
SYNNEX (SNX) Stock Forecast & Price Target
SYNNEX (SNX) Analyst Ratings
Bulls say
TD Synnex is expected to continue its strong financial performance with a focus on diversification and AI technology, as evidenced by exceeding Q1 expectations and projecting continued growth in Q2. Their solid balance sheet and sustainable practices through the PartnerFirst platform make them a strong investment choice for the future, with a current target price of $202.
Bears say
TD Synnex is facing headwinds in revenue growth and profitability due to a decline in adjusted EBITDA margins and a decline in gross billings growth. This negative outlook is supported by a recent materiality assessment prioritizing DE&I as well as environmental and governance concerns, indicating potential issues in the company's operations and reputation. Additionally, while TD Synnex is a leading IT distributor, its high FY25 revenues at ~$62 billion and its market dominance in the cloud solutions aggregation and orchestration space may not be sustainable as the company faces increasing competition in the tech industry.
This aggregate rating is based on analysts' research of SYNNEX and is not a guaranteed prediction by Public.com or investment advice.
SYNNEX (SNX) Analyst Forecast & Price Prediction
Start investing in SYNNEX (SNX)
Order type
Buy in
Order amount
Est. shares
0 shares