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TD SYNNEX Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga ·  Jan 3 01:50

TD SYNNEX Corporation (NYSE:SNX) will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 10, 2025.

Analysts expect the Fremont, California-based company to report quarterly earnings at $3.05 per share, down from $3.13 per share in the year-ago period. TD SYNNEX projects to report revenue of $15.22 billion for the recent quarter, compared to $14.41 billion a year earlier, according to data from Benzinga Pro.

On Dec. 19, TD SYNNEX named Kristie Grinnell as Chief Information Officer.

TD SYNNEX shares gained 0.7% to close at $117.28 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Loop Capital analyst Ananda Baruah reiterated a Buy rating with a price target of $150 on Oct. 7. This analyst has an accuracy rate of 74%.
  • Barclays analyst Tim Long maintained an Equal-Weight rating and raised the price target from $131 to $132 on Sept. 27. This analyst has an accuracy rate of 73%.
  • Barrington Research analyst Vincent Colicchio maintained an Outperform rating with a price target of $138 on Sept. 27. This analyst has an accuracy rate of 61%.
  • RBC Capital analyst Ashish Sabadra reiterated an Outperform rating with a price target of $140 on Sept. 27. This analyst has an accuracy rate of 70%.
  • UBS analyst David Vogt maintained a Buy rating and raised the price target from $145 to $150 on June 26. This analyst has an accuracy rate of 71%.

Considering buying SNX stock? Here's what analysts think:

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