Arrow Electronics Stock Forecast, Price & News

Arrow Electronics' stock was trading at $58.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ARW shares have increased by 81.2% and is now trading at $105.38.
View which stocks have been most impacted by COVID-19.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arrow Electronics in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Arrow Electronics stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARW, but not buy additional shares or sell existing shares.
View analyst ratings for Arrow Electronics or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Arrow Electronics a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Arrow Electronics wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Arrow Electronics is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Arrow Electronics.

Arrow Electronics, Inc. (NYSE:ARW) posted its quarterly earnings results on Tuesday, November, 3rd. The technology company reported $2.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.66 by $0.42. The technology company had revenue of $7.23 billion for the quarter, compared to analyst estimates of $6.73 billion. Arrow Electronics had a return on equity of 11.49% and a net margin of 1.67%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the business posted $1.86 EPS.
View Arrow Electronics' earnings history.

Arrow Electronics issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Thursday, October, 29th. The company provided earnings per share (EPS) guidance of 2.57-2.73 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.21. The company issued revenue guidance of $7.45-8.05 billion, compared to the consensus revenue estimate of $7.24 billion.

8 Wall Street analysts have issued 12 month price targets for Arrow Electronics' stock. Their forecasts range from $65.00 to $96.00. On average, they expect Arrow Electronics' stock price to reach $75.50 in the next twelve months. This suggests that the stock has a possible downside of 28.4%.
View analysts' price targets for Arrow Electronics or view Wall Street analyst' top-rated stocks.

Some companies that are related to Arrow Electronics include SYNNEX (SNX), Insight Enterprises (NSIT), PC Connection (CNXN), Agilysys (AGYS), ScanSource (SCSC) and Richardson Electronics (RELL).
View all of ARW's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arrow Electronics investors own include Intel (INTC), Gilead Sciences (GILD), Micron Technology (MU), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA), UnitedHealth Group (UNH), Applied Materials (AMAT), The Walt Disney (DIS) and Advanced Micro Devices (AMD).

Arrow Electronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARW."

Arrow Electronics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (3.40%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), Bowling Portfolio Management LLC (0.02%), Crossmark Global Holdings Inc. (0.01%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Arrow Electronics stock include Andrew Charles Kerin, Charles Kostalnick II, Christopher Stansbury, Gail Hamilton, Gretchen Zech, Lily Yan Hughes, Mary Catherine Morris, Michael J Long, Richard Hill, Sean J Kerins and Vincent P Melvin.
View institutional ownership trends for Arrow Electronics.

ARW stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Bowling Portfolio Management LLC, and Louisiana State Employees Retirement System. Company insiders that have sold Arrow Electronics company stock in the last year include Gail Hamilton, Gretchen Zech, Lily Yan Hughes, Michael J Long, Richard Hill, Sean J Kerins, and Vincent P Melvin.
View insider buying and selling activity for Arrow Electronics or view top insider-selling stocks.

ARW stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, State of Alaska Department of Revenue, Redpoint Investment Management Pty Ltd, Ritholtz Wealth Management, ELM Advisors LLC, IFM Investors Pty Ltd, Wedge Capital Management L L P NC, and Sowell Financial Services LLC.
View insider buying and selling activity for Arrow Electronics or or view top insider-buying stocks.

Shares of ARW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ARW stock can currently be purchased for approximately $105.38.

Arrow Electronics has a market capitalization of $7.96 billion and generates $28.92 billion in revenue each year. The technology company earns $-204,090,000.00 in net income (profit) each year or $7.55 on an earnings per share basis. Arrow Electronics employs 19,300 workers across the globe.

The official website for Arrow Electronics is www.arrow.com.

Arrow Electronics' mailing address is 9201 East Dry Creek Road, Centennial CO, 80112. The technology company can be reached via phone at 303-824-4000 or via email at [email protected]