Arrow Electronics, Inc. (ARW)
| Market Cap | 6.62B |
| Revenue (ttm) | 34.58B |
| Net Income (ttm) | 1.06B |
| Shares Out | 54.16M |
| EPS (ttm) | 17.93 |
| PE Ratio | 6.82 |
| Forward PE | 8.89 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 586,152 |
| Open | 123.09 |
| Previous Close | 123.41 |
| Day's Range | 121.12 - 123.77 |
| 52-Week Range | 103.71 - 147.42 |
| Beta | 1.40 |
| Analysts | Hold |
| Price Target | 131.50 (+7.57%) |
| Earnings Date | Feb 1, 2024 |
About ARW
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products, including capacitors, resistors, potentiometers, power supplie... [Read more]
Financial Performance
In 2022, ARW's revenue was $37.12 billion, an increase of 7.68% compared to the previous year's $34.48 billion. Earnings were $1.43 billion, an increase of 28.76%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ARW stock is "Hold." The 12-month stock price forecast is $131.5, which is an increase of 7.57% from the latest price.
News
Arrow Electronics and Infinidat Announce Manufacturing and Fulfillment Services Agreement
CENTENNIAL, Colo. & WALTHAM, Mass.--(BUSINESS WIRE)--Global technology provider Arrow Electronics and Infinidat, a leading provider of enterprise storage solutions, have announced an agreement, enabli...
Arrow Electronics Establishes High-Power Centre of Excellence in UK to Accelerate Electrification and Sustainability
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the establishment of...
Arrow Electronics' ArrowSphere Supports the Move to XaaS with New Cloud Sustainability, Cost Optimization and Security Dashboards
CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology provider Arrow Electronics (NYSE:ARW) introduced a series of significant updates to its cloud management platform ArrowSphere to help ease multicl...
Arrow Electronics to Participate in Upcoming Investor Events
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced its management is scheduled to participate in the following investor events: Wells Fargo 7th Annual TMT Summit on...
PreAct Mojave Flash LiDAR to be Distributed Globally by Arrow Electronics
PORTLAND, Ore.--(BUSINESS WIRE)-- #adas--PreAct Technologies (PreAct), an Oregon-based developer of near-field flash LiDAR technology, today announced that its Mojave flash LiDAR sensor will be availa...
Arrow Electronics Reports Third-Quarter 2023 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2023 sales of $8.01 billion, a decrease of 14 percent year over year. Third-quarter net income was $...
Remark announces sales and marketing collaboration with Arrow Electronics and Intel
LAS VEGAS , Oct. 30, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI") -powered video analytics, today announced a sales and marketing ini...
Arrow Electronics to Host Third-Quarter 2023 Earnings Conference Call
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss third-quarter 2023 financial results on Nov. 2, 2023, at 1:00 PM ET. Register...
Arrow Electronics Names Rick Marano President of Global Components
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced that Rick Marano will be named president of the company's global components business, subject to formal Board app...
Arrow Electronics Reports Second-Quarter 2023 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2023 sales of $8.51 billion, a decrease of 10 percent year over year. Second-quarter net income was...
Arrow Electronics to Host Second-Quarter 2023 Earnings Conference Call
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced the company will host a conference call to discuss second-quarter 2023 financial results on Aug. 3, 2023, at 1:00 PM ET...
Arrow Electronics Creates Robotics Center of Excellence to Empower the Intelligent Edge and Advance Automation
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) and its company eInfochips have established a Robotics Center of Excellence (COE) to help customers accelerate time to market for...
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Arrow Electronics to Present at the BofA Securities 2023 Global Technology Conference
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced management will participate in a fireside chat at the BofA Securities 2023 Global Technology Conference held at T...
Arrow Electronics Reports First-Quarter 2023 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2023 sales of $8.74 billion, a decrease of 4 percent year over year, and a decrease of 2 percent yea...
Arrow Electronics to Host First-Quarter 2023 Earnings Conference Call
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced the company will host a conference call to discuss first-quarter 2023 financial results on May 4, 2023, at 1:00 PM ET. ...
Arrow Electronics Releases 2022 ESG Report
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) released its second Environmental, Social, and Governance (ESG) report today, available at www.arrow.com/esg. The report expands ...
3 Magic Formula AI Stocks to Watch
In his 2005 bestseller “The Little Book That Beats the Market,” Joel Greenblatt (Trades, Portfolio) introduced the investing world to the Magic Formula, a simple mathematical formula to find profitabl...
Arrow Electronics and Qualcomm Collaborate to Accelerate Edge and AI Adoption
DENVER & SAN DIEGO--(BUSINESS WIRE)--Arrow Electronics, Inc. and Qualcomm Technologies International, Ltd. have expanded their strategic collaboration. The establishment of Edge Labs — an Arrow Center...
CORRECTING and REPLACING Arrow Electronics Reports Fourth-Quarter and Full-Year 2022 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--In the FIRST-QUARTER 2023 OUTLOOK section, the final bullet has been updated. Also, in the First-Quarter 2023 GAAP to non-GAAP Outlook Reconciliation table, in th...
Arrow Electronics Reports Fourth-Quarter and Full-Year 2022 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today reported fourth-quarter 2022 sales of $9.32 billion, an increase of 3 percent year over year, and an increase of 8 percen...
Arrow Electronics Again Tops Industry Ranking in FORTUNE's World's Most Admired Companies List
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) has again been named to FORTUNE's “World's Most Admired Companies” list, ranking #1 in the “Wholesalers: Electronics and Office...
Arrow Electronics to Host Fourth-Quarter and Full-Year 2022 Earnings Conference Call
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced the company will host a conference call to discuss fourth-quarter and full-year 2022 financial results on Feb. 2, 202...
Arrow Electronics Signs Sunway Communication to Expand RF Connectivity Offering
CENTENNIAL, Colo.