ARW

Dell Technologies Inc. (NYSE:DELL) is among the Best Stocks To Buy. On June 2, Raymond James said the market may be overstating the financial impact of Dell Technologies Inc. (NYSE:DELL)’s decision to end its Enterprise Computing Distribution agreement with Arrow Electronics. The firm maintained an Outperform rating on Arrow. Analyst Melissa Fairbanks said the contract’s reported $1.4 billion value reflects gross billings, not revenue. The analyst said that the earnings impact is “likely immaterial” and should be offset by Arrow’s current business momentum. Photo by Pok Rie on Pexels Earlier, on June 25, CRN reported that Dell Technologies Inc. (NYSE:DELL) ended its decade-long distribution relationship with Arrow’s ECS unit after a formal review and request-for-proposal process covering its North American distribution business. According to the report, the move creates a potential $1.4 billion-plus opportunity for competing distributors. Sources told CRN that Dell cited Arrow’s limited inventory and warehouse capabilities and the departure of former Arrow ECS CEO Sean Kerins as factors behind the decision. Dell Technologies Inc. (NYSE:DELL) is a technology company. It operates the Infrastructure Solutions Group (ISG) and Client Solutions Group segments. While we acknowledge the potential of DELL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

TD Synnex (SNX) delivered a strong fiscal Q2, driven by accelerating Hyve growth, market share gains

As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the engineered components and systems industry, including Arrow Electronics (NYSE:ARW) and its peers. Engineered components and systems companies possess technical know-how in sometimes narrow areas such as metal forming or intelligent robotics. Lately, automation and connected equipment collecting analyzable data have been trending, creating new demand. On the other hand, like the broader industrials sector, engineered components and systems companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings. The 12 engineered components and systems stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.8% while next quarter’s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 8.4% on average since the latest earnings results. Founded as a single retail store, Arrow Electronics (NYSE:ARW) provides electronic components and enterprise computing solutions to businesses globally. Arrow Electronics reported revenues of $9.47 billion, up 39% year on year. This print exceeded analysts’ expectations by 12.9%. Overall, it was an incredible quarter for the company with EPS guidance for next quarter exceeding analysts’ expectations and a beat of analysts’ EPS estimates. Arrow Electronics scored the biggest analyst estimate beat and fastest revenue growth of the whole group. Unsurprisingly, the stock is up 18.1% since reporting and currently trades at $226.62. Is now the time to buy Arrow Electronics? Access our full analysis of the earnings results here, it’s free. Originally founded solely on tool and die manufacturing, Mayville Engineering Company (NYSE:MEC) specializes in metal fabrication, tube bending, and welding to be used in various industries. Mayville Engineering reported revenues of $144.8 million, up 6.8% year on year, outperforming analysts’ expectations by 3.7%. The business had an exceptional quarter with a beat of analysts’ EPS and EBITDA estimates. Mayville Engineering pulled off the highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 43.2% since reporting. It currently trades at $32....

Arrow Electronics delivered Q1 results that outpaced analysts’ expectations, though the market’s response was negative following the report. Management attributed the strong quarter to broad-based recovery across geographies and customer segments, with unit volume growth and operational efficiency as key contributors. CEO William Austen highlighted the importance of value-added supply chain services and disciplined cost management, noting, “Our strong results were attributable to unit volume growth, good execution, and leverage in the P&L.” Is now the time to buy ARW? Find out in our full research report (it’s free). Revenue: $9.47 billion vs analyst estimates of $8.39 billion (39% year-on-year growth, 12.9% beat) Adjusted EPS: $5.22 vs analyst estimates of $2.85 (83% beat) Adjusted EBITDA: $436.8 million vs analyst estimates of $286.7 million (4.6% margin, 52.4% beat) Revenue Guidance for Q2 CY2026 is $9.45 billion at the midpoint, above analyst estimates of $8.76 billion Adjusted EPS guidance for Q2 CY2026 is $4.42 at the midpoint, above analyst estimates of $3.28 Operating Margin: 3.8%, up from 2.3% in the same quarter last year Market Capitalization: $10.83 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Aidan Wilson (Truist Securities) asked about the one-time nature of ECS strength in Q1 and drivers for Q2. President Eric Nowak explained that extra shipping days and customers securing inventory ahead of price increases contributed to Q1, while ongoing demand for AI and cloud workloads should sustain growth in coming quarters. Aidan Wilson (Truist Securities) inquired about value-added services’ contribution to hyperscalers. CFO Rajesh Agrawal responded that value-added offerings remain a strong profit driver, but their percentage contribution slightly declined as total profits rose, and supply chain services are central to hyperscaler engagement. Ruplu Bhattacharya (Bank of America) pressed for details on margin expansion and whether demand was pulled forward. CEO William Austen and CFO Agrawal stressed that Q1 growth was unit volume-driven, not price-driven or the result of early orders, and that cost...

Investors might want to bet on Arrow Electronics (ARW), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this electronics maker, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Arrow Electronics, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $3.62 per share for the current quarter, which represents a year-over-year change of +49.0%. The Zacks Consensus Estimate for Arrow Electronics has increased 56.18% over the last 30 days, as one estimate has gone higher compared to no negative revisions. For the full year, the company is expected to earn $15.11 per share, representing a year-over-year change of +37.1%. The revisions trend for the current year also appears quite promising for Arrow Electronics, with two estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 14.12%. Thanks to promising estimate revisions, Arrow Electronics currently carries a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Arrow Electronics shar...

Arrow Electronics ARW reported first-quarter 2026 non-GAAP earnings of $5.22 per share, above the company's previously issued guidance of $2.70-$2.90. The bottom line increased 190% year over year and beat the Zacks Consensus Estimate by 85.77%. In the first quarter, ARW reported revenues of $9.47 billion, which rose 39% year over year and beat the consensus mark by 14.7%. The figure also exceeded the company's earlier guided range of $7.95-$8.55 billion. At constant currency, revenues increased 34% year over year. Changes in foreign currencies had a positive impact of $274 million on sales and 7 cents on earnings per share compared with the first quarter of 2025. On a GAAP basis, ARW reported earnings of $4.55 per share, up 201% year over year, while net income attributable to shareholders rose 195% year over year to $235 million. Arrow Electronics, Inc. price-consensus-eps-surprise-chart | Arrow Electronics, Inc. Quote In the first quarter of 2026, Global Components sales increased 39% year over year on a reported basis and 35% on a constant currency basis to $6.64 billion. Region-wise, revenues from the Americas increased 47%, and the same from the Asia-Pacific region rose 37% (36% at constant currency) year over year on a reported basis. EMEA revenues increased 32% year over year on a reported basis and 19% at constant currency. Global Enterprise Computing Solutions (ECS) revenues were $2.83 billion, which increased 39% year over year on a reported basis and 32% at constant currency. Global ECS gross billings rose 39% year over year to $6.43 billion. Region-wise, the segment's revenues from the Americas and EMEA grew 30% and 46%, respectively, year over year, on a reported basis. At constant currency, Americas ECS increased 30%, and EMEA ECS rose 33%. Consolidated non-GAAP gross margin was 11.5%, up approximately 20 basis points on a year-over-year basis. The Global Components segment reported a non-GAAP gross margin of 12.1%, up 50 basis points year over year, whereas the Global ECS segment saw its margin contract 80 basis points to 10% year over year. The ECS gross margin contraction was primarily due to a $21.7 million loss related to the underperformance of a certain non-cancellable multi-year purchase obligation. The non-GAAP operating income from Global Components and Global ECS was $365 million and $105 million, respectively. Global Components' op...

Performance in Q1 was characterized by a broad-based cyclical recovery across all geographies and industry verticals, particularly within the mass market customer segment. Revenue growth was fundamentally driven by unit volume increases rather than pricing adjustments, indicating a rational market environment where customers are building to order rather than for inventory. Operating margin expansion of 160 basis points was attributed to positive operating leverage, as the company maintained a disciplined cost structure while revenue accelerated. The strategic shift toward higher-margin value-added services, including supply chain and engineering services, contributed significantly to the overall operating income growth. Global Components saw a meaningful recovery in the Americas and EMEA, specifically within the industrial, transportation, and aerospace and defense sectors. Management noted that lead times are gradually extending but remain well below the levels seen during previous pervasive shortage environments. Q2 guidance assumes continued operational momentum with Global Components expected to perform at or above seasonal trends in all regions. Backlog visibility is extending into the third and fourth quarters, providing management with confidence in the sustainability of the current market recovery. The company expects a seasonal margin headwind in Q2 due to a higher mix of business in Asia, which typically operates at lower margins than Western regions. Supply Chain Services profit levels are expected to normalize in Q2 following an accelerated data center build-out by a major customer in the first quarter. Management plans to continue expanding high-margin value-added offerings to improve the long-term quality and durability of earnings. Q1 results included four extra shipping days in the ECS segment, which contributed several hundred million dollars in incremental billings. A charge was taken in the ECS segment related to one underperforming multiyear contract, with management currently renegotiating the economics of that partnership. Inventory grew by $640 million sequentially, with approximately half of that build dedicated to supporting AI-driven data center infrastructure projects. The leadership transition remains ongoing as the Board continues its search for a permanent CEO while evaluating a range of candidates. Our analysts just identified...

Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET Interim President and Chief Executive Officer — William Austen Chief Financial Officer — Rajesh Agrawal President, Global Components — Richard Marano President, Global Enterprise Computing Solutions — Eric Nowak Vice President of Investor Relations — Michael Nelson Need a quote from a Motley Fool analyst? Email [email protected] Michael Nelson: Thank you, operator. I'd like to welcome everyone to the Arrow Electronics First Quarter 2026 Earnings Conference Call. Joining me on the call today is our Interim President and Chief Executive Officer, Bill Austen; our Chief Financial Officer, Raj Agrawal; our President of Global Components, Rick Marano; and our President of Global Enterprise Computing Solutions, Eric Nowak. During this call, will make forward-looking statements, including statements about our business outlook, strategies, plans and projections regarding future financial results, which are based on our predictions and expectations as of today. Our actual results could differ materially due to a number of risks and uncertainties, including due to the risk factors and other factors described in this quarter's associated earnings release and our most recent annual report on Form 10-K and other filings with the SEC. We undertake no obligation to update publicly or revise any of the forward-looking statements as a result of new information or future events. As a reminder, some of the figures we will discuss on today's call are non-GAAP measures, which are not intended to for our GAAP results. We reconcile these non-GAAP measures to the most directly comparable GAAP financial measures in this quarter's associated earnings release. You can access our earnings release at investor.arrow.com, along with a replay of this call. We've also posted a slide presentation on this website to accompany our prepared remarks and encourage you to reference these slides during this webcast. Following our prepared remarks today, Bill, Raj, Rick and Eric will be available to take your questions. I'll now hand the call over to our Interim President and CEO, Bill Austen. William Austen: Thank you, Michael, and good morning, everyone. We appreciate you joining us for a discussion of our first quarter 2026 results. Before turning to our results, my sincere thanks to our colleagues around the world whose dedication and...

(Bloomberg) -- CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans. Most Read from Bloomberg Billionaire Duke of Westminster to Sell £700 Million of US Real Estate Assets US Has Opened a Passage Through Hormuz, Central Command Says DOJ Plans Intervention in Trump Supreme Court Carroll Appeal China Asks Banks to Pause New Loans to US-Sanctioned Refiner Sony to Pay Almost $4 Billion for Bieber, Neil Young Catalog The chance arrives when CoreWeave reports earnings after the bell on Thursday. Recent results from the biggest AI spenders like Alphabet Inc. and Meta Platforms Inc. made it clear that the need for computing power is insatiable as capital expenditures continue to rise. Considering the company rents access to AI infrastructure featuring the latest chips from Nvidia Corp., that plays right into its hands. “There is an insane amount of demand for AI compute,” said Tejas Dessai, director of thematic research at Global X ETFs. “The backdrop is extremely positive for CoreWeave.” Investors will be closely monitoring CoreWeave’s revenue acceleration, its outlook for the rest of the year and its backlog heading into 2027, he said. The stock is up 78% this year and a stunning 218% since the Livingston, New Jersey-based company went public in March 2025. The latest rally got going roughly a month ago as investors regained faith in the AI trade and CoreWeave announced deals with Meta, Anthropic PBC and Jane Street Group in quick succession. CoreWeave shares were down as much as 9.1% in intraday trading Thursday after rallying 7.9% on Wednesday. Of the 36 analysts tracked by Bloomberg who follow CoreWeave, 23 have buy ratings on the stock and only two have sells. But their average 12-month price target of $131 is below where the shares closed Wednesday, even though it’s been rising over the past six months. Wall Street expects the company to report revenue of nearly $2 billion in the first quarter, twice what it posted a year ago, and a loss of $1.20 per share, which would be an improvement from a loss of $1.49 a share in the first quarter of 2025. CoreWeave’s revenue backlog was nearly $67 billion as of Dec. 31, and the recent deals should raise its remaining performance obligati...

Arrow Electronics (ARW) came out with quarterly earnings of $5.22 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $1.8 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +85.55%. A quarter ago, it was expected that this electronics maker would post earnings of $3.55 per share when it actually produced earnings of $4.39, delivering a surprise of +23.66%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Arrow Electronics, which belongs to the Zacks Electronics - Parts Distribution industry, posted revenues of $9.47 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 14.70%. This compares to year-ago revenues of $6.81 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Arrow Electronics shares have added about 74.1% since the beginning of the year versus the S&P 500's gain of 7.6%. While Arrow Electronics has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Arrow Electronics was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete li...

Arrow Electronics (ARW) reported Q1 adjusted earnings Thursday of $5.22 per diluted share, up from $

For the quarter ended March 2026, Arrow Electronics (ARW) reported revenue of $9.47 billion, up 39% over the same period last year. EPS came in at $5.22, compared to $1.80 in the year-ago quarter. The reported revenue represents a surprise of +14.7% over the Zacks Consensus Estimate of $8.26 billion. With the consensus EPS estimate being $2.81, the EPS surprise was +85.55%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Arrow Electronics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Geographic Revenue- Americas Components sales, as reported: $2.31 billion compared to the $1.95 billion average estimate based on two analysts. The reported number represents a change of +47.4% year over year. Geographic Revenue- Americas ECS sales as reported: $1.19 billion versus $898.53 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +30.2% change. Geographic Revenue- Asia components sales, as reported: $2.56 billion versus $2.4 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +37.1% change. Geographic Revenue- EMEA ECS sales as reported: $1.65 billion versus the two-analyst average estimate of $1.47 billion. The reported number represents a year-over-year change of +46.3%. Geographic Revenue- EMEA components sales, as reported: $1.77 billion compared to the $1.54 billion average estimate based on two analysts. The reported number represents a change of +31.7% year over year. Net Sales- Global ECS: $2.83 billion compared to the $2.37 billion average estimate based on two analysts. The reported number represents a change of +39.1% year over year. Net Sales- Global components: $6.64 billion compared to the $5.89 billion average estimate based on two analysts. The reported number represents a change of +39% year over year. View all Key Company Metrics for Arrow Electronic...