AI and cloud services (collaboration with AWS)
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TD Synnex Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzingaยท 2025-09-24 10:31
Group 1 - TD SYNNEX Corporation is set to release its third-quarter earnings results on September 25, with expected earnings of $3.05 per share, an increase from $2.86 per share in the same period last year [1] - The company is projected to report quarterly revenue of $15.11 billion, compared to $14.68 billion a year earlier [1] - On August 27, TD SYNNEX entered a multi-year strategic collaboration with AWS to enhance AI and cloud growth [2] Group 2 - Barrington Research analyst Vincent Colicchio maintained an Outperform rating with a price target of $156 for TD SYNNEX [4] - Morgan Stanley analyst Erik Woodring raised the price target from $155 to $173 while maintaining an Overweight rating [4] - RBC Capital analyst Ashish Sabadra increased the price target from $145 to $165, maintaining an Outperform rating [4] - B of A Securities analyst Ruplu Bhattacharya raised the price target from $156 to $170 while maintaining a Buy rating [4] - JP Morgan analyst Joseph Cardoso raised the price target from $143 to $160 while maintaining a Neutral rating [4]