AVT Avnet Inc

Navitas Semiconductor expanded its global distribution agreement with Avnet, deepening their collaboration on GaN and SiC high-power semiconductor devices. This move aims to strengthen Avnet's position in high-growth power and computing markets and provide Navitas with a unified route to customers, potentially reshaping Avnet's investment narrative by balancing capital returns with investments in higher complexity segments. Avnet's narrative projects $25.5 billion revenue and $680.5 million earnings by 2028, leading to a fair value of $53.00, a 7% upside from its current price, though individual fair value estimates for Avnet vary significantly.

A Form 4 SEC filing by AVNET INC (AVT) shows that director Rodney C. Adkins acquired 39 additional Phantom Stock Units (PSUs) on December 17, 2025, as a result of a quarterly dividend. Each PSU is equivalent to one share of common stock, to be settled upon the director's departure from the Board or a change of control. Adkins now directly owns 36,486 shares and beneficially owns 5,362 PSUs.

An Avnet Inc. director, Virginia Henkels, reported the acquisition of 25 Phantom Stock Units (PSUs) on December 17, 2025, as part of the company's quarterly dividend. These PSUs, valued at $48.62 each, will convert to Avnet common stock when the director leaves the board or upon a change of control. Following this transaction, the director beneficially owns 3,536 PSUs and directly holds 1,265 shares of common stock.

Avnet (AVT) has expanded its distribution deal with Navitas Semiconductor, focusing on GaN and SiC power devices for AI and clean energy sectors. Despite mixed recent stock performance, Avnet is considered undervalued with a narrative fair value of $53, driven by anticipated growth in earnings and cash flow, improved book-to-bill ratios, and operational efficiency. The company also appears attractively priced compared to the U.S. Electronic industry on earnings-based metrics, suggesting potential upside.

Early results from the 2026 Avnet Insights survey indicate a significant increase in AI adoption within product design among engineers, with 56% now shipping AI-integrated products. While this marks an rise from 42% last year, challenges persist, particularly with data quality and continuous learning. Engineers are also leveraging LLM tools like ChatGPT and Google Gemini for technical questions.

Avnet (AVT) has expanded its distribution agreement with Navitas Semiconductor, becoming a global partner for GaN and SiC power devices. While this reinforces Avnet's role in electronics-rich markets, the article notes that it might not quickly offset existing margin pressures from mix shifts and pricing headwinds. Although Avnet prognosticates significant revenue and earnings growth by 2028, investor opinions on its fair value widely differ, accentuating the importance of diverse analyses.