $15.26B | $15.52B | $6.77B | $4.96B | $4.72B | $6.57B | $5.70B | $5.17B | $5.32B | $5.99B | $5.69B |
| High Forecast | $17.16B | $16.62B | $15.72B | $15.56B | $16.35B | $15.66B | $14.96B | $14.95B | $15.27B | $14.13B | $14.10B | $14.36B | $14.61B | $14.26B | $14.58B | $15.89B | $17.17B | $15.14B | $15.36B | $15.37B | $15.63B | $6.82B | $5.00B | $4.75B | $6.62B | $5.74B | $5.21B | $5.36B | $6.03B | $5.73B |
| Low Forecast | $16.64B | $16.11B | $15.25B | $15.09B | $15.85B | $15.18B | $14.51B | $14.64B | $15.22B | $14.10B | $14.10B | $14.36B | $14.45B | $13.83B | $14.14B | $15.41B | $11.45B | $14.92B | $15.14B | $15.15B | $15.42B | $6.72B | $4.93B | $4.68B | $6.53B | $5.66B | $5.14B | $5.28B | $5.95B | $5.65B |
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 3 | 3 | 7 | 4 | 10 | 10 | 20 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 6 | 6 | 6 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.97% | - | - | 1.02% | 1.00% | - | - | 0.77% | 1.18% | - | - | 1.13% | 1.07% | - | - | 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 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 3 | 3 | 7 | 4 | 10 | 10 | 20 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 6 | 6 | 6 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $309.45M | $285.55M | - | - | $286.10M | $278.96M | - | - | $168.29M | $163.03M | - | - | $292.84M | $195.52M | - | - | $299.32M |
| Avg Forecast | $522.13M | $505.56M | $478.44M | $473.37M | $497.42M | $476.36M | $455.21M | $455.54M | $469.02M | $434.09M | $433.61M | $402.46M | $445.50M | $433.84M | $443.65M | $365.87M | $250.67M | $455.91M | $462.55M | $332.61M | $470.89M | $205.31M | $150.54M | $137.56M | $199.38M | $172.91M | $156.97M | $261.65M | $181.73M | $172.72M |
| High Forecast | $527.78M | $511.03M | $483.61M | $478.49M | $502.80M | $481.51M | $460.13M | $459.84M | $469.63M | $434.57M | $433.61M | $482.95M | $449.49M | $438.53M | $448.46M | $439.05M | $300.80M | $459.26M | $465.94M | $399.13M | $474.35M | $206.82M | $151.65M | $165.08M | $200.84M | $174.18M | $158.12M | $313.98M | $183.07M | $173.99M |
| Low Forecast | $511.81M | $495.56M | $468.98M | $464.01M | $487.59M | $466.94M | $446.21M | $450.33M | $468.10M | $433.62M | $433.61M | $321.97M | $444.28M | $425.26M | $434.89M | $292.70M | $200.53M | $452.82M | $459.41M | $266.09M | $467.69M | $203.92M | $149.52M | $110.05M | $198.02M | $171.74M | $155.90M | $209.32M | $180.50M | $171.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.64% | - | - | 0.63% | 0.60% | - | - | 0.82% | 1.08% | - | - | 1.69% | 1.25% | - | - | 1.73% |
7 analysts predict SNX's average Quarter EBITDA for Dec 23 to be $445.50M, with a high of $449.49M and a low of $444.28M. This is 43.97% 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 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 3 | 3 | 7 | 4 | 10 | 10 | 20 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 6 | 6 | 6 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $139.26M | $133.09M | - | - | $148.84M | $148.92M | - | - | $94.70M | $93.10M | - | - | $134.46M | $56.96M | - | - | $123.13M |
| Avg Forecast | $339.26M | $309.77M | $299.69M | $292.94M | $299.94M | $276.13M | $259.47M | $253.82M | $259.53M | $237.75M | $239.56M | $142.52M | $227.09M | $209.58M | $216.20M | $129.56M | $103.73M | $231.94M | $224.90M | $117.78M | $227.99M | $172.81M | $164.34M | $77.43M | $163.32M | $96.29M | $-32.63M | $116.26M | $153.52M | $121.87M |
| High Forecast | $344.03M | $314.13M | $303.91M | $297.06M | $304.16M | $280.01M | $263.12M | $266.08M | $261.23M | $237.92M | $239.58M | $171.02M | $234.69M | $212.53M | $219.24M | $155.47M | $124.48M | $234.15M | $227.05M | $141.34M | $230.17M | $174.46M | $165.90M | $92.91M | $164.88M | $97.21M | $-32.34M | $139.51M | $154.99M | $123.03M |
| Low Forecast | $330.54M | $301.81M | $291.99M | $285.41M | $292.23M | $269.03M | $252.80M | $241.57M | $258.68M | $237.59M | $239.54M | $114.01M | $223.71M | $204.19M | $210.64M | $103.65M | $82.98M | $229.89M | $222.91M | $94.23M | $225.98M | $171.29M | $162.89M | $61.94M | $161.88M | $95.44M | $-32.94M | $93.01M | $152.17M | $120.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.62% | - | - | 0.64% | 0.66% | - | - | 0.55% | 0.57% | - | - | 1.40% | -1.75% | - | - | 1.01% |
TD SYNNEX's average Quarter net income forecast for Dec 23 is $227.09M, with a range of $223.71M to $234.69M. SNX's average Quarter net income forecast represents a 63.07% 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 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 3 | 3 | 7 | 4 | 10 | 10 | 20 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 6 | 6 | 6 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $659.45M | $673.70M | - | - | $628.08M | $670.57M | - | - | $164.42M | $181.27M | - | - | $498.96M | $506.09M | - | - | $517.13M |
| Avg Forecast | $836.84M | $810.28M | $766.81M | $758.69M | $797.23M | $763.48M | $729.58M | $730.11M | $751.71M | $695.74M | $694.96M | $703.14M | $714.02M | $695.33M | $711.06M | $639.22M | $560.73M | $740.74M | $751.52M | $581.11M | $765.08M | $333.58M | $244.60M | $143.55M | $323.94M | $280.94M | $255.03M | $483.38M | $295.27M | $280.63M |
| High Forecast | $845.89M | $819.04M | $775.11M | $766.89M | $805.86M | $771.74M | $737.47M | $737.00M | $752.70M | $696.50M | $694.96M | $843.77M | $720.41M | $702.85M | $718.76M | $767.06M | $672.87M | $746.18M | $757.04M | $697.33M | $770.70M | $336.03M | $246.39M | $172.26M | $326.32M | $283.00M | $256.91M | $580.06M | $297.44M | $282.69M |
| Low Forecast | $820.29M | $794.26M | $751.65M | $743.69M | $781.47M | $748.38M | $715.16M | $721.75M | $750.24M | $694.97M | $694.96M | $562.51M | $712.06M | $681.58M | $697.01M | $511.38M | $448.58M | $735.72M | $746.42M | $464.89M | $759.89M | $331.32M | $242.94M | $114.84M | $321.74M | $279.03M | $253.30M | $386.71M | $293.27M | $278.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.95% | - | - | 0.85% | 0.89% | - | - | 0.49% | 0.74% | - | - | 1.78% | 1.98% | - | - | 1.84% |
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 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 3 | 3 | 7 | 4 | 10 | 10 | 20 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 6 | 6 | 6 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.49 | $1.41 | - | - | $1.55 | $1.55 | - | - | $1.82 | $1.79 | - | - | $2.61 | $1.11 | - | - | $2.41 |
| Avg Forecast | $3.99 | $3.65 | $3.53 | $3.45 | $3.53 | $3.25 | $3.05 | $2.99 | $3.06 | $2.80 | $2.82 | $2.84 | $2.67 | $2.47 | $2.55 | $2.85 | $1.95 | $2.73 | $2.65 | $2.73 | $2.68 | $2.03 | $1.93 | $1.69 | $1.92 | $1.13 | $-0.38 | $1.53 | $1.81 | $1.43 |
| High Forecast | $4.05 | $3.70 | $3.58 | $3.50 | $3.58 | $3.30 | $3.10 | $3.13 | $3.08 | $2.80 | $2.82 | $2.84 | $2.76 | $2.50 | $2.58 | $2.89 | $1.98 | $2.76 | $2.67 | $2.76 | $2.71 | $2.05 | $1.95 | $1.71 | $1.94 | $1.14 | $-0.38 | $1.55 | $1.82 | $1.45 |
| Low Forecast | $3.89 | $3.55 | $3.44 | $3.36 | $3.44 | $3.17 | $2.98 | $2.84 | $3.05 | $2.80 | $2.82 | $2.84 | $2.63 | $2.40 | $2.48 | $2.78 | $1.90 | $2.71 | $2.62 | $2.71 | $2.66 | $2.02 | $1.92 | $1.68 | $1.91 | $1.12 | $-0.39 | $1.52 | $1.79 | $1.42 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.55% | - | - | 0.57% | 0.59% | - | - | 0.89% | 0.93% | - | - | 2.30% | -2.89% | - | - | 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).