Avnet/$AVT

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About Avnet

Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.

Ticker

$AVT
Primary listing

Industry

Electronic Equipment, Instruments & Components

Employees

15,462

ISIN

US0538071038

Avnet Metrics

BasicAdvanced
$4.7B
15.78
$3.56
1.00
$1.32
2.35%

What the Analysts think about Avnet

Analyst ratings (Buy, Hold, Sell) for Avnet stock.

Bulls say / Bears say

Avnet's Price-to-Earnings (P/E) ratio of 14.9x is significantly below its estimated fair P/E ratio of 26.9x, suggesting potential undervaluation and room for price appreciation. (Simply Wall St)
The company's Price-to-Sales (P/S) ratio of 0.16 is well below the S&P 500 average of 3.43x, indicating that the stock may be undervalued relative to its sales performance. (Nasdaq)
Avnet has been actively investing in new technologies and expanding its product portfolio to cater to the growing demand for edge computing, artificial intelligence, and cloud-based solutions, positioning itself for long-term growth. (Kappa Signal)
Analysts have a consensus 'Sell' rating on Avnet stock, with an average price target of $49, forecasting a potential decrease of approximately 12.92% from the current price. (Stock Analysis)
The company reported a 9% year-over-year decline in overall sales, with notable declines of 25% in EMEA and 14% in the Americas, indicating potential challenges in key markets. (TipRanks)
Avnet's gross margin decreased by 86 basis points year-over-year and 32 basis points sequentially, partly due to a sales mix shift to Asia, which could impact profitability. (TipRanks)
Data summarised monthly by Lightyear AI. Last updated on 6 Jul 2025.

Avnet Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Avnet Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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