TickerTalks
Browse all tickers →
TickerTalks›$SNX
SNSNX

TD Synnex Corp

Hot onWhy it's trendingX chatter spiked vs its recent normBacked by solid revenue growthBullish-leaning chatter
$SNX·$21B·Technology Distributors·Technology
$268.50-0.6%YTD+78.8%1Y+99.0%
Mentions · last 7 days
2026-06-22: 29 posts2026-06-23: 31 posts2026-06-24: 26 posts2026-06-25: 66 posts2026-06-26: 13 posts2026-06-27: 59 posts2026-06-28: 70 posts296+23%
Price updated 1m ago·X counts updated 2d ago
SNSNX
$SNXTD Synnex Corp
$268.50-0.57%296 posts+23%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $SNX, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-06-30

The move is getting stronger, with heavier trading behind it.

TD SYNNEX shattered Q2 expectations with $19.6B record revenue and lifted Q3 guidance above consensus — IT distribution is the cleanest read on enterprise AI demand.

TD SYNNEX is the largest US IT distributor — moving Cisco, Dell, HPE, AWS, Microsoft and the rest of the enterprise IT stack to roughly 150,000 reseller customers — plus the Hyve hyperscale-server segment that builds custom AI servers for cloud customers. The stock has run 99% over the past year and just made fresh all-time highs.

Why the move keeps extending:

  • The Q2 print was an unambiguous blowout: record revenue of $19.6B (up 31% YoY) with EPS of $4.85 vs $4.14 expected, Q3 EPS guide above consensus and revenue above consensus — the kind of beat-and-raise that signals enterprise IT spending is genuinely re-accelerating after years of digestion.
  • The Hyve segment is the load-bearing AI piece: Hyve builds custom AI servers for hyperscalers and is the highest-growth slice of the mix; broad-based growth plus Hyve strength was the explicit driver in the Q2 commentary, validating the read-through that AI capex is filtering down to the channel and not just the chip makers.
  • The valuation still leaves room: trailing P/E 19.8 with 78% YTD return and the new ATH at $299 after-hours, the equity is no longer cheap but FY27 EPS consensus of $18+ implies roughly 14x forward — for a high-throughput, low-margin distribution business inflecting on AI volumes, that's a defensible multiple.

September 24 Q3 earnings is the next decision — a beat-and-raise that confirms Hyve AI server volumes accelerating plus broad-based reseller demand restarts the move toward $300+ levels. A guide that flattens the Hyve growth rate, a hyperscaler capex pause that hits the AI-server pipeline, or a margin compression surprise from supplier renegotiation is what would actually break the rhythm.

Agrees with X sentimentX is bullish on the record $19.6B revenue, the $4.85 EPS vs $4.14 expected, the Q3 guide above consensus on both lines, the new ATH at $299 after-hours, and the strong enterprise IT read-through — and the actual Q2 print plus the management commentary on Hyve segment strength do back the thesis. The separate Synthetix DeFi crypto thread is a different asset and not load-bearing on the equity.

What to watch: September 24 Q3 earnings — a beat-and-raise that confirms Hyve AI server volumes accelerating plus broad-based reseller demand restarts the move toward $300+ levels; a guide that flattens Hyve growth, a hyperscaler capex pause that hits the AI-server pipeline, or a margin compression surprise from supplier renegotiation breaks the rhythm.

On the calendar: 2026-09-24 — Q3 earnings

record quarterly revenueguidance raisehyve ai serversnear athenterprise it recovery

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment15 posts analyzed · as of 2026-06-29

TD SYNNEX shattered Q2 expectations with revenue at $19.6B (record), EPS $4.85 vs $4.14 expected. Q3 EPS guide above consensus and revs above consensus. SNX made a new ATH at 299 after-hours while indexes gapped down. Bulls cite the strong enterprise IT read-through. A separate Synthetix DeFi crypto $SNX thread runs alongside with V3 upgrade anticipation and falling-wedge breakout. Sierra Nevada Gold ($SNX) Saudi project (As Safra) appears in a third thread. The /USDT trade hit +80% in 20 hours. Tone is dominantly bullish on the earnings beat and Synthetix upgrade.

Read the AI verdict + X sentiment for $SNX

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem in the United States, Europe, and internationally. 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 and field 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.

Industry overviewAI analysisGenerated by AI from underlying data

Where Technology Distributors sits in its cycle right now — and what that implies for $SNX.

Technology Distributors · Technology

Enterprise AI hardware procurement and server refresh remain the structural tailwind — Arrow Electronics' Q1 beat and $1B buyback confirms sustained channel demand for semiconductors and enterprise computing in AI infrastructure buildouts. The top chatter this week (INHD) reflects consumer electronics recycling demand, a separate cycle from the enterprise distribution tailwind.

Top industry ETF

$XLKTechnology Select Sector SPDR
+27.3%YTD
+46.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
19.8How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
12.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
2.6%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
1.7%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
0.3Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
17.5%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
6.8%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.1Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026Jun 25, 2026$4.85$4.14+17.1%
Q4 2025Mar 31, 2026$4.73$3.29+43.8%
Q4 2025Jan 8, 2026$3.83$3.68+4.1%
Q2 2025Sep 25, 2025$3.58$3.05+17.4%
Next earningsThu, Sep 24·consensus EPS $4.57

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$19.6B+31.0%6.8%2.7%$4.16$-332.4M
Q1 FY26$17.2B+18.1%7.3%2.9%$4.05$-929.0M
Q4 FY25$17.4B+9.7%6.4%2.3%$3.08$1.4B
Q3 FY25$15.7B+6.6%6.7%2.5%$2.75$213.9M

Forward consensus

3-year forecast · up to 8 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$74.1B$72.6B – $75.8B$18.63$16.64 – $20.998
FY27$79.2B$76.5B – $85.6B$20.83$18.16 – $23.748
FY28$86.8B$82.9B – $91.0B$24.07$22.66 – $25.594

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.2×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.84%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+8.2%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+49.0%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 74.1M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.5% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.445-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJun 15Dennis PolkChair2.5K sh$711KSellMay 18Richard T HumeDirector5.0K sh$1.1MSellMay 15Dennis PolkChair2.5K sh$576KSellMay 5Richard T HumeDirector5.0K sh$1.2MSellMay 4Merline SaintilDirector4.4K sh$1.0MSellApr 29Reyna ThompsonPresident2.2K sh$491KSellApr 17Dennis PolkChair2.5K sh$527KSellApr 9Murphy Miriam AnnePresident3.0K sh$605KSellApr 6Jordan David GregoryCFO3.2K sh$611KSellMar 4Merline SaintilDirector167 sh$26K
1–10 of 13
+ 11 other (8 awards · 2 exempts · 1 inkind) in window

See when $SNX insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Best Value Stocks to Buy for June 29thzacks.com·2d agoTD Synnex Corp (SNX) Shares Fall 4.1% -- GF Value Says Still Overvaluedgurufocus.com·4d agoSNX Q2 Earnings Beat Estimates on Broad-Based Growth & Hyve Strengthzacks.com·4d agoThese Analysts Boost Their Forecasts On TD Synnex After Upbeat Q2 Resultsbenzinga.com·4d agoTD Synnex: Still A Buy, Though The Easy Money Has Been Madeseekingalpha.com·4d ago

In themes

Explore the broader themes this ticker is being talked about under.

AI Infrastructure

More in Technology Distributors

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$ORBS$ARW$AVT
Voices on X · top 15 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport