
SYNNEX (SNX) Stock Forecast & Price Target
SYNNEX (SNX) Analyst Ratings
Bulls say
TD Synnex is a leading distributor and solutions aggregator in the growing IT ecosystem, with strong demand for its products and services reflected in its impressive Q2 results and positive EPS forecasts for the next two fiscal years. The company's focus on hyperscale solutions and recent partnerships demonstrate a strategic approach to positioning itself for future growth. While potential risks such as slower growth and supply chain issues exist, the recent warrant from Amazon suggests potential for increased spending and success for the company.
Bears say
TD Synnex is facing potential margin headwinds due to increased growth investments and lower growth from the cloud end markets, resulting in a downside scenario of $200 based on ~11x FY27E EPS. However, over the medium term, the company expects to generate significant FCF and return 50-75% of FCF to shareholders. While the company's recent revenue acceleration may signal potential upside, we believe the current valuation of ~15.5x FY27E EPS is not justified given potential challenges and risks facing the company.
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