AMETEK, Inc.

(New York Stock Exchange)
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Slightly Bullish +25

Here's What Analysts Are Forecasting For AMETEK, Inc. (NYSE:AME) After Its First-Quarter Results

AI-generated analysis

📊 AMETEK reported Q1 results with revenue of US$1.9 billion, which remained in line with analyst predictions.

💰 The company delivered a statutory profit of US$1.74 per share, slightly exceeding expectations.

🔮 Analysts now forecast 2026 revenues of US$8.0 billion, representing a modest 5.3% increase from the previous year.

📈 Per-share earnings are expected to rise by 8.2% to reach US$7.22 by 2026.

📉 Prior to the latest report, analysts had anticipated 2026 revenues of US$7.97 billion and EPS of US$7.19.

🎯 The consensus price target remains stable at US$257 per share despite recent earnings.

🌊 Price targets range from a high of US$280 to a low of US$217, indicating a relatively tight valuation range.

📅 Projected annualized revenue growth is expected to be 7.1% through the end of 2026.

🔄 This growth rate is roughly in line with the company's historical 7.9% annual growth over the past five years.

🏭 Industry-wide revenue growth is estimated at 13% annually, suggesting AMETEK may grow slower than peers.

📊 There was no major shift in business prospects as analysts maintained steady earnings forecasts.

🔍 Revenue estimates remain unchanged following the recent quarterly results.

📈 The company faces expected underperformance relative to broader industry growth projections.

📑 Further data is available on Simply Wall St for analysis extending out to 2028.

⚖️ Readers can access balance sheet analysis and debt levels on the Same platform.

Bullish Signals
  • AMETEK surprised analysts by delivering a statutory profit of US$1.74 per share, which is modestly greater than the expected earnings.
  • Analysts have now predicted a 5.3% improvement in revenue and an 8.2% increase in per-share earnings to US$7.22 for 2026.
  • The consensus price target of US$257 remains steady, demonstrating that the business is executing well and meeting expectations.
  • There were no major negative changes to analyst estimates or revenue forecasts following the recent quarterly results.
  • The company's forecasted annualized revenue growth of 7.1% through 2026 aligns with its historical trend of 7.9% growth over the past five years.
Risk Factors
  • AMETEK is expected to grow revenues at an annualized rate of only 7.1% through 2026, which lags significantly behind the broader industry average forecast of 13% annual growth.
  • Analysts' long-term revenue and earnings forecasts have remained stagnant with no upward revision following the latest quarterly results, indicating a lack of positive momentum or upside surprises.
Full Analysis
After reporting its first-quarter results, AMETEK, Inc. (NYSE:AME) surprised analysts by delivering a statutory profit of US$1.74 per share, which was modestly higher than expectations despite revenues of US$1.9 billion aligning with forecasts. Following this earnings report, the 15 analysts covering the company maintained their outlook without making significant changes to their estimates. The consensus now projects revenues of US$8.00 billion for 2026, representing a 5.3% improvement over the trailing 12 months, and expects per-share earnings to rise 8.2% to US$7.22. Prior to the latest results, analysts had anticipated revenues of US$7.97 billion and EPS of US$7.19 for 2026, indicating that the recent performance reinforced their existing views rather than altering them. Analysts have reconfirmed their price target at US$257 per share, suggesting that the company continues to execute in line with expectations. The range of estimates among analysts remains relatively tight, with the most optimistic valuing the stock at US$280 and the most pessimistic at US$217, reflecting a consensus on the company's worth. Long-term projections indicate an annualised revenue growth rate of 7.1% leading into 2026, which is roughly in line with the 7.9% annual growth observed over the past five years. However, this growth trajectory is expected to be slower than the broader industry, where analysts forecast an aggregate annual revenue increase of 13%. Overall, there has been no major shift in the business' prospects recently, as the steady earnings forecasts and unchanged price targets suggest a stable outlook for AMETEK. While the company's projected growth is lower than that of comparable industry peers, the lack of negative surprises reinforces the view that its long-term trajectory remains consistent with historical trends. The article concludes by noting that Simply Wall St provides further analysis on analyst estimates extending to 2028 and offers a separate assessment of AMETEK's balance sheet for investors seeking additional fundamental data without financial advice.