JPMorgan Chase & Co. Has Lowered Expectations for Amentum (NYSE:AMTM) Stock Price

Key Points

• JPMorgan cut Amentum’s price target from $31 to $26 while maintaining a neutral rating, implying roughly 25.6% upside from the stock’s reported $20.70 price.
• Amentum shares fell 3.6% in Monday trading and remain near their 12-month low. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $29.73.
• The company beat quarterly EPS expectations ($0.67 versus $0.61), but revenue of $3.49 billion missed estimates and declined 2% year over year; full-year 2026 EPS guidance is $2.40–$2.50.

Amentum (NYSE:AMTM - Get Free Report) had its target price decreased by equities research analysts at JPMorgan Chase & Co. from $31.00 to $26.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 25.59% from the company's current price.

Other equities research analysts also recently issued research reports about the company. Bank of America reduced their target price on Amentum from $35.00 to $30.00 and set a "neutral" rating on the stock in a research report on Monday, July 20th. BNP Paribas Exane initiated coverage on Amentum in a report on Tuesday, May 26th. They set an "underperform" rating and a $22.00 price target for the company. Weiss Ratings downgraded Amentum from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, June 23rd. UBS Group raised their price objective on Amentum from $23.00 to $24.00 and gave the stock a "neutral" rating in a research report on Wednesday. Finally, Zacks Research upgraded shares of Amentum from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $29.73.

Amentum Trading Down 3.6%

Shares of Amentum stock traded down $0.77 during mid-day trading on Monday, hitting $20.70. The stock had a trading volume of 390,206 shares, compared to its average volume of 2,049,087. The firm has a 50-day moving average of $21.79 and a two-hundred day moving average of $25.71. The firm has a market cap of $5.06 billion, a P/E ratio of 25.00, a price-to-earnings-growth ratio of 0.63 and a beta of 0.30. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79. Amentum has a 12-month low of $19.80 and a 12-month high of $38.11.

Amentum (NYSE:AMTM - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The firm had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.57 billion. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.56 EPS. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Sell-side analysts forecast that Amentum will post 2.36 earnings per share for the current year.

Institutional Trading of Amentum

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMTM. Bank of America Corp DE acquired a new position in Amentum during the second quarter worth $42,227,000. Strategic Global Advisors LLC acquired a new stake in shares of Amentum in the second quarter valued at $2,048,000. Jupiter Topco LLC purchased a new stake in shares of Amentum in the 2nd quarter valued at $1,433,000. Hsbc Holdings PLC purchased a new stake in shares of Amentum in the 2nd quarter valued at $460,000. Finally, Ancora Advisors LLC purchased a new stake in shares of Amentum in the 2nd quarter valued at $14,793,000. Hedge funds and other institutional investors own 39.93% of the company's stock.

Amentum Company Profile

Amentum is a government services provider specializing in mission-critical solutions for defense, federal civilian and commercial customers around the globe. The company delivers integrated services that span the full lifecycle of complex programs and facilities, including engineering, program and project management, logistics, operations, maintenance and environmental remediation.

Core offerings include infrastructure support, energy and facilities management, environmental solutions and nuclear services.

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