Avnet Stock: The Cycle Is Turning, But Margins Still Hold The Stock Back (NASDAQ:AVT)

Avnet Inc. ( AVT ) has been unspectacular over the last few quarters, but Q1 FY26 has given me a revenue turn I’ve been looking for. The numbers are up, as is its book-to-bill ratio. Conversely, it doesn’t lookI’m Emmanuel Onwusah—a financial analyst, writer, and recovering engineer. I hold FMVA® and BIDA® certifications from the Corporate Finance Institute, and I spend most of my time creating pitch decks, building models, analyzing companies, and trying to make sense of where value meets narrative. My bac ...