ARW icon

Arrow Electronics

114.75 USD
-0.67
0.58%
At close Dec 20, 4:00 PM EST
After hours
114.94
+0.19
0.17%
1 day
-0.58%
5 days
-4.18%
1 month
0.54%
3 months
-12.83%
6 months
-9.25%
Year to date
-4.29%
1 year
-6.71%
5 years
35.38%
10 years
98.19%
 

About: Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.

Employees: 22,100

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

197% more call options, than puts

Call options by funds: $4.54M | Put options by funds: $1.53M

20% more funds holding in top 10

Funds holding in top 10: 10 [Q2] → 12 (+2) [Q3]

14% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 50

7% more capital invested

Capital invested by funds: $6.57B [Q2] → $7.01B (+$444M) [Q3]

2% more funds holding

Funds holding: 451 [Q2] → 458 (+7) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 172

1.46% less ownership

Funds ownership: 102.18% [Q2] → 100.72% (-1.46%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$120
5%
upside
Avg. target
$128
11%
upside
High target
$135
18%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Raymond James
Melissa Fairbanks
0% 1-year accuracy
0 / 3 met price target
18%upside
$135
Outperform
Maintained
1 Nov 2024
Truist Securities
William Stein
55% 1-year accuracy
22 / 40 met price target
5%upside
$120
Hold
Maintained
1 Nov 2024

Financial journalist opinion

Based on 3 articles about ARW published over the past 30 days

Negative
Zacks Investment Research
3 days ago
New Strong Sell Stocks for November 18th
ASH, ARW and AN have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2024.
New Strong Sell Stocks for November 18th
Neutral
Business Wire
1 week ago
Arrow Electronics Names Lawrence (Liren) Chen as a New Director to Its Board
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced that Lawrence (Liren) Chen has joined the company's board of directors and has been appointed a member of the board's audit committee. The addition of Chen will increase the total number of directors on the board to 10. Chen is president, chief executive officer and a member of the board of directors of InterDigital, Inc., a global research and development company focused primarily on wireless, video, artific.
Arrow Electronics Names Lawrence (Liren) Chen as a New Director to Its Board
Neutral
Business Wire
3 weeks ago
Arrow Electronics Authorized by Broadcom to Provide VMware Solutions to North America Channel Partners
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics (NYSE: ARW) announced today that it has signed a new agreement with Broadcom for the distribution of VMware solutions in the U.S. and Canada. “Arrow is excited to further strengthen our relationship with Broadcom with the availability of VMware solutions in our North America portfolio,” said Ben Klay, president of Arrow's enterprise computing solutions business in North America. “Our extensive experience with VMware and in-depth knowledge of.
Arrow Electronics Authorized by Broadcom to Provide VMware Solutions to North America Channel Partners
Neutral
Business Wire
1 month ago
Arrow Electronics Enhances Its ArrowSphere AI Capabilities to Boost Channel Partner Cloud Businesses Strategies
CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE: ARW) has enhanced its AI-infused ArrowSphere Cloud platform, allowing channel partners to create custom AI assistants that tap their own data, workflows, content, and vendor-specific data to deliver efficiency, cost reductions, and faster market entry. “ArrowSphere's augmented generative AI tools will mark a shift in how our channel partners are able interact with their customers,” said Eric.
Arrow Electronics Enhances Its ArrowSphere AI Capabilities to Boost Channel Partner Cloud Businesses Strategies
Positive
Seeking Alpha
1 month ago
Arrow Electronics: Growth Should Inflect Positive In FY25
Arrow Electronics (ARW) is nearing a growth inflection point, with 1Q25 expected to be the first quarter of positive y/y year revenue growth. ARW is entering the next growth cycle with a structurally improved margin profile due to cost-cutting initiatives and leaner operations. Despite recent share price decline, ARW's valuation remains attractive, with potential upside as it enters the growth cycle.
Arrow Electronics: Growth Should Inflect Positive In FY25
Neutral
Zacks Investment Research
1 month ago
Arrow Electronics' Q3 Earnings Beat Estimates, Revenues Fall Y/Y
ARW's third-quarter 2024 results reflect lower revenues and excess inventory headwinds.
Arrow Electronics' Q3 Earnings Beat Estimates, Revenues Fall Y/Y
Neutral
Seeking Alpha
1 month ago
Arrow Electronics, Inc. (ARW) Q3 2024 Earnings Call Transcript
Arrow Electronics, Inc. (NYSE:ARW ) Q3 2024 Results Conference Call October 31, 2024 1:00 PM ET Company Participants Brad Windbigler - Treasurer and Vice President of Investor Relations Sean Kerins - CEO, President Raj Agrawal - CFO Conference Call Participants Matt Sheerin - Stifel William Stein - Truist Securities Joe Quatrochi - Wells Fargo Ruplu Bhattacharya - Bank of America Melissa Fairbanks - Raymond James Toshiya Hari - Goldman Sachs Operator Ladies and gentlemen, good day, and welcome to the Arrow Electronics Third Quarter 2024 Earnings Call. Today's conference is being recorded.
Arrow Electronics, Inc. (ARW) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Compared to Estimates, Arrow Electronics (ARW) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Arrow Electronics (ARW) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Compared to Estimates, Arrow Electronics (ARW) Q3 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
1 month ago
Arrow Electronics (ARW) Q3 Earnings and Revenues Surpass Estimates
Arrow Electronics (ARW) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $4.14 per share a year ago.
Arrow Electronics (ARW) Q3 Earnings and Revenues Surpass Estimates
Neutral
Business Wire
1 month ago
Arrow Electronics Reports Third-Quarter 2024 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its third quarter of 2024. “In the third quarter, the company continued to execute well in a challenging environment. While the cyclical correction continues in our global components business, we saw enterprise IT spending gain momentum,” said Sean Kerins, Arrow's president and chief executive officer. “I am pleased that we delivered revenue above the midpoint of our guidance range and n.
Arrow Electronics Reports Third-Quarter 2024 Results
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