On May 1, 2025, Truist Securities maintained its rating for Avnet (AVT, Financial) at "Hold." This decision was confirmed by analyst William Stein, who has been closely monitoring the company's performance.
Alongside the maintained rating, Truist Securities has adjusted its price target for Avnet (AVT, Financial), lowering it from the previous target of $52.00 to a new target of $50.00. This reflects a -3.85% change in the price target. The adjustment indicates a reevaluation of Avnet's current market conditions and future prospects by the analyst.
The currency for the price target adjustment remains in USD, consistent with the valuation context for the NASDAQ-listed company. Investors following Avnet (AVT, Financial) may consider this latest update as part of their broader investment analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Avnet Inc (AVT, Financial) is $51.25 with a high estimate of $64.00 and a low estimate of $43.00. The average target implies an upside of 6.34% from the current price of $48.20. More detailed estimate data can be found on the Avnet Inc (AVT) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Avnet Inc's (AVT, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Avnet Inc (AVT, Financial) in one year is $46.66, suggesting a downside of 3.18% from the current price of $48.195. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Avnet Inc (AVT) Summary page.
