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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
$153.21
Last Close (24-hour delay)
Profit since last BUY22.42%
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WEAK BUY
BUY since 105 days
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  • SELL Advisory (Loss)
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

11/05/2025: SNX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

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$153.21
52w High $167.28

Analysis of Past Performance

Type Stock
Historic Profit 14.72%
Avg. Invested days 48
Today’s Advisory WEAK BUY
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 11/05/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 12.34B USD
Price to earnings Ratio 16.47
1Y Target Price 178.36
Price to earnings Ratio 16.47
1Y Target Price 178.36
Volume (30-day avg) 12
Beta 1.25
52 Weeks Range 91.29 - 167.28
Updated Date 11/8/2025
52 Weeks Range 91.29 - 167.28
Updated Date 11/8/2025
Dividends yield (FY) 1.17%
Basic EPS (TTM) 9.2

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 16.47
Forward PE 11.4
Enterprise Value 16721928977
Price to Sales(TTM) 0.2
Enterprise Value 16721928977
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.27
Enterprise Value to EBITDA 9.55
Shares Outstanding 81437855
Shares Floating 80607189
Shares Outstanding 81437855
Shares Floating 80607189
Percent Insiders 6.67
Percent Institutions 93.36

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. Originally focused on distributing computer components, Synnex expanded into IT solutions and services, becoming a leading distributor in North America.

Company business area logo Core Business Areas

  • Technology Solutions: Distribution of IT products and solutions, including PCs, networking equipment, software, and peripherals.
  • Concentrix (Former Business): Synnex spun off Concentrix (CNXC), its customer engagement services business, in 2020.

leadership logo Leadership and Structure

The leadership team includes key executives in finance, operations, and sales. The organizational structure is hierarchical, with regional and product-specific teams.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • IT Distribution: Distribution of a wide range of IT products from various vendors. Market share data varies by product category. Competitors include Ingram Micro, Tech Data (TD SYNNEX), and Arrow Electronics.
  • Cloud Solutions: Provision of cloud-based services and solutions. Competitors include Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

Market Dynamics

industry overview logo Industry Overview

The IT distribution industry is characterized by intense competition, consolidation, and evolving technology trends. Demand is driven by enterprise IT spending, cloud adoption, and digital transformation initiatives.

Positioning

Synnex is positioned as a leading IT distributor, offering a broad product portfolio and value-added services. Its competitive advantages include strong vendor relationships and efficient logistics.

Total Addressable Market (TAM)

The global IT distribution market is estimated to be in the hundreds of billions of dollars. Synnex captures a significant portion of this TAM through its distribution services.

Upturn SWOT Analysis

Strengths

  • Strong vendor relationships
  • Extensive distribution network
  • Broad product portfolio
  • Efficient logistics

Weaknesses

  • Dependence on key vendors
  • Exposure to cyclical IT spending
  • Lower margins compared to software companies

Opportunities

  • Growth in cloud computing
  • Expansion into new markets
  • Increased demand for cybersecurity solutions

Threats

  • Intense competition
  • Economic downturns
  • Disruptive technologies
  • Supply chain disruptions

Competitors and Market Share

Key competitor logo Key Competitors

  • TD SYNNEX (SNX)
  • Ingram Micro
  • Arrow Electronics (ARW)

Competitive Landscape

Synnex's competitive advantages include its breadth of products, strong vendor relationships, and efficient logistics. Disadvantages include its dependence on key vendors and exposure to cyclical IT spending.

Major Acquisitions

Westcon-Comstor Americas

  • Year: 2017
  • Acquisition Price (USD millions): 800
  • Strategic Rationale: Expanded Synnex's presence in the networking and security markets.

Growth Trajectory and Initiatives

Historical Growth: Synnex's historical growth has been driven by acquisitions, organic expansion, and growth in the IT market.

Future Projections: Future growth is projected to be driven by cloud adoption, cybersecurity, and digital transformation trends. Analyst estimates vary based on market conditions.

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

Summary

Synnex is a major IT distributor benefiting from strong vendor relationships and efficient logistics. It navigates a competitive market with cyclical IT spending. Growth opportunities lie in cloud services and cybersecurity, while threats include economic downturns and evolving technologies. Its financial performance needs to be consistently monitored.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Financial data is subject to change. Market share information may vary by source.

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.