Arrow Electronics, Inc. (ARW)

NYSE: ARW · IEX Real-Time Price · USD
116.37
-0.47 (-0.40%)
Feb 26, 2024, 4:00 PM EST - Market closed
-0.40%
Market Cap 6.29B
Revenue (ttm) 33.11B
Net Income (ttm) 903.51M
Shares Out 53.81M
EPS (ttm) 15.84
PE Ratio 7.35
Forward PE 9.61
Dividend n/a
Ex-Dividend Date n/a
Volume 832,117
Open 117.07
Previous Close 116.84
Day's Range 116.06 - 117.93
52-Week Range 108.51 - 147.42
Beta 1.41
Analysts Hold
Price Target 129.50 (+11.28%)
Earnings Date Feb 8, 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, ARW'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 2 analysts, the average rating for ARW stock is "Hold." The 12-month stock price forecast is $129.5, which is an increase of 11.28% from the latest price.

Price Target
$129.5
(11.28% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Arrow Electronics and Infineon Collaborate to Accelerate Automotive Electrification

CENTENNIAL, Colo. & MUNICH--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) and its engineering services company, eInfochips, are working with Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) to...

Other symbols: IFNNY
18 hours ago - Business Wire

Superna Announces Global Distribution Agreement with Arrow Electronics

OTTAWA, Ontario--(BUSINESS WIRE)-- #cyberstorage--Superna, the global leader in data security and cyberstorage solutions – for on-premise, hybrid, and multi-cloud environments – announced today that i...

6 days ago - Business Wire

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 Raymond James 45th Annual Institutional Investors Conference on Mon...

13 days ago - Business Wire

Arrow Electronics Reports Fourth-Quarter and Full-Year 2023 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its fourth quarter and fiscal year ended Dec. 31, 2023. “The company delivered fourth-quart...

18 days ago - Business Wire

Arrow Electronics Again Tops Industry Ranking in FORTUNE's World's Most Admired Companies List

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) has again been named to FORTUNE's World's Most Admired Companies list, topping the “Wholesalers: Electronics and Office Equipment...

26 days ago - Business Wire

Arrow Electronics Expands Centre of Excellence in Egypt for Next-gen Automotive Capabilities

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...

4 weeks ago - Business Wire

Arrow Electronics to Host Fourth-Quarter and Full-Year 2023 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced the company will host a conference call to discuss fourth-quarter and full-year 2023 financial results on Feb. 8, 2024,...

4 weeks ago - Business Wire

Arrow Electronics and Infinidat Announce Manufacturing and Fulfillment Services Agreement

CENTENNIAL, Colo. & WALTHAM, Mass.--(BUSINESS WIRE)--Global technology provider Arrow Electronics and Infinidat, a leading provider of enterprise storage solutions, have announced an agreement, enabli...

2 months ago - Business Wire

Arrow Electronics Establishes High-Power Centre of Excellence in UK to Accelerate Electrification and Sustainability

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

2 months ago - Business Wire

Arrow Electronics' ArrowSphere Supports the Move to XaaS with New Cloud Sustainability, Cost Optimization and Security Dashboards

CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology provider Arrow Electronics (NYSE:ARW) introduced a series of significant updates to its cloud management platform ArrowSphere to help ease multicl...

2 months ago - Business Wire

Arrow Electronics to Participate in Upcoming Investor Events

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced its management is scheduled to participate in the following investor events: Wells Fargo 7th Annual TMT Summit on...

3 months ago - Business Wire

PreAct Mojave Flash LiDAR to be Distributed Globally by Arrow Electronics

PORTLAND, Ore.--(BUSINESS WIRE)-- #adas--PreAct Technologies (PreAct), an Oregon-based developer of near-field flash LiDAR technology, today announced that its Mojave flash LiDAR sensor will be availa...

3 months ago - Business Wire

Arrow Electronics Reports Third-Quarter 2023 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2023 sales of $8.01 billion, a decrease of 14 percent year over year. Third-quarter net income was $...

4 months ago - Business Wire

Remark announces sales and marketing collaboration with Arrow Electronics and Intel

LAS VEGAS , Oct. 30, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI") -powered video analytics, today announced a sales and marketing ini...

Other symbols: INTCMARK
4 months ago - PRNewsWire

Chip stocks just got sent a big warning

Texas Instruments just sent a grim warning about the state of the semiconductor industry, and stocks across the sector are feeling the impact.

Other symbols: ADITXNAMDAVTINTCMCHPMU
4 months ago - Market Watch

Arrow Electronics to Host Third-Quarter 2023 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss third-quarter 2023 financial results on Nov. 2, 2023, at 1:00 PM ET. Register...

4 months ago - Business Wire

Arrow Electronics Names Rick Marano President of Global Components

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced that Rick Marano will be named president of the company's global components business, subject to formal Board app...

6 months ago - Business Wire

Arrow Electronics Reports Second-Quarter 2023 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2023 sales of $8.51 billion, a decrease of 10 percent year over year. Second-quarter net income was...

7 months ago - Business Wire

Arrow Electronics to Host Second-Quarter 2023 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced the company will host a conference call to discuss second-quarter 2023 financial results on Aug. 3, 2023, at 1:00 PM ET...

7 months ago - Business Wire

Arrow Electronics Creates Robotics Center of Excellence to Empower the Intelligent Edge and Advance Automation

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) and its company eInfochips have established a Robotics Center of Excellence (COE) to help customers accelerate time to market for...

8 months ago - Business Wire

Stocks This Week: Buy Arrow Electronics And Urban Outfitters

Here are two stocks that are strong in June.

Other symbols: URBN
9 months ago - Forbes

Arrow Electronics to Present at the BofA Securities 2023 Global Technology Conference

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced management will participate in a fireside chat at the BofA Securities 2023 Global Technology Conference held at T...

9 months ago - Business Wire

Arrow Electronics Reports First-Quarter 2023 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2023 sales of $8.74 billion, a decrease of 4 percent year over year, and a decrease of 2 percent yea...

10 months ago - Business Wire

Arrow Electronics to Host First-Quarter 2023 Earnings Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced the company will host a conference call to discuss first-quarter 2023 financial results on May 4, 2023, at 1:00 PM ET. ...

11 months ago - Business Wire

Arrow Electronics Releases 2022 ESG Report

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) released its second Environmental, Social, and Governance (ESG) report today, available at www.arrow.com/esg. The report expands ...

11 months ago - Business Wire