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Synnex Corporation (SNX)

Upturn stock ratingUpturn stock rating
$149.7
Last Close (24-hour delay)
Profit since last BUY19.27%
upturn advisory
Consider higher Upturn Star rating
BUY since 69 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

09/16/2025: SNX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

12 Analysts rated it

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

1 Year Target Price $156.64

1 Year Target Price $156.64

Analysts Price Target For last 52 week
$156.64 Target price
52w Low $91.55
Current$149.7
52w High $154.44

Analysis of Past Performance

Type Stock
Historic Profit 11.76%
Avg. Invested days 43
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/16/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 12.35B USD
Price to earnings Ratio 17.53
1Y Target Price 156.64
Price to earnings Ratio 17.53
1Y Target Price 156.64
Volume (30-day avg) 12
Beta 1.25
52 Weeks Range 91.55 - 154.44
Updated Date 09/16/2025
52 Weeks Range 91.55 - 154.44
Updated Date 09/16/2025
Dividends yield (FY) 1.13%
Basic EPS (TTM) 8.54

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin 1.21%
Operating Margin (TTM) 2.2%

Management Effectiveness

Return on Assets (TTM) 2.71%
Return on Equity (TTM) 8.91%

Valuation

Trailing PE 17.53
Forward PE 11.35
Enterprise Value 15893394106
Price to Sales(TTM) 0.21
Enterprise Value 15893394106
Price to Sales(TTM) 0.21
Enterprise Value to Revenue 0.26
Enterprise Value to EBITDA 9.58
Shares Outstanding 82467104
Shares Floating 73441882
Shares Outstanding 82467104
Shares Floating 73441882
Percent Insiders 6.54
Percent Institutions 93.51

ai summary icon Upturn AI SWOT

Synnex Corporation

stock logo

Company Overview

overview logo History and Background

Synnex Corporation was founded in 1980. It is a leading business process services company, partnering with technology providers to help them grow and deliver value to the IT and consumer electronics channels.

business area logo Core Business Areas

  • Technology Solutions: Distributes IT products and solutions to resellers, system integrators, and retailers. This includes hardware, software, and services.
  • Concentrix: Provides customer engagement and business process outsourcing services. Formerly a SYNNEX business segment, it is now a publicly-traded independent company (CNXC). It started as a division in Synnex.

leadership logo Leadership and Structure

The leadership team includes experienced executives in technology distribution and business process services. The organizational structure is segmented by business function and geography.

Top Products and Market Share

overview logo Key Offerings

  • IT Distribution: Distribution of IT hardware, software, and peripherals from leading manufacturers. Competitors include Ingram Micro, Tech Data (now TD SYNNEX), and D&H Distributing. Market share data is difficult to pinpoint precisely due to the fragmented nature of distribution, but SYNNEX/TD SYNNEX is a leading player in North America. Revenue from this product makes up most of the company's income.
  • Cloud Solutions: Provides cloud-based services and solutions. Competitors include AWS, Microsoft Azure, Google Cloud Platform, and other cloud service providers.

Market Dynamics

industry overview logo Industry Overview

The IT distribution industry is competitive, with companies vying for market share by offering a wide range of products and services. The customer experience outsourcing market is large and growing.

Positioning

Synnex Corporation (now TD SYNNEX post-merger) is positioned as a leading IT distributor, providing value-added services to its channel partners. TD SYNNEX is the number one or two distributor globally.

Total Addressable Market (TAM)

The Global IT distribution market is in the hundreds of billions of dollars annually. TD SYNNEX is positioned to capture a significant portion of this TAM.

Upturn SWOT Analysis

Strengths

  • Strong distribution network
  • Wide range of products and services
  • Strong relationships with vendors
  • Global presence
  • Diversified revenue streams

Weaknesses

  • Dependence on vendors
  • Competitive industry
  • Thin profit margins
  • Exposure to economic cycles

Opportunities

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

Threats

  • Economic downturns
  • Increased competition
  • Technological changes
  • Disruption from direct-to-consumer models

Competitors and Market Share

competitor logo Key Competitors

  • Ingram Micro (privately held)
  • D&H Distributing (privately held)
  • Arrow Electronics (ARW)
  • Avnet (AVT)

Competitive Landscape

TD SYNNEX (SNX) holds a strong position due to its broad product portfolio and established relationships. However, competitors are aggressively pursuing market share.

Major Acquisitions

Tech Data

  • Year: 2021
  • Acquisition Price (USD millions): 7200
  • Strategic Rationale: The acquisition of Tech Data created a global IT distribution powerhouse, expanding market reach and product offerings.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by acquisitions and organic expansion.

Future Projections: Analyst estimates are available from financial news sources.

Recent Initiatives: Recent initiatives focus on cloud solutions and expanding into new markets.

Summary

TD SYNNEX (SNX) is a major player in IT distribution, benefiting from a large scale and diverse product offerings. However, it operates in a competitive industry with thin margins, making it essential to manage costs and maintain strong vendor relationships. Growth opportunities exist in cloud solutions and new markets, while economic cycles and technological changes pose potential risks. The company has a strong fundamental profile thanks to acquisitions of important companies such as Tech Data, creating a powerful global player.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Market research reports
  • Financial news sources

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.