Arrow Electronics (NYSE:ARW) Updates Q3 2026 Earnings Guidance

Key Points

• Arrow Electronics guided above expectations for Q3 2026, projecting EPS of $4.83–$5.03 versus the $4.50 consensus and revenue of $9.6–$10.2 billion versus $9.5 billion expected.
• The company recently exceeded estimates, reporting quarterly EPS of $5.45 and revenue of $9.99 billion. Its board also authorized a $1 billion share-repurchase program, potentially covering up to 9.7% of outstanding shares.
• Despite mixed analyst views, Arrow has a consensus “Hold” rating and a $222 price target; the stock traded at $222.89, while insiders recently reported selling shares.

Arrow Electronics (NYSE:ARW - Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.830-5.030 for the period, compared to the consensus estimate of 4.500. The company issued revenue guidance of $9.6 billion-$10.2 billion, compared to the consensus revenue estimate of $9.5 billion.

Arrow Electronics Price Performance

ARW stock traded down $3.96 during trading on Thursday, reaching $222.89. 750,253 shares of the company were exchanged, compared to its average volume of 637,220. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 1.24. The stock's 50 day moving average price is $215.85 and its 200 day moving average price is $179.75. Arrow Electronics has a 52-week low of $101.79 and a 52-week high of $237.33. The company has a market cap of $11.40 billion, a P/E ratio of 15.94 and a beta of 1.20.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.59 by $0.86. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The company had revenue of $9.99 billion during the quarter, compared to analysts' expectations of $9.67 billion. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts predict that Arrow Electronics will post 19.15 earnings per share for the current fiscal year.

Arrow Electronics announced that its Board of Directors has initiated a share repurchase 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 purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Raymond James Financial reaffirmed an "outperform" rating and set a $220.00 price objective on shares of Arrow Electronics in a research note on Friday, May 8th. Bank of America raised shares of Arrow Electronics from an "underperform" rating to a "neutral" rating and increased their price target for the stock from $122.00 to $233.00 in a research note on Wednesday, May 13th. Wells Fargo & Company boosted their price objective on shares of Arrow Electronics from $165.00 to $175.00 and gave the company an "underweight" rating in a research note on Monday, July 20th. Wall Street Zen upgraded Arrow Electronics from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 25th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. 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 data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $222.00.

Insider Buying and Selling at Arrow Electronics

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the sale, the insider owned 48,835 shares of the company's stock, valued at $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business's stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the transaction, the senior vice president owned 12,626 shares in the company, valued at $2,727,216. This represents a 19.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC acquired a new stake in Arrow Electronics during the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Arrow Electronics by 112.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company's stock worth $27,000 after purchasing an additional 131 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Arrow Electronics during the third quarter worth $31,000. Quarry LP bought a new position in shares of Arrow Electronics in the 3rd quarter worth about $33,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company's stock valued at $37,000 after buying an additional 143 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

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.

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