AVT
Avnet Inc
Electrical Equipment
Avnet Inc (AVT) Stock News
The latest AVT headlines and market coverage — 1 recent story, updated throughout the day.
- Zacks Investment Research·
AVT Jumps 37.8% in 6 Months: Should You Buy, Sell or Hold the Stock?
Avnet reported record fourth-quarter sales of $8.3 billion, up 48% year-over-year, driven by strong AI infrastructure demand across data centers, networking, and industrial markets. The company's adjusted operating margin expanded to 3.8%, with healthy backlog and book-to-bill ratios. Despite a 37.8% six-month stock rally, AVT trades below industry valuation multiples, earning a Zacks Rank #1 (Strong Buy) rating.