The Avnet Inc (AVT) share price is expected to decrease by 2.82% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered AVT. Price targets range from $45 at the low end to $64 at the high end. The current analyst consensus for AVT is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedAVT 1 buy ratings, 5 hold ratings, and 3 sell ratings. This means that analysts expect Avnet Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AVT. 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 AVT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
William Stein Truist Securities | Hold | $52 | Maintains | Aug 9, 2024 |
Joseph Quatrochi Wells Fargo | Underweight | $45 | Maintains | Aug 9, 2024 |
Matthew Sheerin Stifel | Hold | $55 | Maintains | Aug 9, 2024 |
William Stein Truist Securities | Hold | $48 | Maintains | May 2, 2024 |
Mark Delaney Goldman Sachs | Sell | $42 | Maintains | Feb 1, 2024 |
Joseph Quatrochi Wells Fargo | Underweight | $40 | Maintains | Aug 17, 2023 |
Matthew Sheerin Stifel | Hold | $50 | Maintains | Aug 17, 2023 |
William Stein Truist Securities | Hold | $50 | Maintains | Aug 17, 2023 |
Joseph Quatrochi Wells Fargo | Underweight | $37 | Maintains | May 4, 2023 |
Jim Suva Citigroup | Neutral | $50 | Maintains | Feb 2, 2023 |
Joseph Quatrochi Wells Fargo | Underweight | $38 | Maintains | Feb 2, 2023 |
Joseph Cardoso JP Morgan | Underweight | $47 | Maintains | Feb 2, 2023 |
Matthew Sheerin Stifel | Hold | $42 | Maintains | Oct 10, 2022 |
Joseph Quatrochi Wells Fargo | Underweight | $35 | Downgrade | Sep 16, 2022 |
Joseph Cardoso JP Morgan | Underweight | $46 | Initiates | Jul 14, 2022 |
Joseph Quatrochi Wells Fargo | Equal-Weight | $45 | Maintains | Jun 7, 2022 |
Jim Suva Citigroup | Neutral | $50 | Maintains | Jun 7, 2022 |
William Stein Truist Securities | Hold | $41 | Maintains | Apr 8, 2022 |
Melissa Fairbanks Raymond James | Strong Buy | $57 | Maintains | Jan 27, 2022 |
Adam Tindle Raymond James | Strong Buy | $52 | Maintains | Aug 12, 2021 |
When did it IPO
1973
Staff Count
15,462
Country
United States
Sector/Industry
Technology/Electronics & Computer Distribution
CEO
Mr. Philip R. Gallagher
Market Cap
$4.74B
In 2023, AVT generated $26.54B in revenue, which was a increase of 9.16% from the previous year. This can be seen as a signal that AVT's business is growing, and its share price could be worth more 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
Summary - Avnet, Inc. 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.
Why It Matters - Avnet's Q1 2025 earnings call provides insights into financial performance and future guidance, influencing investor sentiment and stock valuation. Key executives' comments may signal growth or risks.
Summary - Avnet has released its financial results for the first quarter of 2025, detailing performance metrics for investors.
Why It Matters - Avnet's Q1 2025 results provide insights into its financial health and performance trends, impacting stock valuation and investor sentiment.
Summary - Avnet (AVT) reported quarterly earnings of $0.92 per share, surpassing the Zacks Consensus Estimate of $0.85, but down from $1.61 per share a year earlier.
Why It Matters - Avnet's earnings beat expectations, indicating strong performance, but a year-over-year decline raises concerns about potential growth and market conditions.
Summary - Avnet's quarterly performance for September 2024 shows key metrics that may be compared to Wall Street estimates and year-ago results, indicating business trends and investor insights.
Why It Matters - Comparing Avnet's performance against Wall Street estimates and past results provides insights into growth trends, operational efficiency, and market positioning, influencing investment decisions.
Summary - AVT's Q1 results show weakness in the West and Farnell segments, overshadowing strong performance in Asia.
Why It Matters - Weakness in AVT's Western and Farnell segments signals potential revenue challenges, impacting overall financial performance and future growth prospects, which may affect stock valuation.
Summary - Avnet will report its first quarter fiscal year 2025 earnings on October 30.
Why It Matters - Avnet's upcoming earnings report on October 30 will provide insights into its financial health and performance trends, impacting stock valuation and investor sentiment.