Avnet (AVT) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

AVT Stock Forecast


Avnet stock forecast is as follows: an average price target of $44.00 (represents a -18.11% downside from AVT’s last price of $53.73) 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 $44.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $38.00. This represents a potential -18.11% downside from AVT's last price of $53.73.

AVT Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 02, 2023Wells Fargo---19.76%-29.28%
Feb 02, 2023Citigroup--8.23%-6.94%
Row per page
Go to

The latest Avnet stock forecast, released on Feb 02, 2023 by Wells Fargo company, set a price target of $38.00, which represents a -19.76% decrease from the stock price at the time of the forecast ($47.36), and a -29.28% decrease from AVT last price ($53.73).

Avnet Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$53.73$53.73$53.73
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Avnet stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Avnet's last price of $53.73. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Feb 02, 2023Wells FargoUnderweightUnderweightHold
Feb 02, 2023CitigroupNeutralNeutralHold
Jun 13, 2022CFRABuyBuyHold
Apr 28, 2022CFRABuyUpgrade
Row per page
Go to

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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 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$6.25B$6.01B$6.05B$6.00B$5.80B$5.56B$5.61B$5.43B$5.37B$5.71B$6.22B$6.42B$6.33B$6.37B$6.59B$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$6.14B$5.91B$5.94B$5.89B$5.70B$5.50B$5.51B$5.43B$5.37B$5.71B$6.11B$6.31B$6.22B$6.26B$6.47B$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
# Analysts2211155233484733334444488812121212
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 $6.11B, and a high forecast of $6.22B. 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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts2211155233484733334444488812121212
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$220.42M$212.08M$213.21M$211.56M$204.55M$196.28M$197.67M$193.18M$190.94M$-101.57M$219.28M$225.79M$223.21M$-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$222.35M$213.93M$215.08M$213.41M$206.34M$197.68M$199.40M$193.25M$190.94M$-81.26M$221.20M$228.42M$225.16M$-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$218.40M$210.13M$211.25M$209.61M$202.66M$195.57M$195.85M$193.10M$190.94M$-121.88M$217.26M$224.42M$221.15M$-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 %-----------1.12%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 $219.28M, with a high of $221.20M and a low of $217.26M. This is -13.59% lower than Avnet's previous annual EBITDA (Sep 23) of $253.77M.

Avnet Net Income Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts2211155233484733334444488812121212
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$148.84M$145.71M$137.37M$114.06M$105.99M$91.18M$78.41M$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$150.53M$147.37M$138.93M$115.36M$107.20M$108.07M$85.54M$76.93M$84.67M$-128.01M$127.72M$138.80M$149.25M$-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$147.06M$143.97M$135.72M$112.70M$104.73M$77.67M$75.74M$76.48M$84.66M$-192.01M$122.32M$135.20M$145.81M$-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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts2211155233484733334444488812121212
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$544.22M$523.62M$526.42M$522.33M$505.02M$483.83M$488.04M$472.99M$467.34M$700.89M$541.40M$559.07M$551.09M$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$534.54M$514.30M$517.05M$513.04M$496.03M$478.68M$479.36M$472.63M$467.34M$467.26M$531.76M$549.28M$541.29M$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 $531.76M to $541.40M. The forecast indicates a 10.14% rise compared to AVT last annual SG&A of $487.29M (Sep 23).

Avnet EPS Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts2211155233484733334444488812121212
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$1.68$1.65$1.55$1.29$1.20$1.21$0.96$0.86$0.95$1.11$1.43$1.55$1.67$1.81$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$1.65$1.61$1.52$1.26$1.17$0.87$0.85$0.86$0.95$1.11$1.37$1.51$1.63$1.77$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).

Avnet Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NSITInsight Enterprises--41.71%Hold
SNXTD SYNNEX--18.87%Buy
ARWArrow Electronics--10.13%Hold
AVTAvnet---18.11%Buy

AVT Forecast FAQ


Is Avnet a good buy?

Yes, according to 3 Wall Street analysts, Avnet (AVT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of AVT's total ratings.

What is AVT's price target?

Avnet (AVT) average price target is $44 with a range of $38 to $50, implying a -18.11% from its last price of $53.73. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Avnet stock go up soon?

According to Wall Street analysts' prediction for AVT stock, the company can go down by -18.11% (from the last price of $53.73 to the average price target of $44), down by -6.94% based on the highest stock price target, and down by -29.28% based on the lowest stock price target.

Can Avnet stock reach $80?

AVT's average twelve months analyst stock price target of $44 does not support the claim that Avnet can reach $80 in the near future.

What are Avnet's analysts' financial forecasts?

Avnet's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $22.26B (high $22.4B, low $22.13B), average EBITDA is $791.67M (high $796.66M, low $787.19M), average net income is $352.29M (high $377.73M, low $334.61M), average SG&A $1.94B (high $1.95B, low $1.93B), and average EPS is $3.94 (high $4.23, low $3.74). AVT's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $24.1B (high $24.31B, low $23.88B), average EBITDA is $857.27M (high $864.78M, low $849.39M), average net income is $545.98M (high $552.19M, low $539.45M), average SG&A $2.1B (high $2.12B, low $2.08B), and average EPS is $6.11 (high $6.18, low $6.03).

Did the AVT's actual financial results beat the analysts' financial forecasts?

Based on Avnet's last annual report (Jun 2023), the company's revenue was $49.89B, beating the average analysts forecast of $25.48B by 95.79%. Apple's EBITDA was $1.19B, beating the average prediction of $491.55M by 141.44%. The company's net income was $770.83M, beating the average estimation of $180.81M by 326.32%. Apple's SG&A was $1.97B, missing the average forecast of $2.21B by -10.86%. Lastly, the company's EPS was $8.37, beating the average prediction of $7.21 by 16.10%. In terms of the last quarterly report (Sep 2023), Avnet's revenue was $11.92B, beating the average analysts' forecast of $6.35B by 87.84%. The company's EBITDA was $253.77M, beating the average prediction of $225.79M by 12.39%. Avnet's net income was $209.27M, beating the average estimation of $136.1M by 53.76%. The company's SG&A was $487.29M, missing the average forecast of $552.64M by -11.83%. Lastly, the company's EPS was $2.29, beating the average prediction of $1.52 by 50.41%