Avnet (AVT) traded higher Wednesday, up roughly 3.5% to about $64.75, as the market continued to price in the company’s most recent “beat-and-raise” results and forward outlook. The setup is increasingly centered on expectations for above-trend seasonal growth and margin improvement, with the next earnings report approaching later in April.

In its fiscal second-quarter report (quarter ended Dec. 27, 2025), Avnet said it exceeded the high end of its sales and adjusted EPS guidance ranges, highlighted by record Asia revenues and improving segment margins. The company also issued third-quarter FY2026 guidance for sales of $6.20 billion to $6.50 billion and adjusted diluted EPS of $1.20 to $1.30, framing the outlook as better-than-typical sequential sales growth at the midpoint and improving margins.

The next key catalyst is Avnet’s upcoming earnings release, estimated for April 29, 2026, which could confirm whether demand and margin momentum described in the prior update is persisting into the March quarter. Investors will also watch for any further progress on inventory optimization and working-capital dynamics, since those factors have been important to recent cash-flow performance and can swing sentiment quickly in electronics distribution cycles.

AVT also has a meaningful short base heading into the next catalyst window, with recent data showing short interest near the high single digits as a percentage of shares outstanding. That positioning can amplify day-to-day moves when incremental buyers step in ahead of an earnings date or when investors rotate into cyclical names on improving demand expectations.