
SYNNEX (SNX) Stock Forecast & Price Target
SYNNEX (SNX) Analyst Ratings
Bulls say
TD Synnex Corp is experiencing robust growth in its cloud, cybersecurity, and data analytics portfolios, with double-digit demand increases noted in the fourth quarter of fiscal 2024, which is expected to continue into fiscal 2025. The anticipated improvement in commercial PC demand, driven by the impending end of support for Windows 10 and an aging PC base, is expected to invigorate the PC refresh cycle. Additionally, revenue from the Hyve segment has also increased significantly, indicating enhanced capabilities, while overall PC shipments show a modest recovery in the broader IT ecosystem.
Bears say
TD Synnex faces a challenging outlook due to anticipated slower-than-expected growth across its primary markets, compounded by headwinds from a deteriorating PC end-market and supply chain constraints. Additionally, the uncertainty surrounding the transition to ASC 606 accounting standards introduces further complexity and risk to the business model. Furthermore, significant pressures related to growth investments and a slowdown in cloud market performance could negatively impact earnings per share, resulting in potential downside scenarios for the company's financials.
This aggregate rating is based on analysts' research of SYNNEX and is not a guaranteed prediction by Public.com or investment advice.
SYNNEX (SNX) Analyst Forecast & Price Prediction
Start investing in SYNNEX (SNX)
Order type
Buy in
Order amount
Est. shares
0 shares