Assessing TD SYNNEX (SNX) Valuation After DLT CMMC Win And Hyve Leadership Transition

DLT’s CMMC certification and Hyve leadership shift put TD SYNNEX (SNX) in focus

TD SYNNEX (SNX) is on investors’ radar after its DLT Solutions subsidiary secured Cybersecurity Maturity Model Certification Level 2, and Hyve Solutions announced a leadership transition intended to support continuity in its data center business.

See our latest analysis for TD SYNNEX.

Against this backdrop, TD SYNNEX’s share price, which last closed at US$159.03, has picked up momentum recently, with a 7 day share price return of 6.06% and a 1 year total shareholder return of 14.07% building on gains over multiple years.

If these data center and cybersecurity moves have your attention, it could be a good moment to broaden your watchlist and check out high growth tech and AI stocks as potential next ideas.

With SNX trading at US$159.03, a value score of 5 and an indicated 34.86% intrinsic discount, should you see this as mispricing to your advantage, or is the market already baking in future growth?

Most Popular Narrative: 11.5% Undervalued

The most followed narrative places TD SYNNEX’s fair value at about $179.73 compared with the last close at $159.03, framing the current setup as discounted.

The analyst price target for TD SYNNEX has been adjusted slightly higher to about $180, reflecting mixed changes in underlying assumptions along with recent Street research that cites expected billings growth in FY26, the company's exposure to higher value segments, and strong free cash generation.

Read the complete narrative.

Want the full story behind that fair value line? The narrative leans on steady top line progress, firmer margins, and a future earnings multiple that has been carefully stress tested. Curious which assumptions really carry the weight in that model and how sensitive the outcome is to them?

Result: Fair Value of $179.73 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, that fair value story can be challenged if margin pressure persists or if customer concentration, particularly around Hyve, leads to more volatile revenue and profit trends.

Find out about the key risks to this TD SYNNEX narrative.

Build Your Own TD SYNNEX Narrative

If you see the story differently or prefer to test the numbers yourself, it is quick to build a custom view of TD SYNNEX. Start with Do it your way.

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding TD SYNNEX.

Looking for more investment ideas?

If TD SYNNEX has sharpened your interest, do not stop here. Spread your research across a few focused stock ideas that could broaden your opportunity set.

• Start hunting for potential value by checking out these 879 undervalued stocks based on cash flows that might fit the kind of pricing and quality you are looking for.
• Tap into the growth story around artificial intelligence with these 24 AI penny stocks and see which companies line up with your own view of the future.
• Round out your shortlist with income ideas by reviewing these 13 dividend stocks with yields > 3% that could complement more growth focused positions.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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