Wall Street expects TD SYNNEX to report consensus revenue of $18.79 billion and adjusted EPS of $4.64 for the third quarter of 2026, with the stock currently trading at approximately $269.21 against a mean analyst target of $330.73.
The key story for this report is the performance of the Hyve Solutions segment, as investors evaluate whether the company can maintain its leading role in AI infrastructure distribution for hyperscalers.
Strong demand for AI-ready data center hardware drove a massive 117% year-over-year surge in Hyve billings last quarter, bolstered by the company's relationships with all five major U.S. cloud providers. However, investors will also watch for signs of improved free cash flow after inventory build-ups for AI programs caused a temporary cash burn in the previous quarter.