Research Analysts Offer Predictions for Avnet Q3 Earnings

Avnet, Inc. (NASDAQ:AVT) – Zacks Research raised their Q3 2026 EPS estimates for shares of Avnet in a research report issued on Wednesday, February 11th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.26 per share for the quarter, up from their previous estimate of $1.20. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Avnet’s current full-year earnings is $3.41 per share. Zacks Research also issued estimates for Avnet’s Q4 2026 earnings at $1.33 EPS, FY2026 earnings at $4.48 EPS, Q1 2027 earnings at $1.37 EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $1.60 EPS, Q4 2027 earnings at $1.66 EPS, FY2027 earnings at $6.32 EPS, Q1 2028 earnings at $1.74 EPS, Q2 2028 earnings at $1.87 EPS and FY2028 earnings at $7.16 EPS.

Avnet (NASDAQ:AVT) last posted its earnings results on Wednesday, January 28th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. The firm had revenue of $6.32 billion during the quarter, compared to the consensus estimate of $6.03 billion. Avnet had a net margin of 0.90% and a return on equity of 6.08%. The company’s revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Avnet from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, January 30th. Wall Street Zen upgraded Avnet from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Wells Fargo & Company raised their target price on Avnet from $43.00 to $48.00 and gave the company an “underweight” rating in a research note on Thursday, January 29th. Finally, Truist Financial increased their price objective on shares of Avnet from $55.00 to $65.00 and gave the stock a “hold” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $54.33.

Avnet Stock Performance

Shares of Avnet stock opened at $65.96 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.07 and a current ratio of 2.07. Avnet has a 1 year low of $39.22 and a 1 year high of $67.57. The firm’s 50-day simple moving average is $53.20 and its 200-day simple moving average is $51.87. The firm has a market cap of $5.40 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 0.49 and a beta of 0.93.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Hantz Financial Services Inc. boosted its stake in shares of Avnet by 132.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $27,000 after acquiring an additional 300 shares during the last quarter. BOKF NA boosted its position in Avnet by 1,116.7% during the 3rd quarter. BOKF NA now owns 584 shares of the company’s stock valued at $31,000 after acquiring an additional 536 shares in the last quarter. MAI Capital Management increased its holdings in shares of Avnet by 53.7% during the third quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $35,000 after acquiring an additional 235 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Avnet by 53.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 737 shares of the company’s stock valued at $35,000 after acquiring an additional 258 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Avnet by 199.1% in the third quarter. Allworth Financial LP now owns 700 shares of the company’s stock worth $37,000 after acquiring an additional 466 shares during the period. 95.78% of the stock is owned by institutional investors.

Avnet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, December 3rd. Avnet’s dividend payout ratio (DPR) is 57.38%.

Avnet News Summary

Here are the key news stories impacting Avnet this week:

• Positive Sentiment: Zacks raised several near‑term and FY2026 estimates (including FY2026 to $4.48 from $4.29, and bumps to Q3 & Q4 FY2026 and some FY2027 quarter estimates), which suggests pockets of stronger near‑term outlook that could support the stock. MarketBeat AVT
• Neutral Sentiment: Zacks left a “Hold” rating on AVT; the firm’s mixed set of raises and cuts signals caution rather than a clear upgrade or downgrade from analysts. MarketBeat AVT
• Neutral Sentiment: Reported short interest data shows essentially zero shares short (and an unreliable NaN change), so short covering or new short activity is not a meaningful driver of today’s move. MarketBeat AVT
• Negative Sentiment: Zacks trimmed several mid‑ to longer‑term estimates (cuts to Q1 FY2027, Q4 FY2027, FY2027 and FY2028 along with reductions to several quarterly forecasts), and lowered some forward-year expectations — a net downward revision for future earnings that can pressure the stock. MarketBeat AVT

About Avnet

Avnet, Inc (NASDAQ: AVT) is a global technology distributor and solutions provider specializing in the sourcing, design, and supply chain management of electronic components and embedded systems. The company offers a broad portfolio of semiconductors, interconnect, passive and electromechanical components, as well as embedded hardware and software, cloud solutions, and Internet of Things (IoT) services. Avnet’s offerings aim to support customers through every stage of the product lifecycle, from initial prototype and design to production and end-of-life management.

Founded in 1921 by Charles Avnet, the company has evolved from a regional radio parts supplier into a multinational enterprise.