SYNNEX Corporation Aktie News

I upgrade SNX to buy as 2Q25 results show broad-based growth, strong execution, and improved demand visibility. Hyve's turnaround and new transparency resolve a key overhang, with resumed demand from major customers and clear growth contribution. Aggressive capital returns—via buybacks and dividends—support the stock and help bridge to SNX's double-digit EPS growth target.

TD SYNNEX Corporation (NYSE:SNX ) Q2 2025 Earnings Conference Call June 24, 2025 9:00 AM ET Company Participants David Jordan - Head of Investor Relations Marshall W. Witt - Chief Financial Officer Patrick Zammit - CEO, President & Director Conference Call Participants Adam Tyler Tindle - Raymond James & Associates, Inc., Research Division David Paige Papadogonas - RBC Capital Markets, Research...

I am initiating TD Synnex Corporation with a Buy rating and a fair value of $212, citing its attractive valuation and strategic shift. TD Synnex's focus on advanced solutions—cloud, security, data analytics, and AI—positions it well for enterprise and hyperscaler growth. Despite competitive pressures and reliance on major OEMs, I expect steady revenue growth and flat margins, supported by stron...

Shares of TD Synnex (SNX) jumped over 6% in intraday trading Tuesday after the IT services provider posted fiscal second-quarter results above analysts' expectations.

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced it has received the Hewlett Packard Enterprise (HPE) 2025 Global Distributor of the Year Award. The company was also recognized by HPE as Distributor of the Year in North America and Northern Western Europe, covering France, Belg...

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal second quarter ended May 31, 2025. “Our Q2 results demonstrate the continued strength of the IT Distribution and Hyperscaler markets, meanwhile, our strategy and the execution of our team are enabling us to grow ahead of market,” said Patrick Zammit, CEO of TD SYNNEX. “Gro...

PLEASANTON, Calif.--(BUSINESS WIRE)--Arctera, a global leader in data management, Wasabi Technologies, the hot cloud storage company, and TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem, today announced a joint channel-ready data protection solution to simplify sales for channel resellers. The new offering combines Arctera Backup Exec with Wasabi Hot Cloud ...

MEXICO CITY & SÃO PAULO--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, unveiled its cybersecurity practice strategy, which is designed to help its partners accelerate their adoption of cybersecurity solutions by providing the personalized support they need no matter where they are in the process. According to the recent Direc...