Truist Financial Issues Pessimistic Forecast for Arrow Electronics (NYSE:ARW) Stock Price

Key Points

• Truist cut its price target on Arrow Electronics from $250 to $230 but maintained a Buy rating; the new target implies 26.65% upside from the share price cited in the report.
• Arrow reported quarterly EPS of $6.22, beating the $5.06 consensus, and revenue of $10.72 billion, up 39% year over year.
• Analyst opinions remain mixed: MarketBeat cited an overall Hold rating and an average price target of $228.25, while management’s fourth-quarter EPS guidance was $7.00–$7.20.

Arrow Electronics (NYSE:ARW - Get Free Report) had its price objective cut by equities researchers at Truist Financial from $250.00 to $230.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a "buy" rating on the technology company's stock. Truist Financial's target price indicates a potential upside of 26.65% from the stock's current price.

ARW has been the subject of several other research reports. Zacks Research cut shares of Arrow Electronics from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 26th. Raymond James Financial reiterated an "outperform" rating and issued a $250.00 price objective on shares of Arrow Electronics in a research report on Friday, August 7th. Weiss Ratings raised Arrow Electronics from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Wall Street Zen cut Arrow Electronics from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 19th. Finally, Wells Fargo & Company boosted their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $228.25.

Arrow Electronics Price Performance

Shares of Arrow Electronics stock traded up $4.53 during trading on Friday, reaching $181.60. The company's stock had a trading volume of 266,252 shares, compared to its average volume of 607,749. The stock has a 50-day moving average price of $218.45 and a two-hundred day moving average price of $191.98. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. Arrow Electronics has a one year low of $101.79 and a one year high of $249.43. The stock has a market capitalization of $9.24 billion, a P/E ratio of 11.56, a price-to-earnings-growth ratio of 0.30 and a beta of 1.20.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The technology company reported $6.22 EPS for the quarter, topping analysts' consensus estimates of $5.06 by $1.16. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm had revenue of $10.72 billion for the quarter, compared to analyst estimates of $10.07 billion. During the same quarter in the prior year, the firm earned $2.41 EPS. The company's revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. As a group, sell-side analysts anticipate that Arrow Electronics will post 21.24 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Carine Jean-Claude sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the transaction, the senior vice president directly owned 11,626 shares in the company, valued at $2,439,716.10. This represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Keating Financial Advisory Services Inc. bought a new position in shares of Arrow Electronics in the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors bought a new stake in shares of Arrow Electronics in the 2nd quarter valued at about $33,000. Jones Financial Companies Lllp bought a new stake in shares of Arrow Electronics in the 2nd quarter valued at about $37,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Arrow Electronics in the 2nd quarter valued at about $47,000. Finally, Evergreen Advisors LLC acquired a new stake in Arrow Electronics in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 99.34% of the company's stock.

Trending Headlines about Arrow Electronics

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

• Positive Sentiment: Arrow reported record quarterly revenue of $10.72 billion, up 39% year over year, and earnings of $6.22 per share—well above the roughly $5.06 analyst consensus. Arrow Electronics Reports Record Quarterly Revenue and EPS
• Positive Sentiment: Fourth-quarter guidance was substantially above expectations: EPS of $7.00–$7.20 versus consensus of $5.80, and revenue of $11.6–$12.2 billion versus about $10.5 billion. Q3 Earnings Call Highlights Strong Demand and AI Growth
• Positive Sentiment: Management cited robust components demand, AI growth, rising backlogs, and stronger volumes as factors supporting the outlook. Earnings increased sharply from $2.41 per share a year earlier. Arrow Electronics Q3 Profit Jumps, Issues Q4 Outlook
• Neutral Sentiment: A tranche update was reported for Arrow’s previously announced equity buyback plan, but the available details do not indicate the size or expected market impact. Buyback Plan Tranche Update

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow's components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.

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