Avnet (NASDAQ:AVT) Releases Q1 2027 Earnings Guidance

Posted by Brian Himes on Aug 5th, 2026

Avnet (NASDAQ:AVT – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.800-2.900 for the period, compared to the consensus earnings per share estimate of 1.840. The company issued revenue guidance of $9.0 billion-$9.3 billion, compared to the consensus revenue estimate of $7.6 billion.

Analysts Set New Price Targets

AVT has been the topic of several research analyst reports. Zacks Research lowered shares of Avnet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $95.00 price target on shares of Avnet in a research note on Thursday, April 30th. Wall Street Zen upgraded Avnet from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Weiss Ratings cut shares of Avnet from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Finally, Bank of America upgraded Avnet from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $66.00 to $96.00 in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $89.50.

Check Out Our Latest Analysis on AVT

Avnet Stock Up 6.1%

Shares of Avnet stock traded up $5.63 during trading hours on Wednesday, reaching $98.16. 1,669,671 shares of the company’s stock were exchanged, compared to its average volume of 1,229,536. The company has a 50 day moving average of $87.72 and a two-hundred day moving average of $74.70. Avnet has a fifty-two week low of $44.25 and a fifty-two week high of $96.78. The company has a current ratio of 2.01, a quick ratio of 1.05 and a debt-to-equity ratio of 0.50. The stock has a market cap of $8.05 billion, a P/E ratio of 37.96, a P/E/G ratio of 0.28 and a beta of 1.09.

Avnet (NASDAQ:AVT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.28 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.48. Avnet had a return on equity of 7.07% and a net margin of 0.86%.The business had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $7.56 billion. During the same quarter last year, the company posted $0.81 earnings per share. Avnet’s quarterly revenue was up 47.7% on a year-over-year basis. Avnet has set its Q1 2027 guidance at 2.800-2.900 EPS. On average, sell-side analysts forecast that Avnet will post 5.12 EPS for the current fiscal year.

Avnet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, June 3rd. Avnet’s dividend payout ratio (DPR) is presently 54.47%.

Trending Headlines about Avnet

Here are the key news stories impacting Avnet this week:

Positive Sentiment: Quarterly earnings and revenue beat estimates. Avnet reported adjusted EPS of $2.28, above the $1.80 consensus estimate, while revenue reached $8.30 billion versus expectations of $7.56 billion. Revenue increased 47.7% year over year, and adjusted EPS rose sharply from $0.81 in the prior-year quarter. Avnet Q4 Earnings and Revenues Surpass Estimates
Positive Sentiment: Management’s outlook was well above Wall Street expectations. Avnet guided fiscal Q1 2027 revenue to approximately $9.0 billion-$9.3 billion and adjusted EPS to $2.80-$2.90, compared with consensus estimates of $7.6 billion in revenue and $1.84 EPS. The outlook suggests continued demand strength and supports the bullish reaction. Avnet Earnings Results
Positive Sentiment: Full-year performance also accelerated. Fiscal 2026 sales totaled $27.6 billion, up 25% year over year. Fourth-quarter Electronic Components sales were $7.8 billion, while Farnell contributed $500.1 million. Avnet also returned capital through $29 million in quarterly dividends and $138 million in fiscal-year share repurchases. Avnet Reports Fiscal 2026 Results
Neutral Sentiment: Profitability remains relatively narrow. Reported fourth-quarter operating margin was 2.8%, including a 4.1% margin in Electronic Components and 9.0% at Farnell. Although earnings growth was strong, investors may continue monitoring whether elevated sales translate into durable margin expansion.
Negative Sentiment: Recent insider activity was entirely selling. Avnet’s CEO, CFO and chief digital officer sold shares during the past six months, with no reported insider purchases. This is a secondary cautionary signal but is outweighed by the earnings beat and above-consensus outlook.

Institutional Trading of Avnet

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in Avnet by 2.1% in the 4th quarter. Quadrant Capital Group LLC now owns 8,778 shares of the company’s stock valued at $422,000 after purchasing an additional 184 shares during the period. Deutsche Bank AG grew its holdings in shares of Avnet by 0.8% during the fourth quarter. Deutsche Bank AG now owns 31,122 shares of the company’s stock valued at $1,496,000 after buying an additional 234 shares during the last quarter. MML Investors Services LLC increased its position in shares of Avnet by 5.9% during the fourth quarter. MML Investors Services LLC now owns 4,669 shares of the company’s stock worth $224,000 after acquiring an additional 261 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Avnet by 1.0% during the second quarter. Lazard Asset Management LLC now owns 28,877 shares of the company’s stock worth $1,532,000 after acquiring an additional 279 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of Avnet by 5.0% in the 3rd quarter. Focus Partners Wealth now owns 6,585 shares of the company’s stock worth $352,000 after acquiring an additional 316 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Avnet Company Profile

(Get Free Report)

Avnet, Inc (NASDAQ: AVT) is a global technology distributor and solutions provider specializing in the sourcing, design, and supply chain management of electronic components and embedded systems. The company offers a broad portfolio of semiconductors, interconnect, passive and electromechanical components, as well as embedded hardware and software, cloud solutions, and Internet of Things (IoT) services. Avnet’s offerings aim to support customers through every stage of the product lifecycle, from initial prototype and design to production and end-of-life management.

Founded in 1921 by Charles Avnet, the company has evolved from a regional radio parts supplier into a multinational enterprise.