RBC Capital Rates TD SYNNEX (SNX) buy, $315 Price Target
RBC Capital reaffirms its buy rating for TD SYNNEX, setting a $315 price target, a 12.24% upside from the current price.
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RBC Capital rated TD SYNNEX Corporation ($SNX) "buy" with a $315 price target on June 10, 2026.
Since the rating, $SNX is up 6.0% after 1 week, down 6.1% after 1 month and down 7.7% to date (from the $267.28 close on Jun 10, 2026).
Key Points
- RBC Capital analyst David Paige reiterated a buy rating on TD SYNNEX with a $315 price target on June 10, 2026.
- RBC Capital's $315 price target implies 12.24% upside from TD SYNNEX Corporation's ($SNX) current $280.65 share price.
- Shares of TD SYNNEX traded near $280.65, with a market cap of $22.63 billion and a forward P/E of 14.76.
- Goldman Sachs also maintained its buy rating with a $300 target, reflecting positive sentiment among analysts.
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RBC Capital's analyst David Paige has reiterated a buy rating for TD SYNNEX Corporation, listed on the NYSE under the ticker SNX. On June 10, 2026, Paige set a price target of $315 for the stock, signaling continued confidence in the company's prospects.
TD SYNNEX Corporation Stock Up 10.2%
Shares of NYSE:SNX traded near $280.65. TD SYNNEX has a market capitalization of approximately $22.63 billion and a P/E ratio of 23.37. The forward P/E is more attractive at 14.76. The stock has seen a 52-week low of $123.28 and a high of $286.25. It has a 50-day moving average of $233.53 and a 200-day moving average of $174.73. The company's beta is 1.44, indicating somewhat higher volatility compared to the market.
$SNX price target
TD SYNNEX Corporation daily closes and this analyst's $315 target. Not advice.
Recent Earnings
TD SYNNEX reported revenues of about $65.14 billion, with a revenue growth rate of 18.1%. The company's net margin was 1.51%, and it achieved a return on equity of 11.73%. The next earnings report is expected on June 25, 2026.
Dividend
The company pays an annual dividend rate of $1.92, yielding 0.68%. Its dividend payout ratio stands at 14.99%, with the next ex-dividend date not specified.
Insider Buying and Selling at TD SYNNEX Corporation
Several insiders have recently sold shares of TD SYNNEX. On June 2, 2026, Richard Hume sold 5,000 shares at an average price of $280.38 in a planned transaction. Earlier, on May 18, he sold another 5,000 shares for $229.54 each. Dennis Polk, Chair of Hyve Solutions, also sold 2,500 shares on May 15 at $230.37, in a planned sale.
Analysts Set New Price Targets
On June 12, 2026, Goldman Sachs maintained its buy rating for TD SYNNEX with a price target of $300. A day earlier, RBC Capital reaffirmed its buy stance with a $315 target. UBS, on June 9, also maintained a buy rating, setting a target of $310. The consensus among analysts is a buy recommendation, with an average target price of $265.09 from 11 analyst opinions.
About TD SYNNEX Corporation
TD SYNNEX Corporation, based in Fremont, California, is a major player in the technology sector, specifically in electronics and computer distribution. The company provides a wide range of IT solutions, including endpoint and advanced solutions like data center technologies, cloud services, and IT ecosystem support. It serves a diverse clientele, including resellers, system integrators, and service providers. Founded in 1980, TD SYNNEX has grown to employ around 24,000 people under the leadership of CEO Patrick Zammit.
Bottom Line
RBC Capital's reiterated buy rating and $315 price target underscore the firm's confidence in TD SYNNEX's growth potential. The stock's current trading range reflects a strong market position, bolstered by positive analyst sentiment. Investors keep a close eye on such ratings as they provide insights into future performance, although it's important to remember that these are backward-looking assessments.
Source: RBC Capital's rating change on $SNX (Jun 10, 2026). Written by software, not financial advice. How we make alerts
