TD SYNNEX Corporation (SNX)
NYSE · Technology · analysed November 9, 2026
No. 7 in this week's most bullish stocks →
TD SYNNEX Corporation is a leading global distributor and solutions aggregator for the information technology ecosystem, formed in 2021 through the merger of SYNNEX Corporation (founded in 1980) and Tech Data (founded in 1974). The company serves as a vital link in the technology supply chain, connecting more than 1,500 IT vendors to over 150,000 commercial customers across the globe by distributing hardware, software, and end-to-end integration services. TD SYNNEX is currently focused on expanding its high-growth technology portfolio, with strategic initiatives centered on artificial intelligence enablement, cybersecurity, hybrid cloud deployment, and advanced data analytics solutions.
Executive summary
TD SYNNEX commands leading global market share in IT hardware, enterprise software, and hyperscale cloud infrastructure distribution21. The business is experiencing a major top-line acceleration driven by its Hyve Solutions artificial intelligence server assembly operations, though rapid rack deployments caused a temporary working-capital cash drain of approximately 1.0 billion USD in the third quarter of fiscal 20262,10. Trading at less than 10 times forward earnings following a sharp post-earnings pullback, the valuation offers an attractive entry point if working-capital cycles normalize as projected7,9,10.
Sources cited here, 5 of 22
Key figures
- Market cap
- $18.2B
- P/E, trailing
- 13.9
- P/E, next 12 months
- 9.6
- Revenue growth, fiscal year to Nov 2025
- 6.9%
- Net margin, fiscal year to Nov 2025
- 1.3%
Market cap and P/E as found on November 9, 2026.