Arrow Electronics (NYSE:ARW) Stock

Arrow Electronics

Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.

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Wells Fargo analyst Joseph Quatrochi maintains Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) with a Underweight and lowers the price target from $100 to $98.

Price Target

Wells Fargo Maintains Underweight on Arrow Electronics, Lowers Price Target to $98

<h3>Gainers</h3>
<ul>
<li>Digital Turbine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPS#NASDAQ">APPS</a>) stock increased by 25.5% to $3.19 during Thursday's pre-market session. The company's market cap stands at $330.7 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>TTM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTMI#NASDAQ">TTMI</a>) shares rose 21.06% to $30.0. The market value of their outstanding shares is at $3.0 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>SEALSQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) stock moved upwards by 17.01% to $4.47. The market value of their outstanding shares is at $351.1 million. </li>
<li>Coherent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) shares increased by 15.43% to $104.01. The market value of their outstanding shares is at $16.0 billion. As per the press release, Q2 earnings came out yesterday. </li>
<li>Atomera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATOM#NASDAQ">ATOM</a>) stock increased by 13.39% to $10.5. The company's market cap stands at $302.1 million. </li>
<li>Castellum (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CTM#AMEX">CTM</a>) stock rose 11.37% to $0.85. The market value of their outstanding shares is at $65.7 million. </li>
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<li>Skyworks Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) shares declined by 28.0% to $62.7 during Thursday's pre-market session. The company's market cap stands at $10.0 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Impinj (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) shares decreased by 21.94% to $99.19. The company's market cap stands at $2.7 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) shares declined by 21.41% to $32.32. The company's market cap stands at $2.5 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Alpha &amp; Omega (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOSL#NASDAQ">AOSL</a>) stock decreased by 11.8% to $38.22. The company's market cap stands at $1.1 billion. As per the news, the Q2 earnings report came out yesterday. </li>
<li>ePlus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUS#NASDAQ">PLUS</a>) stock fell 8.57% to $74.0. The market value of their outstanding shares is at $1.9 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) stock declined by 8.37% to $105.3. The market value of their outstanding shares is at $5.5 billion. As per the press release, Q4 earnings came out today. 
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Arrow Electronics shares are trading lower after the company issued Q1 guidance below estimates.

Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) reported its Q4 earnings results on Thursday, February 6, 2025 at 08:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Arrow Electronics beat estimated earnings by 11.0%, reporting an EPS of $2.97 versus an estimate of $2.68.
Revenue was down $566.00 million from the same period last year.
<h3>Previous Earnings Records</h3>
The company beat on EPS by $0.16 in the last quarter, resulting in a 2.0% increase share price change the following day.
Here's a look at Arrow Electronics's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.22</td>
<td>2.16</td>
<td>2.37</td>
<td>3.72</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.38</td>
<td>2.78</td>
<td>2.41</td>
<td>3.98</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>6.73B</td>
<td>6.52B</td>
<td>7.05B</td>
<td>7.84B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>6.82B</td>
<td>6.89B</td>
<td>6.92B</td>
<td>7.85B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Arrow Electronics management provided guidance for Q1 2025, expecting earnings between $1.3 and $1.5 per share.
To track all earnings releases for Arrow Electronics <a href="https://www.benzinga.com/quote/ARW/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Arrow Electronics Q4 Earnings Summary & Key Takeaways

Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) reported its Q4 earnings results on Thursday, February 6, 2025 at 08:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Arrow Electronics beat estimated earnings by 11.0%, reporting an EPS of $2.97 versus an estimate of $2.68.
Revenue was down $566.00 million from the same period last year.
<h3>Previous Earnings Records</h3>
The company beat on EPS by $0.16 in the previous quarter, leading to a 2.0% increase share price change the next day.
Here's a look at Arrow Electronics's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.22</td>
<td>2.16</td>
<td>2.37</td>
<td>3.72</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.38</td>
<td>2.78</td>
<td>2.41</td>
<td>3.98</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>6.73B</td>
<td>6.52B</td>
<td>7.05B</td>
<td>7.84B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>6.82B</td>
<td>6.89B</td>
<td>6.92B</td>
<td>7.85B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Arrow Electronics management provided guidance for Q1 2025, expecting earnings between $1.3 and $1.5 per share.
To track all earnings releases for Arrow Electronics <a href="https://www.benzinga.com/quote/ARW/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Summary: Arrow Electronics Q4

The earnings results for Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) for Q4 were made public on Thursday, February 6, 2025 at 08:00 AM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Arrow Electronics beat estimated earnings by 11.0%, reporting an EPS of $2.97 versus an estimate of $2.68.
Revenue was down $566.00 million from the same period last year.
<h3>Overview of Past Earnings</h3>
In the previous quarter, the company beat on EPS by $0.16, resulting in a 2.0% increase change in the share price the following day.
Here's a look at Arrow Electronics's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.22</td>
<td>2.16</td>
<td>2.37</td>
<td>3.72</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.38</td>
<td>2.78</td>
<td>2.41</td>
<td>3.98</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>6.73B</td>
<td>6.52B</td>
<td>7.05B</td>
<td>7.84B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>6.82B</td>
<td>6.89B</td>
<td>6.92B</td>
<td>7.85B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Arrow Electronics management provided guidance for Q1 2025, expecting earnings between $1.3 and $1.5 per share.
To track all earnings releases for Arrow Electronics <a href="https://www.benzinga.com/quote/ARW/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Breakdown: Arrow Electronics Q4

Guidance

Arrow Electronics Sees Q1 Adj. EPS $1.30-$1.50 vs $1.99 Est., Revenue $5.98B-$6.58B vs $6.494B Est.

Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) reported quarterly earnings of $2.97 per share which beat the analyst consensus estimate of $2.63 by 12.93 percent. This is a 25.38 percent decrease over earnings of $3.98 per share from the same period last year. The company reported quarterly sales of $7.283 billion which beat the analyst consensus estimate of $7.059 billion by 3.17 percent. This is a 7.21 percent decrease over sales of $7.849 billion the same period last year.

Earnings Beats

Arrow Electronics Q4 2024 Adj. EPS $2.97 Beats $2.63 Estimate, Sales $7.283B Beat $7.059B Estimate

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Earnings Scheduled For February 6, 2025

Wells Fargo analyst Joseph Quatrochi maintains Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) with a Underweight and lowers the price target from $105 to $100.

Wells Fargo Maintains Underweight on Arrow Electronics, Lowers Price Target to $100

Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) disclosed the launch of Bitnami Premium, a commercial enterprise <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42413138/broadcom-announces-new-enterprise-grade-bitnami-offering-and-names-arrow-electronics-as-a-distribu" rel="noreferrer noopener">version of Bitnami by VMware Tanzu</a>.
The company also named Arrow Electronics, Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) as a global distributor for Bitnami Premium.
Bitnami, a free catalog of open-source software packages, is widely used by developers across major cloud platforms.
It provides easy access to the latest open-source tools in formats like virtual machines, containers, and Helm charts.
Bitnami Premium enhances this offering with security features that help platform engineering and security teams ensure compliance standards.
Bitnami Premium provides users with unlimited access to Bitnami containers and Helm charts on Docker Hub, as well as the latest secure Bitnami software packages for production applications.
It also offers long-term-supported versions maintained by upstream communities.
Purnima Padmanabhan, general manager of the Tanzu Division of Broadcom, said, &#8220;Averaging more than four billion downloads a year, Bitnami is critical in helping our customers accelerate their application delivery. This is why we are thrilled to announce the general availability of the new Bitnami Premium through our expanded relationship with Arrow Electronics.&#8221;&nbsp;&nbsp;
&#8220;Arrow will help us deliver the value of Bitnami Premium with enhanced security features and world-class support to more customers, while we focus on delivering innovation and new capabilities.&#8221;
Investors can gain exposure to the stock via Direxion Daily AVGO Bull 2X Shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVL#NASDAQ">AVL</a>) and Columbia Semiconductor and Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMI#NYSE">SEMI</a>).
Price Action: AVGO shares are down 3.88% at $172.00 at the last check Tuesday.
Read Next:
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Image via Shutterstock.

<a href="https://news.fiveyearsout.com/news-releases/news-details/2024/Arrow-Electronics-Expands-Distribution-Agreement-with-Broadcom-/default.aspx" title="https://news.fiveyearsout.com/news-releases/news-details/2024/Arrow-Electronics-Expands-Distribution-Agreement-with-Broadcom-/default.aspx">https://news.fiveyearsout.com/news-releases/news-details/2024/Arrow-Electronics-Expands-Distribution-Agreement-with-Broadcom-/default.aspx</a>

Arrow Electronics Expands Distribution Agreement With Broadcom; Arrow Is Responsible For Defining Sales Strategy, Driving Go-To-Market Initiatives Across Europe For Broadcom's Enterprise, Cybersecurity, Mainframe Software

Arrow Electronics Partners With Broadcom To Distribute VMware Solutions Across U.S. And Canada, Offering Full Cloud Portfolio Through ArrowSphere Platform To Enhance Channel Partner Opportunities

Arrow Electronics's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) short percent of float has risen 8.32% since its last report. The company recently reported that it has 2.65 million shares sold short, which is 6.51% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.48 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Arrow Electronics Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731604523_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Arrow Electronics has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Arrow Electronics's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Arrow Electronics's peer group average for short interest as a percentage of float is 4.27%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Ideas

Looking Into Arrow Electronics's Recent Short Interest

Raymond James analyst Melissa Fairbanks maintains Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) with a Outperform and lowers the price target from $140 to $135.

Raymond James Maintains Outperform on Arrow Electronics, Lowers Price Target to $135

Truist Securities analyst William Stein maintains Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) with a Hold and lowers the price target from $141 to $120.

Truist Securities Maintains Hold on Arrow Electronics, Lowers Price Target to $120

Arrow Electronics shares are trading lower after the company issued Q4 adjusted EPS guidance below estimates.

Fourth-Quarter 2024 Outlook
<ul>
<li>Consolidated sales of $6.67 billion to $7.27 billion, with global components sales of $4.50 billion to $4.90 billion, and global enterprise computing solutions sales of $2.17 billion to $2.37 billion</li>
<li>Net income per share on a diluted basis of $1.35 to $1.55, and non-GAAP net income per share on a diluted basis of $2.48 to $2.68</li>
<li>Average tax rate in the range of 23 to 25 percent</li>
<li>Interest expense of approximately $60 million to $65 million</li>
<li>Changes in foreign currencies to increase sales by approximately $60 million, and earnings per share on a diluted basis by $0.02 compared to the fourth quarter of 2023</li>
<li>Changes in foreign currencies to have no impact on growth in sales or earnings per share on a diluted basis compared to the third quarter of 2024</li>
</ul>
&nbsp;

Arrow Electronics Sees Q4 Adj EPS $2.48-$2.68 vs $3.42 Est; Sees Sales $6.670B-$7.270B vs $7.25B Est

Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) reported quarterly earnings of $2.38 per share which beat the analyst consensus estimate of $2.22 by 7.21 percent. This is a 42.51 percent decrease over earnings of $4.14 per share from the same period last year. The company reported quarterly sales of $6.823 billion which beat the analyst consensus estimate of $6.730 billion by 1.38 percent. This is a 14.79 percent decrease over sales of $8.007 billion the same period last year.

Arrow Electronics Q3 2024 Adj. EPS $2.38 Beats $2.22 Estimate, Sales $6.823B Beat $6.730B Estimate

Arrow Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the expansion of its Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul to better assist customers in the development of next-gen automotive products.
Innovators face hurdles in adopting connected, autonomous and hybrid software technologies, as some lack in-house engineering talent with the relevant skills. Arrow's Automotive CoE addresses the opportunities and helps resolve the challenges associated with these technologies in the automotive industry.
Arrow's recent acquisition of iQmine, a leading engineering services provider for the automotive and transportation industry, further bolsters the CoE's capabilities. Headquartered in Munich, Germany, with another development centre in Istanbul, Türkiye, iQmine helps automotive OEMs and Tier-1 companies accelerate product development, including its deep expertise in AUTOSAR (Automotive Open System Architecture), ECU (electronic control unit) software development, functional safety and vehicle diagnostics.

Arrow Electronics Announces The Expansion Of Its Automotive Centre Of Excellence With New Development Centres In Munich And Istanbul To Better Assist Customers In The Development Of Next-gen Automotive Products

Press Releases

Arrow Electronics to Host Third-Quarter 2024 Earnings Conference Call

Arrow Electronics Accelerates Automotive Software Development with Expansion into New Development Centres

Arrow Electronics Reports Third-Quarter 2024 Results

Arrow Electronics Enhances Its ArrowSphere AI Capabilities to Boost Channel Partner Cloud Businesses Strategies

Arrow Electronics Authorized by Broadcom to Provide VMware Solutions to North America Channel Partners

Arrow Electronics Names Lawrence (Liren) Chen as a New Director to Its Board

Arrow Electronics to Host Fourth-Quarter and Full-Year 2024 Earnings Conference Call

Arrow Electronics Again Tops Industry Ranking in FORTUNE's World's Most Admired Companies List

Clarifai Partners with Arrow Electronics to Accelerate Commercial AI Adoption and Distribution

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