Wells Fargo & Company Increases Arrow Electronics (NYSE:ARW) Price Target to $115.00

Arrow Electronics (NYSE:ARWGet Free Report) had its target price boosted by investment analysts at Wells Fargo & Company from $94.00 to $115.00 in a report released on Friday,Benzinga reports. The firm presently has an “underweight” rating on the technology company’s stock. Wells Fargo & Company‘s price objective suggests a potential downside of 25.49% from the company’s current price.

Other analysts also recently issued reports about the stock. Truist Financial increased their price target on shares of Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research report on Friday. Zacks Research lowered shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Friday, November 14th. Finally, Wall Street Zen lowered shares of Arrow Electronics from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $124.33.

View Our Latest Analysis on ARW

Arrow Electronics Trading Up 9.4%

Shares of Arrow Electronics stock traded up $13.25 on Friday, hitting $154.35. 1,572,354 shares of the company’s stock traded hands, compared to its average volume of 637,010. The firm’s 50-day moving average price is $116.69 and its two-hundred day moving average price is $118.76. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.46 and a quick ratio of 1.14. The stock has a market capitalization of $7.95 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 1.08 and a beta of 1.04. Arrow Electronics has a one year low of $86.50 and a one year high of $154.28.

Arrow Electronics (NYSE:ARWGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, topping analysts’ consensus estimates of $3.55 by $0.84. The business had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.16 billion. Arrow Electronics had a return on equity of 8.19% and a net margin of 1.62%.The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, research analysts expect that Arrow Electronics will post 10.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Arrow Electronics

A number of large investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in shares of Arrow Electronics in the third quarter valued at about $26,000. Winnow Wealth LLC bought a new stake in Arrow Electronics in the 3rd quarter valued at approximately $26,000. Advisory Services Network LLC bought a new stake in Arrow Electronics in the 3rd quarter valued at approximately $31,000. Quarry LP acquired a new position in Arrow Electronics during the 3rd quarter worth approximately $33,000. Finally, True Wealth Design LLC grew its stake in shares of Arrow Electronics by 660.0% during the 2nd quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock worth $34,000 after acquiring an additional 231 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics News Roundup

Here are the key news stories impacting Arrow Electronics this week:

Arrow Electronics Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Arrow Electronics (NYSE:ARW)

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