Stock Track | TD SYNNEX Soars 5.63% Intraday on Strong Q1 Earnings and Multiple Analyst Upgrades

Stock Track
04/01

TD SYNNEX Corporation's stock surged 5.63% during intraday trading on Wednesday, following the release of its robust fiscal first-quarter 2026 results and subsequent analyst endorsements.

The company reported record non-GAAP gross billings with normalized EPS of USD 4.73 on revenue of USD 17,161.2 million. Basic EPS more than doubled year-over-year to US$4.09, up from US$1.98 in Q1 2025, driven by strength in infrastructure software, security, and expanding gross margins. Management highlighted strong performance in its Hyve business, fueled by demand for cloud and AI-enabled data center infrastructure.

This positive earnings report triggered a wave of analyst upgrades. RBC Capital maintained a Buy rating and raised its price target to $210, while Morgan Stanley increased its target to $218 from $174. Raymond James, JP Morgan, and Barclays also raised their respective price targets, reflecting growing confidence in the company's margin expansion and growth trajectory in higher-value IT solutions.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10