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NASDAQ: AVT
Avnet Inc Stock Forecast, Predictions & Price Target

Analyst price target for AVT

Based on 2 analysts offering 12 month price targets for Avnet Inc.
Min Forecast
$52.00+35.95%
Avg Forecast
$52.50+37.25%
Max Forecast
$53.00+38.56%

Should I buy or sell AVT stock?

Based on 2 analysts offering ratings for Avnet Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AVT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 23%
78
Strong BuyMaintains$52.00+35.95%2021-08-12
Loop Capital
Top 34%
67
Strong BuyUpgrades$53.00+38.56%2021-04-30

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Forecast return on equity

Is AVT forecast to generate an efficient return?
Company
11.63%
Industry
33.81%
Market
46.47%
AVT's Return on Equity is forecast to be low in 3 years (11.63%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is AVT forecast to generate an efficient return on assets?
Company
5.24%
Industry
17.91%
AVT is forecast to generate lower Return on Assets (5.24%) than the US Technology industry average (17.91%)
Forecast

AVT earnings per share forecast

What is AVT's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$4.40+35.38%
Avg 2 year Forecast
$4.86+49.54%
AVT's earnings are forecast to grow at an exceptional rate of 22.29% per year
Forecast

AVT revenue forecast

What is AVT's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$22.2B+8.67%
Avg 2 year Forecast
$22.6B+10.78%
AVT's revenue is forecast to grow at a rate of 5.25% per year, which is not exceptional
Forecast

AVT earnings growth forecast

How is AVT forecast to perform vs Technology companies and vs the US market?
Company
22.29%
Industry
9.16%
Market
17.69%
AVT's earnings are forecast to grow faster (22.29% per year) than the US Technology industry average (9.16%)
Forecast
AVT's earnings are forecast to grow faster (22.29% per year) than the US market average (17.69%)
Forecast
AVT's earnings are forecast to grow faster (22.29% per year) than the risk-free savings rate (1.4%)
Forecast

AVT revenue growth forecast

How is AVT forecast to perform vs Technology companies and vs the US market?
Company
5.25%
Industry
10.45%
Market
10.71%
AVT's revenues are forecast to grow slower (5.25% per year) than the US Technology industry average (10.45%)
Forecast
AVT's revenues are forecast to grow slower (5.25% per year) than the US market average (10.71%)
Forecast

Avnet Stock Forecast FAQ

Is Avnet Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: AVT) stock is to Strong Buy AVT stock.

Out of 2 analysts, 2 (100%) are recommending AVT as a Strong Buy, 0 (0%) are recommending AVT as a Buy, 0 (0%) are recommending AVT as a Hold, 0 (0%) are recommending AVT as a Sell, and 0 (0%) are recommending AVT as a Strong Sell.

What is AVT's earnings growth forecast for 2022-2023?

(NASDAQ: AVT) Avnet's forecast annual earnings growth rate of 22.29% is forecast to beat the US Technology industry's average forecast earnings growth rate of 9.16%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Avnet's earnings in 2021 is $323,320,000.On average, 4 Wall Street analysts forecast AVT's earnings for 2022 to be $436,577,280, with the lowest AVT earnings forecast at $416,732,858, and the highest AVT earnings forecast at $451,460,596.

In 2023, AVT is forecast to generate $482,219,450 in earnings, with the lowest earnings forecast at $450,468,375 and the highest earnings forecast at $514,962,746.

What is AVT's revenue growth forecast for 2022-2023?

(NASDAQ: AVT) Avnet's forecast annual revenue growth rate of 5.25% is not forecast to beat the US Technology industry's average forecast revenue growth rate of 10.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Avnet's revenue in 2021 is $20,396,315,000.On average, 3 Wall Street analysts forecast AVT's revenue for 2022 to be $2,199,195,139,168, with the lowest AVT revenue forecast at $2,176,536,183,024, and the highest AVT revenue forecast at $2,237,468,480,161.

In 2023, AVT is forecast to generate $2,241,988,047,226 in revenue, with the lowest revenue forecast at $2,238,907,200,741 and the highest revenue forecast at $2,245,068,893,710.

What is AVT's forecast return on assets (ROA) for 2022-2023?

(NASDAQ: AVT) forecast ROA is 5.24%, which is lower than the forecast US Technology industry average of 17.91%.

What is AVT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year AVT price target, the average AVT price target is $52.50, with the highest AVT stock price forecast at $53.00 and the lowest AVT stock price forecast at $52.00.

On average, Wall Street analysts predict that Avnet's share price could stay at $52.50 by Aug 12, 2022. The average Avnet stock price prediction forecasts a potential downside of N/A from the current AVT share price of $38.25.

What is AVT's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: AVT) Avnet's current Earnings Per Share (EPS) is $3.25. On average, analysts forecast that AVT's EPS will be $4.40 for 2022, with the lowest EPS forecast at $4.20, and the highest EPS forecast at $4.55. In 2023, AVT's EPS is forecast to hit $4.86 (min: $4.54, max: $5.19).

What is AVT's forecast return on equity (ROE) for 2022-2023?

(NASDAQ: AVT) forecast ROE is 11.63%, which is considered weak.
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