Goldman Sachs Rates TD SYNNEX (SNX) buy, $300 Price Target

Goldman Sachs analyst Michael Ng keeps a buy rating on TD SYNNEX Corporation with a $300 target as the broader tech distributor captures mixed views across Wall Street, a 6.34% upside from the current price.

By EarningsIQ Research Desk · Published Jun 14, 2026, 2:00 AM EDT · Updated Jun 17, 2026, 12:02 PM EDT

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Goldman Sachs rated TD SYNNEX Corporation ($SNX) "buy" with a $300 price target on June 12, 2026.

Since the rating, $SNX is up 0.9% after 1 week, down 10.5% after 1 month and down 11.9% to date (from the $280.10 close on Jun 12, 2026).

SNX TD SYNNEX Corporation

$246.75 +62.04% year to date

Daily close · Oct 16, 2026

Key Points

Goldman Sachs reiterated a buy rating on TD SYNNEX Corporation NYSE SNX with a $300 price target on June 12 2026.
Goldman Sachs's $300 price target implies 6.34% upside from TD SYNNEX Corporation's ($SNX) current $282.11 share price.
Wall Street sentiment remains generally positive with 11 analyst opinions leading to a consensus buy recommendation and an average target of $334.
Insider transactions included Dennis Polk selling 2500 shares on October 15 2026 under a pre-arranged trading plan.

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Goldman Sachs Keeps Buy Rating on TD SYNNEX

On June 12 2026 analyst Michael Ng of Goldman Sachs reaffirmed a buy rating on TD SYNNEX Corporation NYSE SNX alongside a $300 price target. This update places the firm's outlook slightly below the broader analyst community's average expectations while signaling continued confidence in the technology distributor's market position.

Wall Street Analyst Forecasts and Price Targets

Research firms have kept a close eye on the technology distributor through the summer and autumn months. On June 26 2026 Morgan Stanley maintained an overweight rating and lifted its target to $374 from $341 while Barrington Research kept an outperform rating with a $325 target. Later that summer on July 2 2026 Barclays maintained an equal-weight rating while raising its target to $278 from $237. As autumn approached Barclays kept its equal-weight rating on September 8 2026 with a $287 target. Morgan Stanley updated its view twice in September first maintaining an overweight rating with a $334 target on September 15 2026 and later adjusting targets on September 25 2026 to $359. On the same day UBS maintained its buy rating while raising its target to $379 from $352. The stock carries a consensus recommendation key of buy based on 11 analyst opinions with a mean target price of $334 and a high target of $355.

Inside the Recent Insider Transaction

Recent filings show corporate insider activity following the analyst updates. On October 15 2026 Dennis Polk who serves as chair of Hyve Solutions sold 2500 shares at an average price of $251.76 for a total value of $629393.50. This transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

TD SYNNEX Market Standing and Operations

TD SYNNEX Corporation operates as a major technology product distributor and solutions aggregator connecting vendors with enterprise and reseller customers across the globe. The company trades on the New York Stock Exchange under the ticker symbol SNX and supports a workforce of 24000 employees out of its headquarters in Fremont California.

Looking Ahead for SNX Stock

Market participants will continue monitoring upcoming corporate reports and analyst revisions to gauge demand across the IT hardware and cloud services sectors. Investors tracking the distribution space will look toward future disclosures for additional details on revenue expansion and profit margin trends.

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