14.6% Above Target

SNX's consensus price target is $243, -14.6% below the current price of $284.56. The 24 analysts tracking SNX see downside risk at present valuations.

SNX has a consensus rating of "Buy" based on 24 Wall Street analysts. The rating breakdown is predominantly bullish, with 19 Buy/Strong Buy ratings. The consensus 12-month price target of $243 implies -14.6% downside from current levels.

With a forward P/E of 16.6984x, SNX trades at a relatively low valuation. The consensus target of $243 implies -14.6% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $315 for SNX, while the most conservative target is $163. The consensus of $243 represents the median expectation. Our quantitative valuation model projects a bull case target of $500 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

SNX is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 18 have Buy ratings, 4 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month SNX stock forecast based on 24 Wall Street analysts shows a consensus price target of $243, with estimates ranging from $163 (bear case) to $315 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $380, with bear/bull scenarios of $239/$500.

Our quantitative valuation model calculates SNX's fair value at $380 (base case), with a bear case of $239 and bull case of $500. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.

SNX trades at a forward P/E ratio of 16.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 28.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on SNX, with 1 Sell ratings and a price target of $243 (-14.6% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

SNX analyst price targets range from $163 to $315, a 63% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $243 consensus represents the middle ground. Our model's $239-$500 range provides an independent fundamental perspective.