Amphenol (NYSE:APH) Releases FY 2026 Earnings Guidance

Key Points

• Amphenol raised its FY 2026 outlook above analyst expectations: EPS is projected at $2.82–$2.84 versus a $2.69 consensus, while revenue is expected at $36.9–$37.1 billion versus $35.7 billion.
• The company’s latest quarter also beat estimates, with EPS of $0.80 versus $0.73 expected and revenue up 65.1% year over year to $10.23 billion, supported by strong AI-related and data communications demand.
• Amphenol authorized a $4 billion share buyback, but reduced its quarterly dividend 40% to $0.15 per share. Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $111.79.

Amphenol (NYSE:APH - Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.820-2.840 for the period, compared to the consensus estimate of 2.690. The company issued revenue guidance of $36.9 billion-$37.1 billion, compared to the consensus revenue estimate of $35.7 billion. Amphenol also updated its Q4 2026 guidance to 0.810-0.830 EPS.

Wall Street Analyst Weigh In

APH has been the subject of a number of recent analyst reports. Rothschild & Co Redburn cut their price objective on Amphenol from $197.00 to $107.00 in a research report on Friday. Robert W. Baird dropped their price target on Amphenol from $190.00 to $105.00 and set an "outperform" rating on the stock in a research note on Tuesday, October 6th. BNP Paribas Exane increased their price target on Amphenol from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Thursday. Bank of America raised their price target on Amphenol from $99.00 to $104.00 and gave the company a "buy" rating in a report on Tuesday, October 13th. Finally, Erste Group Bank assumed coverage on shares of Amphenol in a research report on Wednesday, October 21st. They set a "buy" rating for the company. Sixteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and an average target price of $111.79.

Amphenol Stock Performance

Shares of Amphenol stock traded down $3.90 during trading on Friday, reaching $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 business's 50-day moving average price is $81.40 and its 200-day moving average price is $75.44. The firm has a market cap of $192.78 billion, a PE ratio of 34.06, a P/E/G ratio of 1.03 and a beta of 1.23. Amphenol has a 52 week low of $59.01 and a 52 week high of $89.93. The company has a quick ratio of 1.41, a current ratio of 1.94 and a debt-to-equity ratio of 0.99.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The electronics maker reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.07. Amphenol had a net margin of 17.95% and a return on equity of 42.53%. The business had revenue of $10.23 billion for the quarter, compared to analyst estimates of $9.49 billion. During the same period last year, the firm earned $0.93 earnings per share. Amphenol's revenue for the quarter was up 65.1% compared to the same quarter last year. Equities analysts forecast that Amphenol will post 2.83 earnings per share for the current 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 given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, December 22nd. This is a drop from Amphenol's previous quarterly dividend of $0.25. Amphenol's dividend payout ratio (DPR) is currently 21.74%.

Amphenol declared that its Board of Directors has approved a stock buyback program on Wednesday, October 28th that allows the company to buy back $4 billion in shares. This buyback authorization allows the electronics maker to repurchase up to 2% of its shares through open market purchases. Share buyback programs are often a sign that the company's board believes its shares are undervalued.

Insider Activity

In related news, EVP David M. Silverman sold 240,000 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total value of $20,908,800.00. Following the completion of the sale, the executive vice president directly owned 31,344 shares in the company, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Craig A. Lampo sold 386,400 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the sale, the chief financial officer directly owned 181,330 shares in the company, valued at $15,169,161.15. This represents a 68.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 726,400 shares of company stock worth $61,332,592. Corporate insiders own 1.42% of the company's stock.

Trending Headlines about Amphenol

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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