TD SYNNEX Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

TD SYNNEX Corporation SNX is expected to release earnings results for its first quarter, before the opening bell on March 26, 2024.

Analysts expect the Fremont, California-based company to report quarterly earnings at $2.84 per share, down from $2.93 per share in the year-ago quarter. TD SYNNEX is projected to report quarterly revenue of $14.36 billion, according to data from Benzinga Pro.

On Feb. 6, TD SYNNEX named Miriam Murphy as leader of its business in Europe.

TD SYNNEX shares rose 0.6% to close at $105.01 on Thursday.

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.

• RBC Capital analyst Ashish Sabadra maintained a Sector Perform rating and boosted the price target from $97 to $110 on Jan. 10, 2024. This analyst has an accuracy rate of 69%.
• UBS analyst David Vogt initiated coverage on the stock with a Neutral rating and a price target of $105 on Nov. 22, 2023. This analyst has an accuracy rate of 76%.
• Goldman Sachs analyst Michael Ng maintained a Buy rating and increased the price target from $100 to $112 on Sept. 27, 2023. This analyst has an accuracy rate of 65%.
• Barclays analyst Tim Long maintained an Equal-Weight rating and boosted the price target from $88 to $89 on Sept. 27, 2023. This analyst has an accuracy rate of 75%.
• Stifel analyst Matthew Sheerin maintained a Buy rating and boosted the price target from $110 to $120 on Sept. 19, 2023. This analyst has an accuracy rate of 74%.

Read This Next: Jim Cramer Likes Amazon More Than This E-Commerce Platform, Calls Chipotle 'The King'