Arrow Electronics Inc has a consensus price target of $126.57 based on the ratings of 7 analysts. The high is $150 issued by Raymond James on February 3, 2023. The low is $100 issued by Wells Fargo on February 3, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Goldman Sachs, and Truist Securities on May 28, 2024, May 21, 2024, and February 9, 2024, respectively. With an average price target of $129.33 between Goldman Sachs, Goldman Sachs, and Truist Securities, there's an implied 2.10% upside for Arrow Electronics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/28/2024 | Buy Now | 4.21% | Goldman Sachs | Toshiya Hari | $116 → $132 | Maintains | Neutral | Get Alert |
05/21/2024 | Buy Now | 4.21% | Goldman Sachs | Toshiya Hari | $116 → $132 | Maintains | Neutral | Get Alert |
02/09/2024 | Buy Now | -2.11% | Truist Securities | William Stein | $128 → $124 | Maintains | Hold | Get Alert |
08/07/2023 | Buy Now | 8.94% | Truist Securities | William Stein | $131 → $138 | Maintains | Hold | Get Alert |
05/09/2023 | Buy Now | 6.58% | B of A Securities | Ruplu Bhattacharya | $140 → $135 | Maintains | Neutral | Get Alert |
02/06/2023 | Buy Now | -0.53% | Goldman Sachs | Toshiya Hari | $111 → $126 | Maintains | Neutral | Get Alert |
02/03/2023 | Buy Now | -21.05% | Wells Fargo | Joseph Quatrochi | $87 → $100 | Maintains | Underweight | Get Alert |
02/03/2023 | Buy Now | 3.42% | Truist Securities | William Stein | $116 → $131 | Maintains | Hold | Get Alert |
02/03/2023 | Buy Now | 10.52% | Citigroup | Jim Suva | $115 → $140 | Maintains | Neutral | Get Alert |
02/03/2023 | Buy Now | 18.42% | Raymond James | Melissa Fairbanks | $125 → $150 | Maintains | Outperform | Get Alert |
01/23/2023 | Buy Now | -8.42% | Truist Securities | William Stein | $114 → $116 | Maintains | Hold | Get Alert |
11/04/2022 | Buy Now | -1.32% | Raymond James | Melissa Fairbanks | $150 → $125 | Maintains | Outperform | Get Alert |
10/10/2022 | Buy Now | -17.11% | Stifel | Matthew Sheerin | $130 → $105 | Maintains | Hold | Get Alert |
09/16/2022 | Buy Now | -31.32% | Wells Fargo | Joseph Quatrochi | $125 → $87 | Downgrade | Equal-Weight → Underweight | Get Alert |
04/08/2022 | Buy Now | -0.53% | Truist Securities | William Stein | $143 → $126 | Maintains | Hold | Get Alert |
02/04/2022 | Buy Now | 12.89% | Truist Securities | William Stein | $132 → $143 | Maintains | Hold | Get Alert |
02/02/2022 | Buy Now | 18.42% | Raymond James | Melissa Fairbanks | → $150 | Upgrade | Market Perform → Outperform | Get Alert |
The latest price target for Arrow Electronics (NYSE:ARW) was reported by Goldman Sachs on May 28, 2024. The analyst firm set a price target for $132.00 expecting ARW to rise to within 12 months (a possible 4.21% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Arrow Electronics (NYSE:ARW) was provided by Goldman Sachs, and Arrow Electronics maintained their neutral rating.
The last upgrade for Arrow Electronics Inc happened on February 2, 2022 when Raymond James raised their price target to $150. Raymond James previously had a market perform for Arrow Electronics Inc.
The last downgrade for Arrow Electronics Inc happened on September 16, 2022 when Wells Fargo changed their price target from $125 to $87 for Arrow Electronics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arrow Electronics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Arrow Electronics was filed on May 28, 2024 so you should expect the next rating to be made available sometime around May 28, 2025.
While ratings are subjective and will change, the latest Arrow Electronics (ARW) rating was a maintained with a price target of $116.00 to $132.00. The current price Arrow Electronics (ARW) is trading at is $126.67, which is within the analyst’s predicted range.
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