TD SYNNEX Corporation research snapshot
SNX AI stock analysis currently views TD SYNNEX as a scaled technology distributor benefiting from broad demand across endpoint, cloud, advanced solutions, and Hyve infrastructure. The fiscal 2026 second quarter showed record revenue and a sharp increase in operating income, but the business remains structurally low-margin and working-capital intensive. At the July 11, 2026 data cutoff, StockAnalysis showed SNX at $254.20 with 79.96 million shares outstanding, and financial_rigor.py mechanically verified a market value of about $20.33 billion. The SNX AI stock forecast is scenario-based rather than a precise prediction. This page is informational research, not investment advice.
Current price
$254.20
Market cap
$20.33 billion
AI score
72 / 100
Rating
Strong execution, thin-margin and cycle-sensitive
Trend status
Above long-term trend reference, near short-term support
Data cutoff (updated weekly)
July 11, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | TD SYNNEX connects technology vendors with resellers, integrators, and end customers, adding financing, logistics, cloud, lifecycle, and solution services to product distribution. | High |
| Moat | Global scale, vendor relationships, credit infrastructure, inventory logistics, and partner reach are meaningful advantages, but switching costs and pricing power are limited in distribution. | Medium-high |
| Management | CEO Patrick Zammit has led the company since September 2024 after serving as COO. The key management test is turning revenue and gross-billing growth into durable margins and cash flow. | Medium |
| Financial trend | FY2026 Q2 revenue rose 31.0% year over year to $19.575 billion, while GAAP operating income rose 58.3% to $519 million and GAAP diluted EPS was $4.15. | High |
| Valuation | Using the $254.20 quote and $13.95 trailing EPS supplied by StockAnalysis, financial_rigor.py verified about 18.22x trailing earnings, 2.25x book value, and a 0.76% indicated dividend yield. | Medium |
| Technical trend | The July snapshots placed SNX near its 50-day average and well above the 200-day reference, while still below the $296.47 52-week high. That is constructive but not a confirmed breakout. | Medium |
| Risk level | Risk is moderate to high because gross margin is thin, inventory and receivables are large, supplier and customer terms matter, and technology spending can reverse quickly. | High |
| AI confidence | High for historical filings, current quote math, and the business map. Medium for technical levels and future earnings because they change with market conditions and vendor programs. | High data confidence |
| Investment certainty | Medium certainty. Scale and recent execution are real, but a distributor should be judged on margin resilience, cash conversion, and balance-sheet discipline rather than revenue growth alone. | Medium |
SNX AI stock forecast
The SNX AI stock forecast uses a three-year scenario framework around the $254.20 July 10 intraday quote, not a point target. financial_rigor.py modeled $13.95 trailing EPS with 15%, 8%, and negative 5% annual EPS growth, then 18x, 14x, and 10x exit multiples. The mechanical outcomes were about $381.90, $246.00, and $119.60 before dividends, taxes, execution risk, or changes in the share count.
$330 to $382
More likely if advanced solutions, cloud, and infrastructure demand remain strong, gross-margin execution holds, supplier programs stay supportive, working capital normalizes, and earnings compound near the modelled 15% rate.
$220 to $270
More likely if revenue grows but normalizes after the Q2 surge, margins remain low but stable, and investors value the company around a mid-teens earnings multiple.
$120 to $200
More likely if IT spending weakens, supplier terms deteriorate, inventory or credit losses rise, margins compress, or the market assigns a lower cycle-sensitive distribution multiple.
SNX AI technical analysis
SNX AI technical analysis uses the $254.20 July 10 intraday StockAnalysis snapshot and moving-average references published around July 6. StockAnalysis listed a 50-day moving average of $252.46, while TipRanks listed a 200-day simple moving average of $182.35. These are static references, so confirm live price, volume, and earnings timing before acting.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $254.20 | StockAnalysis intraday snapshot at 11:23 AM EDT on July 10, 2026. It is not a live quote. |
| Near support | $230 to $252 | The 50-day average near $252.46 is the first trend reference. The late-May and early-June price area near $230 provides a broader support zone. |
| Near resistance | $272 to $296 | June trading reached the high-$270s, and StockAnalysis listed a 52-week high of $296.47. A move through this area needs volume confirmation. |
| 50-day moving average | About $252.46 | StockAnalysis statistic published around July 6, 2026. It is an approximate historical reference. |
| 200-day moving average | About $182.35 | TipRanks statistic published around July 6, 2026. Price was above this longer-term trend reference in the cited snapshots. |
| Momentum | Constructive, not confirmed | SNX was near the 50-day reference and below the 52-week high, so a sustained hold above the short-term average is more informative than a one-day move. |
| Volume | Confirm against current average volume | Volume can change sharply around earnings and vendor demand. Use current chart volume rather than this static page for confirmation. |
| Volatility | Beta 1.43 | StockAnalysis listed beta of 1.43 around the cutoff, indicating sensitivity to market and technology-cycle moves. |
| Invalidation | Sustained failure below $230 | A break below the broader support zone alongside weaker guidance or margin evidence would weaken a trend-following thesis. |
SNX AI trading strategy
The SNX AI trading strategy is a non-personalized framework for monitoring a technology-distribution stock. It does not replace an investor’s own risk limits, tax analysis, or current quote and earnings review.
Monitor whether SNX holds above the $252 50-day area and then clears the $272 to $296 resistance band with stronger volume. Pair the chart check with evidence that enterprise IT demand and gross margins are holding.
Invalidate the setup on a sustained break below $230, a material margin miss, or signs that inventory and receivables are rising faster than demand.
If SNX revisits $230 to $252 while Q3 guidance, vendor relationships, and credit quality remain intact, wait for price stabilization and a recovery above the short-term average before treating the pullback as constructive.
Do not average down solely because price fell. Reassess if the decline follows weaker IT spending, supplier-program changes, or cash-conversion deterioration.
Track revenue, gross margin, operating margin, gross billings, free cash flow, inventory, accounts receivable, borrowings, share repurchases, and the fiscal Q3 non-GAAP EPS outlook of $4.25 to $4.75.
Reduce confidence if strong revenue growth is not matched by stable margins and working-capital discipline, or if a major vendor or customer relationship changes.
Investment research summary
Vendors pay TD SYNNEX to reach a broad channel, while resellers and integrators use its product access, logistics, financing, cloud, and service capabilities to serve end customers without carrying the full infrastructure themselves.
Scale in vendor relationships, trade credit, multi-country logistics, inventory management, and channel data creates an operating moat. The limitation is that the model has thin gross margins and is vulnerable to competitive terms.
The thesis fails if technology spending drops, large suppliers or customers consolidate or change terms, inventory turns worsen, receivables create losses, or revenue growth hides margin pressure and negative cash conversion.
Patrick Zammit became CEO in September 2024 after operating roles at TD SYNNEX and prior distribution experience. His capital-allocation test is managing growth, working capital, debt, and shareholder returns through the cycle.
Cloud, cybersecurity, AI infrastructure, endpoint refreshes, and managed services can expand channel opportunity. The same trends can shift vendor economics, shorten product cycles, and create demand or inventory swings.
The verified 18.22x trailing PE leaves less protection if recent earnings momentum fades. A margin of safety would require confidence that profit and cash conversion can hold through a normal technology spending cycle.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| SNX price and shares outstanding | $254.20 and 79.96M shares | StockAnalysis quote and statistics snapshot | July 11, 2026 |
| Market capitalization | $20.33B, mechanically verified as price times shares | StockAnalysis plus financial_rigor.py | July 11, 2026 |
| FY2025 revenue and net income | $62.51B revenue and $820.17M net income | TD SYNNEX FY2025 10-K and StockAnalysis | July 11, 2026 |
| FY2026 Q2 revenue and gross margin | $19.575B revenue, up 31.0%; 6.84% gross margin | TD SYNNEX FY2026 Q2 results | July 11, 2026 |
| FY2026 Q2 earnings | $519M GAAP operating income, $334M GAAP net income, and $4.15 GAAP diluted EPS | TD SYNNEX FY2026 Q2 results | July 11, 2026 |
| Cash and borrowings at May 31, 2026 | $1.094B cash; $1.126B current borrowings; $3.594B long-term borrowings | TD SYNNEX FY2026 Q2 balance sheet | July 11, 2026 |
| Fiscal Q3 outlook | Non-GAAP diluted EPS of $4.25 to $4.75; revenue of $18.2B to $19.0B | TD SYNNEX FY2026 Q2 results | July 11, 2026 |
| Technical reference levels | 50-day average $252.46; 200-day average $182.35; 52-week range $139.23 to $296.47 | StockAnalysis and TipRanks technical snapshots | July 11, 2026 |
This page is an informational tool, not investment advice or a recommendation to buy or sell SNX. Forecasts are scenarios based on available data and assumptions, may be wrong, and can change with market prices, company results, technology spending, supplier terms, or new information.
Design trading strategies visually with 10+ indicators. Set entry/exit conditions and risk management, then generate Pine Script code with no coding required.
Filter and discover stocks based on market cap, dividend yield, P/E ratio, sector, and more. Screen thousands of stocks with real-time data.
Smart AI-driven stock selection with fundamental screening, analyst estimates, and key metrics. Filter by P/E, market cap, dividends, and more.
