Stocks · Technology · Technology Distributors
Avnet, Inc. AVT
$106.94 +4.60% Close, Oct 2, 2026 · NASDAQ · Market cap $8.77B
Strong trend
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Over the past year the stock returned +104.8%, ahead of the S&P 500 by 89.8 percentage points.
- The shares trade at 26.8× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $3.99, up 46.1% year over year.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 25%
- EPS growth (TTM, YoY)Top 31%
- FCF growth (TTM, YoY)Bottom 4%
- Revenue growth, 3-year CAGRBottom 35%
- Revenue growth accelerationTop 9%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 39%
- Gross marginBottom 7%
- Operating marginBottom 44%
- Cash conversion (OCF / net income)Bottom 3%
- Accruals (lower is better)Bottom 7%
- Net debt / EBITDA (lower is better)Bottom 11%
- Interest coverBottom 49%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 25%
- Free-cash-flow yieldBottom 16%
- EBITDA / enterprise valueTop 24%
- Sales / enterprise valueTop 4%
- P/E vs own 5-year history (lower is better)Bottom 10%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 15%
- 6-month returnTop 19%
- 1-year return vs S&P 500Top 13%
- Distance from 52-week highTop 3%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 40%
- Consecutive EPS beatsTop 32%
- Share of analysts rating BuyBottom 11%
- Upside to consensus price targetBottom 6%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 21%
- Maximum drawdown, 3 yearsTop 2%
- Beta vs S&P 500 (lower is better)Top 31%
- Net debt / EBITDA (lower is better)Bottom 11%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 12.7% | 24.5% | ↑ |
| EPS growth (YoY) | -28.0% | 46.1% | ↑ |
| Gross margin | 10.7% | 10.4% | ↓ |
| Operating margin | 2.8% | 3.1% | ↑ |
| FCF margin | 2.6% | -1.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 24.5% | 12.7% | ↑ | Top 25% |
| EPS growth (TTM, YoY) | 46.1% | -28.0% | ↑ | Top 31% |
| Gross margin | 10.4% | 10.7% | ↓ | Bottom 7% |
| Operating margin | 3.1% | 2.8% | ↑ | Bottom 44% |
| Net margin | 1.2% | 1.1% | ↑ | — |
| Free-cash-flow margin | -1.3% | 2.6% | ↓ | — |
| Return on invested capital | 7.1% | — | Top 39% | |
| Revenue growth, 3-year CAGR | 1.4% | — | Bottom 35% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -0.84×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 4.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +34.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.88×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.30%
- Net buyback yield (TTM)
- 1.58%
- Shareholder yield
- 2.88%
- Share count change, 1 year
- -0.4%
- Share count change, 3-year CAGR
- -2.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Aug 14, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +12.8%
- Average 2-day reaction, last 8
- +1.7%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $92.33
- Target vs current price
- -13.7%
- Analysts with a rating
- 20
- Share rating Buy or Strong Buy
- 35%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +26.7% | +5.1% | +3.7% | -3.4% | — |
| Apr 29, 2026 | +11.3% | +4.2% | +5.3% | +11.2% | +14.2% |
| Jan 28, 2026 | +10.5% | +13.8% | +19.6% | +27.8% | +48.3% |
| Oct 29, 2025 | +2.8% | -3.8% | -6.4% | -6.6% | +1.7% |
| Aug 6, 2025 | +12.5% | -4.7% | +2.8% | +1.0% | -6.3% |
| Apr 30, 2025 | +16.7% | -8.3% | -4.1% | -1.7% | +4.4% |
| Jan 29, 2025 | -1.1% | +1.5% | -4.7% | -1.6% | -1.4% |
| Oct 30, 2024 | +7.2% | +5.9% | +0.2% | +0.7% | -3.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $2.28 | $1.80 | +26.7% | $8.30B |
| Apr 29, 2026 | $1.48 | $1.33 | +11.3% | $7.12B |
| Jan 28, 2026 | $1.05 | $0.95 | +10.5% | $6.32B |
| Oct 29, 2025 | $0.84 | $0.82 | +2.8% | $5.90B |
| Aug 6, 2025 | $0.81 | $0.72 | +12.5% | $5.62B |
| Apr 30, 2025 | $0.84 | $0.72 | +16.7% | $5.32B |
| Jan 29, 2025 | $0.87 | $0.88 | -1.1% | $5.66B |
| Oct 30, 2024 | $0.92 | $0.86 | +7.2% | $5.60B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 26.8× | 9.8× | 95th | Top 25% |
| P/E (forward) | 9.2× | — | — | — |
| EV / EBITDA | 14.1× | — | — | Top 24% |
| EV / Sales | 0.44× | — | — | Top 4% |
| Free-cash-flow yield | -4.04% | — | — | Bottom 16% |
| Earnings yield | 3.73% | — | — | Top 25% |
P/E over the past five years
Range 4.7× – 31.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +104.8%
- Earnings per share growth (TTM)
- +46.1%
- Change in P/E multiple
- +32.5%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 24
- Days above the 200-day average
- 174
- 50-day average slope (20 days)
- +5.0%
- 200-day average slope (20 days)
- +6.9%
- Distance from 50-day average
- +14.1%
- Distance from 200-day average
- +39.8%
- RSI (14)
- 68.1
- Relative volume
- 1.58×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 41.7%
- Volatility vs own 5-year history
- 94th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.13
- Correlation with S&P 500
- 0.53
- Current drawdown from 1-year high
- +0.0%
- Maximum drawdown, 3 years
- -28.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 30, 2024 | Apr 8, 2025 | -28.1% | 108 days | 202 days (Jan 28, 2026) |
| Jun 7, 2022 | Sep 26, 2022 | -27.6% | 76 days | 190 days (Jun 29, 2023) |
| May 24, 2021 | Dec 1, 2021 | -19.5% | 133 days | 105 days (May 3, 2022) |
| Oct 14, 2020 | Oct 29, 2020 | -14.2% | 11 days | 11 days (Nov 13, 2020) |
| Sep 1, 2023 | Feb 7, 2024 | -13.8% | 108 days | 62 days (May 7, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $8.77B
- P/E (TTM)
- 26.8
- EPS, diluted (TTM)
- $3.99
- Revenue (TTM)
- $27.63B
- Dividend yield
- 1.33%
- 52-week range
- $44.25 – $108.63
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $24.31B | $26.54B | $23.76B | $22.20B | $27.63B |
| Gross profit | $2.97B | $3.18B | $2.77B | $2.38B | $2.88B |
| Operating income | $939.0M | $1.19B | $844.4M | $622.6M | $859.5M |
| Net income | $692.4M | $770.8M | $498.7M | $240.2M | $334.4M |
| EPS (diluted) | $6.94 | $8.26 | $5.43 | $2.75 | $4.01 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.60B | $5.66B | $5.32B | $5.62B | $5.90B | $6.32B | $7.12B | $8.30B |
| Net income | $59.0M | $87.3M | $87.9M | $6.1M | $51.7M | $61.7M | $94.3M | $126.6M |
| EPS (diluted) | $0.66 | $0.99 | $1.01 | $0.07 | $0.61 | $0.75 | $1.14 | $1.49 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | -$219.3M | -$713.7M | $690.0M | $724.5M | -$280.9M |
| Capital expenditure | -$48.9M | -$194.7M | -$226.5M | -$147.5M | -$73.6M |
| Free cash flow | -$268.2M | -$908.4M | $463.5M | $577.0M | -$354.5M |
| Dividends paid | -$98.5M | -$106.3M | -$112.0M | -$113.3M | -$114.4M |
| Net share buybacks | -$184.4M | -$221.7M | -$162.7M | -$303.5M | -$138.3M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $155.4M
- Total assets
- $15.43B
- Total liabilities
- $10.40B
- Total debt
- $3.48B
- Net debt
- $3.32B
- Shareholders’ equity
- $5.02B
As of Jun 27, 2026 (filed Aug 14, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 9, 2026 | $0.37 | Sep 23, 2026 |
| Jun 3, 2026 | $0.35 | Jun 17, 2026 |
| Mar 4, 2026 | $0.35 | Mar 18, 2026 |
| Dec 3, 2025 | $0.35 | Dec 17, 2025 |
| Sep 17, 2025 | $0.35 | Sep 26, 2025 |
| Jun 4, 2025 | $0.33 | Jun 18, 2025 |
| Mar 5, 2025 | $0.33 | Mar 19, 2025 |
| Dec 4, 2024 | $0.33 | Dec 18, 2024 |
Short interest
- Shares sold short
- 8,476,230
- Days to cover
- 7.44
- Change vs previous report
- +6.6%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 29, 2000
- 2-for-1
- Feb 16, 1983
- 2-for-1
- Jun 1, 1981
- 11-for-10