
SYNNEX (SNX) Stock Forecast & Price Target
SYNNEX (SNX) Analyst Ratings
Bulls say
TD Synnex Corp reported a strong performance in fiscal Q3/25, with non-GAAP gross billings increasing by 12% year-over-year, highlighting robust demand within its IT distribution and solutions aggregation business. The financial guidance for fiscal Q4/25 suggests continued momentum, with projected non-GAAP gross billings expected to reach between $23.0 billion and $24.0 billion, representing an 11% increase year-over-year at the midpoint. Additionally, the anticipated non-GAAP EPS range of $3.45 to $3.95 indicates a significant projected growth of 20% year-over-year, reflecting the company's positive financial trajectory.
Bears say
TD Synnex Corp's outlook for fiscal 2025 free cash flow has significantly declined, with management now forecasting $800 million, down from a prior estimate of $1.1 billion. Additionally, revenue performance has been adversely affected, as changes in product mix led to a 7% drop in Americas revenue, a 2% decline in Europe, and a 9% decrease in the Asia-Pacific and Japan region compared to fiscal Q3/24. Despite trading at a discount to its peer group average, the overall financial metrics indicate challenges that contribute to a negative outlook for the company's stock.
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
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