Amphenol Corporation

(New York Stock Exchange)
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Bullish +75

Amphenol stock: Evercore raises target to USD 100.00

Analyst upgrade AI-generated analysis

πŸ“ˆ Evercore ISI raised its Amphenol Corp. (APH) price target from USD 90.00 to USD 100.00 on October 12, 2026.

πŸš€ The company reported a massive 55% year-over-year revenue increase in the second quarter of fiscal 2026, totaling USD 8.76 billion.

πŸ’° Amphenol provided adjusted Q3 earnings guidance of USD 1.40-1.42 per share and revenue guidance of USD 9.30-9.40 billion.

πŸ“Š Analysts noted that the company's recent financial performance significantly exceeded market consensus estimates.

πŸ“… Amphenol is scheduled to release its fiscal third-quarter 2026 results before the U.S. market opens on October 28, 2026.

πŸ’΅ The stock was trading at USD 78.60 on the NYSE as of October 20, 2026, with a market cap of USD 193.8 billion.

πŸ“‰ The current P/E ratio stands at 39.30, while the 52-week trading range spans from USD 59.01 to USD 89.93.

Bullish Signals
  • Evercore raised its price target for Amphenol Corp. from USD 90.00 to USD 100.00, signaling strong analyst confidence in the company's near-term prospects.
  • The connector manufacturer achieved a remarkable 55% year-over-year revenue growth in the second quarter of fiscal 2026, reaching USD 8.76 billion.
  • Amphenol's Q3 adjusted earnings guidance of USD 1.40-1.42 per share and revenue guidance of USD 9.30-9.40 billion both surpassed consensus estimates.
  • The company is delivering robust top-line growth that has prompted major investment banks to increase their valuation targets ahead of the next earnings release.
Full Analysis
Amphenol Corp. has received a significant analyst upgrade from Evercore, which raised its price target on the connector manufacturer to USD 100.00 from USD 90.00 in early October 2026. This bullish adjustment reflects strong recent performance and sets a new valuation benchmark ahead of the company's upcoming fiscal third-quarter earnings report scheduled for release on October 28, 2026. Amphenol reported robust financial results for the second quarter of fiscal 2026, generating USD 8.76 billion in revenue which represented a substantial 55% year-over-year increase. The company has provided adjusted earnings guidance for the third quarter ranging between USD 1.40 and USD 1.42 per share, alongside revenue expectations of USD 9.30 to USD 9.40 billion, both figures noted as exceeding market consensus estimates. As of mid-October 2026, Amphenol's stock was trading at approximately USD 78.60 on the NYSE, with a market capitalization of USD 193.8 billion and a price-to-earnings ratio of 39.30. The company operates within the Technology sector focusing on hardware, equipment, and parts, providing critical connectivity solutions to various industries.