INTC
Intel Corporation
INTC offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
SNX
TD SYNNEX Corporation
SNX has the edge over INTC overall, supported by lower modeled downside and stronger modeled upside.
INTC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
INTC's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
SNX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Under pressure | |
| Stable |
SNX's revenue and profitability are currently healthy, and its balance sheet is stable, but its cash flow is under pressure.
INTC PE Valuation
INTC has no meaningful PE right now: it lost money over the past year.
SNX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $243 | — |
| Cheap | 14x | $223 | -8.2% |
| Current | 15x | $243 | — |
| Fair | 16x | $259 | +6.7% |
| Expensive | 18x | $287 | +18% |
Historical ranges are pointers, not guarantees.
SNX's PE is in its cheap range at 15x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
INTC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Broad | |
| Low |
INTC has the edge over SNX on the outlook, with more favorable profitability expectations.
SNX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for SNX, with profitability holding steady. However, they disagree widely on these estimates.
INTC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.41 | — |
| Q3 2026 | -$2.39 | -24000% |
| Q2 2026 | -$2.09 | +$2.68 |
| Q1 2026 | -$0.60 | +$3.88 |
| Q4 2025 | -$0.06 | +$4.32 |
| Q3 2025 | $0.01 | +$3.72 |
| Q2 2025 | -$4.77 | -2088% |
| Q1 2025 | -$4.48 | -562% |
| Q4 2024 | -$4.38 | -1195% |
INTC has swung to a loss: it lost $2.39 per share over the past year, after a profit the year before.
SNX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $23.63 | +44% |
| Q3 2026 | $16.39 | +78% |
| Q2 2026 | $13.95 | +63% |
| Q1 2026 | $12.01 | +50% |
| Q4 2025 | $9.95 | +25% |
| Q3 2025 | $9.21 | +19% |
| Q2 2025 | $8.55 | +20% |
| Q1 2025 | $8.00 | +16% |
| Q4 2024 | $7.95 | +19% |
SNX has the edge over INTC on earnings quality, reporting a profit while its opponent remains loss making.
INTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.5B | +21% |
| Q2 2026 | $16.1B | +25% |
| Q1 2026 | $13.6B | +7.2% |
| Q4 2025 | $13.7B | -4.1% |
| Q3 2025 | $13.7B | +2.8% |
| Q2 2025 | $12.9B | +0.2% |
| Q1 2025 | $12.7B | -0.4% |
| Q4 2024 | $14.3B | -7.4% |
INTC's revenue is recovering but still below its 2021 peak: $16.5B last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +10 points |
| Q2 2026 | 11% | +36 points |
| Q1 2026 | -23% | -21 points |
| Q4 2025 | 4.2% | +1.4 points |
| Q3 2025 | 5% | +73 points |
| Q2 2025 | -25% | -9.4 points |
| Q1 2025 | -2.4% | +6 points |
| Q4 2024 | 2.9% | -14 points |
INTC has the edge over SNX on profitability, with a higher operating margin.
SNX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $21.6B | +38% |
| Q2 2026 | $19.6B | +31% |
| Q1 2026 | $17.2B | +18% |
| Q4 2025 | $17.4B | +9.7% |
| Q3 2025 | $15.7B | +6.6% |
| Q2 2025 | $14.9B | +7.2% |
| Q1 2025 | $14.5B | +4% |
| Q4 2024 | $15.8B | +10% |
SNX has the edge over INTC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3% | +0.5 points |
| Q2 2026 | 2.6% | +0.4 points |
| Q1 2026 | 2.9% | +0.8 points |
| Q4 2025 | 2.3% | +0.2 points |
| Q3 2025 | 2.5% | +0.4 points |
| Q2 2025 | 2.2% | +0.3 points |
| Q1 2025 | 2.1% | -0.1 points |
| Q4 2024 | 2% | +0.1 points |
SNX's operating margin was 3% last quarter, up 0.5 points from the same quarter a year ago.
INTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +774% |
| Q2 2026 | $4.5B | +$6B |
| Q1 2026 | -$2.5B | +$1.8B |
| Q4 2025 | $800M | +$3.5B |
| Q3 2025 | $121M | +$2.5B |
| Q2 2025 | -$1.5B | +$1.9B |
| Q1 2025 | -$4.4B | +$2.8B |
| Q4 2024 | -$2.7B | -$597M |
INTC has the edge over SNX on cash generation, producing positive trailing cash flow while its opponent burns cash.
SNX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$975.6M | -556% |
| Q2 2026 | -$332.4M | -161% |
| Q1 2026 | -$929M | -$139.5M |
| Q4 2025 | $1.4B | +177% |
| Q3 2025 | $213.9M | -37% |
| Q2 2025 | $542.9M | +$695.5M |
| Q1 2025 | -$789.5M | -330% |
| Q4 2024 | $512.9M | +205% |
SNX's free cash flow has turned negative after years in the green: −$815M over the past year.
INTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4% | +203M shares |
| 1 year | +17% | +776M shares |
| 3 years | +25% | +1.1B shares |
| 5 years | +30% | +1.2B shares |
| Available history | +19% | +834M shares |
INTC has 5.3B diluted shares, up 17% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | $114M |
| Q1 2021 | $2.3B |
SNX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -342K shares |
| 1 year | -3% | -2.5M shares |
| 3 years | -15% | -13.5M shares |
| 5 years | +54% | +27.7M shares |
| Available history | -22% | -22.5M shares |
SNX has the edge over INTC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.3M |
| Q2 2026 | $112.4M |
| Q1 2026 | $79.7M |
| Q4 2025 | $173M |
| Q3 2025 | $173.8M |
| Q2 2025 | $148.8M |
| Q1 2025 | $100.5M |
| Q4 2024 | $102M |
SNX spent $465M buying back its own shares over the past year, down 11% from the year before.
INTC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 3.1x | Elevated |
| Q1 2026 | 3.9x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q1 2025 | 69.6x | High |
| Q3 2024 | 23.8x | High |
| Q2 2024 | 4.3x | High |
INTC's net debt is about 2.0 years of its operating earnings (EBITDA), down from 4.0 years a year ago.
SNX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.6x | Healthy |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.9x | Healthy |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 1.8x | Healthy |
SNX's net debt is about 1.9 years of its operating earnings (EBITDA), about the same as a year ago.
INTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.1 | Neutral |
| Stochastic | 7.7 | Oversold |
INTC's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
SNX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.0 | Neutral |
| Stochastic | 17.1 | Oversold |
SNX's weekly RSI is 50 (neutral) and its Stochastic is 17 (oversold).
INTC PE vs Technology Sector
| Metric | INTC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
INTC has no meaningful PE right now: it lost money over the past year.
SNX PE vs Technology Sector
| Metric | SNX | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 28x | 47% below |
| PE % | 30 | 35 | 5 pts below |
SNX is trading at 15x earnings, a 47% discount to the Technology sector's median of 28x.
INTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $88.4 | 31% below |
| 20 week MA | $95.3 | 36% below |
| 50 week MA | $79.3 | 23% below |
| 100 week MA | $52.1 | 18% above |
| 200 week MA | $42.5 | 44% above |
INTC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 44% above its 200-week average.
SNX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $250.8 | 3.3% below |
| 20 week MA | $252.9 | 4.1% below |
| 50 week MA | $216.8 | 12% above |
| 100 week MA | $176.2 | 38% above |
| 200 week MA | $141.2 | 72% above |
SNX has the edge over INTC on trend strength, trading above more of its moving averages.
INTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.1 | $47.1 | -22% |
| 2021 | $47.1 | $51.3 | +9% |
| 2022 | $51.3 | $26.1 | -49% |
| 2023 | $26.1 | $50.3 | +93% |
| 2024 | $50.3 | $20.3 | -60% |
| 2025 | $20.3 | $36.2 | +78% |
| 2026 YTD | $36.2 | $61.2 | +69% |
INTC has the edge over SNX on returns for 2026, with the stronger performance.
SNX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $64.6 | $82.7 | +28% |
| 2021 | $82.7 | $113.2 | +37% |
| 2022 | $113.2 | $95.2 | -16% |
| 2023 | $95.2 | $107.6 | +13% |
| 2024 | $107.6 | $118.3 | +10% |
| 2025 | $118.3 | $154.9 | +31% |
| 2026 YTD | $154.9 | $242.5 | +57% |
SNX has finished higher in five of the last six years. It's up 57% so far in 2026.