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Avnet - AVT Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $45.50
  • Forecasted Upside: -2.49%
  • Number of Analysts: 4
  • Breakdown:
  • 2 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$46.66 As of 04/19/2024 01:00 AM ET
▲ +0.12 (0.26%)

This chart shows the closing price for AVT by one month, three months, or twelve months.

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Analyst Price Target for AVT

Analyst Price Target is $45.50
▼ -2.49% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Avnet in the last 3 months. The average price target is $45.50, with a high forecast of $50.00 and a low forecast of $40.00. The average price target represents a -2.49% upside from the last price of $46.66.

This chart shows the closing price for AVT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 4 contributing investment analysts is to reduce stock in Avnet. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
10/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
1/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
4/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
7/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
10/23/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
1/21/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
3/21/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
4/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/1/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$48.00 ➝ $42.00Low
8/17/2023Truist FinancialBoost TargetHold ➝ Hold$49.00 ➝ $50.00Low
8/17/2023Wells Fargo & CompanyBoost TargetUnderweight ➝ Underweight$37.00 ➝ $40.00Low
8/17/2023Stifel NicolausBoost TargetHold ➝ Hold$45.00 ➝ $50.00Low
2/2/2023Wells Fargo & CompanyBoost TargetUnderweight$35.00 ➝ $38.00Low
2/2/2023JPMorgan Chase & Co.Boost TargetUnderweight$45.00 ➝ $47.00Low
2/2/2023CitigroupBoost TargetNeutral$45.00 ➝ $50.00Low
10/10/2022Stifel NicolausLower TargetHold$48.00 ➝ $42.00Low
9/16/2022Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$45.00 ➝ $35.00Low
7/15/2022The Goldman Sachs GroupLower Target$45.00 ➝ $43.00Low
7/14/2022JPMorgan Chase & Co.Initiated CoverageUnderweight$46.00Low
6/7/2022Wells Fargo & CompanyBoost TargetEqual Weight$40.00 ➝ $45.00Low
6/7/2022CitigroupBoost TargetNeutral$45.00 ➝ $50.00Low
4/8/2022Truist FinancialLower TargetHold$45.00 ➝ $41.00Low
1/27/2022Raymond JamesBoost TargetStrong-Buy$52.00 ➝ $57.00High
10/29/2021Truist FinancialBoost TargetHold$40.00 ➝ $45.00High
10/7/2021Truist FinancialLower TargetHold$45.00 ➝ $40.00High
10/7/2021Bank of AmericaLower TargetNeutral$49.00 ➝ $43.00Low
8/12/2021Raymond JamesBoost TargetStrong-Buy$50.00 ➝ $52.00High
4/30/2021Loop CapitalUpgradeHold ➝ Buy$39.00 ➝ $53.00Medium
4/29/2021Raymond JamesBoost TargetStrong-Buy$47.00 ➝ $50.00High
1/29/2021Loop CapitalBoost TargetNeutral ➝ Hold$32.00 ➝ $39.00High
1/28/2021Raymond JamesBoost TargetStrong-Buy$35.00 ➝ $47.00High
12/14/2020The Goldman Sachs GroupBoost TargetSell$23.00 ➝ $25.00High
10/29/2020Wells Fargo & CompanyLower TargetEqual Weight$29.00 ➝ $27.00High
9/3/2020Longbow ResearchUpgradeNeutral ➝ Buy$37.00High
8/7/2020Raymond JamesLower TargetStrong-Buy$44.00 ➝ $35.00Low
4/28/2020CitigroupLower TargetNeutral$34.00 ➝ $31.00High
4/28/2020Wells Fargo & CompanyReiterated RatingEqual Weight$22.00 ➝ $27.00High
4/28/2020Raymond JamesLower TargetStrong-Buy$47.00 ➝ $44.00High
4/23/2020Loop CapitalInitiated CoverageHold$30.00Medium
3/19/2020Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$28.00 ➝ $22.00High
3/16/2020SunTrust BanksUpgradeSell ➝ Hold$36.00 ➝ $28.00High
1/24/2020Raymond JamesBoost TargetStrong-Buy$45.00 ➝ $47.00High
1/24/2020CitigroupBoost TargetNeutral$40.00 ➝ $42.00High
1/21/2020Cross ResearchDowngradeHold ➝ SellLow
1/13/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$35.00Low
10/25/2019Raymond JamesSet TargetBuy$45.00N/A
10/25/2019Bank of AmericaDowngradeBuy ➝ Neutral$44.00Low
10/25/2019SunTrust BanksDowngradeHold ➝ Sell$39.00 ➝ $35.00High
10/4/2019Longbow ResearchDowngradeBuy ➝ NeutralHigh
8/12/2019SunTrust BanksLower TargetHold$39.00Low
8/9/2019Bank of AmericaReiterated RatingBuy$50.00 ➝ $47.00Medium
8/9/2019Raymond JamesLower TargetStrong-Buy$52.00 ➝ $50.00High
6/11/2019Deutsche Bank AktiengesellschaftInitiated CoverageHold ➝ Hold$44.00Low
4/26/2019CitigroupSet TargetHold$47.00Low
(Data available from 4/20/2019 forward)

News Sentiment Rating

1.05 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 13 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2023
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2023
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/22/2023
  • 6 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/22/2023
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/21/2024
  • 24 very positive mentions
  • 22 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
2/20/2024
  • 15 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/21/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/20/2024

Current Sentiment

  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Avnet logo
Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.
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Today's Range

Now: $46.66
Low: $46.24
High: $47.15

50 Day Range

MA: $47.20
Low: $44.10
High: $49.58

52 Week Range

Now: $46.66
Low: $39.64
High: $51.65

Volume

421,306 shs

Average Volume

393,955 shs

Market Capitalization

$4.22 billion

P/E Ratio

6.44

Dividend Yield

2.66%

Beta

1.24

Frequently Asked Questions

What sell-side analysts currently cover shares of Avnet?

The following Wall Street research analysts have issued stock ratings on Avnet in the last twelve months: Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for AVT.

What is the current price target for Avnet?

4 Wall Street analysts have set twelve-month price targets for Avnet in the last year. Their average twelve-month price target is $45.50, suggesting a possible downside of 2.5%. Stifel Nicolaus has the highest price target set, predicting AVT will reach $50.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $40.00 for Avnet in the next year.
View the latest price targets for AVT.

What is the current consensus analyst rating for Avnet?

Avnet currently has 2 sell ratings and 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for AVT.

What other companies compete with Avnet?

Other companies that are similar to Avnet include Arrow Electronics, Workiva, Five9, Commvault Systems and Blackbaud. Learn More about companies similar to Avnet.

How do I contact Avnet's investor relations team?

Avnet's physical mailing address is 2211 SOUTH 47TH STREET, PHOENIX AZ, 85034. The company's listed phone number is (480) 643-2000 and its investor relations email address is [email protected]. The official website for Avnet is www.avnet.com. Learn More about contacing Avnet investor relations.