Avnet, Inc.

NasdaqGS:AVT Stock Report

Market Cap: US$6.8b

Avnet Dividends and Buybacks

Dividend criteria checks 4/6

Avnet is a dividend paying company with a current yield of 1.67% that is well covered by earnings.

Key information

1.7%

Dividend yield

2.8%

Buyback Yield

Total Shareholder Yield4.5%
Future Dividend Yield1.7%
Dividend Growth7.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio53%

Recent dividend and buyback updates

Analysis Article Aug 25

Avnet (NASDAQ:AVT) Has Announced That It Will Be Increasing Its Dividend To $0.35

The board of Avnet, Inc. ( NASDAQ:AVT ) has announced that it will be increasing its dividend by 6.1% on the 26th of...

Recent updates

Analysis Article 21h

News Flash: Analysts Just Made A Notable Upgrade To Their Avnet, Inc. (NASDAQ:AVT) Forecasts

Celebrations may be in order for Avnet, Inc. ( NASDAQ:AVT ) shareholders, with the analysts delivering a significant...
Narrative Update Apr 23

AVT: Higher Earnings Multiple Will Limit Upside As Buybacks Conclude

Analysts have lifted their fair value estimate for Avnet to $66 from $53, citing updated assumptions for revenue growth, profit margins, and a slightly higher future P/E multiple reflected across recent price target increases from major firms. Analyst Commentary Recent Street research on Avnet centers on refreshed price targets and an upgrade, with analysts updating their models to reflect revised assumptions on revenue, margins, and valuation multiples.
Narrative Update Apr 08

AVT: Higher Revenue And Margin Assumptions Will Support Measured Future Repricing

Avnet's analyst price target has shifted to $69.00. The change is supported by analysts citing updated views on discount rate, revenue growth, profit margin and future P/E assumptions following recent target revisions from several firms.
Narrative Update Mar 25

AVT: Higher Revenue And Margin Assumptions Will Support Richer Future P/E

Analysts have raised Avnet's price target by $5. They cite updated assumptions that include slightly higher revenue growth, modestly stronger profit margins, and a small adjustment to the discount rate and future P/E multiple.
Narrative Update Mar 11

AVT: Raised Outlook Will Depend On Uncertain Execution And Margin Delivery

The analyst price target for Avnet has been raised from $43 to $48, reflecting updated assumptions on revenue growth, profit margins, and a lower future P/E multiple based on recent research from major firms. Analyst Commentary Recent research updates on Avnet highlight a split between higher price targets and a cautious tone on what the company needs to deliver to justify those assumptions.
Narrative Update Feb 25

AVT: Fair View Sees Raised Price Hopes Resting On Future P/E Execution

Analysts have raised their price targets for Avnet, with an updated fair value of $69.00 based on slightly stronger assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Bullish analysts have recently lifted their price targets for Avnet, signaling a more constructive view on how the company could execute against its current assumptions for revenue growth, margins, and valuation multiples.
Narrative Update Feb 11

AVT: Fair View Balances Higher Earnings Assumptions With Lower Future P E Multiple

Our updated view on Avnet lifts the fair value estimate from $64 to $69, reflecting analysts’ higher price targets and expectations for revenue growth, margins, and a lower future P/E multiple. Analyst Commentary Recent Street research around Avnet has tilted more constructive, with several firms lifting their price targets in quick succession.
Analysis Article Jan 30

Earnings Tell The Story For Avnet, Inc. (NASDAQ:AVT) As Its Stock Soars 28%

Avnet, Inc. ( NASDAQ:AVT ) shareholders have had their patience rewarded with a 28% share price jump in the last month...
Narrative Update Jan 27

AVT: Cyclical Stabilisation And Buybacks Will Shape Mixed Margin Outlook

Analysts lifted their price target on Avnet by $1 to $55, pointing to recent Q3 upside, mixed Q4 guidance, ongoing margin pressure from geographic mix, and early signs of cyclical stabilisation, even as AI exposure remains limited. Analyst Commentary Analysts are generally neutral on Avnet at current levels, but the small price target increase to US$55 reflects a mix of improving signals and ongoing execution questions, especially around margins.
Narrative Update Jan 11

AVT: Cyclical Stabilization And Buybacks Will Support Mixed Margin Outlook

Analysts have increased their price target on Avnet by $1 to $55, citing recent Q3 upside, mixed Q4 guidance, and signs of cyclical stabilization, even as revenue strength has been slow to translate into margins and AI exposure remains limited. Analyst Commentary Bullish Takeaways Bullish analysts see the raised price target to $55 as a sign that recent Q3 upside is at least partly reflected in expectations, even if ratings stay neutral.
Narrative Update Dec 27

AVT: Cyclical Stabilization And Buybacks Will Offset Mixed Margins

Analysts have nudged their price target on Avnet slightly higher to $55 from $54, citing recent quarterly upside, early signs of cyclical stabilization, and the potential for improved end-market conditions despite ongoing margin pressures and limited AI exposure. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent quarterly upside, particularly in Q3 performance, as evidence that Avnet is executing well enough to justify a modestly higher valuation.
Seeking Alpha Dec 14

Avnet: The Cycle Is Turning, But Margins Still Hold The Stock Back

Summary Avnet Inc. posted a Q1 FY26 revenue turnaround, but margin improvement remains elusive, supporting a continued hold rating. Farnell delivered double-digit revenue and margin growth, yet its small scale limits its impact on AVT's consolidated profitability. Gross and operating margins remain under pressure, with no near-term signs of operating leverage or upward re-rating potential. AVT trades at low multiples, reflecting thin margins and muted earnings quality; further upside depends on meaningful margin expansion. Read the full article on Seeking Alpha
Narrative Update Dec 12

AVT: Cyclical Stabilization And Share Buybacks Will Support Future Performance

Analysts have nudged their price target on Avnet up by $1 to $55 as they factor in recent quarterly upside and early signs of cyclical stabilization, while still cautioning that margin pressure and limited AI exposure temper the recovery outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent Q3 upside validates Avnet's ability to execute in a challenging demand backdrop, supporting the modest price target increase.
Narrative Update Nov 27

AVT: Cyclical Stabilization and Margin Improvement Will Strengthen Future Performance

Analysts have modestly increased Avnet's price target from $54 to $55. This change reflects cautious optimism amid mixed quarterly guidance and ongoing challenges with margin improvement due to geographic factors.
Narrative Update Nov 12

AVT: Cyclical Stabilization Signals Will Drive Renewed Investor Confidence

Analysts have modestly increased Avnet's price target from $54 to $55, citing mixed quarterly guidance and signs of cyclical stabilization. They also note that limited AI exposure and margin challenges continue to temper expectations.
Narrative Update Oct 29

Cyclical Stabilization And Asia Momentum Will Support Measured Upside Ahead

Analysts have slightly increased their price target for Avnet, now at $53.00 from $52.75, citing recent revenue growth and signs of stabilization. Margin pressure persists across certain business segments.
Analysis Article Aug 25

Avnet (NASDAQ:AVT) Has Announced That It Will Be Increasing Its Dividend To $0.35

The board of Avnet, Inc. ( NASDAQ:AVT ) has announced that it will be increasing its dividend by 6.1% on the 26th of...
Analysis Article Aug 03

Avnet's (NASDAQ:AVT) Returns On Capital Are Heading Higher

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Jul 16

Avnet (NASDAQ:AVT) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 28

Sentiment Still Eluding Avnet, Inc. (NASDAQ:AVT)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
Analysis Article May 10

Investors Can Find Comfort In Avnet's (NASDAQ:AVT) Earnings Quality

Shareholders appeared unconcerned with Avnet, Inc.'s ( NASDAQ:AVT ) lackluster earnings report last week. Our analysis...
Seeking Alpha Feb 04

Avnet: Stock Likely To Remain Rangebound In The Near Term

Summary There is evidence of industry recovery and strong performance in Asia is a very positive sign. Weakness in the Americas and EMEA, coupled with uncertain timing of demand recovery, justifies maintaining a neutral rating for now. Current valuation at 11x forward PE is slightly above the 10-year average, and I don't expect a re-rating until tangible improvements are seen in the Americas and Europe. Read the full article on Seeking Alpha
Seeking Alpha Nov 07

Avnet: Declining Demand And Escalating Competition Pose Challenges Ahead

Summary Avnet's financial performance has deteriorated since 3Q23, with no signs of turnaround due to global demand slowdown and competitive pressures. Margins have declined significantly, with gross margin falling to 10.83% from 11.81% and net margin to 1.05% from 3.30%. Avnet faces challenges such as a slowdown in demand due to poor global inventory turnover and a more competitive landscape due to the merger of WT Microelectronics and Future Electronics. Farnell segment continues to underperform, contributing only 1.1% to operating income, and faces multiple issues including weak EMEA market outlook. Valuation analysis suggests market participants are overly optimistic, with a potential 25% decline in share price after factoring a decline in revenue growth for FY 2025. Read the full article on Seeking Alpha
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New Narrative Aug 30

Decisive Moves And Market Focus Fuel Optimism Despite Challenges

Strategic inventory management and investment in areas of recovering demand are poised to enhance cash flow.
Seeking Alpha Jul 02

Avnet: Requires A Few More Quarters Before Reaching The Trough

Summary Avnet is recommended as a hold, as the near-term downside may be huge. AVT's scale provides a competitive advantage with a wide assortment of SKUs and strong distribution capacity. Turnaround for AVT is expected in a few quarters (but this is hard to pinpoint). Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AVT's dividends per share have been stable in the past 10 years.

Growing Dividend: AVT's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Avnet Dividend Yield vs Market
How does AVT dividend yield compare to the market?
SegmentDividend Yield
Company (AVT)1.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Electronic)0.8%
Analyst forecast (AVT) (up to 3 years)1.7%

Notable Dividend: AVT's dividend (1.67%) is higher than the bottom 25% of dividend payers in the US market (1.41%).

High Dividend: AVT's dividend (1.67%) is low compared to the top 25% of dividend payers in the US market (4.24%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53.3%), AVT's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (349.3%), AVT's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 06:11
End of Day Share Price 2026/05/06 00:00
Earnings2026/03/28
Annual Earnings2025/06/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Avnet, Inc. is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ruplu BhattacharyaBofA Global Research
James SuvaCitigroup Inc
Louis MisciosciaCLSA