Evercore ISI Group Raises Amphenol (APH) Price Target to $100

Evercore ISI Group has reaffirmed its Outperform rating for Amphenol and increased the price target to $100, a 25.50% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 1:57 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Evercore ISI Group raised its price target on Amphenol Corporation ($APH) to $100 from $90 on October 12, 2026, and rates the stock "Outperform".

Since the rating, $APH is down 7.9% to date (from the $86.19 close on Oct 12, 2026).

APH Amphenol Corporation

$79.35 +14.17% year to date

Daily close · Oct 16, 2026

Key Points

On October 12, 2026, Evercore ISI Group reiterated its Outperform rating on Amphenol Corporation, boosting the price target from $90 to $100.
Evercore ISI Group's $100 price target implies 25.50% upside from Amphenol Corporation's ($APH) current $79.68 share price.
Amphenol's stock recently traded around $79.68, which is about 20.3% below the new analyst target price.
The company has a market cap of approximately $200.9 billion and is set to report its next earnings on October 28, 2026.

Get $APH trade alerts by text

We text you when insiders, Congress or big funds trade $APH. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Amphenol Corporation alert may contain errors. Disclosures

Evercore ISI Group has reiterated its Outperform rating on Amphenol Corporation (NYSE: APH) and raised its price target from $90 to $100 on October 12, 2026.

Amphenol operates in the technology sector, focusing on electronic components. The company is known for designing and manufacturing electrical, electronic, and fiber optic connectors. The increased price target reflects Evercore's positive outlook on Amphenol's performance, especially as it trades at about $79.68 recently, which is 20.3% below the updated target.

Other Institutional Activity in Amphenol Corporation

Several other institutional investors have also been active with Amphenol. Blackrock Inc. trimmed its stake by 1,427,521 shares, leaving it with 202,504,076 shares valued at about $16.1 billion. Vanguard Capital Management LLC added 942,536 shares, increasing its total to 160,694,416 shares worth approximately $12.8 billion. FMR, LLC reduced its holdings by 17,819,091 shares, resulting in 141,138,010 shares valued around $11.2 billion. State Street Corporation grew its position by 4,190,048 shares, bringing its total to 118,985,896 shares worth about $9.4 billion. Capital International Investors increased its stake by 15,405,426 shares, ending with 86,072,516 shares valued at approximately $6.8 billion.

Amphenol Corporation Stock Down 3.6%

Amphenol's stock is currently trading below its 50-day moving average of $82.36, down about 3.3%. However, it remains above its 200-day moving average of $74.99, reflecting a gain of 6.3%. The shares are also about 11.4% below their 52-week high of $89.93 and 35% above their 52-week low of $59.01.

12-month forecast

$APH price target

Amphenol Corporation daily closes and this analyst's $100 target. Not advice.

Recent Earnings

Amphenol reported trailing-twelve-month revenue of approximately $29 billion, with a net margin of 17.7% and a return on equity of 38.1%. The company experienced a revenue growth of 55% year-over-year. Its next earnings report is scheduled for October 28, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

B+ 80/100

Reported Apr 29, 2026

Forward outlook
5 analysts raised price targets.
EPS & revenue
EPS beat estimates by 11.3%. Revenue beat estimates by 6.5%.
Profit surprise
EBITDA beat by 10 percent. Operating income met by 1 percent.
Pre-earnings setup
Expectations were about average.
Analyst signal
5 target raises.
Earnings quality
Gross margin up 2.6 points. Operating margin up 1.8 points. Positive free cash flow.

Earnings Call Summary

Amphenol delivered record $7.6 billion revenue in Q1 2026, up 58 percent year over year with organic growth of 33 percent. IT datacom surged 81 percent organically driven by AI demand and now represents 41 percent of sales. The company booked record $9.4 billion in orders with a 1.24 to 1 book-to-bill ratio. Adjusted operating margins hit 27.3 percent despite CommScope acquisition being margin dilutive. Management is confident in long-term AI data center opportunity with broad product portfolio including copper, power and optical solutions.

Guidance Management guided Q2 revenue of $8.1 to $8.2 billion and adjusted EPS of $1.14 to $1.16, representing 43 to 45 percent sales growth and 41 to 43 percent EPS growth versus last year. They expect IT datacom to grow low teens sequentially as AI data center investments accelerate.

Good report. The company beat and showed some forward improvement, with a few meaningful caveats.

Insider Buying and Selling at Amphenol Corporation

Insider trading activity shows that CEO Richard Adam Norwitt sold 686,104 shares valued at about $111 million on July 31, 2026. General Counsel Lance E D'Amico sold 100,000 shares for approximately $16.2 million on August 3, 2026. CFO Craig A Lampo sold 193,200 shares at an average price of $167.31, totaling around $32.3 million on August 4, 2026. Officer David M Silverman also sold 120,000 shares priced at $174.24, amounting to roughly $20.9 million on August 5, 2026.

Analysts Set New Price Targets

On October 12, 2026, Evercore ISI Group maintained its Outperform rating for Amphenol with a new price target of $100, up from $90. Earlier, Bernstein initiated coverage with an Outperform rating and a price target of $99 on September 23, 2026. Goldman Sachs maintained a Buy rating with a target of $116 on October 6, 2026, while UBS and Citigroup also maintained their Buy ratings with targets of $105 and $112, respectively.

About Amphenol Corporation

Amphenol Corporation is a leading manufacturer of electrical, electronic, and fiber optic connectors. The company serves various sectors, including communications, automotive, and industrial markets. With a focus on innovation and quality, Amphenol continues to expand its global presence and enhance its product offerings.

Bottom Line

Investors should watch for Amphenol's upcoming earnings report on October 28, 2026, which could provide further insights into the company's performance. The recent analyst ratings and price target adjustments reflect growing confidence in Amphenol's growth potential in the electronic components industry.