10 Most Undervalued Tech Stocks to Buy in 2026

​3. Arrow Electronics, Inc. (NYSE:ARW)

FWD P/E Ratio: 11.36

Number of Hedge Funds: 34

​Arrow Electronics, Inc. (NYSE:ARW) is one of the Most Undervalued Tech Stocks to Buy in 2026. On January 13, Arrow Electronics, Inc. (NYSE:ARW) announced its partnership with .lumen, a Romanian startup, to scale the production of glasses for the blind.

​Management noted that these glasses act like a guide dog and incorporate AI, cameras, and haptic feedback. This allows visually impaired users navigate independently by detecting obstacles and providing vibration-based directions. Management further highlighted that the six-camera setup scans environments in real-time, identifying safe paths without cloud reliance. Moreover, the edge computing approach ensures ultra-low latency, critical for dynamic settings including busy streets.

​These glasses were showcased at CES 2026. As part of the partnership, Arrow Electronics, Inc. (NYSE:ARW) will provide support for sourcing components and provide engineering optimization, inventory management, cost control, and performance enhancements.

​In other news, on December 19, William Stein from Truist Financial reiterated a Hold rating on the stock with a $120 price target.

Arrow Electronics, Inc. (NYSE:ARW) sources and engineers technology for manufacturers, service providers, and enterprise computing users worldwide.