Avnet (AVT) Stock Forecast, Price Target & Predictions
AVT Stock Forecast
Avnet stock forecast is as follows: an average price target of $54.00 (represents a 2.06% upside from AVT’s last price of $52.91) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
AVT Price Target
The average price target for Avnet (AVT) is $54.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $54.00. This represents a potential 2.06% upside from AVT's last price of $52.91.
AVT Analyst Ratings
According to 3 Wall Street analysts, Avnet's rating consensus is 'Buy'. The analyst rating breakdown for AVT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Avnet Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 16, 2024 | William Stein | Truist Financial | $54.00 | $54.15 | -0.28% | 2.06% |
| Feb 02, 2023 | Wells Fargo | $38.00 | $47.36 | -19.76% | -28.18% | |
| Feb 02, 2023 | Citigroup | $50.00 | $46.20 | 8.23% | -5.50% |
The latest Avnet stock forecast, released on Dec 16, 2024 by William Stein from Truist Financial, set a price target of $54.00, which represents a -0.28% decrease from the stock price at the time of the forecast ($54.15), and a 2.06% increase from AVT last price ($52.91).
Avnet Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $54.00 | $54.00 | $54.00 |
| Last Closing Price | $52.91 | $52.91 | $52.91 |
| Upside/Downside | 2.06% | 2.06% | 2.06% |
In the current month, the average price target of Avnet stock is $54.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 2.06% increase as opposed to Avnet's last price of $52.91. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Feb 02, 2023 | Wells Fargo | Underweight | Underweight | Hold |
| Feb 02, 2023 | Citigroup | Neutral | Neutral | Hold |
| Jun 13, 2022 | CFRA | Buy | Buy | Hold |
| Apr 28, 2022 | CFRA | Buy | Upgrade |
Avnet's last stock rating was published by Wells Fargo on Feb 02, 2023. The company gave AVT a "Underweight" rating, the same as its previous rate.
Avnet Financial Forecast
Avnet Revenue Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $11.92B | $12.29B | $6.51B | $6.72B | $6.75B | $6.37B | $6.49B | $4.67B | $5.58B | $5.23B | $4.92B | - | $4.72B | $4.16B | $4.31B | $4.53B | $4.63B | $4.68B | $4.70B |
| Avg Forecast | $6.20B | $5.96B | $5.99B | $5.95B | $5.75B | $5.52B | $5.56B | $5.43B | $5.37B | $5.71B | $6.16B | $6.35B | $6.27B | $6.31B | $6.53B | $6.36B | $6.29B | $5.71B | $5.59B | $5.29B | $5.10B | $4.59B | $4.27B | $4.07B | $3.95B | $4.02B | $4.42B | $4.54B | $4.61B | $4.75B |
| High Forecast | $6.27B | $6.03B | $6.06B | $6.02B | $5.82B | $5.56B | $5.62B | $5.43B | $5.37B | $5.71B | $6.24B | $6.42B | $6.35B | $6.39B | $6.61B | $6.36B | $6.29B | $5.71B | $5.59B | $5.29B | $5.10B | $4.59B | $4.27B | $4.07B | $3.95B | $4.02B | $4.42B | $4.54B | $4.61B | $4.75B |
| Low Forecast | $6.12B | $5.89B | $5.92B | $5.87B | $5.68B | $5.50B | $5.49B | $5.43B | $5.37B | $5.71B | $6.09B | $6.31B | $6.20B | $6.24B | $6.45B | $6.36B | $6.29B | $5.71B | $5.59B | $5.29B | $5.10B | $4.59B | $4.27B | $4.07B | $3.95B | $4.02B | $4.42B | $4.54B | $4.61B | $4.75B |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 | 12 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.88% | 1.96% | 1.03% | 1.03% | 1.06% | 1.01% | 1.14% | 0.84% | 1.06% | 1.02% | 1.07% | - | 1.16% | 1.05% | 1.07% | 1.03% | 1.02% | 1.02% | 0.99% |
Avnet's average Quarter revenue forecast for Dec 23 based on 4 analysts is $6.16B, with a low forecast of $6.09B, and a high forecast of $6.24B. AVT's average Quarter revenue forecast represents a -48.30% decrease compared to the company's last Quarter revenue of $11.92B (Sep 23).
Avnet EBITDA Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 | 12 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $253.77M | $283.66M | $350.16M | $335.03M | $326.40M | $315.68M | $337.99M | $102.43M | $208.63M | $158.50M | $135.12M | - | $55.05M | $67.91M | $-66.47M | $106.46M | $128.09M | $20.09M | $201.40M |
| Avg Forecast | $220.19M | $211.85M | $212.98M | $211.33M | $204.33M | $196.06M | $197.46M | $192.97M | $190.74M | $-101.57M | $219.04M | $225.55M | $222.97M | $-92.34M | $112.72M | $247.96M | $245.23M | $-83.94M | $217.89M | $206.13M | $144.65M | $179.10M | $166.48M | $158.89M | $153.98M | $-66.36M | $172.51M | $177.22M | $179.61M | $199.54M |
| High Forecast | $222.76M | $214.32M | $215.47M | $213.80M | $206.71M | $197.47M | $199.76M | $193.04M | $190.74M | $-81.26M | $221.60M | $228.17M | $225.57M | $-73.87M | $135.27M | $247.96M | $245.23M | $-67.15M | $217.89M | $206.13M | $173.58M | $179.10M | $166.48M | $158.89M | $153.98M | $-53.09M | $172.51M | $177.22M | $179.61M | $239.44M |
| Low Forecast | $217.49M | $209.25M | $210.37M | $208.74M | $201.82M | $195.36M | $195.04M | $192.89M | $190.74M | $-121.88M | $216.36M | $224.18M | $220.23M | $-110.80M | $90.18M | $247.96M | $245.23M | $-100.73M | $217.89M | $206.13M | $115.72M | $179.10M | $166.48M | $158.89M | $153.98M | $-79.63M | $172.51M | $177.22M | $179.61M | $159.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.27% | -3.79% | 2.97% | 1.32% | 1.29% | -4.03% | 0.47% | 1.01% | 1.10% | 0.75% | - | 0.35% | 0.44% | 1.00% | 0.62% | 0.72% | 0.11% | 1.01% |
4 analysts predict AVT's average Quarter EBITDA for Dec 23 to be $219.04M, with a high of $221.60M and a low of $216.36M. This is -13.68% lower than Avnet's previous annual EBITDA (Sep 23) of $253.77M.
Avnet Net Income Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 | 12 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $209.27M | $155.25M | $187.43M | $243.89M | $184.26M | $246.82M | $183.42M | $19.16M | $111.32M | $85.36M | $107.48M | - | $-18.89M | $52.16M | $-128.66M | $3.67M | $41.75M | $-31.84M | $88.05M |
| Avg Forecast | $148.99M | $145.66M | $137.35M | $114.01M | $105.94M | $91.20M | $78.44M | $76.71M | $84.66M | $-160.01M | $125.02M | $136.10M | $147.58M | $-145.46M | $4.55M | $174.15M | $181.64M | $-132.24M | $115.92M | $98.14M | $77.90M | $51.22M | $35.71M | $11.37M | $3.22M | $-104.54M | $36.94M | $59.09M | $91.61M | $87.23M |
| High Forecast | $151.25M | $147.87M | $139.44M | $115.74M | $107.55M | $108.09M | $85.57M | $76.93M | $84.67M | $-128.01M | $127.72M | $138.80M | $149.81M | $-116.37M | $5.46M | $174.15M | $181.64M | $-105.79M | $115.92M | $98.14M | $93.48M | $51.22M | $35.71M | $11.37M | $3.22M | $-83.63M | $36.94M | $59.09M | $91.61M | $104.68M |
| Low Forecast | $146.62M | $143.34M | $135.16M | $112.20M | $104.25M | $77.69M | $75.77M | $76.48M | $84.66M | $-192.01M | $122.32M | $135.20M | $145.22M | $-174.56M | $3.64M | $174.15M | $181.64M | $-158.69M | $115.92M | $98.14M | $62.32M | $51.22M | $35.71M | $11.37M | $3.22M | $-125.44M | $36.94M | $59.09M | $91.61M | $69.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.54% | 1.05% | -1.29% | 53.64% | 1.06% | 1.36% | -1.39% | 0.17% | 1.13% | 1.10% | 2.10% | - | -1.66% | 16.22% | 1.23% | 0.10% | 0.71% | -0.35% | 1.01% |
Avnet's average Quarter net income forecast for Dec 23 is $125.02M, with a range of $122.32M to $127.72M. AVT's average Quarter net income forecast represents a -40.26% decrease compared to the company's last Quarter net income of $209.27M (Sep 23).
Avnet SG&A Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 | 12 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $487.29M | $506.32M | $498.22M | $485.13M | $477.64M | $494.94M | $512.36M | $442.08M | $486.18M | $498.50M | $463.09M | - | $471.16M | $451.10M | $469.65M | $464.87M | $456.50M | $459.61M | $468.17M |
| Avg Forecast | $539.50M | $519.07M | $521.85M | $517.80M | $500.64M | $480.39M | $483.81M | $472.81M | $467.34M | $584.08M | $536.70M | $552.64M | $546.31M | $530.98M | $576.22M | $553.57M | $547.47M | $482.71M | $486.43M | $460.19M | $454.94M | $399.84M | $371.66M | $354.72M | $343.77M | $381.59M | $385.14M | $395.65M | $400.98M | $463.84M |
| High Forecast | $545.79M | $525.13M | $527.94M | $523.84M | $506.48M | $483.83M | $489.45M | $472.99M | $467.34M | $700.89M | $542.96M | $559.07M | $552.68M | $637.17M | $691.46M | $553.57M | $547.47M | $579.25M | $486.43M | $460.19M | $545.93M | $399.84M | $371.66M | $354.72M | $343.77M | $457.90M | $385.14M | $395.65M | $400.98M | $556.60M |
| Low Forecast | $532.89M | $512.71M | $515.45M | $511.45M | $494.50M | $478.68M | $477.88M | $472.63M | $467.34M | $467.26M | $530.12M | $549.28M | $539.61M | $424.78M | $460.97M | $553.57M | $547.47M | $386.17M | $486.43M | $460.19M | $363.95M | $399.84M | $371.66M | $354.72M | $343.77M | $305.27M | $385.14M | $395.65M | $400.98M | $371.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.93% | 0.94% | 0.84% | 0.86% | 0.90% | 1.06% | 0.91% | 1.06% | 1.10% | 1.16% | - | 1.33% | 1.31% | 1.23% | 1.21% | 1.15% | 1.15% | 1.01% |
Avnet's average Quarter SG&A projection for Dec 23 is $536.70M, based on 4 Wall Street analysts, with a range of $530.12M to $542.96M. The forecast indicates a 10.14% rise compared to AVT last annual SG&A of $487.29M (Sep 23).
Avnet EPS Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 | 12 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $2.29 | $1.70 | $2.05 | $2.67 | $1.96 | $2.54 | $1.86 | $0.19 | $1.12 | $0.86 | $1.08 | - | $-0.19 | $0.53 | $-1.29 | $0.04 | $0.40 | $-0.30 | $0.81 |
| Avg Forecast | $1.67 | $1.63 | $1.54 | $1.28 | $1.19 | $1.02 | $0.88 | $0.86 | $0.95 | $1.11 | $1.40 | $1.52 | $1.65 | $1.79 | $1.86 | $1.91 | $1.99 | $1.54 | $1.27 | $1.08 | $0.85 | $0.56 | $0.39 | $0.12 | $0.04 | $0.32 | $0.41 | $0.65 | $1.01 | $1.08 |
| High Forecast | $1.69 | $1.65 | $1.56 | $1.29 | $1.20 | $1.21 | $0.96 | $0.86 | $0.95 | $1.11 | $1.43 | $1.55 | $1.68 | $1.82 | $1.90 | $1.91 | $1.99 | $1.59 | $1.27 | $1.08 | $0.85 | $0.56 | $0.39 | $0.12 | $0.04 | $0.32 | $0.41 | $0.65 | $1.01 | $1.08 |
| Low Forecast | $1.64 | $1.60 | $1.51 | $1.26 | $1.17 | $0.87 | $0.85 | $0.86 | $0.95 | $1.11 | $1.37 | $1.51 | $1.62 | $1.76 | $1.81 | $1.91 | $1.99 | $1.48 | $1.27 | $1.08 | $0.85 | $0.56 | $0.39 | $0.12 | $0.04 | $0.32 | $0.41 | $0.65 | $1.01 | $1.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.50% | 1.03% | 1.14% | 1.44% | 1.03% | 1.27% | 1.21% | 0.15% | 1.04% | 1.01% | 1.92% | - | -1.52% | 15.01% | -4.06% | 0.10% | 0.62% | -0.30% | 0.75% |
According to 4 Wall Street analysts, Avnet's projected average Quarter EPS for Dec 23 is $1.40, with a low estimate of $1.37 and a high estimate of $1.43. This represents a -38.93% decrease compared to AVT previous annual EPS of $2.29 (Sep 23).