UBS Reiterates Buy Rating on TD SYNNEX Corporation
UBS maintains its buy rating with a $352 price target for TD SYNNEX, a 30.80% upside from the current price.
Key Points
- UBS reiterated its buy rating for TD SYNNEX, setting a price target of $352.
- UBS's $352 price target implies 30.80% upside from TD SYNNEX Corporation's ($SNX) current $269.12 share price.
- TD SYNNEX traded at $275.9 on Friday, with a market cap of $22.38 billion and a P/E ratio of 19.92.
- Insider selling included planned sales by Dennis Polk and Richard Hume, while analysts maintain positive outlooks.
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UBS has reiterated its buy rating on TD SYNNEX Corporation (NYSE:SNX), maintaining a price target of $352. This update from analyst David Vogt was released on June 26, 2026.
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TD SYNNEX Corporation Stock Up 6.0%
Shares of NYSE:SNX traded near $275.9 on Friday. TD SYNNEX has a market cap of approximately $22.38 billion and a P/E ratio of 19.92. The stock's 52-week range is between $133.71 and $296.47, with a 50-day moving average of $247.19 and a 200-day moving average of $180.12. The company's beta is 1.436, indicating a higher volatility compared to the market.
$SNX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In its recent earnings report, TD SYNNEX reported revenue of $65.14 billion, reflecting a growth rate of 18.1%. The company's net margin stands at 1.51%, with a return on equity of 11.73%. The earnings per share is $13.94. The next earnings date is scheduled for June 25, 2026.
Dividend
TD SYNNEX offers an annual dividend rate of $1.92, yielding 0.68%. The dividend payout ratio is 14.99%, indicating a conservative approach to dividend distribution.
Insider Buying and Selling at TD SYNNEX Corporation
Recent insider activity at TD SYNNEX includes planned sales by Dennis Polk, Chair of Hyve Solutions, who sold 2,500 shares on June 15, 2026, at an average price of $284.33. Richard Hume also executed planned sales on several occasions, including 5,000 shares on June 2, 2026, at $280.38.
Analysts Set New Price Targets
On June 26, 2026, UBS maintained its buy rating for TD SYNNEX with a $352 price target. Barrington Research also maintained a buy rating with a $325 target, while Morgan Stanley set a higher target of $374. The consensus among analysts remains positive, with a mean target price of $276.18 based on 11 opinions.
About TD SYNNEX
TD SYNNEX Corporation is a major distributor and solutions aggregator in the IT sector, providing a wide range of products and services. The company operates globally, serving various resellers and integrators. Headquartered in Fremont, California, TD SYNNEX is led by CEO Mr. Patrick Zammit and employs about 24,000 people.
Bottom Line
TD SYNNEX remains a focal point for investors with UBS reiterating its buy rating and setting a high target price. The company's strong market position and recent earnings growth make it a stock to watch. As always, 13F filings and analyst ratings provide a snapshot of past activity and sentiment, not necessarily a reflection of current conditions.
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