Synnex Technology International stock falls 1.24 percent on October 6
Published on 10/06/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSynnex Technology International stock (ISIN TW0002347002) was last at TWD 95.80 on Taiwan S.E. on October 6, 2026, down 1.24 percent from the previous close. The company enters the new quarter with July revenue of TWD 72.3 billion, up 127 percent year over year, according to Synnex.
July sales set a new benchmark
Synnex's investor page says all four core businesses delivered growth in July, with the monthly revenue figure reaching a record TWD 72.3 billion. The 127 percent year-over-year increase gives the latest market quote an operating backdrop beyond the daily decline.
The company also reported that second-quarter profit nearly tripled as artificial-intelligence demand accelerated, while first-half earnings per share reached TWD 4.12, according to Synnex. That combination links the sales surge to profitability rather than volume alone.
Quarterly revenue outpaced the first quarter
For the second quarter of 2026, Synnex reported revenue of TWD 201.01 billion, net income of TWD 3.91 billion and earnings per share of TWD 2.34, Investing.com reported in its latest earnings summary. Revenue increased from TWD 126.36 billion in the first quarter, while net income rose from TWD 2.95 billion, making the sequential comparison the key operating signal.
The figures also show the economics of technology distribution: high sales volume is paired with a relatively narrow profit base. For investors, the crucial question is whether AI-related demand can preserve the second-quarter earnings pace while the company expands across semiconductors, enterprise systems and consumer technology.
Analysts see room above TWD 107
Investing.com lists a Strong Buy consensus from 3 analysts, with 3 Buy ratings, 0 Hold ratings and 0 Sell ratings. The average 12-month price target is TWD 107.00, with targets ranging from TWD 101 to TWD 115, putting the average target 11.69 percent above the October 6 price.
Synnex Technology International remains a technology distributor whose product mix includes information technology goods, communications equipment, consumer electronics and semiconductor components. The current market capitalization is TWD 159.8 billion, while the 52-week range runs from TWD 54.60 to TWD 100.00.
Stock trades below its yearly high
Synnex Technology International stock was last at TWD 95.80 on Taiwan S.E. at 1:30 p.m. TST on October 6, 2026. The quote stood 4.20 percent below the 52-week high of TWD 100.00, with trading volume at 2,511,286 shares.
Synnex Technology International stock facts
- Company: Synnex Technology International Corporation
- ISIN: TW0002347002
- Ticker: 2347
- Trading venue: Taiwan S.E.
- Price (as of October 6, 2026, 1:30 p.m. TST): TWD 95.80
- Market capitalization: TWD 159.8 billion (as of October 6, 2026)
- 52-week range: TWD 54.60-100.00 (as of October 6, 2026)
- Sector / Industry: Technology / Technology Distributors
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