SNX
TD SYNNEX Corporation
September 24, 2026 · pre-market
- Rarity
- 3.81
- Peak move
- −15.37%
- Float cap
- $20.3B
TD SYNNEX Corporation is a global distributor and solutions aggregator for the IT ecosystem. It distributes hardware, software, and systems including personal computing devices, mobile phones, printers, servers, networking, security, and cloud solutions to resellers, retailers, system integrators, and managed service providers. It also designs and delivers purpose-built server, storage, and networking solutions for hyperscale computing infrastructure customers.
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What we found
8 events · 2 from SEC or newswire · 0 timed with the move- Key event
earnings_releaseTD SYNNEX reported fiscal Q3 2026 results for the quarter ended August 31, 2026, with revenue of $21.558 billion, up 37.7% year over year, GAAP diluted EPS of $5.18, non-GAAP diluted EPS of $5.68, and operating income of $643 million.
dividend_changeTD SYNNEX's board declared a quarterly cash dividend of $0.48 per common share, up 9% year over year, payable October 30, 2026 to stockholders of record as of October 16, 2026.
- Key event
guidance_changeTD SYNNEX issued fiscal Q4 2026 guidance: revenue of $21.8 billion to $22.6 billion, non-GAAP gross billings of $31.4 billion to $32.4 billion, GAAP diluted EPS of $4.58 to $5.08 and non-GAAP diluted EPS of $5.65 to $6.15.
executive_remarkCEO Patrick Zammit said TD SYNNEX delivered another record quarter with Distribution and Hyve both beating expectations, citing enterprise AI adoption and data center modernization demand.
- Key event
commodity_eventTrendForce forecast 4Q26 DRAM and NAND contract prices continuing to rise on AI-driven CSP demand, with enterprise SSD contract prices up 23-28% QoQ and overall NAND flash up 15-20% QoQ.
product_launchFlowgear announced a partnership with TD SYNNEX to distribute its integration and orchestration platform, including prebuilt Microsoft Dynamics connectors and AI-readiness tools, through TD SYNNEX's partner ecosystem, primarily targeting Microsoft partners.
analyst_ratingBank of America Securities analyst Ruplu Bhattacharya reiterated a Buy rating on TD SYNNEX with a $355 price target on September 22, 2026.
commodity_eventKB Securities reported that server-grade high-capacity DDR5 lead times have stretched to as long as 52 weeks versus a normal 6 weeks, and projected double-digit general-purpose DRAM price increases in Q3 and Q4 2026.