Arrow Electronics, Inc. (ARW)
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]
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 StatementsAnalyst 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.
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...
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 ...
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 - ...
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 ...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...