12 Month Price Forecast For AVT
Distance to AVT Price Forecasts
AVT Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 11:48 PM UTC
AVT Analyst Ratings & Price Targets
Based on our analysis of 13 Wall Street analysts, AVT has a consensus that is neutral. The median price target is $55.00, with forecasts ranging from $45.00 to $64.00. Currently, there are 1 Buy ratings, 3 Hold ratings, and 2 Sell ratings.
With AVT currently trading at $54.39, the median price forecast suggests a 1.1% upside. The most optimistic forecast comes from at , projecting a 17.7% upside, while Joseph Quatrochi at Wells Fargo provides the most conservative target, suggesting a -17.3% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
AVT Analyst Consensus
AVT Price Target Range
Latest AVT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for AVT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 9, 2024 | Stifel | Matthew Sheerin | Hold | Maintains | $55.00 |
| Aug 9, 2024 | Wells Fargo | Joseph Quatrochi | Underweight | Maintains | $45.00 |
| Aug 9, 2024 | Truist Securities | William Stein | Hold | Maintains | $52.00 |
| May 2, 2024 | Truist Securities | William Stein | Hold | Maintains | $48.00 |
| Feb 1, 2024 | Goldman Sachs | Mark Delaney | Sell | Maintains | $42.00 |
| Aug 17, 2023 | Stifel | Matthew Sheerin | Hold | Maintains | $50.00 |
| Aug 17, 2023 | Wells Fargo | Joseph Quatrochi | Underweight | Maintains | $40.00 |
| Aug 17, 2023 | Truist Securities | William Stein | Hold | Maintains | $50.00 |
| May 4, 2023 | Wells Fargo | Joseph Quatrochi | Underweight | Maintains | $37.00 |
| Feb 2, 2023 | Citigroup | Jim Suva | Neutral | Maintains | $50.00 |
| Feb 2, 2023 | JP Morgan | Joseph Cardoso | Underweight | Maintains | $47.00 |
| Feb 2, 2023 | Wells Fargo | Joseph Quatrochi | Underweight | Maintains | $38.00 |
| Oct 10, 2022 | Stifel | Matthew Sheerin | Hold | Maintains | $42.00 |
| Sep 16, 2022 | Wells Fargo | Joseph Quatrochi | Underweight | Downgrade | $35.00 |
| Jul 14, 2022 | JP Morgan | Joseph Cardoso | Underweight | Initiates | $46.00 |
| Jun 7, 2022 | Wells Fargo | Joseph Quatrochi | Equal-Weight | Maintains | $45.00 |
| Jun 7, 2022 | Citigroup | Jim Suva | Neutral | Maintains | $50.00 |
| Apr 8, 2022 | Truist Securities | William Stein | Hold | Maintains | $41.00 |
| Jan 27, 2022 | Raymond James | Melissa Fairbanks | Strong Buy | Maintains | $57.00 |
| Aug 12, 2021 | Raymond James | Adam Tindle | Strong Buy | Maintains | $52.00 |
Avnet Inc (AVT) Financial Data
Avnet Inc has a market capitalization of $4.71B with a P/E ratio of 14.1x. The company generates $23.03B in trailing twelve-month revenue with a 1.5% profit margin.
Revenue growth is -11.5% quarter-over-quarter, while maintaining an operating margin of +3.1% and return on equity of +7.1%.
Valuation Metrics
Growth & Margins
Financial Health
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Avnet Inc (AVT) Company Overview
About Avnet Inc
Distributes electronic component technology globally.
The company operates through two segments: Electronic Components and Farnell. It generates revenue by marketing, selling, and distributing a wide range of electronic components, providing design chain support, and offering supply chain solutions to various industries including automotive, medical, and telecommunications. Additionally, Farnell focuses on distributing tools and components for engineers and entrepreneurs.
Founded in 1921 and headquartered in Phoenix, Arizona, Avnet has a global presence with operations in the Americas, Europe, the Middle East, Africa, and Asia, catering to diverse markets and providing tailored technical solutions.
Company Information
Sector
Technology
Industry
Electronics & Computer Distribution
Employees
15,462
CEO
Mr. Philip R. Gallagher
Country
United States
IPO Year
1973
Website
www.avnet.comAvnet Inc (AVT) Latest News & Analysis
New Strong Sell Stocks for December 6th
7 days agoAM, AVT, and BMO have been designated with a Zacks Rank #5 (Strong Sell) as of December 6, 2024.
AM, AVT, and BMO being ranked as Strong Sell indicates potential underperformance, signaling investors to reassess or reduce exposure to these stocks.
Avnet (AVT) Up 0% Since Last Earnings Report: Can It Continue?
14 days agoAvnet (AVT) recently reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for future stock performance.
Upcoming earnings reports can influence stock price volatility, affect investor sentiment, and provide insights into company performance and market trends.
Avnet to Participate in Investor Conferences in December
18 days agoAvnet will participate in investor conferences in December, which may provide insights into the company's performance and strategy for investors.
Avnet's participation in investor conferences may signal opportunities for insights on strategy and performance, potentially influencing stock price and investor sentiment.
Avnet Declares Regular Quarterly Dividend
22 days agoAvnet has declared its regular quarterly dividend.
Avnet's declaration of a quarterly dividend signals financial stability and a commitment to returning value to shareholders, potentially boosting investor confidence and interest.
International Markets and Avnet (AVT): A Deep Dive for Investors
1 month agoAvnet's international revenue trends are influencing Wall Street forecasts and may affect the stock's future performance. Investors should monitor these patterns closely.
Avnet's international revenue trends can influence Wall Street forecasts, impacting stock valuations and investor sentiment based on growth potential in global markets.
Avnet, Inc. (AVT) Q1 2025 Earnings Call Transcript
1 month agoAvnet, Inc. (NASDAQ: AVT) will hold its Q1 2025 earnings conference call on October 30, 2024, at 12:00 PM ET, featuring key executives and analysts from major financial institutions.
Avnet's Q1 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.
Frequently Asked Questions About AVT Stock
What is Avnet Inc's (AVT) stock forecast for 2025?
Based on our analysis of 13 Wall Street analysts, Avnet Inc (AVT) has a median price target of $55.00. The highest price target is $64.00 and the lowest is $45.00.
Is AVT stock a good investment in 2025?
According to current analyst ratings, AVT has 1 Buy ratings, 3 Hold ratings, and 2 Sell ratings. The stock is currently trading at $54.39. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for AVT stock?
Wall Street analysts predict AVT stock could reach $55.00 in the next 12 months. This represents a 1.1% increase from the current price of $54.39. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Avnet Inc's business model?
The company operates through two segments: Electronic Components and Farnell. It generates revenue by marketing, selling, and distributing a wide range of electronic components, providing design chain support, and offering supply chain solutions to various industries including automotive, medical, and telecommunications. Additionally, Farnell focuses on distributing tools and components for engineers and entrepreneurs.
What is the highest forecasted price for AVT Avnet Inc?
The highest price target for AVT is $64.00 from at , which represents a 17.7% increase from the current price of $54.39.
What is the lowest forecasted price for AVT Avnet Inc?
The lowest price target for AVT is $45.00 from Joseph Quatrochi at Wells Fargo, which represents a -17.3% decrease from the current price of $54.39.
What is the overall AVT consensus from analysts for Avnet Inc?
The overall analyst consensus for AVT is neutral. Out of 13 Wall Street analysts, 1 rate it as Buy, 3 as Hold, and 2 as Sell, with a median price target of $55.00.
How accurate are AVT stock price projections?
Stock price projections, including those for Avnet Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
