TD Synnex Corp (SNX) shares climbed 5.8% to $271.84 as of October 2, 2026, a significant gain from the prior close of $256.85. BestStocks flagged the session as a major change for SNX. The move is tied to a new SEC filing. Below, we break down what changed for SNX, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
SEC Filing
TD Synnex rose 5.3% on September 11, 2026, as investors responded to strong cloud growth tailwinds and accelerating AI infrastructure demand. Recent analyst upgrades citing robust execution and margin improvement, combined with momentum in the company's Hyve Solutions hyperscale infrastructure division, reinforced bullish sentiment ahead of late-September earnings.
For TD Synnex Corp investors, the balance of recent signals points to a bullish shift. On the constructive side: Earnings beat with positive market reaction; Strong 5.8% price move. Weighing against that: TD Synnex Corp moved -13.08% intraday from $287.89 to $250.22; New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $336.67, implying +23.8% upside from $271.84. BestStocks rates the overall signal quality medium (69/100). With earnings roughly 104 days out, the next report is the most likely near-term test of the move.
SNX price reaction
SNX last traded at $271.84, up $14.99 (+5.84%) from the previous close of $256.85. The session traded on 1.4× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $251.39 and $287.89, and it currently sits about 56% of the way up that band.
Bullish and bearish analyst opinions on TD Synnex Corp (SNX)
The consensus analyst price target on TD Synnex Corp (SNX) is $336.67, 23.8% above the recent $271.84. Over the past 90 days analysts logged 0 upgrades, 4 maintains, and 0 downgrades. Here is how the bullish and bearish cases on SNX line up.
▲ The bullish case
+Wall Street's consensus price target of $336.67 implies +23.8% upside from $271.84.
+The Street's most bullish target is $379.00 (+39.4%).
+Earnings beat with positive market reaction.
+Strong 5.8% price move.
▼ The bearish case
−TD Synnex Corp moved -13.08% intraday from $287.89 to $250.22.
Bull vs bear balanceBullish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Oct 2, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
TD Synnex rose 6.66% to $273.96 following strong Q3 earnings results, a Zacks Research upgrade to "Strong-Buy," and recent price-target hikes from UBS and Morgan Stanley, according to web sources including MarketWatch and Yahoo Finance. The gain was accompanied by below-average intraday volume (0.59x typical for this time of session), with a material event (8-K) filed today.
Filings2026-09-30-0.5%
TD Synnex Corp (SNX) filed a new 8-K on September 30, 2026. The filing content was not disclosed in available sources.
News2026-09-29+0.6%
TD Synnex signed distribution agreement to sell CyberFOX's full security portfolio through its channels.
News2026-09-28-2.4%
Wall Street analysts' mean price target implies 25.5% upside for SNX stock.
TD Synnex Corp moved -13.08% intraday from $287.89 to $250.22. TD SYNNEX Corporation (SNX) is actually trading relatively stable or digesting recent gains following its fiscal Q3 2026 earnings release on September 24, 2026, where it reported an EPS beat ($5.68 vs. $4.64 expected), though any minor intraday pullbacks reflect normal profit-taking after rallying to near its 52-week highs ($298.77) and broader tech-sector cooling ahead of macroeconomic data. ### 📊 Market Context & Valuation - 📈 Earnings Beat: Q3 EPS came in significantly ahead of Wall Street consensus estimates. - ⚠️ Profit Taking: Traders often "sell the news" after a strong run-up into an earnings print. - 💡 AI Demand: Hyve Solutions and AI infrastructure scaling continue to drive long-term interest. If you'd like, let me know: - Your position or cost basis in SNX - Whether you are looking to trim or add to your position I can help evaluate the technical levels and valuation setup.
Material / Earnings2026-09-24-9.9%
TD Synnex Corp (SNX) reported EPS of $5.68 vs. $4.70 estimate for Q3 FY2026, beating consensus by 20.9%.
TD Synnex Corp moved +4.12% intraday from $283.25 to $294.93. TD SYNNEX Corporation stock is climbing ahead of its fiscal third-quarter earnings report scheduled for September 24, 2026. Investors are buying shares in anticipation of strong financial results. ### 📈 Upcoming Earnings - High revenue projections near $18.79 billion - Strong estimated earnings per share - History of beating previous market estimates ### 💡 AI Infrastructure - New partnership with Hammerhead AI - Expanding data center power distribution - Accelerating growth in Hyve Solutions ### 📊 Market Support - Upgraded outlooks from major Wall Street firms - Strong momentum in the broader technology sector - Attractive price-to-earnings valuation compared to peers Would you like to review analyst price targets or check the after-hours reaction once earnings are released?
Material / Earnings2026-09-22+1.3%
SNX moved -100.00% from its $280.10 open to a $283.25 close on 2026-09-22.
In-depth SNX event analyses
Permanent, dated analyses of SNX's most significant sessions.
TD Synnex rose 5.3% on September 11, 2026, as investors responded to strong cloud growth tailwinds and accelerating AI infrastructure demand. Recent analyst upgrades citing robust execution and margin improvement, combined with momentum in the company's Hyve Solutions hyperscale infrastructure division, reinforced bullish sentiment ahead of late-September earnings.
How much did SNX stock rise?
SNX gained 5.84% ($14.99) versus the prior close of $256.85, last trading at $271.84 on 1.4× average volume.
When is TD Synnex Corp's next earnings date?
SNX's next earnings report is estimated for 2027-01-14 — about 104 days away.
What is the analyst price target for SNX?
The consensus analyst price target for SNX is $336.67, about 23.8% above the current $271.84. Over the past 90 days, analysts recorded 0 upgrades, 4 maintains, and 0 downgrades.
How BestStocks tracks SNX
This page is generated automatically by BestStocks' change-detection system after a new SEC filing was detected and verified against independent data sources. It draws on 20 tracked change events for SNX, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 2, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
