TD SYNNEX Corp highlights global IT distribution strength as investors watch SNX stock
TD SYNNEX Corp (SNX) is a major global distributor of IT products and solutions, operating with a broad partner network and exposure to key technology trends. The company's business model focuses on inventory management, working capital discipline, and strong relationships with suppliers and channel partners, offering a diversified portfolio that reduces dependency on single vendors. SNX stock represents exposure to the global IT distribution and services segment, appealing to investors seeking diversified technology exposure.
Zacks.com featured highlights include Micron Technology, Credo Technology and TD SYNNEX
Zacks Investment Research highlights Micron Technology (MU), Credo Technology Group Holding Ltd (CRDO), and TD SYNNEX Corp. (SNX) as top profitable stock picks for July, based on strong net income ratios and significant upside potential. The article emphasizes the importance of consistent profitability for investors and details each company's 12-month net profit margin and expected earnings growth rate for the current year. It also encourages investors to explore Zacks' top stock-picking strategies.
TD SYNNEX (SNX) HR chief reports ESPP share buy and tax withholding
TD SYNNEX's Chief Human Resources Officer, Dhanji Alim, reported routine share movements, including acquiring 82 common shares via the 2024 Employee Stock Purchase Plan (ESPP) at $130.416 per share. Subsequently, 628 shares were disposed of at $244.64 per share in a non-market transaction to cover tax obligations. After these transactions, Alim directly holds 12,880 common shares of TD SYNNEX.
Form 4 TD Synnex Corp For: 6 July By Investing.com
This article from Investing.com reports on a Form 4 filing for TD Synnex Corp (SNX) on July 6. Form 4 filings are used to report trades by company insiders. The brief piece notes that TD Synnex Corp's stock was down by 2.34% and links to the filing.
ESPP grant: TD SYNNEX (NYSE: SNX) CAO acquires 162 shares
TD SYNNEX's Chief Accounting Officer, Henry John Paul, acquired 162 shares of common stock on June 30, 2026, through the company's 2024 Employee Stock Purchase Plan (ESPP). The shares were purchased at a price of $130.416 each, based on 85% of the closing price on January 2, 2026. This transaction increased Paul's direct holdings to 22,862 common shares, with the acquisition being a routine, plan-based event exempt under SEC Rules 16b-3(d) and 16b-3(c).
TD SYNNEX Corp outlines its role in global IT distribution and services
TD SYNNEX Corp positions itself as a major global distributor and solutions aggregator in the IT industry, connecting vendors with resellers and end customers. The company provides logistics, financing, and technical services for hardware, software, and cloud offerings, operating a broad distribution and services platform worldwide. TD SYNNEX plays a critical role in the IT channel by enabling partners to access a wide range of products and supporting the adoption of emerging technologies.
TD SYNNEX CORP 2Q 2026: Revenue $19.57B, Net income $334.09M, EPS $4.15— 10-Q Summary
TD SYNNEX CORP (SNX) reported strong second-quarter 2026 results, with revenue reaching $19.57 billion, marking a 31% increase year-over-year. Net income surged to $334.09 million, an 80.7% rise, while diluted EPS grew by 87.8% to $4.15. The growth was driven by Advanced & Endpoint distribution and Hyve Solutions, along with broad geographic momentum and strategic inventory increases.
TD SYNNEX (NYSE: SNX) launches EUR 650M European receivables securitization
TD SYNNEX Corporation has established a European receivables securitization program worth EUR 650 million, supported by a senior variable funding notes facility. This program allows its European subsidiaries to sell eligible customer receivables into a financing vehicle, which then issues senior and junior notes for funding. The structure is revolving, includes ratings-based performance thresholds, customary early amortization events, and issuer events of default, with a borrowing period extending until June 25, 2028, and a potential extension to June 2031.
Form 4 TD Synnex Corp For: 1 July By Investing.com
The article reports on a Form 4 filing for TD Synnex Corp (SNX) as of July 1st. It also includes various market data such as indices, commodities, bonds, and shares, along with trending stocks and popular news articles from Investing.com. The information provided is primarily financial market data and news.
Form 4 TD Synnex Corp For: 1 July By Investing.com
This article from Investing.com reports on a Form 4 filing for TD Synnex Corp on July 1st. Form 4s are filed with the SEC to report changes in beneficial ownership of a company's stock by insiders. The article provides the title and date of the filing without further details.
Dennis Polk (NYSE: SNX) exercises options and sells 10,000 shares
Dennis Polk, Chair of Hyve Solutions and a director at TD SYNNEX (NYSE: SNX), exercised stock options for 10,000 shares and simultaneously sold all 10,000 common shares in open-market transactions. The sales occurred at weighted average prices ranging from $268.00–$268.82 and $269.00–$269.205 per share, after exercising options at $107.32 and $106.35 per share. Following these transactions, Polk holds 22,439 common shares directly and 76,647 indirectly through a trust.
Insider Activity Update: DENNIS POLK Executes Options Exercise, Resulting In $2.34M At TD Synnex
DENNIS POLK, Chair at TD Synnex (NYSE: SNX), exercised stock options for 15,000 shares, valued at $2,335,200. This transaction was disclosed in a recent SEC filing on June 30, with TD Synnex shares trading down 2.38% at $263.0 at the time. The article also provides a financial overview of TD Synnex, highlighting its positive revenue growth and conservative financial approach.
TD SYNNEX (SNX) Hyve chair Polk exercises 15,000 options and sells shares
TD SYNNEX director and Hyve Solutions chair Dennis Polk exercised 15,000 Employee Stock Options at $107.32 per share on June 29, 2026. The same day, he sold all 15,000 common shares in open-market transactions, realizing weighted average prices in the mid-$260s. Following these transactions, Polk holds 22,439 direct common shares, 76,647 indirect common shares through a trust, and 12,581 outstanding stock options.
TD SYNNEX chair Dennis Polk sells $3.98m in common stock
Dennis Polk, Chair of Hyve Solutions at TD SYNNEX Corp (NASDAQ:SNX), sold 15,000 shares of common stock worth approximately $3.98 million on June 29, 2026. This sale followed his acquisition of an equal number of shares through the exercise of employee stock options. The company's stock has seen a significant surge of over 101% in the past year, and recent reports indicate strong fiscal performance driven by demand for AI technologies.
TD SYNNEX files prospectus supplement, counsel opinion attached for potential securities offering
TD SYNNEX has filed a prospectus supplement to its automatic shelf registration, along with a legal opinion from counsel, regarding the issuance and sale of securities. This filing, made on June 29, 2026, covers potential securities offerings and includes an opinion from Pillsbury Winthrop Shaw Pittman LLP affirming the legality of these transactions. It supports the legal sufficiency of the registration statement for future security offerings.
TD SYNNEX (SNX) adds legal opinion to automatic shelf prospectus filing
TD SYNNEX Corporation filed an 8-K report to announce the submission of a prospectus supplement to its automatic shelf registration statement on Form S-3. This filing primarily includes a legal opinion from Pillsbury Winthrop Shaw Pittman LLP regarding the validity of securities, embedded as Exhibit 5.1 with a related consent. The company clarified that this is an administrative filing and does not contain new financial results or operational changes.
TD SYNNEX (NYSE: SNX) resale shelf registers 3,238,066 shares by Amazon
TD SYNNEX (NYSE: SNX) has registered 3,238,066 shares of its common stock for resale by Amazon.com NV Investment Holdings LLC. These shares are derived from a warrant held by Amazon, and TD SYNNEX will not receive any proceeds from the sale by Amazon. The prospectus supplement outlines various potential methods Amazon may use to sell these shares.
Metropolis Capital Ltd Has $216.17 Million Position in TD SYNNEX Corporation $SNX
Metropolis Capital Ltd increased its stake in TD SYNNEX Corporation (NYSE:SNX) by 9.5% in the first quarter, now holding 1,281,307 shares valued at $216.17 million. TD SYNNEX recently reported strong quarterly results, with revenue of $19.57 billion and EPS of $4.85, both exceeding expectations, and provided upbeat Q3 guidance. Following these positive results, analysts have raised price targets, giving the stock a "Moderate Buy" consensus rating with an average target price of $277.10.
IT Services Giant TD SYNNEX Sees No Slowdown In Customer Spending Despite Rising Prices
TD SYNNEX (NYSE: SNX) reported robust fiscal second-quarter results, surpassing Wall Street's revenue and earnings expectations, largely due to its Hyve AI infrastructure business. Despite rising prices and supply constraints, the company's management indicated no weakening in customer demand, particularly for IT infrastructure and AI initiatives. TD SYNNEX also increased its dividend and provided an optimistic outlook for the fiscal third quarter.
TD Synnex Corp (SNX) Shares Fall 4.1% -- GF Value Says Still Overvalued
TD Synnex Corp (SNX) shares fell 4.1% to $266.27, yet GuruFocus's GF Value™ suggests the stock remains significantly overvalued at 76.6% above its intrinsic value of $150.76. Despite strong fundamentals indicated by a GF Score™ of 79/100, the company's valuation score is low (1/10), and insiders have sold $8.2 million in shares over the past three months, signaling potential caution for investors.
These Analysts Boost Their Forecasts On TD Synnex After Upbeat Q2 Results
Following upbeat fiscal second-quarter results, TD SYNNEX (NYSE: SNX) received boosted forecasts from analysts. The company exceeded revenue and earnings estimates for Q2 and provided strong guidance for the fiscal third quarter. Both Morgan Stanley and Barrington Research analysts reiterated their positive ratings and increased price targets for SNX stock.
RBC raises TD Synnex stock price target to $340 on AI demand
RBC Capital has increased its price target for TD Synnex (NYSE: SNX) to $340 from $315, maintaining an Outperform rating. This adjustment follows TD Synnex's strong Q2 2026 results, which surpassed expectations due to surging AI demand across its Distribution and Hyve segments. The company reported significant growth in billings and earnings per share, with its stock up 105% over the past year.
TD SYNNEX Corporation (SNX) Hits Fresh High: Is There Still Room to Run?
TD SYNNEX (SNX) has seen significant stock performance, rising 20.9% in the past month and 93.1% year-to-date, hitting a new 52-week high. The company has a strong record of beating earnings estimates and is projected for continued EPS and revenue growth. Despite trading at a premium compared to its industry, its Zacks Rank of #2 (Buy) and favorable Style Scores suggest potential for further gains.
What's Going On With TD SYNNEX Stock Thursday? - TD Synnex (NYSE:SNX)
TD SYNNEX (NYSE:SNX) reported strong fiscal second-quarter results, surpassing Wall Street expectations in both revenue and earnings, largely propelled by its Hyve AI infrastructure business. Despite a slight decline in gross margin, the company saw significant increases in revenue, net income, and non-GAAP diluted EPS. Looking ahead, TD SYNNEX provided an optimistic outlook for the fiscal third quarter, projecting revenue and EPS above analyst consensus, while acknowledging geopolitical uncertainty and supply constraints as potential risks.
TD SYNNEX Q2 2026 slides: Hyve surges 117%, AI drives record results
TD SYNNEX reported record fiscal Q2 2026 results, surpassing Wall Street expectations with non-GAAP EPS of $4.85 and revenue of $19.6 billion, driven by robust AI infrastructure and hyperscaler demand. The Hyve Solutions segment saw a remarkable 117% year-over-year growth in gross billings to $5.5 billion, while the core Distribution business also demonstrated strong performance. The company expanded its U.S. facility footprint to support future growth and maintained capital return discipline despite increased investments in Hyve.
TD SYNNEX stock rises over 5% on strong earnings beat and guidance
TD SYNNEX Corporation (NYSE:SNX) reported strong second-quarter results, exceeding analyst expectations for both EPS and revenue and driving a 5.57% rise in pre-market trading. The IT distributor achieved record revenue of $19.6 billion and adjusted EPS of $4.85, significantly above consensus estimates. The company also provided optimistic guidance for the third quarter, projecting adjusted EPS of $4.25 to $4.75 and revenue between $18.2 billion and $19.0 billion.
TD SYNNEX Reports Record Q2: Revenue $19.6B, Non-GAAP EPS $4.85
TD SYNNEX announced a record fiscal second quarter, significantly exceeding its outlook with $19.6 billion in revenue and non-GAAP diluted EPS of $4.85. The company returned $151 million to stockholders through share repurchases and dividends, and declared a quarterly cash dividend of $0.48 per share. Looking ahead, TD SYNNEX provided an outlook for Q3 FY26, projecting revenue between $18.2–$19.0 billion.
TD Synnex Corp (SNX) 2026Q2 Earning Prediction
TD Synnex Corp (SNX) is scheduled to release its 2026Q2 earnings on June 25, 2026, with consensus forecasts projecting $16.74B in revenue and an EPS of $3.92. Intellectia's AI algorithms predict a "BEAT" against these expectations, forecasting actual revenue of $19.57B and an EPS of $4.70. The article also provides historical earnings call summaries and frequently asked questions about Intellectia's AI prediction methodology.
TD Synnex, Micron And 3 Stocks To Watch Heading Into Thursday
As U.S. stock futures show mixed performance on Thursday morning, several companies are drawing investor attention. TD Synnex and Acuity Inc. are expected to report earnings, while Micron Technology exceeded expectations with its Q3 financial results and strong guidance. Darden Restaurants is also set to release its quarterly earnings, and H.B. Fuller Co. reported strong Q2 earnings and raised its fiscal year outlook.
New TD SYNNEX (SNX) director Britt Douglas files initial insider ownership
TD SYNNEX director Britt Douglas has filed an initial ownership report (Form 3) with the SEC, establishing her as a reporting person for TD SYNNEX securities. This filing indicates her director status but does not report any share holdings or transactions, meaning no buys, sells, or other dispositions have occurred yet. The form clarifies that she is not a ten percent owner and has no derivative securities listed.
Investors brace for TD Synnex earnings amid Hyve acceleration By Investing.com
Investors are anticipating TD Synnex's second-quarter fiscal 2026 earnings, focusing on the continued growth of its Hyve Solutions business, which specializes in hyperscale infrastructure. Analysts expect strong earnings per share and revenue growth year-over-year, driven by AI demand and data center hardware. The company's stock is performing well, and Wall Street maintains a bullish outlook.
TD SYNNEX Appoints Technology Executive Douglas Britt to Board
TD SYNNEX has appointed Douglas Britt to its board of directors, effective June 17, expanding the board from 10 to 11 members. Britt brings over three decades of experience in technology, manufacturing, and global supply chain operations, and will serve on the company’s Audit Committee and Technology Committee. His expertise is expected to strengthen TD SYNNEX's governance and strategic oversight, particularly as the company expands its hyperscale digital infrastructure capabilities.
TD Synnex Corp expected to post earnings of $4.14 a share - Earnings Preview
TD Synnex Corp (SNX) is projected to report earnings of $4.14 per share, according to a Refinitiv earnings preview. This forecast provides investors and analysts with an expectation for the company's financial performance ahead of its official earnings announcement. The news highlights an upcoming financial milestone for the technology distributor.
TD SYNNEX adds technology veteran Douglas Britt to its board
TD SYNNEX (NYSE: SNX) has appointed Douglas Britt to its Board of Directors, effective June 17, 2026, increasing the board size to eleven members. Britt, a seasoned technology executive with over 30 years of experience in global technology, manufacturing, and supply chain businesses, will serve on the Board’s Audit Committee and Technology Committee. His expertise in scaling global businesses and driving operational excellence is expected to strengthen TD SYNNEX's strategic oversight and support its hyperscale digital infrastructure capabilities.
TD SYNNEX appoints Douglas Britt to board of directors
TD SYNNEX has appointed Douglas Britt to its board of directors, expanding the board to eleven members. Britt brings over 30 years of experience in technology, manufacturing, and supply chain operations, and will serve on the Audit and Technology Committees. The appointment comes amidst a period of strategic growth for TD SYNNEX, which has seen its stock perform strongly while analysts raise price targets following positive developments.
TD SYNNEX Taps Supply Chain Veteran for Board to Bolster AI Ambitions
TD SYNNEX has appointed Douglas Britt to its Board of Directors, a strategic move to bolster its position in the AI and hyperscale data center markets. Britt's extensive background in supply chain operations, manufacturing, and thermal management for AI workloads is expected to provide invaluable expertise. His appointment underscores a growing trend in corporate governance to bring specialized technological expertise into boardrooms to navigate the complexities of AI and digital infrastructure.
TD SYNNEX Appoints Douglas Britt to Board of Directors
TD SYNNEX (NYSE:SNX) has appointed Douglas Britt to its Board of Directors, effective June 17, 2026, increasing the board size to eleven members. Britt, a seasoned technology executive with over 30 years of experience, will serve on the Board’s Audit Committee and Technology Committee. His expertise in global technology, manufacturing, and supply chain operations is expected to strengthen the company's governance and strategic oversight.
TD SYNNEX Appoints Douglas Britt to Board of Directors
TD SYNNEX has appointed Douglas Britt to its Board of Directors, effective June 17, 2026, increasing the board size to eleven members. Britt, with over 30 years of experience in global technology, manufacturing, and supply chain businesses, will serve on the Board's Audit Committee and Technology Committee. His appointment aims to strengthen the company's governance and strategic oversight, particularly in its hyperscale digital infrastructure capabilities.
Douglas Britt joins TD SYNNEX (SNX) board, expanding governance and tech oversight
TD SYNNEX (SNX) announced the appointment of Douglas Britt to its Board of Directors, effective June 17, 2026, increasing the board size from ten to eleven members. Britt, a seasoned technology executive with over 30 years of experience, will serve on the Audit Committee and Technology Committee. His appointment aims to strengthen the company's governance and strategic oversight, particularly in areas like global technology, manufacturing, and supply chain operations.
Form 8K TD Synnex Corp For: 22 June By Investing.com
This article reports on the filing of a Form 8K by TD Synnex Corp on June 22nd, as reported by Investing.com. It is a brief news item indicating a regulatory filing by the company. The article also includes various market data, news headlines, and popular articles, but the core content relates to the TD Synnex filing.
TD SYNNEX Q2 earnings seen rising on strong revenue growth
TD SYNNEX is expected to report significant Q2 earnings growth, with analysts projecting $4.12 per share and $16.8 billion in revenue, building on a strong Q1 performance. Several analysts have raised their price targets, reflecting optimism about the IT services provider's financial momentum. The upcoming earnings report, scheduled for June 25, will be a key indicator of the company's ability to sustain its growth trajectory amidst market confidence.
TD Synnex Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
TD SYNNEX Corporation is projected to report higher second-quarter earnings on June 25, with analysts expecting $4.12 per share and $16.8 billion in revenue. This follows a strong first quarter where the company exceeded revenue estimates. Several analysts have maintained or raised their ratings and price targets for SNX stock ahead of the upcoming earnings call.
TD SYNNEX (SNX) Stock Could Be 22% Undervalued After HPE AI Expansion
TD SYNNEX (SNX) is gaining attention due to its expanded HPE Unleash AI solutions portfolio and raised analyst earnings estimates, contributing to significant share price growth. While one narrative suggests the stock is 14.8% overvalued at $284.56 compared to a fair value of $247.82, a Discounted Cash Flow (DCF) model by Simply Wall St indicates it could be 21.9% undervalued with a fair value of $364.42, presenting a potential buying opportunity. The company's growth is driven by digital transformation and AI adoption, expanding its addressable market and recurring revenue.
TD SYNNEX (SNX) Reports Next Week: Wall Street Expects Earnings Growth
TD SYNNEX (SNX) is anticipated to report an increase in both earnings and revenue for the quarter ending May 2026. Experts project earnings per share of $4.07, a 36.1% year-over-year rise, and revenues of $16.74 billion, up 12%. The company's positive Earnings ESP and a Zacks Rank #3 suggest a strong likelihood of surpassing the consensus EPS estimate, reinforcing its status as a compelling earnings-beat candidate.
TD Synnex Corp (SNX) Institutional Confidence
The article analyzes the institutional confidence score for TD Synnex Corp (SNX), which currently stands at 10.00, placing it first in its industry. Institutional shareholding is 92.85%, a slight decrease from the previous quarter, with Glenn Greenberg identified as the largest institutional shareholder. The report also lists top institutional shareholders and their recent changes in holdings.
TD Synnex Corp (SNX) Dividends & Stock Splits: Historical Payouts and Event Timeline
This article provides a detailed historical overview of TD Synnex Corp (SNX) dividend payouts and stock split information. It lists upcoming and past interim and final cash dividends, including ex-dividend, record, and payment dates, with a total of $433.67M distributed in dividends over the last five years. The report indicates no stock split data is available for SNX.
EigenQ and TD SYNNEX Partner to Secure AMD EPYC Server Environments Against Post-Quantum Threats
EigenQ and TD SYNNEX have announced a partnership to secure AMD EPYC server environments against post-quantum threats. This collaboration aims to provide scalable migration pathways for high-assurance sectors like public sector, defense, and critical infrastructure, by integrating EigenQ's quantum-safe trust infrastructure with AMD EPYC server hardware. TD SYNNEX will manage the commercial distribution to ensure regulated industries can adopt these modules without operational disruption, aligning with federal CNSA 2.0 mandates.
TD SYNNEX Recognized with Multiple 2026 HPE Partner of the Year Awards Across North America and Europe
TD SYNNEX has received multiple HPE Partner of the Year Awards for 2026 across North America and Europe, including Distributor of the Year in several regions. This recognition highlights TD SYNNEX's strong partnership with HPE, spanning over 40 years, and their dedication to providing comprehensive support and innovative solutions to customers. The awards acknowledge exceptional performance in financial results, solution innovation, and significant business outcomes, further strengthening TD SYNNEX's role as a global distributor for HPE's networking, cloud, and AI solutions.
TD SYNNEX Recognized with Multiple 2026 HPE Partner of the Year Awards Across North America and Europe
TD SYNNEX (NYSE: SNX) has received several 2026 HPE Partner of the Year Awards across North America and Europe, including Distributor of the Year in North America, Central Europe, NWE (Netherlands), and LASER (Portugal). These awards recognize TD SYNNEX's dedication, success, and ability to provide value to customers through HPE's portfolio. The long-standing partnership between TD SYNNEX and HPE continues to evolve, with TD SYNNEX recently being selected as an HPE global distribution partner, strengthening their ability to deliver scalable support and expand access to HPE's networking, cloud, and AI solutions worldwide.
How Investors Are Reacting To TD SYNNEX (SNX) Expanding Post-Quantum Security And HPE Ecosystem Partnerships
TD SYNNEX is expanding its role in advanced cybersecurity and infrastructure ecosystems through new partnerships with EigenQ Inc. for post-quantum security and ConnectSecure for vulnerability platforms, alongside its expanded global distribution status with HPE. These developments fit TD SYNNEX's narrative as a key distributor of complex IT solutions, despite concerns about thin margins and customer concentration. The company projects significant revenue and earnings growth by 2029, though some analysts remain more cautious.
