Avnet, Inc. (AVT)
| Market Cap | 6.73B +50.6% |
| Revenue (ttm) | 24.96B +12.7% |
| Net Income | 213.90M -32.5% |
| EPS | 2.56 -28.1% |
| Shares Out | 82.02M |
| PE Ratio | 32.10 |
| Forward PE | 10.90 |
| Dividend | $1.40 (1.71%) |
| Ex-Dividend Date | Mar 4, 2026 |
| Volume | 1,210,910 |
| Open | 81.72 |
| Previous Close | 80.86 |
| Day's Range | 81.14 - 83.07 |
| 52-Week Range | 44.25 - 84.75 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 71.67 (-12.69%) |
| Earnings Date | Apr 29, 2026 |
About AVT
Avnet, Inc., distributes electronic component technology in the Americas, Europe, the Middle East, Africa, and Asia/Pacific. It operates through two segments, Electronic Components and Farnell. The company markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated and embedded components from electronic component manufacturers. It also offers design support that provides engineers with technical design solutions; engineering and technical resources to support product design, bil... [Read more]
Financial Performance
In fiscal year 2025, Avnet's revenue was $22.20 billion, a decrease of -6.55% compared to the previous year's $23.76 billion. Earnings were $240.22 million, a decrease of -51.83%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for AVT stock is "Hold." The 12-month stock price target is $71.67, which is a decrease of -12.69% from the latest price.
News
Avnet price target raised to $95 from $69 at Raymond James
Raymond James raised the firm’s price target on Avnet (AVT) to $95 from $69 and keeps a Strong Buy rating on the shares. Avnet reported March quarter results showing continued
Avnet price target raised to $95 from $80 at Truist
Truist raised the firm’s price target on Avnet (AVT) to $95 from $80 and keeps a Buy rating on the shares. The firm noted that Avnet “continues its cyclical recovery,”
Avnet Earnings Call Transcript: Q3 2026
Record Q3 sales of $7.1B, up 34% year-over-year, driven by strong demand in Asia, industrial, and data center markets. Operating margins expanded, inventory days improved, and guidance points to continued growth and margin expansion in Q4.
Avnet reports Q3 EPS $1.48, consensus $1.32
Reports Q3 revenue $7.1B, consensus $6.41B. “Sales and earnings exceeded our expectations, with double-digit sales growth both sequentially and year over year. Our team is executing well, driving impr...
Avnet Reports Third Quarter 2026 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports third quarter 2026 financial results.
Avnet to Report Third Quarter Fiscal Year 2026 Earnings on April 29
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report third quarter fiscal year 2026 earnings on April 29.
Avnet upgraded to Buy from Hold at Truist
Truist upgraded Avnet (AVT) to Buy from Hold with a price target of $80, up from $65. Recently conducted discussions with industry contacts were “significantly more constructive in every way,”
Avnet Transcript: 47th Annual Raymond James Institutional Investor Conference
The company is seeing strong recovery in Asia and early signs of growth in Europe and the Americas, with healthy customer inventories and robust demand. Margin improvement is expected through operational efficiency, digital transformation, and growth in higher-margin segments like Farnell. Capital allocation remains disciplined, with a focus on reducing leverage and returning cash to shareholders.
Avnet Declares Regular Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.
Avnet to Participate in the Raymond James Institutional Investors Conference on March 2
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Raymond James Institutional Investors Conference on March 2.
Avnet price target raised to $55 from $50 at BofA
BofA raised the firm’s price target on Avnet (AVT) to $55 from $50 and keeps an Underperform rating on the shares. The company is executing well and reported fiscal Q2
Avnet price target raised to $65 from $55 at Truist
Truist raised the firm’s price target on Avnet (AVT) to $65 from $55 and keeps a Hold rating on the shares after its Q2 earnings beat. The company is inching
Avnet price target raised to $48 from $43 at Wells Fargo
Wells Fargo raised the firm’s price target on Avnet (AVT) to $48 from $43 and keeps an Underweight rating on the shares. The firm says Avnet continues to report signs
Avnet Earnings Call Transcript: Q2 2026
Sales rose 12% year-over-year to $6.3 billion, with strong growth in all regions and segments. Operating margins expanded, inventory and working capital improved, and guidance points to continued recovery and margin expansion, especially in Western regions.
Avnet reports Q2 adjusted EPS $1.05, consensus 95c
Reports Q2 revenue $6.32B, consensus $6.03B. “We delivered year-over-year sales growth across all of our Electronic Components regions and Farnell, and both total Company revenue and earnings per shar...
Avnet sees Q3 EPS $1.20-$1.30, consensus $1.20
Sees Q3 revenue $6.2B-$6.5B, consensus $5.85B. The company said, “The above guidance implies better-than-typical sequential sales growth of approximately 1% at the midpoint and assumes sales growth in...
Avnet Reports Second Quarter 2026 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports second quarter 2026 financial results.
Avnet to Report Second Quarter Fiscal Year 2026 Earnings on January 28
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report second quarter fiscal year 2026 earnings on January 28.
Navitas Semiconductor expands distribution agreement with Avnet
Navitas Semiconductor (NVTS) announced an expansion of its distribution agreement with Avnet (AVT), making Avnet a globally franchised strategic distribution partner for Navitas. The deal is part of t...
Avnet Transcript: 53rd Annual Nasdaq Investor Conference
A global distributor with a diversified portfolio is leveraging digital transformation and a strong balance sheet to navigate a prolonged down cycle. Growth is led by Asia-Pacific, with Europe and the Americas showing signs of recovery. AI and e-commerce (Farnell) are key drivers for future margin expansion.
Avnet to Participate in the Nasdaq Investor Conference on December 9
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Nasdaq Investor Conference on December 9.
Avnet management to meet virtually with Benchmark
Virtual Meeting to be held on November 4 at 1 pm hosted by Benchmark.
Avnet price target raised to $55 from $54 at Truist
Truist raised the firm’s price target on Avnet (AVT) to $55 from $54 and keeps a Hold rating on the shares. The firm notes the company posted Q3 upside, and
Avnet Earnings Call Transcript: Q1 2026
Q1 FY26 sales rose 5% YoY to $5.9B, led by Asia and Farnell, with adjusted EPS of $0.84. Gross margin declined slightly, but operating leverage is improving as Americas return to growth. Q2 guidance implies continued sequential sales growth and margin stability.
Avnet sees Q2 adjusted EPS 90c-$1, consensus $1.02
Sees Q2 revenue $5.85B-$6.15B, consensus $5.87B.