Siemens, TD SYNNEX Announce Partnership For IT/OT Convergence, Physical AI Adoption
Siemens and TD SYNNEX have announced a global distribution partnership to accelerate IT/OT convergence and the adoption of physical AI. This collaboration aims to combine Siemens' industrial expertise with TD SYNNEX's extensive IT ecosystem, broadening access to technologies across industrial automation, software, AI, cybersecurity, intelligent infrastructure, and electrification. The partnership seeks to create new market routes and unlock a significant market for secure industrial digitalization.
Why TD SYNNEX (SNX) Might be Well Poised for a Surge
TD SYNNEX (SNX) is showing strong potential for a stock surge due to significant positive revisions in its earnings estimates. Analysts are increasingly optimistic, driving up consensus estimates for both the current quarter and the full year. The company currently holds a Zacks Rank #1 (Strong Buy), indicating a favorable outlook based on these revisions.
Conferencia de resultados del tercer trimestre fiscal de 2026 de TD SYNNEX (SNX): la facturación de Hyve se dispara un 117%
TD SYNNEX (SNX) reported strong fiscal Q3 2026 results, with non-GAAP gross billings up 40% year-over-year to $31.8 billion and non-GAAP EPS increasing 59% to $5.68, driven by data center infrastructure and AI technologies. While the Hyve division saw a 117% surge in gross billings, its capital investments led to a free cash flow consumption of approximately $1 billion. For fiscal Q4 2026, the company projects gross billings of $31.9 billion and diluted EPS of $5.90, anticipating improved cash generation as Hyve's programs mature.
A Look at TD Synnex Corp (SNX) After 5.8% Gain -- GF Value $190.
TD Synnex Corp (SNX) recently saw a 5.8% gain, but GuruFocus estimates the stock to be significantly overvalued at $271.76 compared to its GF Value of $190.61. Despite a strong GF Score of 91/100, driven by excellent growth, the valuation and ongoing insider selling raise concerns for investors. This suggests caution is warranted, especially given that its P/E ratio is above its 5-year median.
TD SYNNEX Announces Strong Q3 Fiscal 2026 Financial Performance with Significant Revenue and Earnings Growth
TD SYNNEX (NYSE: SNX) has reported strong financial results for Q3 fiscal year 2026, with significant increases in revenue and net income. The company's revenue for the quarter reached over $21.5 billion, and diluted EPS rose to $5.18. These figures highlight robust growth compared to the same period in fiscal 2025, reflecting solid operational performance.
Q3 profit rose at TD SYNNEX (SNX), while nine-month operations used $2.08B.
TD SYNNEX (SNX) reported a significant increase in its third-quarter net income to $416.2 million, up from $226.8 million year-over-year, with diluted earnings per share rising to $5.18. The company's revenue for the quarter reached $21.56 billion, compared to $15.65 billion a year earlier. Despite strong revenue growth, operating cash flow for the nine months ended August 31, 2026, was a use of $2.08 billion, a substantial change from the $71.3 million provided in the prior year.
TD SYNNEX CORP 2026: Revenue $21.56B, EPS $5.18— 10-Q Summary
TD SYNNEX CORP (SNX) reported strong quarterly results for 2026, with consolidated revenue reaching $21.56 billion and diluted EPS of $5.18. This growth was primarily driven by the Advanced & Endpoint Solutions and Hyve Solutions segments, with all regions experiencing double-digit revenue increases. Gross profit rose by 26%, despite a slight compression in gross margin due to product mix.
TD Synnex Corp Stock (SNX) Moved Up by 8.16% on Oct 1: Facts Behind the Movement
TD Synnex Corp (SNX) saw an 8.16% increase in its stock price on October 1st, driven by strong quarterly results, raised guidance, and surging demand for AI infrastructure. The company's Hyve Solutions segment particularly benefited from enterprise AI adoption and data center modernization, contributing to positive investor sentiment and analyst upgrades despite some underlying risks like negative free cash flow and gross margin compression.
TD SYNNEX Extends and Upsizes $3.0 Billion Trade Receivables Securitization to 2028
TD SYNNEX (SNX) has extended and upsized its trade receivables securitization facility to $3.0 billion, with the maturity now set for September 25, 2028. The company has updated the borrowing cost with program fees of 0.725% and 0.825% for different funding types. This amendment is expected to enhance the company's liquidity and provide greater funding visibility.
$100 Invested In TD Synnex 10 Years Ago Would Be Worth This Much Today
An investment of $100 in TD Synnex (NYSE: SNX) ten years ago would now be worth $459.25, reflecting an average annual return of 16.42%. This performance indicates that TD Synnex outperformed the market by 2.91% on an annualized basis over the last decade. The article highlights the significant impact of compounded returns on investment growth over time.
TD SYNNEX RECOGNISED AS ONE OF THE UK'S BEST WORKPLACES IN TECHâ„¢
TD SYNNEX has been recognized for the fourth consecutive year as one of the UK's Best Workplaces in Tech by Great Place To Work® UK. The company was lauded for its strong emphasis on learning and development, career advancement, co-worker well-being, and its inclusive culture, including its commitment to becoming an AI-fluent business. This recognition highlights TD SYNNEX's dedication to creating a supportive and empowering environment for its employees.
TD Synnex posts record Q3 revenue of $21.6 billion as Hyve business more than doubles
TD Synnex achieved record Q3 revenue of $21.6 billion, a 37.7% increase year over year, driven largely by its Hyve segment which more than doubled its gross billings to $7 billion. This growth is attributed to increased AI infrastructure spending and strong performance across all geographic regions in its Distribution segment. The company also provided a strong Q4 outlook and announced shareholder returns through buybacks and dividends.
CyberFOX signs distribution deal with TD SYNNEX for North America
CyberFOX, a cybersecurity software provider, has announced a distribution agreement with TD SYNNEX (NYSE:SNX) to expand the reach of its cybersecurity products across North America. This partnership will allow TD SYNNEX to distribute CyberFOX's portfolio, including AutoElevate, Password Manager, DNS Filtering, and Timus SASE, to its extensive network of resellers. The collaboration aims to serve small and mid-sized organizations in various sectors such as automotive, manufacturing, government, education, construction, and financial services.
TD SYNNEX (SNX): Record Revenue Growth Is Outrunning a Quietly Compounding Margin Problem
TD SYNNEX (SNX) reported record revenue growth in its fiscal third quarter, beating analyst expectations with a 37.7% increase in revenue and 58.7% rise in non-GAAP EPS. However, this growth has been accompanied by an accelerating decline in gross margins, particularly due to the increasing contribution of lower-margin Hyve programs. The article questions whether management's prediction of a margin stabilization will hold true, especially as AI rack programs continue to expand.
TD Synnex: Morgan Stanley lifts price target after strong quarter
Morgan Stanley has increased its price target for TD Synnex Corp (NYSE:SNX) to $359 from $334, maintaining an Overweight rating and naming it their most favored enterprise hardware stock. This adjustment follows TD Synnex's strong fiscal third-quarter results, which exceeded revenue and EPS estimates, and robust fourth-quarter guidance. Analysts cited accelerating growth, improved operating leverage, and anticipated demand from enterprise AI and new hyperscaler programs as key drivers for the positive outlook.
TD Synnex Analysts Boost Their Forecasts After Q3 Results
TD Synnex reported strong fiscal Q3 2026 results, exceeding analyst expectations for both EPS and revenue, and provided optimistic guidance for Q4. The company's CEO, Patrick Zammit, highlighted strong performance in Distribution and Hyve segments and expressed confidence in long-term growth driven by Enterprise AI adoption and data center modernization. Following these results, Morgan Stanley and UBS analysts raised their price targets for TD Synnex stock.
UBS Adjusts Price Target on TD SYNNEX to $379 From $352, Keeps Buy Rating
UBS has increased its price target for TD SYNNEX (SNX) shares to $379 from $352, while maintaining a Buy rating on the stock. This adjustment reflects a positive outlook from the analyst firm on the global distributor and solutions aggregator for the IT ecosystem.
Why Is TD SYNNEX Stock Sinking Thursday? - TD Synnex (NYSE:SNX)
TD SYNNEX stock fell sharply despite beating Q3 expectations and issuing strong guidance, primarily due to investor concerns over negative free cash flow, significant working-capital build, and contracting gross margins as its Hyve Solutions business rapidly expands. The company highlighted strong data center demand and new AI infrastructure opportunities. Despite the stock drop, the company's Q4 outlook beat estimates.
TD Synnex Corp (SNX) (Q3 2026) Earnings Call Highlights: Record Billings Surge 40% as AI ...
TD Synnex (SNX) reported record Q3 2026 earnings, with non-GAAP gross billings surging 40% year-over-year to $31.8 billion, driven by strong growth in both its Distribution and Hyve segments, especially in AI-related technologies. While non-GAAP operating income and EPS significantly exceeded guidance, the company experienced substantial free cash flow consumption due to increased inventory and working capital investments in Hyve, impacting operating margins in that segment. Despite these pressures, the company remains optimistic about future growth, particularly in the data center and AI markets, and expects cash flow generation to normalize as new Hyve programs mature.
TD SYNNEX Corporation Declares Quarterly Cash Dividend for the Fiscal Third Quarter Ended August 31, 2026, Payable on October 30, 2026
TD SYNNEX Corporation announced a quarterly cash dividend of $0.48 per common share for the fiscal third quarter ending August 31, 2026. The dividend is scheduled for payment on October 30, 2026, to stockholders of record as of October 16, 2026. This declaration was made by the company's Board of Directors.
TD SYNNEX Q3 Earnings Call Highlights
TD SYNNEX reported record fiscal third-quarter 2026 results, with non-GAAP gross billings up 40% year-over-year to $31.8 billion, driven by strong demand in data center infrastructure and AI. The company's Hyve business saw significant expansion, although its operating margin was affected by a large AI server program. Despite consuming $1 billion in free cash flow to fund inventory, management expects improved cash generation in Q4 and forecasts continued growth in gross billings and EPS.
TD Synnex: AI Is Accelerating Growth And Swallowing Cash (Rating Downgrade) (NYSE:SNX)
TD Synnex reported strong Q3 2026 results with growth in both its distribution and Hyve segments, exceeding revenue and EPS expectations. However, the company experienced a significant $1 billion free cash flow burn this quarter due to rapid expansion and strained working capital, especially within its AI-driven Hyve segment which faces margin compression and inventory risk. Consequently, the author has downgraded SNX from Buy to Hold, citing concerns over unsustainable cash burn despite positive long-term growth prospects.
TD Synnex Corp Stock (SNX) Moved Down by 11.88% on Sep 24: Drivers Behind the Movement
TD Synnex Corp (SNX) stock fell by 11.88% on September 24th despite beating quarterly estimates and issuing strong forward guidance. The decline was attributed to severe cash flow deterioration and gross margin contraction caused by massive upfront working capital investments for hyperscale AI server deployments. Investors are now focused on the company's working capital management, cash flow normalization, and margin stabilization.
TD SYNNEX Corporation (SNX) Stock Price, News, Quote & History
TD SYNNEX Corporation (SNX) is a technology distributor offering endpoint and advanced solutions, cloud services, and financial options. The company's stock shows strong performance across various timeframes, with a 1-year return of 66.43% and a 5-year return of 151.72%. Analysts currently rate SNX as a Buy with an average target price of $339.64.
‘Look Around This Room’ – TD Synnex Boss’ ‘best Bit Of Advice’ On AI
Dave Watts, MD of TD Synnex UK&I, stated that partners who effectively leverage their ecosystem will be the winners in the AI era, rather than those with the most internal capabilities. Speaking at the Explore event, Watts highlighted findings from TD Synnex's Direction of Technology report, which revealed that while most partners plan to invest in AI, only a small percentage see it as a meaningful revenue source. He emphasized that delivering AI solutions often requires diverse expertise across multiple partners, and TD Synnex aims to facilitate these collaborations through its vendor relationships and technical knowledge.
Morgan Stanley Maintains TD Synnex(SNX.US) With Buy Rating, Maintains Target Price $334
Morgan Stanley has reiterated its Buy rating for TD Synnex (SNX.US) and maintained its target price at $334. This indicates a continued positive outlook from the financial institution on the company's stock performance.
TD SYNNEX (SNX) insider sells 2,500 shares, still holds 22,439
Dennis Polk, Chair of Hyve Solutions at TD SYNNEX (SNX), reported the sale of 2,500 trust-held shares under a pre-arranged Rule 10b5-1 plan on September 15, 2026. These shares were sold by the Polk Family Trust at weighted-average prices between $262.61 and $267.64. Following these transactions, Polk directly retains 22,439 shares of TD SYNNEX common stock.
TD Synnex to distribute Hammerhead AI’s power software
TD SYNNEX announced a distribution agreement with Hammerhead AI to resell its ORCA power-orchestration software to over 150,000 resellers globally. The ORCA software aims to convert underutilized data center power into AI-ready capacity, addressing critical power constraints in the AI landscape. This partnership, under TD SYNNEX’s Destination AI program, will provide solutions for neoclouds, AI cloud service providers, and enterprises looking to expand AI capabilities.
Here's How Much $1000 Invested In TD Synnex 15 Years Ago Would Be Worth Today
This article demonstrates the significant growth of a $1000 investment in TD Synnex (NYSE: SNX) over 15 years, showing it would now be worth over $20,000. TD Synnex has achieved an average annual return of 22.05%, outperforming the market by 9.02% annually. The piece highlights the power of compounded returns for wealth growth.
Private Communications Corp. and TD SYNNEX Partner to Bring Modern Cloud-Based Remote Access to SMBs
Private Communications Corporation (PCC) has announced a partnership with TD SYNNEX to offer its Remote WorkForce platform to managed service providers (MSPs). This collaboration aims to provide small- and medium-sized businesses (SMBs) with modern, cloud-based remote access solutions, helping them transition from legacy SSL VPNs to Zero Trust Network Access (ZTNA) without disruption. The partnership addresses the increasing demand for secure remote access as SSL VPNs reach end-of-life and cyber insurance requirements become stricter.
TD Synnex (SNX) Shares Jump Over 50% on Cloud Growth and AI Infrastructure Demand
TD SYNNEX Corporation (NYSE: SNX) saw its shares jump over 50% in Q2 2026, driven by surging demand for AI infrastructure and cloud computing. The company reported strong earnings, beat analyst consensus, and increased its guidance for coming quarters. The Harbor Mid Cap Value Fund highlighted SNX as a top contributor, noting its significant role as a leading distributor in the IT ecosystem.
TD SYNNEX to Announce Third Quarter Fiscal 2026 Results on September 24, 2026
TD SYNNEX announced that it will release its financial results for the third fiscal quarter of 2026 on Thursday, September 24, 2026, before market open. The company will also host an earnings conference call and webcast at 9:00 a.m. ET on the same day. Financial results and webcast links will be available on the company's investor relations website.
Ziperase Announces Partnership with TD SYNNEX
Ziperase, a provider of certified data erasure software, has partnered with TD SYNNEX, a global IT distributor. This collaboration grants TD SYNNEX enterprise customers access to Ziperase's software, enabling them to produce verifiable proof of data sanitization for audit and compliance purposes. The partnership aims to simplify audit-ready data erasure for enterprise IT teams and help regulated entities meet compliance requirements.
TD SYNNEX says customers using digital offerings see nearly 30% average growth
TD SYNNEX has expanded its PartnerFirst digital customer experience with new data-driven commerce capabilities in North America, aiming to provide partners with improved visibility, automation, and insights for accelerating growth. Customers utilizing these digital offerings are reportedly experiencing nearly 30% average growth, outperforming those not leveraging digital solutions. The enhancements include lifecycle stage analysis, new campaign management tools, cloud integration, a mobile app, expanded Digital Bridge connectors, AI assistants, and a new Services Marketplace.
Is TD SYNNEX (SNX) Still Undervalued Or Is AI Demand Priced In?
TD SYNNEX (SNX) has seen strong returns over the past three years, leading to a debate about its current valuation. Despite significant growth, both Discounted Cash Flow and P/E models suggest the stock remains undervalued, indicating a mixed picture for investors. The company's investments in AI-focused manufacturing campuses could drive future cash flows, but also introduce execution and capital allocation risks.
Ceredex Value Advisors LLC Makes New $38.61 Million Investment in TD SYNNEX Corporation $SNX
Ceredex Value Advisors LLC has acquired a new stake of 144,431 shares in TD SYNNEX Corporation, valued at approximately $38.61 million, making it their 21st largest holding. Other institutional investors also adjusted their positions in SNX, with some increasing their holdings. Additionally, two directors of TD SYNNEX recently sold shares, while analysts have largely maintained a "Buy" rating for the stock with an average price target of $294.67.
one8zero8 LLC Buys Shares of 4,250 TD SYNNEX Corporation $SNX
one8zero8 LLC recently acquired 4,250 shares of TD SYNNEX Corporation (NYSE:SNX) for approximately $1.14 million during the second quarter. This move aligns with other institutional investors increasing their positions, as institutional ownership stands at 84%. Analysts maintain a "Buy" rating for TD SYNNEX, with an average price target of $294.67, following strong earnings reporting $4.85 EPS against a $4.14 consensus.
BlackRock Inc. Takes $1.96 Billion Position in TD SYNNEX Corporation $SNX
BlackRock Inc. has acquired a significant position in TD SYNNEX Corporation, purchasing 7.33 million shares valued at approximately $1.96 billion, representing a 9.16% stake. This comes as TD SYNNEX reported strong quarterly results, exceeding analyst expectations with $4.85 EPS and $19.57 billion in revenue. Despite some insider selling, analysts maintain a "Buy" rating for the company with an average price target of $294.67.
TD Synnex Corp (SNX) Shares Fall 3.1% -- GF Value Says Still Overvalued
TD Synnex Corp (SNX) shares recently fell 3.1% to $251.78, yet GuruFocus's GF Value indicates the stock is still 48.2% overvalued with an intrinsic value of $169.90. Despite a strong GF Score of 87/100, highlighting growth and profitability, the valuation and significant insider selling ($44.1M) suggest caution for investors. Thirteen gurus hold the stock, but most have trimmed their positions, reinforcing concerns about its current pricing.
M.D. Sass LLC Purchases Shares of 186,193 TD SYNNEX Corporation $SNX
M.D. Sass LLC has acquired 186,193 shares of TD SYNNEX Corporation (NYSE:SNX) valued at approximately $49.8 million, making it the 17th largest holding in their portfolio. TD SYNNEX reported strong quarterly earnings, beating estimates with $4.85 EPS and a 31% year-over-year revenue increase to $19.57 billion. Analysts generally maintain a "Buy" rating for the stock, with an average price target of $294.67.
Tech Data expands IBM distribution to accelerate partner-led growth across Asia Pacific
Tech Data, a TD SYNNEX company, is expanding its IBM distribution across 20 additional countries in Asia Pacific, Europe, and Latin America. This move aims to enhance access to IBM solutions and support partner-led growth in the region, particularly by extending to six new Asia Pacific markets. The expansion also strengthens the "Select Blue" initiative, providing partners with enablement, financing, and go-to-market support for IBM technologies.
TD SYNNEX (NYSE: SNX) insider sells 2,500 shares via 10b5-1 plan
Dennis Polk, a director and officer of TD SYNNEX (SNX), indirectly sold 2,500 shares of company common stock through the Polk Family Trust on August 17, 2026. The sales were executed in multiple open-market transactions at weighted-average prices ranging from $258.44 to $264.59. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on January 16, 2026, and after these sales, Polk directly holds 22,439 shares.
TD SYNNEX (NYSE: SNX) insider lines up $2.6M share sale
An insider affiliate of TD SYNNEX (NYSE: SNX) has filed to sell 10,000 shares of common stock, valued at approximately $2.6 million, through Morgan Stanley Smith Barney LLC. These shares were originally acquired as Restricted Stock Awards in October 2021, and the planned sale is set for on or after August 17, 2026. The filing also details several prior insider sales over the last three months, some of which were 10b5-1 sales by the Polk Family Trust and direct sales by Dennis Polk.
TD Synnex broadens IBM distribution reach across 20 countries
TD Synnex has expanded its IBM distribution network into 20 additional countries across Europe, Asia-Pacific, and Latin America. This move aims to increase the availability of IBM offerings, provide a consistent partner experience, and help partners grow their IBM-related business through programmes like Select Blue. The expansion focuses on supporting outcome-based solutions and partner growth in new markets, particularly in AI, data, and automation.
10,386 Shares in TD SYNNEX Corporation $SNX Bought by GSA Capital Partners LLP
GSA Capital Partners LLP recently acquired 10,386 shares of TD SYNNEX Corporation (NYSE:SNX) valued at approximately $2.8 million. This investment follows strong quarterly results from TD SYNNEX, which reported a 31% year-over-year revenue increase and beat EPS estimates, maintaining a positive "Buy" consensus rating from analysts. Institutional investors collectively own about 84% of the company's stock, though some insider selling by directors has also occurred.
Assenagon Asset Management S.A. Reduces Holdings in TD SYNNEX Corporation $SNX
Assenagon Asset Management S.A. significantly reduced its stake in TD SYNNEX Corporation (NYSE:SNX) by 48.5% in the second quarter, selling 11,273 shares. Despite this reduction, institutional investors collectively own 84% of the company, and analyst sentiment remains positive with an average "Buy" rating. TD SYNNEX recently reported stronger-than-expected earnings and declared a quarterly dividend of $0.48 per share.
TD SYNNEX (SNX), What Is Behind The Fresh Attention?
TD SYNNEX (SNX) is gaining attention due to its expanded IBM distribution network across 20 new countries and its positioning in the AI infrastructure market. Despite a recent share price surge, the company is considered undervalued with a fair value of $333.55, primarily driven by digital transformation and AI adoption. However, risks like customer concentration and pulled-forward demand exist, urging investors to weigh both encouragements and watchpoints.
Wedge Capital Management L L P NC Has $77.81 Million Position in TD SYNNEX Corporation $SNX
Wedge Capital Management L L P NC reduced its stake in TD SYNNEX Corporation by 24.8% in Q2, retaining 291,043 shares valued at $77.8 million. Despite this, institutional investors hold 84% of the company, which recently reported strong earnings, exceeding estimates with $4.85 EPS and $19.57 billion in revenue. Analyst sentiment remains positive with a consensus "Buy" rating and an average price target of $294.67, even as insiders have sold shares worth approximately $5.4 million over the last 90 days.
TD SYNNEX Expands IBM Distribution to Accelerate Partner-Led Growth Worldwide
TD SYNNEX has expanded its IBM distribution into 20 new countries across Europe, Asia-Pacific, and Latin America, aiming to accelerate partner-led growth globally. This expansion provides partners with greater access to IBM solutions and supports a more consistent partner experience through initiatives like "Select Blue," which focuses on high-growth areas such as AI, data, and automation. The company offers end-to-end capabilities, including enablement, financing, and pre-sales support, to help partners scale their IBM businesses.
TD SYNNEX Expands IBM Distribution to Accelerate Partner-Led Growth Worldwide
TD SYNNEX has expanded its IBM distribution into 20 new countries across Europe, Asia-Pacific, and Latin America. This expansion aims to enhance global scale and promote consistent, partner-led growth by providing wider access to IBM solutions and supporting partners through the Select Blue program. The initiative focuses on high-growth areas like AI, data, and automation, offering end-to-end capabilities to help partners accelerate revenue and scale their IBM business.
