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SNX 1-star rating from Upturn Advisory
Synnex Corporation (SNX) company logo

Synnex Corporation (SNX)

Synnex Corporation (SNX) 1-star rating from Upturn Advisory
$152.48
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Upturn Advisory Summary

11/28/2025: SNX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

3 star rating from financial analysts

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $178.36

1 Year Target Price $178.36

Analysts Price Target For last 52 week
$178.36 Target price
52w Low $91.29
Current$152.48
52w High $167.28

Analysis of Past Performance

Type Stock
Historic Profit 9.54%
Avg. Invested days 49
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/28/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 12.57B USD
Price to earnings Ratio 16.59
1Y Target Price 178.36
Price to earnings Ratio 16.59
1Y Target Price 178.36
Volume (30-day avg) 12
Beta 1.25
52 Weeks Range 91.29 - 167.28
Updated Date 11/30/2025
52 Weeks Range 91.29 - 167.28
Updated Date 11/30/2025
Dividends yield (FY) 1.16%
Basic EPS (TTM) 9.19

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate 3.04
Actual 3.58

Profitability

Profit Margin 1.27%
Operating Margin (TTM) 2.47%

Management Effectiveness

Return on Assets (TTM) 2.76%
Return on Equity (TTM) 9.32%

Valuation

Trailing PE 16.59
Forward PE 10.6
Enterprise Value 15782136130
Price to Sales(TTM) 0.21
Enterprise Value 15782136130
Price to Sales(TTM) 0.21
Enterprise Value to Revenue 0.26
Enterprise Value to EBITDA 9.02
Shares Outstanding 81437855
Shares Floating 80580314
Shares Outstanding 81437855
Shares Floating 80580314
Percent Insiders 6.67
Percent Institutions 93.38

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Synnex Corporation

Synnex Corporation(SNX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Synnex Corporation was founded in 1980. It initially focused on IT distribution and has since grown through acquisitions and organic growth to become a leading provider of technology solutions and supply chain services.

Company business area logo Core Business Areas

  • Technology Solutions: Provides IT distribution, cloud solutions, and services to resellers, retailers, and system integrators.
  • Concentrix: Customer engagement and business performance solutions (Concentrix became a separate company in 2020). *Note: Concentrix is no longer part of Synnex, but is mentioned because it was formerly a core part of the business.*

leadership logo Leadership and Structure

Synnex Corporation is led by a board of directors and executive management team. The organizational structure is divided into business units focused on specific products, services, and customer segments.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • IT Distribution: Synnex distributes a wide range of IT products, including hardware, software, and peripherals from leading manufacturers. Market share data is difficult to pinpoint precisely due to the fragmented nature of distribution, but Synnex is a major player. Competitors include TD Synnex (SNX), Ingram Micro, and Arrow Electronics (ARW).
  • Cloud Solutions: Synnex offers cloud solutions, including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). Market share varies by specific cloud solution. Competition: Amazon Web Services (AMZN), Microsoft Azure (MSFT), Google Cloud Platform (GOOGL).

Market Dynamics

industry overview logo Industry Overview

The IT distribution industry is characterized by intense competition, evolving technology, and increasing demand for cloud-based solutions and services.

Positioning

Synnex is positioned as a leading provider of technology solutions and supply chain services. Its competitive advantages include a broad product portfolio, strong vendor relationships, and a global reach.

Total Addressable Market (TAM)

The global IT spending market is in the trillions of USD. Synnex captures a portion of this TAM through its distribution and solutions offerings. Its position in the channel allows it to indirectly benefit from growth in various IT spending areas.

Upturn SWOT Analysis

Strengths

  • Strong vendor relationships
  • Broad product portfolio
  • Global reach
  • Established distribution network
  • Expertise in supply chain management

Weaknesses

  • Reliance on vendor partners
  • Exposure to economic cycles
  • Thin profit margins in distribution
  • Competitive pressures

Opportunities

  • Expansion into new geographic markets
  • Growth in cloud computing and related services
  • Acquisitions of complementary businesses
  • Increased demand for IT solutions and services

Threats

  • Economic downturns
  • Disruptive technologies
  • Increased competition
  • Changes in vendor programs
  • Supply chain disruptions

Competitors and Market Share

Key competitor logo Key Competitors

  • SNX
  • ARW
  • AVT

Competitive Landscape

Synnex faces intense competition from other IT distributors and service providers. It competes on price, product selection, and service quality.

Major Acquisitions

Westcon-Comstor Americas

  • Year: 2017
  • Acquisition Price (USD millions): 830
  • Strategic Rationale: Expanded Synnex's presence in the security, collaboration, networking, and data center markets.

Growth Trajectory and Initiatives

Historical Growth: Synnex has grown organically and through acquisitions. Growth has been driven by increased demand for IT solutions and services.

Future Projections: Analysts project continued growth for Synnex, driven by growth in cloud computing, cybersecurity, and other emerging technologies.

Recent Initiatives: Recent initiatives include expanding cloud solutions, investing in cybersecurity, and strengthening vendor relationships.

Summary

Synnex is a major IT distributor with a broad product portfolio and strong vendor relationships. Its thin profit margins and reliance on vendors are ongoing challenges. The company is positioned to benefit from growth in cloud computing and other emerging technologies. However, economic downturns and increased competition pose risks.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Financial data is based on historical performance and is not indicative of future results.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Synnex Corporation

Exchange NYSE
Headquaters Fremont, CA, United States
IPO Launch date 2003-11-25
CEO, President & Director Mr. Patrick Zammit
Sector Technology
Industry Electronics & Computer Distribution
Full time employees 23000
Full time employees 23000

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. It offers endpoint solutions, including personal computing devices and peripherals, mobile phones and accessories, printers, and supplies; and advanced solutions comprising data center technologies, such as hybrid cloud, security, storage, networking, servers, software, converged and hyper-converged infrastructure, and hyperscale infrastructure. The company also provides design, integration, test and other production value-added solutions, such as thermal testing, power-draw efficiency testing, burn-in, quality, and logistics support; logistics services; depot repair and customer management services; and cloud services, including public cloud solutions in productivity and collaboration, infrastructure as a service, platform as a service, software as a service, security, mobility, AI, and other hybrid solutions. In addition, it offers online services; financing options, including net terms, third party leasing, floor plan financing and letters-of-credit backed financing and arrangements, as well lease products to reseller customers and their end-users and provides device-as-a-service to end-users; and Marketing Services comprising direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.