Arrow Electronics Selected By Broadcom As Sole Provider For Its CloudHealth Offering
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Electronic Components
Technology
Arrow Electronics Selected By Broadcom As Sole Provider For Its CloudHealth Offering
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/16/2022 | $125.00 → $87.00 | Equal Weight → Underweight | Wells Fargo |
| 2/4/2022 | $132.00 → $143.00 | Hold | Truist Securities |
| 2/2/2022 | $150.00 | Market Perform → Outperform | Raymond James |
Channel partners can now use customized AI assistants, powered by ArrowSphere AI, to reinvent the way they manage business operations and engage with their customers. Global technology solutions provider Arrow Electronics, Inc. (NYSE:ARW) has enhanced its AI-infused ArrowSphere Cloud platform, allowing channel partners to create custom AI assistants that tap their own data, workflows, content, and vendor-specific data to deliver efficiency, cost reductions, and faster market entry. "ArrowSphere's augmented generative AI tools will mark a shift in how our channel partners are able interact with their customers," said Eric Gourmelen, vice president and chief technology officer, global Arr
-- Sales of $6.8 billion, at high-end of guidance range -- -- Third-Quarter Earnings Per Diluted Share of $1.88; Non-GAAP Earnings Per Diluted Share of $2.38 -- Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its third quarter of 2024. "In the third quarter, the company continued to execute well in a challenging environment. While the cyclical correction continues in our global components business, we saw enterprise IT spending gain momentum," said Sean Kerins, Arrow's president and chief executive officer. "I am pleased that we delivered revenue above the midpoint of our guidance range and non-GAAP earnings per diluted share ahead of our expectations," said Mr.
Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the expansion of its Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul to better assist customers in the development of next-gen automotive products. Innovators face hurdles in adopting connected, autonomous and hybrid software technologies, as some lack in-house engineering talent with the relevant skills. Arrow's Automotive CoE addresses the opportunities and helps resolve the challenges associated with these technologies in the automotive industry. Arrow's recent acquisition of iQmine, a leading engineeri
8-K - ARROW ELECTRONICS, INC. (0000007536) (Filer)
10-Q - ARROW ELECTRONICS, INC. (0000007536) (Filer)
8-K - ARROW ELECTRONICS, INC. (0000007536) (Filer)
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Goldman Sachs analyst Toshiya Hari maintains Arrow Electronics (NYSE:ARW) with a Neutral and raises the price target from $116 to $132.
Goldman Sachs analyst Toshiya Hari maintains Arrow Electronics (NYSE:ARW) with a Neutral and raises the price target from $116 to $132.
-- Sales of $6.8 billion, at high-end of guidance range -- -- Third-Quarter Earnings Per Diluted Share of $1.88; Non-GAAP Earnings Per Diluted Share of $2.38 -- Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its third quarter of 2024. "In the third quarter, the company continued to execute well in a challenging environment. While the cyclical correction continues in our global components business, we saw enterprise IT spending gain momentum," said Sean Kerins, Arrow's president and chief executive officer. "I am pleased that we delivered revenue above the midpoint of our guidance range and non-GAAP earnings per diluted share ahead of our expectations," said Mr.
Arrow Electronics, Inc. (NYSE:ARW) announced it will host a conference call to discuss third-quarter 2024 financial results on Oct. 31, 2024, at 1:00 p.m. ET. Webcast: A live webcast of the conference call will be available via the events section of investor.arrow.com or by accessing the webcast link directly at https://events.q4inc.com/attendee/487434328. Shortly after the conclusion of the conference call, a webcast replay will be available on the Arrow website for one year. About Arrow Electronics Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow's portfoli
-- Sales of $6.9 billion, exceeding guidance -- -- Second-Quarter Earnings Per Diluted Share of $2.01; Non-GAAP Earnings Per Diluted Share of $2.78 -- Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its second quarter of 2024. "We continued to execute well in an evolving market environment, delivering second-quarter sales and non-GAAP earnings per diluted share comfortably ahead of our guided ranges," said Sean Kerins, Arrow's president and chief executive officer. "In addition, our value-added offerings in global components as well as better momentum in enterprise computing solutions contributed to our overall operating margin stability in the quarter," sai
Wells Fargo downgraded Arrow Electronics from Equal Weight to Underweight and set a new price target of $87.00 from $125.00 previously
Truist Securities reiterated coverage of Arrow Electronics with a rating of Hold and set a new price target of $143.00 from $132.00 previously
Raymond James upgraded Arrow Electronics from Market Perform to Outperform and set a new price target of $150.00
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