Stock Price
P/E Ratio
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Arrow Electronics Inc Market Cap
From what 7 stock analysts predict, the share price for Arrow Electronics Inc (ARW) might increase by 4.13% in the next year. This is based on a 12-month average estimation for ARW. Price targets go from $105 to $135. The majority of stock analysts believe ARW is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assigned ARW 1 buy ratings, 5 hold ratings, and 1 sell ratings. This means that analysts expect Arrow Electronics Inc to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ARW. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ARW.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Melissa Fairbanks Raymond James | Outperform | $135 | Maintains | Nov 1, 2024 |
| William Stein Truist Securities | Hold | $120 | Maintains | Nov 1, 2024 |
| Melissa Fairbanks Raymond James | Outperform | $140 | Maintains | Aug 2, 2024 |
| William Stein Truist Securities | Hold | $141 | Maintains | Aug 2, 2024 |
| Joseph Quatrochi Wells Fargo | Underweight | $110 | Maintains | Aug 2, 2024 |
| Toshiya Hari Goldman Sachs | Neutral | $132 | Maintains | May 28, 2024 |
| Toshiya Hari Goldman Sachs | Neutral | $132 | Maintains | May 21, 2024 |
| William Stein Truist Securities | Hold | $124 | Maintains | Feb 9, 2024 |
Goldman Sachs | Neutral | Maintains | Feb 9, 2024 | |
| William Stein Truist Securities | Hold | $138 | Maintains | Aug 7, 2023 |
| Ruplu Bhattacharya B of A Securities | Neutral | $135 | Maintains | May 9, 2023 |
| Toshiya Hari Goldman Sachs | Neutral | $126 | Maintains | Feb 6, 2023 |
| Joseph Quatrochi Wells Fargo | Underweight | $100 | Maintains | Feb 3, 2023 |
| Melissa Fairbanks Raymond James | Outperform | $150 | Maintains | Feb 3, 2023 |
| William Stein Truist Securities | Hold | $131 | Maintains | Feb 3, 2023 |
| Jim Suva Citigroup | Neutral | $140 | Maintains | Feb 3, 2023 |
| William Stein Truist Securities | Hold | $116 | Maintains | Jan 23, 2023 |
| Melissa Fairbanks Raymond James | Outperform | $125 | Maintains | Nov 4, 2022 |
| Matthew Sheerin Stifel | Hold | $105 | Maintains | Oct 10, 2022 |
| Joseph Quatrochi Wells Fargo | Underweight | $87 | Downgrade | Sep 16, 2022 |
When did it IPO
1984
Staff Count
22,100
Country
United States
Sector/Industry
Technology/Electronics & Computer Distribution
CEO
Mr. Sean J. Kerins
Market Cap
$6.32B
In 2023, ARW generated $33.11B in revenue, which was a decrease of -10.82% from the previous year. This can be seen as a signal that ARW's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 25 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Arrow Electronics has signed a distribution agreement with Broadcom for VMware solutions in the U.S. and Canada, enhancing its North American portfolio.
Why It Matters - Arrow Electronics' new agreement with Broadcom enhances its product offerings and market position, potentially driving revenue growth and increasing investor confidence in its future performance.
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Arrow Electronics has upgraded its ArrowSphere Cloud platform to enable channel partners to create custom AI assistants, enhancing efficiency and market entry speed.
Why It Matters - Arrow Electronics’ AI enhancement in its cloud platform boosts efficiency and market responsiveness for partners, potentially increasing sales and market share, which can positively impact investor confidence and stock performance.
Mon, 04 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Arrow Electronics (ARW) anticipates positive year-over-year revenue growth in Q1 2025, supported by cost-cutting and improved margins, despite a recent share price decline.
Why It Matters - Arrow Electronics is poised for revenue growth in 1Q25, backed by improved margins and cost efficiencies. Its attractive valuation suggests potential for significant upside amid a growth cycle.
Fri, 01 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - ARW reported lower revenues and faced challenges from excess inventory in its third-quarter 2024 results.
Why It Matters - Lower revenues and excess inventory indicate potential profitability issues for ARW, affecting cash flow and future growth prospects, which can lead to decreased investor confidence and stock price volatility.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Arrow Electronics will hold its Q3 2024 earnings call on October 31, 2024, at 1:00 PM ET, featuring key executives including the CEO and CFO.
Why It Matters - Arrow Electronics' Q3 2024 earnings call will provide insights into its financial performance and strategic direction, affecting investor sentiment and stock valuation.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Arrow Electronics (NYSE: ARW) reported Q3 2024 results, exceeding revenue guidance amid a cyclical correction in global components, with increasing momentum in enterprise IT spending.
Why It Matters - Arrow Electronics' Q3 2024 results show resilience amid a cyclical downturn, with strong enterprise IT spending. Exceeding revenue guidance may indicate growth potential and investor confidence.
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