Arrow Electronics, Inc. (ARW)
NYSE: ARW · Real-Time Price · USD
134.83
+1.26 (0.94%)
Oct 14, 2024, 4:00 PM EDT - Market closed
Arrow Electronics Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Arrow Electronics stock have an average target of 130.75, with a low estimate of 110 and a high estimate of 141. The average target predicts a decrease of -3.03% from the current stock price of 134.83.
Analyst Consensus: Hold
* Price targets were last updated on Aug 2, 2024.
Analyst Ratings
The average analyst rating for ARW stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $100 → $110 | Sell | Maintains | $100 → $110 | -18.42% | Aug 2, 2024 |
| Raymond James | Raymond James | Buy Maintains $135 → $140 | Buy | Maintains | $135 → $140 | +3.83% | Aug 2, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $124 → $141 | Hold | Maintains | $124 → $141 | +4.58% | Aug 2, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $116 → $132 | Hold | Maintains | $116 → $132 | -2.10% | May 28, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $116 → $132 | Hold | Maintains | $116 → $132 | -2.10% | May 21, 2024 |
Financial Forecast
Revenue This Year
28.00B
from 33.11B
Decreased by -15.42%
Revenue Next Year
29.37B
from 28.00B
Increased by 4.89%
EPS This Year
10.93
from 15.84
Decreased by -30.97%
EPS Next Year
14.83
from 10.93
Increased by 35.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.6B | 31.3B | 33.8B |
| Avg | 28.0B | 29.4B | 32.5B |
| Low | 26.6B | 27.7B | 31.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -10.5% | 11.8% | 15.0% |
| Avg | -15.4% | 4.9% | 10.5% |
| Low | -19.8% | -1.2% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.63 | 17.41 | 23.04 |
| Avg | 10.93 | 14.83 | 20.29 |
| Low | 10.36 | 12.78 | 17.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -26.6% | 59.2% | 55.3% |
| Avg | -31.0% | 35.6% | 36.8% |
| Low | -34.6% | 16.9% | 20.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.