Arrow Electronics, Inc. (ARW)
| Market Cap | 6.83B |
| Revenue (ttm) | 31.29B |
| Net Income (ttm) | 713.36M |
| Shares Out | 53.23M |
| EPS (ttm) | 12.74 |
| PE Ratio | 10.17 |
| Forward PE | 9.93 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,718 |
| Open | 129.29 |
| Previous Close | 128.64 |
| Day's Range | 128.18 - 129.54 |
| 52-Week Range | 108.51 - 147.42 |
| Beta | 1.39 |
| Analysts | Hold |
| Price Target | 129.50 (+0.64%) |
| Earnings Date | May 2, 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 electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistor... [Read more]
Financial Performance
In 2023, ARW's revenue was $33.11 billion, a decrease of -10.82% compared to the previous year's $37.12 billion. Earnings were $903.51 million, a decrease of -36.68%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ARW stock is "Hold." The 12-month stock price forecast is $129.5, which is an increase of 0.64% from the latest price.
News
Arrow Electronics Reports First-Quarter 2024 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its first quarter of 2024. “We continued to execute well in a challenging market environmen...
Arrow Electronics Tapped to Become Sole Global Provider of Broadcom's CloudHealth From VMware Offering
CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE: ARW) announced that Broadcom selected it as the sole provider for its CloudHealth from VMware of...
Arrow Electronics to Host First-Quarter 2024 Earnings Conference Call
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss first-quarter 2024 financial results on May 2, 2024, at 1:00 p.m. ET. Webcast...
Arrow Electronics Launches Intelligent Vision Ecosystem
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) is utilizing the onsemi™ Imager Access System (IAS) module standard for developing intelligent vision solutions for use in roboti...
Arrow Electronics Introduces IT Distribution's First AI Companion to Supercharge Cloud Business Management
CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE:ARW) announced today that it has launched an initial release of ArrowSphere Assistant, an AI-powe...
Arrow Electronics Evolves ArrowSphere into Digital Distribution Platform to Reduce Complexity and Accelerate Growth in the IT Channel
CENTENNIAL, Colo.--(BUSINESS WIRE)--Global technology solutions provider Arrow Electronics, Inc. (NYSE:ARW) today announced it has evolved its award-winning ArrowSphere platform into a full-service di...
Arrow Electronics and Infineon Collaborate to Accelerate Automotive Electrification
CENTENNIAL, Colo. & MUNICH--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) and its engineering services company, eInfochips, are working with Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) to...
Superna Announces Global Distribution Agreement with Arrow Electronics
OTTAWA, Ontario--(BUSINESS WIRE)-- #cyberstorage--Superna, the global leader in data security and cyberstorage solutions – for on-premise, hybrid, and multi-cloud environments – announced today that i...
Arrow Electronics to Present at Upcoming Investor Conference
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced its management is scheduled to present at the Raymond James 45th Annual Institutional Investors Conference on Mon...
Arrow Electronics Reports Fourth-Quarter and Full-Year 2023 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its fourth quarter and fiscal year ended Dec. 31, 2023. “The company delivered fourth-quart...
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, topping the “Wholesalers: Electronics and Office Equipment...
Arrow Electronics Expands Centre of Excellence in Egypt for Next-gen Automotive Capabilities
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the expansion of its...
Arrow Electronics to Host Fourth-Quarter and Full-Year 2023 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 2023 financial results on Feb. 8, 2024,...
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...