Avnet Inc

Avnet Inc Stock Forecast & Price Prediction

Live Avnet Inc Stock (AVT) Price
$54.54

9

Ratings

  • Buy 1
  • Hold 5
  • Sell 3
Disclaimer : 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. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$54.54

P/E Ratio

14.12

Volume Traded Today

$816,253

Dividend

$0.33

52 Week High/low

59.24/43.62

Avnet Inc Market Cap

$4.74B

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AVT Summary

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.

AVT Analyst Ratings

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.

AVT stock forecast by analyst

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

AVT Company Information

What They Do: Distributes electronic component technology globally.

Business Model: Avnet operates through two segments: Electronic Components and Farnell. The Electronic Components segment generates revenue by marketing and distributing a wide range of electronic components, while also providing design chain support and supply chain solutions to various industries. The Farnell segment offers kits and tools for engineers and entrepreneurs, contributing additional revenue through its distribution of electronic and industrial automation components.

Other Information: Founded in 1921 and headquartered in Phoenix, Arizona, Avnet serves diverse markets including automotive, medical, defense, aerospace, telecommunications, and industrial sectors. The company's global presence spans the Americas, Europe, the Middle East, Africa, and Asia, positioning it as a key player in the electronic component distribution industry.
AVT
Avnet Inc (AVT)

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

Avnet Inc (AVT) Financial Data

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

N/A

Revenue From 2021

$19.53B

0.00 %
From Previous Year

Revenue From 2022

$24.31B

24.45 %
From Previous Year

Revenue From 2023

$26.54B

9.16 %
From Previous Year
  • Revenue TTM $23.03B
  • Operating Margin TTM 3.0%
  • Gross profit TTM $2.77B
  • Return on assets TTM 4.1%
  • Return on equity TTM 7.1%
  • Profit Margin 1.5%
  • Book Value Per Share 57.19%
  • Market capitalisation $4.74B
  • Revenue for 2021 $19.53B
  • Revenue for 2022 $24.31B
  • Revenue for 2023 $26.54B
  • EPS this year (TTM) $3.84

Avnet Inc (AVT) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

AVT Frequently asked questions

The highest forecasted price for AVT is $64 from at .

The lowest forecasted price for AVT is $45 from from Deutsche Bank

The AVT analyst ratings consensus are 1 buy ratings, 5 hold ratings, and 3 sell ratings.