Arrow Electronics (NYSE:ARW – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday, Zacks reports. Zacks Research also issued estimates for Arrow Electronics’ Q3 2026 earnings at $5.01 EPS, Q4 2026 earnings at $4.74 EPS, FY2026 earnings at $20.41 EPS, Q1 2027 earnings at $4.73 EPS, Q3 2027 earnings at $5.05 EPS, Q4 2027 earnings at $5.26 EPS, FY2027 earnings at $20.08 EPS, Q1 2028 earnings at $3.92 EPS, Q2 2028 earnings at $5.19 EPS and FY2028 earnings at $19.28 EPS.
A number of other analysts have also commented on ARW. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Friday, August 21st. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Raymond James Financial restated an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Finally, Wells Fargo & Company increased their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $233.25.
View Our Latest Research Report on ARW
Arrow Electronics Stock Up 1.0%
Arrow Electronics (NYSE:ARW – Get Free Report) last issued its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same period in the prior year, the firm earned $2.43 earnings per share. Arrow Electronics’s revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, sell-side analysts predict that Arrow Electronics will post 21.24 EPS for the current fiscal year.
Arrow Electronics announced that its board has authorized a share buyback program on Wednesday, May 13th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Hedge Funds Weigh In On Arrow Electronics
A number of hedge funds have recently added to or reduced their stakes in ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Arrow Electronics by 45.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock worth $2,154,000 after purchasing an additional 6,523 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Arrow Electronics by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock valued at $20,763,000 after purchasing an additional 14,886 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Arrow Electronics during the second quarter valued at approximately $492,000. Finally, Walleye Capital LLC purchased a new position in shares of Arrow Electronics during the second quarter valued at approximately $475,000. Institutional investors and hedge funds own 99.34% of the company’s stock.
Arrow Electronics Company Profile
Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.
In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.
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