Today: 28 March 2026
Subscribe
Browse Category

NASDAQ:AVT 28 January 2026

Avnet stock jumps 11% after Q2 earnings beat and upbeat outlook lifts AVT price

Avnet stock jumps 11% after Q2 earnings beat and upbeat outlook lifts AVT price

Avnet shares jumped 11% to $58.65 by early afternoon Wednesday after quarterly earnings and a third-quarter forecast topped Wall Street estimates. The company reported fiscal Q2 sales of $6.319 billion and adjusted EPS of $1.05, beating analyst expectations. Arrow Electronics and TD SYNNEX also rose. Avnet projected Q3 sales of $6.20–$6.50 billion and adjusted EPS of $1.20–$1.30.
28 January 2026
··

Stock Market Today

  • eToro Group (ETOR) Share Price Drop Sparks Reassessment Debate
    March 28, 2026, 2:58 PM EDT. eToro Group's shares closed at $29.05, down 18.6% year to date amid shifting investor sentiment. The trading platform, offering broad asset access, faces scrutiny as market conditions evolve. Analysis using the Excess Returns model suggests the stock is undervalued by 36.2%, with an estimated intrinsic value of $45.53 versus the market price. eToro's stable Return on Equity of 21.04% outpaces its cost of equity, supporting this valuation. The firm has delivered flat returns over the past year, highlighting divergent views on its growth prospects. Investors are weighing whether the recent price drop presents a bargain or signals deeper risks in the business model amid changing market dynamics.
Go toTop