51.85 USD
-0.66
1.26%
At close Feb 21, 4:00 PM EST
After hours
51.85
+0.00
0.00%
1 day
-1.26%
5 days
1.87%
1 month
-5.12%
3 months
-3.50%
6 months
-5.93%
Year to date
0.35%
1 year
13.46%
5 years
45.73%
10 years
12.62%
 

About: Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.

Employees: 15,462

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

226% more call options, than puts

Call options by funds: $3.41M | Put options by funds: $1.05M

32% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 37

15% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 119

6.04% more ownership

Funds ownership: 96.72% [Q3] → 102.77% (+6.04%) [Q4]

1% more capital invested

Capital invested by funds: $4.66B [Q3] → $4.71B (+$47.5M) [Q4]

0% more funds holding

Funds holding: 355 [Q3] → 356 (+1) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]

Research analyst outlook

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

Low target
$48
7%
downside
Avg. target
$50
4%
downside
High target
$52
0%
upside

2 analyst ratings

positive
0%
neutral
50%
negative
50%
B of A Securities
Ruplu Bhattacharya
73% 1-year accuracy
8 / 11 met price target
7%downside
$48
Underperform
Downgraded
30 Jan 2025
Truist Securities
William Stein
61% 1-year accuracy
22 / 36 met price target
0%upside
$52
Hold
Maintained
30 Jan 2025

Financial journalist opinion

Based on 9 articles about AVT published over the past 30 days

Neutral
Business Wire
1 day ago
Avnet Declares Regular Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.
Avnet Declares Regular Quarterly Dividend
Neutral
Business Wire
3 days ago
Avnet to Participate in the Raymond James Institutional Investors Conference on March 3
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Raymond James Institutional Investors Conference on March 3.
Avnet to Participate in the Raymond James Institutional Investors Conference on March 3
Neutral
Zacks Investment Research
1 week ago
Unlocking Avnet (AVT) International Revenues: Trends, Surprises, and Prospects
Explore Avnet's (AVT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Unlocking Avnet (AVT) International Revenues: Trends, Surprises, and Prospects
Positive
Seeking Alpha
2 weeks ago
Avnet: Stock Likely To Remain Rangebound In The Near Term
There is evidence of industry recovery and strong performance in Asia is a very positive sign. Weakness in the Americas and EMEA, coupled with uncertain timing of demand recovery, justifies maintaining a neutral rating for now. Current valuation at 11x forward PE is slightly above the 10-year average, and I don't expect a re-rating until tangible improvements are seen in the Americas and Europe.
Avnet: Stock Likely To Remain Rangebound In The Near Term
Negative
Zacks Investment Research
3 weeks ago
Avnet Stock Plunges 10% as Q2 Earnings Miss Estimates, Down Y/Y
AVT's second-quarter fiscal 2025 results highlight continued weakness in the Electronic Components and Farnell segments.
Avnet Stock Plunges 10% as Q2 Earnings Miss Estimates, Down Y/Y
Neutral
Seeking Alpha
3 weeks ago
Avnet, Inc. (AVT) Q2 2025 Earnings Conference Call Transcript
Avnet, Inc. (NASDAQ:AVT ) Q2 2025 Earnings Conference Call January 29, 2025 11:00 AM ET Company Participants Joseph Burke - Vice President, Treasurer & Investor Relations Philip Gallagher - Chief Executive Officer Ken Jacobson - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs William Stein - Truist Securities Joe Quatrochi - Wells Fargo Ruplu Bhattacharya - Bank of America Operator Welcome to the Avnet Second Quarter Fiscal Year 2025 Earnings Call. I would now like to turn the floor over to Joe Burke, Vice President Treasury and Investor Relations for Avnet.
Avnet, Inc. (AVT) Q2 2025 Earnings Conference Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Compared to Estimates, Avnet (AVT) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Avnet (AVT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Avnet (AVT) Q2 Earnings: A Look at Key Metrics
Negative
Zacks Investment Research
3 weeks ago
Avnet (AVT) Lags Q2 Earnings Estimates
Avnet (AVT) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $1.40 per share a year ago.
Avnet (AVT) Lags Q2 Earnings Estimates
Neutral
Business Wire
3 weeks ago
Avnet Reports Second Quarter 2025 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports second quarter 2025 financial results.
Avnet Reports Second Quarter 2025 Financial Results
Neutral
Business Wire
1 month ago
Avnet to Report Second Quarter Fiscal Year 2025 Earnings on January 29
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report second quarter fiscal year 2025 earnings on January 29.
Avnet to Report Second Quarter Fiscal Year 2025 Earnings on January 29
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