Arrow Electronics Inc (ARW)
🔔 Watch stock
symbol.quality_heading
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Whoever buys today bets that the AI infrastructure wave carries the distribution cycle longer than 2021/2022 did — and that the 2026 earnings estimates around $19.90 per share hold. Whoever waits checks three things in the quarterly report due at the end of July 2026: growth without the shipping-day effect, new losses on the ECS contracts, and the filling of the CEO seat. A cyclical near its all-time high forgives little — but it rewards if the wave is real. The decision is yours.
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Arrow Electronics moves chips and enterprise IT to tens of thousands of business customers — and lit up our momentum run of July 17, 2026, with 27 scanner hits, about 4 percent below its all-time high. We read the annual report (10-K) for 2025, the quarterly report (10-Q) as of April 4, 2026, and the 8-K on the CEO departure: a record quarter with 39 percent growth that contained four extra shipping days, a net margin of less than two cents per revenue dollar, non-cancellable IT purchase obligations running through 2032 — and a chief executive seat filled only on an interim basis since September 2025. Not investment advice — just four shipping days, a base effect, and the honest question of how much of this is really AI.
Read the analysis
Stock Watch
This analysis is as of July 17, 2026. Stock Watch will tell you what's changed at ARW since then.
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Appears in These Scanners
This stock currently matches 28 of our scanner strategies — each hit links to the scanner.
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Trading Day
Key levels of the most recently completed trading day — not a live quote.
52-Week Range
Current price 216.60 $ — 86% of the range above the low.
Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 08/03/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
AI Rating
Sells AIArrow Electronics erzielt als Distributor nachweislich Umsatz mit KI: Die MD&A führt das Umsatzwachstum beider Segmente ausdrücklich auf KI-bezogene Nachfrage und den Verkauf KI-bezogener Lösungen zurück, und die eigene ArrowSphere-Plattform enthält eine KI-gestützte Go-to-Market-Komponente.
View the full file — quotes, sources, reviewed filings
„In the first quarter of 2026, Global Components and Global ECS benefitted from increased demand related to AI, due to widespread rapid expansion of AI infrastructure."
Im ersten Quartal 2026 profitierten Global Components und Global ECS von einer gestiegenen Nachfrage im Zusammenhang mit KI, bedingt durch den breiten, rasanten Ausbau der KI-Infrastruktur.
„The increase in Global Components sales compared to the year-earlier period, was primarily due to increased demand related to sustained market strength and AI related growth"
Der Anstieg der Global-Components-Umsätze gegenüber dem Vorjahreszeitraum war in erster Linie auf die gestiegene Nachfrage infolge anhaltender Marktstärke und KI-bezogenen Wachstums zurückzuführen
„growth in the EMEA region primarily due to healthy demand for infrastructure applications, hybrid-cloud solutions, and AI related solutions"
Wachstum in der EMEA-Region, vor allem aufgrund der gesunden Nachfrage nach Infrastruktur-Anwendungen, Hybrid-Cloud-Lösungen und KI-bezogenen Lösungen
„ArrowSphere includes an AI-enabled digital go-to-market platform aimed at helping the company’s channel partners sell and support a variety of cloud offerings at higher rates."
ArrowSphere umfasst eine KI-gestützte digitale Go-to-Market-Plattform, die den Vertriebspartnern des Unternehmens helfen soll, eine Vielzahl von Cloud-Angeboten in größerem Umfang zu verkaufen und zu betreuen.
Filings Reviewed: 10-Q 2026-05-07 · 10-Q 2025-10-30 · 10-Q 2025-07-31 · 10-Q 2025-05-01 · 10-K 2026-02-11 · 10-K 2025-02-11
Rated on July 7, 2026 · How the Rating Is Built
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Analysts & Price Target
The price target sits 2.5% above the current price.
- Consensus
- Hold
- Analyst Ratings
- 6
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 19.98 | 19.28 – 20.52 | 38,768 | 81.3% | 4 |
| 12/31/2027 | 21.44 | 20.09 – 22.35 | 40,438 | 7.3% | 4 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Next Reporting Date
- Expected Earnings per Share
- 4.45 $
Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
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· Total · per year
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The figures could not be loaded right now.
Source: fundamental data
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 1.84 | -47.80 | 7,283 | -7.20 | 1.40 | 327 | 304 |
| 2025: Q1 | 1.51 | -0.80 | 6,814 | -1.60 | 1.20 | 352 | 327 |
| 2025: Q2 | 3.56 | 77.70 | 7,580 | 10.00 | 2.50 | -206 | -225 |
| 2025: Q3 | 2.09 | 11.40 | 7,713 | 13.00 | 1.40 | -282 | -238 |
| 2025: Q4 | 3.75 | 103.30 | 8,746 | 20.10 | 2.20 | 200 | 173 |
| 2026: Q1 | 4.55 | 200.40 | 9,474 | 39.00 | 2.50 | 700 | 668 |
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Annual Figures
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 23,825 | 859 | 523 | 5.68 | 360 | 4,413 | 14,206 |
| 2017 | 26,813 | 928 | 402 | 4.48 | 125 | 4,952 | 16,463 |
| 2018 | 29,677 | 1,148 | 716 | 8.10 | 273 | 5,325 | 17,784 |
| 2019 | 28,917 | 108 | -204 | -2.44 | 858 | 4,812 | 16,401 |
| 2020 | 28,673 | 895 | 584 | 7.43 | 1,360 | 5,089 | 17,054 |
| 2021 | 34,477 | 1,557 | 1,108 | 15.10 | 419 | 5,282 | 19,536 |
| 2022 | 37,124 | 2,068 | 1,427 | 21.80 | -33 | 5,546 | 21,763 |
| 2023 | 33,107 | 1,471 | 904 | 15.84 | 705 | 5,805 | 21,726 |
| 2024 | 27,923 | 769 | 392 | 7.29 | 1,130 | 5,761 | 21,758 |
| 2025 | 30,853 | 938 | 571 | 10.93 | 64 | 6,585 | 29,078 |
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Assessment: Opportunities & Risks
27 hits in the momentum run of July 17, 2026 — Stan Weinstein stage-2 uptrend, relative strength 91, Minervini trend template, about 4 percent below the all-time high, plus 91 percent in six months — alongside fundamental grade B, Piotroski 7 of 9 and Altman-Z around 5.5: trend and balance-sheet direction point the same way.
The AI demand is SEC-documented and carries both segments ("widespread rapid expansion of AI infrastructure," 10-Q as of April 4, 2026); as one of the world's largest technology distributors with over 140 facilities, Arrow is a real beneficiary of the infrastructure build-out — "sells AI" in our AI rating.
A 1.9 percent net margin in 2025, gross margin declining to 11.2 percent (Asia mix), no pricing power of its own between chip makers and large customers; the 39-percent quarter contained 65 instead of 61 shipping days, 33.7 percent in constant currency, against a comparison base at the cycle trough (10-Q as of April 4, 2026).
Interim CEO since September 16, 2025 (predecessor separated same-day, 8-K of 09/17/2025), the CEO search carried as a risk factor in the 10-K, no successor announced as of July 17, 2026; in parallel, the ECS business binds itself to non-cancellable purchases through 2032 — first loss booked, more possible per the filing.
P/E around 15 trailing, around 11 to 12 on 2026 estimates, P/S 0.36 — moderate, but system-appropriate at penny margins; against that, $3.1 billion of debt versus $306 million of cash, $215 million of interest expense and just $64 million of operating cash flow in 2025 (inventory and receivables build; 10-K 2025).
Arrow delivers the rare combination of textbook momentum and a moderate valuation: a stage-2 trend near the all-time high, SEC-documented AI demand in both segments, a P/E around 15. But what you buy is a pass-through business keeping 1.9 cents of net income per revenue dollar, whose showcase quarter contained four extra shipping days and a base effect, whose IT business binds itself to non-cancellable purchases through 2032 — and whose chief executive seat has been filled on an interim basis since September 2025. The rally has substance, but it also has fine print. Not investment advice.
- ARW reached the research list through the momentum/stage-2 run of our in-house stock scanner on July 17, 2026 (27 hits) — no Reddit hook: this stock is a momentum case, not a meme.
- Scanner metrics (P/E, P/S, Piotroski, Altman-Z, fundamental grade, relative strength) are computed on trailing twelve-month figures; the shipping-day effect of the first quarter of 2026 is baked in, its normalization from the second quarter on naturally is not. Next quarterly report: end of July 2026.
- Price and valuation figures dated July 17, 2026 (about $229, about $12.2 billion market value); analyses are evergreen, daily prices are not a buy argument. A company-specific AI dossier for ARW ("sells AI", as of 07/07/2026) lives on the stock page.
About the Company
Arrow Electronics, Inc. beschafft und entwickelt Technologie für Hersteller, Dienstanbieter und Nutzer von Enterprise-Computing-Lösungen in Nord- und Südamerika, Europa, dem Nahen Osten, Afrika und dem asiatisch-pazifischen Raum.
| CEO Insider Trades (12 Mo.) | buying own stock |
|---|---|
| Employees | 22,230 |
| Headquarters | Centennial, CO |
| Address | 9151 East Panorama Circle, 80112 Centennial, United States |
| Phone | (303) 824-4000 |
| Website | arrow.com |
| IPO Date | 19. Jul 1984 |
| ISIN | US0427351004 |
| Stock Split | 2:1 on 10/16/1997 |
Management
| Name | Title | Birth Year |
|---|---|---|
| William F. Austen | Interim President, CEO & Director | 1959 |
| Rajesh K. Agrawal | Senior VP & CFO | 1965 |
| Gretchen K. Zech | Senior VP and Chief Governance, Sustainability & Human Resources Officer | 1970 |
| Richard J. Marano | President of Global Components | 1965 |
| Eric C. Nowak | President of Global Enterprise Computing Solutions | 1965 |
| Brandon M. Brewbaker | VP, Chief Accounting Officer and Corporate Financial Planning & Analysis | 1985 |
| Michael Nelson | Head of Investor Relations | – |
| Carine Lamercie Jean-Claude J.D. | Senior VP, Chief Legal & Compliance Officer and Secretary | 1968 |
| John Hourigan | Vice President of Global Communications | – |
| Greg Hanson | CFO of Emerging Businesses & VP of Corporate Development | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Chart
Interactive price chart (TradingView).
Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.