Arrow Electronics, Inc. (ARW) Stock AnalysisARWArrow Electronics, Inc.

Arrow Electronics, Inc. sources and engineers' technology for thousands of manufacturers, service providers, and users of enterprise computing solutions. Its segments include global components and global ECS. It distributes electronic components to original equipment manufacturers and equipment manufacturers providers through its global components segment and provides enterprise computing solutions to value-added resellers and managed service providers through its global ECS reportable segment. The global ECS portfolio includes datacenter, cloud, security, and analytics solutions. Global ECS further supports customers by enabling their software and cloud solutions businesses through ArrowSphere, a software and cloud marketplace and management platform. It maintains over 140 sales facilities and 39 distribution and value-added centers, serving over 85 countries. It has operations in each of the three electronics markets, including the Americas, the EMEA and the Asia/Pacific regions. It operates in the Technology sector (WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC industry).

Arrow Electronics Inc is currently a hold. The stock is priced at $227.90, which is below the average analyst price target of $240, indicating potential upside. However, the RSI is at 42.60, suggesting it is nearing oversold territory, but not yet a strong buy signal. The company reported a strong Q2 with a net profit of $272.711 million, translating to $5.26 per share, a significant increase from last year, showing robust profitability. The main risk is the recent insider selling trend, which has increased by 176.67% over the last month, indicating potential concerns among insiders about the company's future performance.

9 analysts cover ARW: 4 rate it Buy, 4 Hold and 1 Sell. The average price target is 107.00.