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SNSNX

TD Synnex Corp

$SNX·$20B·Technology Distributors·Technology
$258.74+1.6%YTD+74.7%1Y+71.5%
Mentions · last 7 days
2026-08-07: 47 posts2026-08-08: 13 posts2026-08-09: 17 posts2026-08-10: 41 posts2026-08-11: 13 posts2026-08-12: 12 posts2026-08-13: 20 posts166+4%
Price updated 1d ago·X counts updated 2d ago
SNSNX
$SNXTD Synnex Corp
$258.74+1.63%166 posts+4%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

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 2026-08-15

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

TD Synnex is the IT distribution compounder printing 17%+ beats consistently — up 75% YTD on the AI-server buildout halo.

TD SYNNEX is one of the two dominant global IT distributors (with Ingram Micro) — the plumbing that moves servers, storage, networking, and software from vendors to enterprise resellers. The equity has re-rated on the AI-infrastructure buildout thesis.

  • Growth is accelerating: Q3 revenue $19.6B grew 31% YoY at 6.8% gross and 2.7% op margin — the last four EPS prints beat by 4-44%, and Q3 EPS $4.85 vs $4.14 estimate (+17%) shows the tempo.
  • Hyve Solutions is a specific tailwind: the Compensation Committee just approved new PSU forms for Hyve — the hyperscaler-facing OEM segment inside TD Synnex is what benefits most from the AI-server buildout.
  • Balance-sheet flexibility is expanding: €650M European trade-receivables securitization program (June 26) plus S-3 shelf activity — off-balance-sheet financing to support working capital as revenue accelerates.
  • Position at 76% of 52w with stock essentially flat vs the 50d MA — a real trending move that has consolidated after a big run, +31% above the 200d MA.
  • Note the X ticker chatter is dominated by Synthetix crypto (SNX +44% Binance move) — not commentary on TD Synnex the IT distributor.

September 24 is the next print — a fifth consecutive beat with Hyve segment revenue accelerating extends the compounding; any hyperscaler order deferral or China-tariff-driven margin compression is the invalidator. The real risk is that IT-distribution take-rate is thin, so any hyperscaler pushback on margins hits fast.

What to watch: September 24 Q4 earnings — Hyve segment revenue trajectory and hyperscaler order commentary. A fifth beat with Hyve acceleration extends the run; any hyperscaler order deferral or margin compression is the invalidator.

On the calendar: 2026-09-24 — Q4 FY26 earnings

sentiment offtopic

X sentiment

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

Mixed sentiment5 posts analyzed · as of 2026-08-04

The SNX ticker is dominated by Synthetix crypto — Binance strength shows SNX +44%, but a short-side trader captures ~325% profit at 25x leverage on a $12.30 → $10.68 move. Elliott-wave commentary places SNX at a major support zone/potential reversal. A separate Blynexex listing announcement adds trader flow. Positioning is genuinely two-way — momentum meme vs. short-side conviction.

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
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What it does

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

IT distributor aggregating endpoint devices and data center technology from major vendors for resellers across the U.S., Europe, and internationally.

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

No material change from last week — Arrow Electronics' Q1 beat and $1B buyback confirms sustained channel demand for semiconductors and enterprise computing in AI infrastructure buildouts.

What this means for $SNX

Neutral — IT distributor aggregating endpoint devices and data center technology from major vendors for resellers across the U.S., Europe, and internationally; limited read-through from technology distributors macro dynamics to this specific revenue mix.

Top industry ETF

$XLKTechnology Select Sector SPDR
+28.3%YTD
+41.9%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 $4.63

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$74.8B$68.7B – $76.7B$18.97$18.69 – $19.438
FY27$80.0B$72.8B – $87.3B$21.41$19.35 – $23.488
FY28$87.1B$87.1B – $87.1B$24.81$22.96 – $26.395

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.0.6×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.76%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.-0.5%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.+31.3%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 73.7M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.6% 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

SellAug 5Richard T HumeDirector5.0K sh$1.3MSellJul 31Ann F VezinaDirector1.3K sh$326KSellJul 15Dennis PolkChair2.5K sh$624KSellJul 6Richard T HumeDirector5.0K sh$1.2MSellJun 30Dennis PolkChair10.0K sh$2.7MSellJun 29Dennis PolkChair15.0K sh$4.0MSellJun 15Dennis PolkChair2.5K sh$711KSellMay 18Richard T HumeDirector5.0K sh$1.1MSellMay 15Dennis PolkChair1.0K sh$230KSellMay 5Richard T HumeDirector5.0K sh$1.2M
1–10 of 17
+ 15 other (11 awards · 2 inkinds · 2 exempts) 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
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeAug 38-K — Item 5.02: Officer or director change
AI summary

TD SYNNEX Corporation's Compensation Committee approved new standard forms of Performance-Based Restricted Stock Unit (PSU) Award Agreements for Hyve Solutions employees, covering both U.S. and non-U.S. participants. These PSU awards vest based on Hyve Solutions' three-year financial performance metrics conditioned on continuous service; the non-U.S. form consolidates prior country-specific agreements into a single global template. Routine compensation plan update with no immediate financial impact.

8-KOfficer or director changeJul 168-K — Item 5.02: Officer or director change
AI summary

TD Synnex issued an updated offer letter to CLO David Vetter setting a base salary of $670,000, a 100% target bonus, and a $1.5 million equity grant. The compensation reflects market rates for a chief legal officer at a large-cap IT distribution company and provides retention incentives through equity vesting.

8-KMaterial agreementJul 28-K — Item 1.01: Material agreement
AI summary

TD SYNNEX established a European trade receivables securitization program on June 26, 2026, with €650 million in committed senior notes from BNP Paribas, Banco Santander, and Crédit Agricole, arranged through BNP Paribas Dublin Branch as master purchaser. TD SYNNEX's Belgium, France, Germany, and Spain subsidiaries are seller entities; TD SYNNEX Corporation provided a guaranty for certain obligations. The revolving structure enables TD SYNNEX to convert European trade receivables into liquidity — an off-balance-sheet financing tool that improves working capital efficiency.

3New insider — initial holdingsJun 243
AI summary

TD SYNNEX filed an initial Form 3 for Douglas Britt, newly appointed Director (effective June 17, 2026), as of that date. Britt reports no common stock holdings in Table I. This is a routine new-director Section 16(a) disclosure filed on June 24, 2026.

8-KOfficer or director changeJun 228-K — Item 5.02: Officer or director change
AI summary

TD SYNNEX appointed Douglas Britt as a new member of its Board of Directors effective June 17, 2026, expanding the Board from 10 to 11 members. Britt was appointed to the Audit and Technology Committees; his initial Board term runs to the 2027 Annual Meeting. He will receive standard non-employee director compensation with a pro-rated equity retainer granted July 15, 2026. This is an incremental governance addition; no changes to executive leadership or strategy are implied.

8-KUnregistered equity saleJun 38-K — Item 3.02: Unregistered equity sale
AI summary

TD SYNNEX issued a warrant to Amazon.com NV Investment Holdings on May 30, 2026 for up to 3,238,066 shares: 215,871 shares vest immediately at $0.01/share, and 3,022,195 shares vest at $191.10/share in tranches based on aggregate Amazon payments to TD SYNNEX under commercial arrangements. The warrant expires May 30, 2033 and is capped at a 4.999% beneficial ownership limit. This is a commercial partnership incentive — Amazon earns equity in TD SYNNEX tied to the volume of business it generates; it signals a significant deepening of the companies' multi-year collaboration.

8-KOfficer or director changeMay 118-K — Item 5.02: Officer or director change
AI summary

TD SYNNEX formalized Dennis Polk's ongoing role as Chair, Hyve Solutions Holdings with an updated offer letter effective December 1, 2025 (filed May 11, 2026): base salary $840,000, annual bonus target at 100% of base, and annual equity grants of approximately $1.5M (60% time-vesting RSUs, 40% performance-vesting RSUs). Polk continues on the board of directors. This is an ongoing role compensation clarification rather than a new appointment — Polk continues in his Hyve leadership capacity with formally defined terms.

8-KCharter amendmentMar 278-K — Item 5.03: Charter amendment · Item 5.07: Shareholder vote
+ 10 other (4 13Gs · 2 10-Qs · 2 earnings 8-Ks · 1 routine 8-K) in window

Recent news

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

SNX or DT: Which Is the Better Value Stock Right Now?zacks.com·4d ago4 Stocks Trading Near 52-Week High With More Upside Potentialzacks.com·10d agoTD SYNNEX Earns 2026 Great Place to Work Certification™businesswire.com·11d agoAmundi Sells 3,902 Shares of TD SYNNEX Corporation $SNXdefenseworld.net·11d agoWall Street Analysts Believe TD SYNNEX (SNX) Could Rally 31.32%: Here's is How to Tradezacks.com·16d ago

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Voices on X · last 7 days

No standout posts about $SNX on X in the last 7 days.

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