The Avnet Inc (AVT) share price is expected to decrease by 4.82% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered AVT. Price targets range from $40.00 at the low end to $50.00 at the high end. The current analyst consensus for AVT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assignedAVT 0 buy ratings, 2 hold ratings, and 3 sell ratings. This means that analysts expect Avnet Inc to sell. 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.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
aaron rakers Wells Fargo | Sell | $40.0 | maintained | Feb 14, 2024 |
ruplu bhattacharya Bank of America Securities | Hold | $50.0 | reiterated | Feb 2, 2024 |
william stein Truist Financial | Hold | $49.0 | maintained | Feb 1, 2024 |
toshiya hari Goldman Sachs | Sell | $42.0 | maintained | Jan 31, 2024 |
joseph quatrochi Wells Fargo | Sell | $40.0 | maintained | Nov 29, 2023 |
matthew sheerin Stifel Nicolaus | Hold | $50.0 | maintained | Aug 17, 2023 |
joseph cardoso J.P. Morgan | Sell | $48.0 | maintained | Jul 19, 2023 |
jim suva Citigroup | Hold | $50.0 | maintained | Feb 2, 2023 |
neal dingmann Truist Financial | Hold | $48.0 | maintained | Jan 23, 2023 |
melissa fairbanks Raymond James | Buy | $57.0 | maintained | Jan 27, 2022 |
zhen yang Citigroup | Hold | $45.0 | maintained | Jan 27, 2022 |
adam tindle Raymond James | Buy | $52.0 | maintained | Aug 12, 2021 |
david williams Benchmark Co. | Buy | $53.0 | upgraded | Apr 30, 2021 |
nikolay todorov Longbow Research | Buy | $37.0 | upgraded | Sep 3, 2020 |
steven fox Fox Advisors | Sell | None | downgraded | Jan 21, 2020 |
adrienne colby Deutsche Bank | Hold | $44.0 | initiatedcoverage | Jun 11, 2019 |
param singh Bank of America Securities | Buy | $56.0 | upgraded | Aug 10, 2018 |
louis miscioscia Daiwa | Buy | $50.0 | reiterated | Jun 22, 2018 |
mark delaney Goldman Sachs | Sell | $34.0 | downgraded | May 16, 2018 |
brian alexander Raymond James | Buy | $47.0 | rated | Aug 7, 2017 |
Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.
When did it IPO
0
Staff Count
15,800
Country
United States
Sector/Industry
Technology/Electronics & Computer Distribution
CEO
Mr. Philip R. Gallagher
Market Cap
$4.13B
In 2023, AVT generated $0 in revenue, which was a increase of 0.00% 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 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
MRTX-USD
$58.7
POWI-USD
$73.35
ACAD-USD
$24.85
INSM-USD
$29.21
FOLD-USD
$13.56
$48.92