$48.47
1.09[2.30%]
At close: Apr 23
$48.47
0[0.00%]
After Hours: 4:20PM EDT
Avnet Stock (NASDAQ:AVT), Analyst Ratings, Price Targets, Predictions
Avnet Inc has a consensus price target of $49, established from looking at the 18 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Truist Securities, and Stifel on February 1, 2024, August 17, 2023, and August 17, 2023. With an average price target of $47.33 between Goldman Sachs, Truist Securities, and Stifel, there's an implied -2.35% downside for Avnet Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Truist Securities
Stifel
Wells Fargo
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Avnet
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/01/2024 | AVT | Buy Now | Avnet | $48.47 | -13.35% | Goldman Sachs | Mark Delaney | $48 → $42 | Maintains | Sell | Get Alert |
| 08/17/2023 | AVT | Buy Now | Avnet | $48.47 | 3.16% | Truist Securities | William Stein | $49 → $50 | Maintains | Hold | Get Alert |
| 08/17/2023 | AVT | Buy Now | Avnet | $48.47 | 3.16% | Stifel | Matthew Sheerin | $45 → $50 | Maintains | Hold | Get Alert |
| 08/17/2023 | AVT | Buy Now | Avnet | $48.47 | -17.47% | Wells Fargo | Joseph Quatrochi | $37 → $40 | Maintains | Underweight | Get Alert |
| 05/04/2023 | AVT | Buy Now | Avnet | $48.47 | -23.66% | Wells Fargo | Joseph Quatrochi | $38 → $37 | Maintains | Underweight | Get Alert |
| 02/02/2023 | AVT | Buy Now | Avnet | $48.47 | -21.6% | Wells Fargo | Joseph Quatrochi | $35 → $38 | Maintains | Underweight | Get Alert |
| 02/02/2023 | AVT | Buy Now | Avnet | $48.47 | -3.03% | JP Morgan | Joseph Cardoso | $45 → $47 | Maintains | Underweight | Get Alert |
| 02/02/2023 | AVT | Buy Now | Avnet | $48.47 | 3.16% | Citigroup | Jim Suva | $45 → $50 | Maintains | Neutral | Get Alert |
| 10/10/2022 | AVT | Buy Now | Avnet | $48.47 | -13.35% | Stifel | Matthew Sheerin | $48 → $42 | Maintains | Hold | Get Alert |
| 09/16/2022 | AVT | Buy Now | Avnet | $48.47 | -27.79% | Wells Fargo | Joseph Quatrochi | → $35 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 07/14/2022 | AVT | Buy Now | Avnet | $48.47 | -5.1% | JP Morgan | Joseph Cardoso | → $46 | Initiates | → Underweight | Get Alert |
| 06/07/2022 | AVT | Buy Now | Avnet | $48.47 | -7.16% | Wells Fargo | Joseph Quatrochi | $40 → $45 | Maintains | Equal-Weight | Get Alert |
| 06/07/2022 | AVT | Buy Now | Avnet | $48.47 | 3.16% | Citigroup | Jim Suva | $45 → $50 | Maintains | Neutral | Get Alert |
| 04/08/2022 | AVT | Buy Now | Avnet | $48.47 | -15.41% | Truist Securities | William Stein | $45 → $41 | Maintains | Hold | Get Alert |
| 01/27/2022 | AVT | Buy Now | Avnet | $48.47 | 17.6% | Raymond James | Melissa Fairbanks | $52 → $57 | Maintains | Strong Buy | Get Alert |
| 08/12/2021 | AVT | Buy Now | Avnet | $48.47 | 7.28% | Raymond James | Adam Tindle | — | Maintains | Strong Buy | Get Alert |
| 04/30/2021 | AVT | Buy Now | Avnet | $48.47 | 9.35% | Loop Capital | David Williams | — | Upgrade | Hold → Buy | Get Alert |
| 04/29/2021 | AVT | Buy Now | Avnet | $48.47 | 3.16% | Raymond James | Adam Tindle | — | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Avnet (AVT)?
The latest price target for Avnet (NASDAQ: AVT) was reported by Goldman Sachs on February 1, 2024. The analyst firm set a price target for $42.00 expecting AVT to fall to within 12 months (a possible -13.35% downside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Avnet (AVT)?
The latest analyst rating for Avnet (NASDAQ: AVT) was provided by Goldman Sachs, and Avnet maintained their sell rating.
When was the last upgrade for Avnet (AVT)?
The last upgrade for Avnet Inc happened on April 30, 2021 when Loop Capital raised their price target to $53. Loop Capital previously had a hold for Avnet Inc.
When was the last downgrade for Avnet (AVT)?
The last downgrade for Avnet Inc happened on September 16, 2022 when Wells Fargo changed their price target from N/A to $35 for Avnet Inc.
When is the next analyst rating going to be posted or updated for Avnet (AVT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Avnet, 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 Avnet was filed on February 1, 2024 so you should expect the next rating to be made available sometime around February 1, 2025.
Is the Analyst Rating Avnet (AVT) correct?
While ratings are subjective and will change, the latest Avnet (AVT) rating was a maintained with a price target of $48.00 to $42.00. The current price Avnet (AVT) is trading at is $48.47, which is out of the analyst’s predicted range.
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