Q2 EPS Forecast for Arrow Electronics Increased by Analyst

Arrow Electronics, Inc. (NYSE:ARW) – Stock analysts at Zacks Research upped their Q2 2027 earnings per share estimates for shares of Arrow Electronics in a research note issued on Thursday, August 27th. Zacks Research analyst Team now forecasts that the technology company will post earnings of $5.04 per share for the quarter, up from their previous estimate of $4.65. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Arrow Electronics’ current full-year earnings is $20.44 per share.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The company had revenue of $9.99 billion during 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. The business’s quarterly 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.

Several other brokerages also recently commented on ARW. Raymond James Financial restated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Wells Fargo & Company increased their target price on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Finally, Truist Financial lowered their price target on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Arrow Electronics has an average rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Stock Performance

Arrow Electronics stock opened at $208.88 on Friday. Arrow Electronics has a fifty-two week low of $101.79 and a fifty-two week high of $237.33. The firm’s 50 day simple moving average is $211.36 and its 200-day simple moving average is $188.92. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01. The company has a market cap of $10.63 billion, a P/E ratio of 13.35, a price-to-earnings-growth ratio of 0.32 and a beta of 1.20.

Arrow Electronics declared that its board has authorized a share buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARW. Bayban acquired a new position in Arrow Electronics in the 1st quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the period. Transamerica Financial Advisors LLC acquired a new stake in shares of Arrow Electronics during the 4th quarter valued at $27,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Arrow Electronics during the 2nd quarter valued at $28,000. Finally, Advisory Services Network LLC purchased a new position in shares of Arrow Electronics during the 3rd quarter valued at $31,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

About Arrow Electronics

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.