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Synnex Corporation (SNX)

Upturn stock ratingUpturn stock rating
$149.57
Last Close (24-hour delay)
Profit since last BUY19.17%
upturn advisory
Consider higher Upturn Star rating
BUY since 57 days
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Upturn Advisory Summary

08/28/2025: 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$149.57
52w High $153.7

Analysis of Past Performance

Type Stock
Historic Profit 11.66%
Avg. Invested days 42
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 08/28/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 12.21B USD
Price to earnings Ratio 17.34
1Y Target Price 156.64
Price to earnings Ratio 17.34
1Y Target Price 156.64
Volume (30-day avg) 12
Beta 1.22
52 Weeks Range 91.55 - 153.70
Updated Date 08/29/2025
52 Weeks Range 91.55 - 153.70
Updated Date 08/29/2025
Dividends yield (FY) 1.15%
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 17.34
Forward PE 11.15
Enterprise Value 15673207006
Price to Sales(TTM) 0.2
Enterprise Value 15673207006
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.26
Enterprise Value to EBITDA 9.44
Shares Outstanding 82467104
Shares Floating 73439408
Shares Outstanding 82467104
Shares Floating 73439408
Percent Insiders 6.54
Percent Institutions 93.64

ai summary icon Upturn AI SWOT

Synnex Corporation

stock logo

Company Overview

overview logo History and Background

Synnex Corporation was founded in 1980 and grew to become a leading distributor of IT products and services. In 2021, Synnex merged with Tech Data, forming TD SYNNEX.

business area logo Core Business Areas

  • Technology Solutions: TD SYNNEX's Technology Solutions segment distributes IT products, including hardware, software, and peripherals, to resellers, retailers, and system integrators.
  • Endpoint Solutions: This segment focuses on distributing mobility, PC, and accessories for the consumer market.

leadership logo Leadership and Structure

Rich Hume is the CEO of TD SYNNEX. The company operates with a global structure, organized by geographic regions and business segments.

Top Products and Market Share

overview logo Key Offerings

  • IT Distribution: TD SYNNEX distributes a wide range of IT products, including PCs, servers, networking equipment, software, and peripherals. As one of the largest IT distributors globally, market share figures fluctuate. Competitors include Ingram Micro, and D&H Distributing. Revenue from distribution is the primary source of income.
  • Cloud Solutions: TD SYNNEX offers cloud solutions and services, helping businesses migrate to and manage cloud environments. The cloud market is very large and competitive and market share figures fluctuate. Competitors include Ingram Micro Cloud, AWS, Microsoft Azure, and Google Cloud. Revenue from cloud solutions has been growing rapidly.

Market Dynamics

industry overview logo Industry Overview

The IT distribution industry is characterized by intense competition, rapid technological advancements, and evolving customer demands. Consolidation is common.

Positioning

TD SYNNEX is a leading global IT distributor, leveraging its scale and reach to offer a comprehensive portfolio of products and services. It has a competitive advantage in logistics and global reach.

Total Addressable Market (TAM)

The global IT distribution market is estimated to be in the hundreds of billions of dollars. TD SYNNEX is positioned to capture a significant share of this TAM through its extensive network and broad product offerings.

Upturn SWOT Analysis

Strengths

  • Global scale and reach
  • Extensive product portfolio
  • Strong relationships with vendors and customers
  • Efficient logistics and supply chain management
  • Experienced management team

Weaknesses

  • Dependence on vendors
  • Exposure to economic cycles
  • Competitive pressures
  • Thin profit margins
  • Complex integration after mergers

Opportunities

  • Growth in cloud computing
  • Expansion into new markets
  • Increasing demand for IT security solutions
  • Consolidation in the IT distribution industry
  • Emerging technologies like AI and IoT

Threats

  • Economic downturns
  • Disruptive technologies
  • Cybersecurity threats
  • Increased competition
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • Ingram Micro
  • D&H Distributing
  • Arrow Electronics (ARW)
  • Tech Data before merger

Competitive Landscape

TD SYNNEX benefits from its scale and reach but faces intense competition. Differentiation through value-added services and customer relationships is crucial.

Major Acquisitions

Tech Data

  • Year: 2021
  • Acquisition Price (USD millions): 7200
  • Strategic Rationale: To create a leading global IT distributor with enhanced scale and reach.

Growth Trajectory and Initiatives

Historical Growth: TD SYNNEX's historical growth should be analyzed based on the combined performance of Synnex and Tech Data prior to the merger, and as a combined entity after the merger.

Future Projections: Future growth projections should be based on analyst estimates for TD SYNNEX (SNX), considering the growth prospects of the IT distribution and cloud services markets.

Recent Initiatives: Recent initiatives include integrating the Synnex and Tech Data businesses, expanding cloud services offerings, and investing in new technologies.

Summary

TD SYNNEX is a leading global IT distributor with a strong market position and extensive product portfolio. The company benefits from its scale and reach, but faces intense competition and economic pressures. Growth opportunities lie in cloud computing, emerging markets, and value-added services. The key is successful integration and management of the combined businesses of Synnex and Tech Data.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • TD SYNNEX Investor Relations
  • Industry Reports
  • Analyst Reports
  • Company Filings (SEC)

Disclaimers:

The information provided is for informational purposes only and should not be construed as financial advice. Market conditions and company performance are subject to change. Consult with a qualified financial advisor before making any investment decisions.

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.