TD Synnex

SNX

Market cap $16.5B

TD SYNNEX (SNX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Investors with an interest in Computers - IT Services stocks have likely encountered both TD SYNNEX (SNX) and Hexagon AB Unsponsored ADR (HXGBY). But which of these two stocks presents investors with the better value opportunity right now?

TD SYNNEX (SNX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

As of April 6, 2026, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4.26%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

TD Synnex remains a buy as Hyve scales rapidly, now driving 27% of EBIT and broadening its customer base. Q1 2026 delivered 18% revenue growth, 24% Hyve revenue growth, and 60 bps EBIT margin expansion, with all segments contributing. Hyve's onboarding of three new US hyperscaler customers reduces concentration risk and sets up further growth into FY27.

TD SYNNEX Corporation remains a resilient tech distributor, showing strong Q1 2026 results with 18% YoY revenue growth and 69% YoY non-GAAP EPS growth. Hyve's 95% YoY gross billings growth, driven by hyperscaler AI demand, adds strategic upside but exposes SNX to customer concentration risk. Distribution margins improved to 2.0%, aided by timely inventory management and higher average selling prices amid memory component shortages.

SNX crushes fiscal Q1 estimates with 69% EPS surge and double-digit revenue growth, fueled by strong Endpoint and Advanced Solutions performance.

TD SYNNEX (SNX) came out with quarterly earnings of $4.73 per share, beating the Zacks Consensus Estimate of $3.26 per share. This compares to earnings of $2.8 per share a year ago.

TD SYNNEX Corporation (SNX) Q1 2026 Earnings Call Transcript