TD SYNNEX Corporation (SNX)

NYSE: SNX · IEX Real-Time Price · USD
130.84
+0.76 (0.58%)
May 31, 2024, 4:00 PM EDT - Market closed
0.58%
Market Cap 11.40B
Revenue (ttm) 56.41B
Net Income (ttm) 632.02M
Shares Out 87.15M
EPS (ttm) 6.87
PE Ratio 19.05
Forward PE 10.89
Dividend $1.60 (1.22%)
Ex-Dividend Date Apr 11, 2024
Volume 485,919
Open 130.08
Previous Close 130.08
Day's Range 128.68 - 130.99
52-Week Range 87.68 - 131.09
Beta 1.51
Analysts Buy
Price Target 120.38 (-7.99%)
Earnings Date Jun 25, 2024

About SNX

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to... [Read more]

Sector Technology
IPO Date Nov 25, 2003
Employees 28,000
Stock Exchange NYSE
Ticker Symbol SNX
Full Company Profile

Financial Performance

In 2023, TD SYNNEX's revenue was $57.56 billion, a decrease of -7.68% compared to the previous year's $62.34 billion. Earnings were $626.91 million, a decrease of -3.75%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for SNX stock is "Buy." The 12-month stock price forecast is $120.38, which is a decrease of -7.99% from the latest price.

Price Target
$120.38
(-7.99% downside)
Analyst Consensus: Buy
Stock Forecasts

News

TD SYNNEX Appoints Alim Dhanji as Chief Human Resources Officer

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today that Alim Dhanji will join the company as its new Chief Human Resources Officer, effective June 10.

2 days ago - Business Wire

TD SYNNEX Net Zero Targets Approved by SBTi

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced its near & long-term science-based emissions reduction targets have been approved by the Science Based Targets initiative (SBTi...

9 days ago - Business Wire

Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom

Hedge funds started cutting their stakes in the Magnificent Seven in the first quarter of 2024 and investing in broader artificial intelligence stocks instead, a new Goldman Sachs analysis shows.

10 days ago - Market Watch

TD SYNNEX Introduces MSP Evolve to Empower MSP Growth Strategies

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX has launched MSP Evolve, a resource designed to optimize operational excellence and accelerate business growth for the unique needs of MS...

10 days ago - Business Wire

TD SYNNEX Launches High-Growth Technology Center of Excellence to Enable Partner Evolution

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX launched a High-Growth Technology Center of Excellence to accelerate partners' ability to tackle complex digital transformation initiativ...

15 days ago - Business Wire

TD SYNNEX Launches IBM® watsonx™ Gold 100 Program to Accelerate AI Opportunities for Partners

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced the launch of their IBM® watsonx™ Gold 100 program.

18 days ago - Business Wire

Tech Data Capital to Launch in Singapore, India, and Australia to Empower Partner Growth Through Flexible Financial Solutions

SINGAPORE--(BUSINESS WIRE)--Tech Data, a TD SYNNEX Company, is launching Tech Data Capital in Singapore, Australia, and India, offering flexible financing solutions powered by selected financial insti...

26 days ago - Business Wire

Hyve Solutions Named Design Partner for NVIDIA HGX Product Line

FREMONT, Calif.--(BUSINESS WIRE)--Hyve Solutions Corporation, a leading provider of hyperscale digital infrastructures, has become a design partner for the NVIDIA HGX platform.

4 weeks ago - Business Wire

TD SYNNEX CommunitySolv Kicks off Spring 2024 Events

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--This week, TD SYNNEX (NYSE:SNX) is kicking off its Spring 2024 programming for CommunitySolv, its North American partner community.

7 weeks ago - Business Wire

Scality and TD SYNNEX partner to meet ransomware protection requirements for organizations in Germany, Austria and Switzerland

Collaboration advances enterprise cyber-resiliency footprint across hybrid environments with immutable object storage software SAN FRANCISCO , April 9, 2024 /PRNewswire/ – Scality , a global leader in...

7 weeks ago - PRNewsWire

TD SYNNEX Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering ...

2 months ago - Business Wire

TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 5,309,299 shares of its co...

2 months ago - Business Wire

TD SYNNEX Announces Pricing of Upsized Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing and upsize of the previously announced secondary publi...

2 months ago - Business Wire

Cyolo Security Announces Partnership with TD SYNNEX

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--TD SYNNEX Partners can now move their clients beyond mere “accessing” to “operating” safely and securely.

2 months ago - Business Wire

TD SYNNEX Reports Fiscal 2024 First Quarter Results; Announces New $2B Share Repurchase Authorization

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal first quarter ended February 29, 2024. Consolidated Financial Highlights for...

Other symbols: M
2 months ago - Business Wire

TD SYNNEX Recognizes Chair Emeritus and Technology Pioneer Matthew Miau

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--In honor of his retirement from the Board of Directors, TD SYNNEX (NYSE: SNX) celebrates the remarkable legacy of Matthew Miau, a visionary leader ...

2 months ago - Business Wire

TD SYNNEX Recognized by NVIDIA Partner Network as Distribution Partner of the Year in the Americas

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) announced it has been selected by the NVIDIA Partner Network (NPN) as the Distribution Partner of the Year in the Americas.

2 months ago - Business Wire

Ping Identity Expands Authorized Training Partner Network with TD SYNNEX and ExitCertified

Extensive training partnerships provide resources and expertise on identity and access management DENVER , March 19, 2024 /PRNewswire/ -- Ping Identity , a leading provider of seamless and secure digi...

2 months ago - PRNewsWire

Hyve Solutions Showcases Next-Generation AI Lifecycle Solutions at NVIDIA GTC AI Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, is showcasin...

2 months ago - Business Wire

ZutaCore's HyperCool Liquid Cooling Technology to Support NVIDIA's Advanced H100 and H200 GPUs for Sustainable AI

Company Showcases First Dielectric Cold Plates for H100 and H200 at GTC 2024 in Boston Limited, Hyve Solutions and Pegatron Booths SAN JOSE, Calif. , March 13, 2024 /PRNewswire/ -- ZutaCore®, a leadin...

2 months ago - PRNewsWire

TD SYNNEX Cloud Labs Accelerates Vendor Go-To-Market Efforts

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX launched Cloud Labs, a solution designed to accelerate go-to-market by giving a virtualized environment for Proof of Concept demos.

3 months ago - Business Wire

TD SYNNEX to Announce First Quarter Fiscal 2024 Results on March 26, 2024

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the first quarter of fiscal 2024 before the U.S. market opens on Tu...

3 months ago - Business Wire

TD SYNNEX Increases AI Offerings Through Expanded NVIDIA Collaboration

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) announced today further expansion of its AI offerings through an expanded collaboration with NVIDIA in North America.

3 months ago - Business Wire

Living Security Announces Partnership with Global IT Solutions Aggregator TD SYNNEX

AUSTIN, Texas--(BUSINESS WIRE)--Living Security, Inc. ("Living Security"), the global leader in Human Risk Management (HRM), today announced a new partnership with TD SYNNEX, a global IT distributor a...

4 months ago - Business Wire

TD SYNNEX Named a 2024 FORTUNE World's Most Admired Company

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it has been named one of the “2024 World's Most Admired Companies” by FORTUNE.

4 months ago - Business Wire