Arrow Electronics Stock Jumps as HPE, IBM Deals Expand Reach

Arrow Electronics (ARW) shares rose 6.9% on improving fundamentals and expanded financing. The company extended its asset securitization facility to 2029, increasing the limit to $1.75B. Q2 2026 revenue grew 32% YoY to $10B, with EPS exceeding guidance. Analysts raised earnings estimates for 2026.

Arrow Electronics (ARW) stock rose 6.92% after winning a major HPE deal and reporting strong earnings. The company has $30.9B in revenue, with a target price of $250 and support at $215. Analysts cite its strong position in IT and electronic components distribution, with solid financials and positive near-term catalysts.

Arrow Electronics Inc. (ARW) stock rose 6.92% on September 11, 2026, driven by strong demand and a positive growth outlook. The company secured a full HPE networking deal, expanding its AI-ready infrastructure and hybrid cloud offerings. Analysts highlight solid financials, including $30.9B revenue, 11.3% gross margin, and a P/E ratio of 13.7x, with a target price range of $245–255.

Arrow Electronics (ARW) was upgraded to a Zacks Rank #1 (Strong Buy) due to upward earnings estimate revisions. The company's consensus EPS estimate for 2026 is $21.24, unchanged year-over-year, but has increased 10.9% over the past three months. This upgrade reflects a positive earnings outlook and potential stock price increase.

Harbor Funds' Q2 2026 investor letter noted Arrow Electronics (ARW) as a performance contributor, benefiting from AI infrastructure growth. ARW's stock rose 6.30% in the past month and 70.76% over the year, closing at $215.97 on September 4, 2026. The company reported strong earnings and a new share repurchase program.

Arrow Electronics extended and upsized its receivables securitization facility to $1.75 billion, maturing in 2029. The amendment, involving multiple banks, aims to enhance liquidity and support growth. According to the company, it adds a step-up feature for leverage ratios tied to material acquisitions.