Arrow Electronics, Inc. (ARW)

NYSE: ARW · Real-Time Price · USD
114.13
+0.41 (0.36%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.36%
Market Cap 6.00B
Revenue (ttm) 28.49B
Net Income (ttm) 487.40M
Shares Out 52.59M
EPS (ttm) 8.98
PE Ratio 12.70
Forward PE 10.47
Dividend n/a
Ex-Dividend Date n/a
Volume 346,396
Open 113.57
Previous Close 113.72
Day's Range 112.80 - 114.33
52-Week Range 108.51 - 137.80
Beta 1.27
Analysts Hold
Price Target 124.25 (+8.87%)
Earnings Date Oct 31, 2024

About ARW

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistor... [Read more]

Sector Technology
Founded 1935
Employees 22,100
Stock Exchange NYSE
Ticker Symbol ARW
Full Company Profile

Financial Performance

In 2023, Arrow Electronics's revenue was $33.11 billion, a decrease of -10.82% compared to the previous year's $37.12 billion. Earnings were $903.51 million, a decrease of -36.68%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ARW stock is "Hold." The 12-month stock price forecast is $124.25, which is an increase of 8.87% from the latest price.

Price Target
$124.25
(8.87% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

7 days ago - Business Wire

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 ...

16 days ago - Seeking Alpha

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 - ...

20 days ago - Seeking Alpha

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 ...

20 days ago - Business Wire

Arrow Electronics Accelerates Automotive Software Development with Expansion into New Development Centres

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the expansion of its...

21 days ago - Business Wire

Arrow Electronics to Host Third-Quarter 2024 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss third-quarter 2024 financial results on Oct. 31, 2024, at 1:00 p.m. ET. Webca...

4 weeks ago - Business Wire

Arrow Electronics Announces Global Availability of Its ArrowSphere Assistant AI Cloud Business Companion

CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. announced today the general availability of ArrowSphere Assistant, an AI-powered copilot tool that help...

2 months ago - Business Wire

Arrow Electronics and Citrix Sign Strategic Citrix Service Provider Distribution Agreement for North America and EMEA

CENTENNIAL, Colo. & FORT LAUDERDALE, Fl.--(BUSINESS WIRE)--Global technology provider Arrow Electronics (NYSE: ARW) and Citrix, a business unit of Cloud Software Group, Inc., today announced a strateg...

2 months ago - Business Wire

Hammerspace Global Data Platform Software Now Available as Series of Appliances Through Arrow Electronics

SAN MATEO, Calif.--(BUSINESS WIRE)-- #AI--Hammerspace teams with Arrow Electronics to offer a series of appliances, simplifying the purchase of the Hammerspace Global Data Platform software.

2 months ago - Business Wire

Arrow Electronics: Timing Of A Growth Turnaround Is Getting Nearer

Buy rating maintained for Arrow Electronics stock due to better visibility into the timing of growth recovery. 2Q24 results show positive signs with revenue stabilization, improving booking trends, an...

3 months ago - Seeking Alpha

Arrow Electronics, Inc. (ARW) Q2 2024 Earnings Call Transcript

Arrow Electronics, Inc. (NYSE:ARW) Q2 2024 Earnings Conference Call August 1, 2024 1:00 PM ET Company Participants Brad Windbigler – Treasurer and Vice President of Investor Relations Sean Kerins – P...

3 months ago - Seeking Alpha

Arrow Electronics Reports Second-Quarter 2024 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its second quarter of 2024. “We continued to execute well in an evolving market environment...

3 months ago - Business Wire

Arrow Electronics to Host Second-Quarter 2024 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss second-quarter 2024 financial results on Aug. 1, 2024, at 1:00 p.m. ET. Webca...

4 months ago - Business Wire

Bitdefender Expands Arrow Electronics Collaboration with Powerful Subscription-Based Cybersecurity Solutions for Businesses

BUCHAREST, Romania & SANTA CLARA, Calif.--(BUSINESS WIRE)--Bitdefender has expanded its collaboration with Arrow Electronics to deliver powerful threat prevention, detection and response solutions to ...

5 months ago - Business Wire

Arrow Electronics and Bourns Collaborate to Accelerate Electrification

CENTENNIAL, Colo. & CORK, Ireland--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) and Bourns, Inc., a leading manufacturer and supplier of electronics components for power, protection, and sensin...

5 months ago - Business Wire

Arrow Electronics Wins Rubrik's 2024 Global Partner Award for Distribution Partner of the Year

CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. announced today it has been named Distribution Partner of the Year as part of the 2024 Rubrik Global Pa...

6 months ago - Business Wire

Arrow Electronics: Industry Cycle's Trough Should Be In FY24

I see leading indications that the cyclical downturn is ending. The company's scale is its biggest competitive advantage against subscale players. Historical analysis suggests that growth acceleration...

6 months ago - Seeking Alpha

Arrow Electronics to Present at Upcoming Investor Conference

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced its management is scheduled to present at the Stifel Cross Sector Insight Conference on Tuesday, June 4, 2024, at...

6 months ago - Business Wire

Arrow Electronics, Inc. (ARW) Q1 2024 Earnings Call Transcript

Arrow Electronics, Inc. (NYSE:ARW) Q1 2024 Earnings Conference Call May 2, 2024 1:00 PM ET Company Participants Raj Agrawal – Senior Vice President and Chief Financial Officer Brad Windbigler – Vice ...

7 months ago - Seeking Alpha

Arrow Electronics Reports First-Quarter 2024 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its first quarter of 2024. “We continued to execute well in a challenging market environmen...

7 months ago - Business Wire

Arrow Electronics Tapped to Become Sole Global Provider of Broadcom's CloudHealth From VMware Offering

CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE: ARW) announced that Broadcom selected it as the sole provider for its CloudHealth from VMware of...

7 months ago - Business Wire

Arrow Electronics to Host First-Quarter 2024 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss first-quarter 2024 financial results on May 2, 2024, at 1:00 p.m. ET. Webcast...

7 months ago - Business Wire

Arrow Electronics Launches Intelligent Vision Ecosystem

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) is utilizing the onsemi™ Imager Access System (IAS) module standard for developing intelligent vision solutions for use in roboti...

8 months ago - Business Wire

Arrow Electronics Introduces IT Distribution's First AI Companion to Supercharge Cloud Business Management

CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE:ARW) announced today that it has launched an initial release of ArrowSphere Assistant, an AI-powe...

8 months ago - Business Wire

Arrow Electronics Evolves ArrowSphere into Digital Distribution Platform to Reduce Complexity and Accelerate Growth in the IT Channel

CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE:ARW) today announced it has evolved its award-winning ArrowSphere platform into a full-service di...

9 months ago - Business Wire