Avnet, Inc. (AVT)
NASDAQ: AVT · Real-Time Price · USD
55.57
-0.23 (-0.41%)
Dec 3, 2024, 2:09 PM EST - Market open
Avnet Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Avnet stock have an average target of 48.5, with a low estimate of 42 and a high estimate of 55. The average target predicts a decrease of -12.72% from the current stock price of 55.57.
Analyst Consensus: Sell
* Price targets were last updated on Aug 9, 2024.
Analyst Ratings
The average analyst rating for Avnet stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $40 → $45 | Sell | Maintains | $40 → $45 | -19.02% | Aug 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $48 → $52 | Hold | Maintains | $48 → $52 | -6.42% | Aug 9, 2024 |
| Stifel | Stifel | Hold Maintains $50 → $55 | Hold | Maintains | $50 → $55 | -1.03% | Aug 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $49 → $48 | Hold | Maintains | $49 → $48 | -13.62% | May 2, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $48 → $42 | Strong Sell | Maintains | $48 → $42 | -24.42% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
22.65B
from 23.76B
Decreased by -4.65%
Revenue Next Year
24.46B
from 22.65B
Increased by 7.99%
EPS This Year
4.04
from 5.43
Decreased by -25.57%
EPS Next Year
5.88
from 4.04
Increased by 45.49%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 23.8B | 25.9B | 27.2B |
| Avg | 22.7B | 24.5B | 26.2B |
| Low | 21.7B | 23.5B | 25.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.0% | 14.2% | 11.3% |
| Avg | -4.6% | 8.0% | 7.1% |
| Low | -8.8% | 3.6% | 3.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.63 | 6.76 | 6.90 |
| Avg | 4.04 | 5.88 | 6.64 |
| Low | 3.67 | 4.99 | 6.44 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -14.7% | 67.3% | 17.3% |
| Avg | -25.6% | 45.5% | 12.9% |
| Low | -32.5% | 23.4% | 9.5% |
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.