Arrow Electronics (NYSE:ARW) Issues Q3 2026 Earnings Guidance

Arrow Electronics (NYSE:ARW) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.830-5.030 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of $9.6 billion-$10.2 billion, compared to the consensus revenue estimate of $9.5 billion.

Arrow Electronics Stock Down 8.4%

Shares of NYSE ARW opened at $203.51 on Friday. The company’s 50-day simple moving average is $215.78 and its 200-day simple moving average is $180.65. Arrow Electronics has a 52-week low of $101.79 and a 52-week high of $237.33. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 13.00 and a beta of 1.20. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.63%. The firm had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. During the same quarter in the prior year, the firm earned $2.43 EPS. The company’s revenue for the quarter was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities analysts predict that Arrow Electronics will post 19.15 EPS for the current fiscal year.

Arrow Electronics declared that its board has authorized a stock repurchase plan on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 9.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

ARW has been the subject of several research reports. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Raymond James Financial reaffirmed an “outperform” rating and set a $250.00 target price on shares of Arrow Electronics in a report on Friday. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their target price for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Finally, Truist Financial lowered their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Arrow Electronics has a consensus rating of “Hold” and a consensus target price of $233.25.

Insider Activity

In other news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president owned 12,626 shares of the company’s stock, valued at $2,727,216. This represents a 19.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total transaction of $732,768.27. Following the completion of the sale, the insider owned 48,835 shares in the company, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by company insiders.

Key Stories Impacting Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Arrow reported adjusted EPS of $5.45 versus the $4.45 consensus estimate, while revenue rose 31.8% year over year to $9.99 billion, above forecasts. Arrow Electronics Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Demand and backlog trends remain encouraging: Management cited broadening demand in Global Components, including AI, aerospace and industrial markets. Book-to-bill remained above 1, with backlog extending into the first half of 2027. Arrow Q2 Earnings Call Signals More Runway in Components
• Positive Sentiment: Capital allocation and analyst support provided offsets: A new share-repurchase plan, lower debt and margin-expansion commentary support the investment case. Truist maintained a Buy rating with a $250 price target, implying meaningful potential upside from recent trading levels. Truist raises Arrow Electronics price target
• Neutral Sentiment: Leadership change: Arrow appointed Deidra C. Merriwether as president and chief operating officer. The change could support execution, but investors may await more details on her priorities and expected impact. Arrow Electronics Appoints Deidra C. Merriwether
• Negative Sentiment: Third-quarter guidance implies sequential earnings moderation: Arrow forecast non-GAAP EPS of $4.83–$5.03 and revenue of $9.6–$10.2 billion. Although above consensus, the EPS outlook is below the latest quarter’s result, and investors appeared to expect a larger upgrade after the stock’s strong run.
• Negative Sentiment: Margin concerns persist: Partner restructuring charges continued to weigh on Enterprise Computing Solutions, while management acknowledged remaining pressure in parts of the business.
• Negative Sentiment: Insider selling may have added pressure: Quiver Quantitative reported 14 insider sales and no purchases during the past six months. Institutional positioning was mixed, with several large funds reducing their holdings.

Institutional Investors Weigh In On Arrow Electronics

Several hedge funds and other institutional investors have recently made changes to their positions in ARW. Transamerica Financial Advisors LLC acquired a new position in Arrow Electronics in the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. raised its holdings in Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Arrow Electronics during the 3rd quarter worth approximately $31,000. Quarry LP acquired a new position in shares of Arrow Electronics in the 3rd quarter valued at $33,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after buying an additional 143 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

About Arrow Electronics

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.