Amphenol (NYSE:APH) Issues Q4 2026 Earnings Guidance

Key Points

• Amphenol raised its outlook: The company expects Q4 2026 EPS of $0.81–$0.83 and revenue of $10.3–$10.5 billion, both above consensus estimates of $0.75 and $9.7 billion, respectively. Full-year EPS guidance was set at $2.82–$2.84.
• Strong operating momentum continues: Amphenol’s latest quarter beat expectations with EPS of $0.80 and revenue of $10.23 billion, up 65.1% year over year. Management cited record orders and robust AI-related demand as key growth drivers.
• Capital allocation was mixed: The board authorized a $4 billion share-repurchase program, but the quarterly dividend was cut from $0.25 to $0.15 per share, reducing the annualized yield to approximately 0.8%.

Amphenol (NYSE:APH - Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.810-0.830 for the period, compared to the consensus EPS estimate of 0.750. The company issued revenue guidance of $10.3 billion-$10.5 billion, compared to the consensus revenue estimate of $9.7 billion. Amphenol also updated its FY 2026 guidance to 2.820-2.840 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on APH shares. Robert W. Baird cut their price target on Amphenol from $190.00 to $105.00 and set an "outperform" rating for the company in a report on Tuesday, October 6th. Zacks Research lowered Amphenol from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Royal Bank Of Canada set a $100.00 target price on Amphenol in a research report on Monday. Sanford C. Bernstein began coverage on shares of Amphenol in a research note on Wednesday, September 23rd. They set an "outperform" rating and a $99.00 price target on the stock. Finally, Weiss Ratings lowered shares of Amphenol from a "buy (a-)" rating to a "buy (b)" rating in a report on Friday, October 23rd. Sixteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $111.79.

Amphenol Price Performance

APH traded down $3.90 during trading on Friday, hitting $78.18. The company's stock had a trading volume of 1,284,588 shares, compared to its average volume of 17,028,799. The company has a quick ratio of 1.41, a current ratio of 1.94 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $192.78 billion, a price-to-earnings ratio of 34.06, a price-to-earnings-growth ratio of 1.03 and a beta of 1.23. The firm's 50 day moving average price is $81.40 and its two-hundred day moving average price is $75.44. Amphenol has a 12 month low of $59.01 and a 12 month high of $89.93.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The electronics maker reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.07. The firm had revenue of $10.23 billion during the quarter, compared to analysts' expectations of $9.49 billion. Amphenol had a net margin of 17.95% and a return on equity of 42.53%. The company's quarterly revenue was up 65.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. Sell-side analysts forecast that Amphenol will post 2.83 earnings per share for the current fiscal year.

Amphenol Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Tuesday, December 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.8%. This is a drop from Amphenol's previous quarterly dividend of $0.25. Amphenol's dividend payout ratio (DPR) is presently 21.74%.

Amphenol announced that its Board of Directors has approved a stock repurchase plan on Wednesday, October 28th that allows the company to repurchase $4 billion in outstanding shares. This buyback authorization allows the electronics maker to purchase up to 2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

Insider Activity

In other Amphenol news, EVP David M. Silverman sold 240,000 shares of the firm's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the transaction, the executive vice president owned 31,344 shares in the company, valued at approximately $2,730,689.28. This trade represents a 88.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lance E. D'amico sold 100,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the completion of the sale, the executive vice president owned 114,130 shares in the company, valued at $9,243,959.35. This represents a 46.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 726,400 shares of company stock valued at $61,332,592 in the last 90 days. 1.42% of the stock is owned by company insiders.

Amphenol News Roundup

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Raised fourth-quarter and full-year guidance: Amphenol expects fourth-quarter EPS of $0.81–$0.83, above the $0.75 consensus, and revenue of $10.3–$10.5 billion versus expectations of $9.7 billion. Full-year EPS guidance of $2.82–$2.84 and revenue guidance of $36.9–$37.1 billion also exceed consensus estimates of $2.69 and $35.7 billion, respectively.
• Positive Sentiment: Q3 earnings beat expectations: Adjusted EPS came in at $0.80 versus the $0.73 consensus, while revenue rose 65.1% year over year to approximately $10.2 billion, helped by strong IT datacom demand, acquisitions and broad organic growth. Amphenol's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI demand and order momentum remain strong: Management highlighted record orders and robust AI-related demand, with orders outpacing sales. These trends support the company’s stronger outlook despite weakness in portions of the communications-network market. Amphenol Q3 Earnings Call Highlights AI Demand and Growth Outlook
• Positive Sentiment: Analyst sentiment improved: JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to $115, $115, $111 and $112, respectively, while maintaining positive ratings.
• Positive Sentiment: Share repurchase authorized: The board approved a $4 billion buyback, allowing repurchases of up to 2% of outstanding shares. The program may support EPS and signal management’s confidence in the company’s valuation. Amphenol Board Approves $4 Billion Stock Repurchase Plan
• Neutral Sentiment: Amphenol agreed to acquire AdvancedPCB Holdings and Humanetics Sensors. The deals could expand its electronics and sensor portfolios, but financial terms and the expected earnings impact were not disclosed. Industrial Growth Partners Announces Sale of AdvancedPCB
• Negative Sentiment: Dividend reduced: The quarterly dividend was set at $0.15 per share, down 40% from $0.25 previously, reducing the annualized dividend to $0.60 and potentially weighing on income-focused investors.

Amphenol Company Profile

Amphenol Corporation NYSE: APH is a global manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems and related products. Its portfolio includes cable assemblies, sensors, antennas, backplane systems, radio-frequency components and other specialized electronic hardware.

The company serves customers across a range of industries, including automotive, aerospace and defense, information technology and data communications, industrial, mobile networks, commercial aerospace, medical and other markets.

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