
Avnet (AVT) Stock Forecast & Price Target
Avnet (AVT) Analyst Ratings
Bulls say
Avnet Inc has demonstrated a positive financial performance, notably in Asia, which benefited from tariff-related sales pull-ins, contributing an additional $150 million over two quarters. The company's results in CQ1 were bolstered by strong sales in the Farnell segment and increased component sales in Asia, reflecting an overall upside in its financial metrics. This growth across different segments and geographical regions positions Avnet favorably in the electronic component distribution market, enhancing its outlook.
Bears say
Avnet Inc. has issued weak guidance for CQ2, projecting sales of $5,300 million at the midpoint, which is 3.3% below analyst consensus of $5,482 million, indicating a potential slowdown in demand. Additionally, the company is facing challenges related to elevated inventory levels and customers' reluctance to place orders due to tariff risks, further complicating recovery efforts. These factors collectively suggest ongoing headwinds that could adversely affect Avnet's financial performance and stock outlook.
This aggregate rating is based on analysts' research of Avnet and is not a guaranteed prediction by Public.com or investment advice.
Avnet (AVT) Analyst Forecast & Price Prediction
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