Amphenol Corp., US0320951017

Bernstein starts coverage of Amphenol stock at USD 99.00

Published on 10/05/2026 at 09:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales reached USD 8.76 billion in the second quarter, up 55.00 percent. Amphenol stock costs EUR 78.13 on October 5, 2026 versus EUR 77.85.

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Amphenol Corporation stock (ISIN US0320951017) was at EUR 78.13 at Lang & Schwarz in pre-market trading on October 5, 2026 at 8:58 a.m. CEST, up 0.36 percent versus the prior close of EUR 77.85. According to MarketScreener on September 23, 2026, Bernstein initiated coverage with an Outperform rating and a USD 99.00 price target.

Second-quarter growth sets the benchmark

Fortune reports that Amphenol's second-quarter 2026 sales reached USD 8.8 billion, up 55.00 percent from the second quarter of 2025. Orders reached USD 10.732 billion, up 94.00 percent year over year, producing a 1.23 to 1 book-to-bill ratio.

The same earnings-call transcript records adjusted operating margin of 29.80 percent, 4.20 percentage points above the second quarter of 2025, while adjusted diluted earnings per share rose 67.00 percent to USD 1.35. Operating cash flow reached USD 1.6 billion in the quarter, and free cash flow reached USD 1.2 billion.

AI connectivity drives the outlook

According to Yahoo Finance on October 2, 2026, Communications Solutions revenue rose 85.00 percent year over year to USD 5.38 billion in the second quarter. IT datacom represented 43.00 percent of sales, with revenue up 89.00 percent year over year and 63.00 percent organically.

Amphenol expects third-quarter 2026 sales of USD 9.3 billion to USD 9.4 billion and adjusted diluted earnings per share of USD 1.40 to USD 1.42, according to the earnings-call transcript. The company also raised its 2026 CommScope sales outlook from USD 4.1 billion to USD 4.6 billion, while expected adjusted earnings accretion increased from USD 0.15 to USD 0.30.

Valuation meets the next report

MarketBeat reported on October 1, 2026 that 16 of 18 covering analysts rated Amphenol Buy, while two held a Hold rating. The average target was USD 96.85, and the publication identified valuation and insider selling as counterweights to the growth case.

MarketBeat also lists October 28, 2026 as the next quarterly earnings date. That report will test whether the USD 9.3 billion to USD 9.4 billion sales outlook can extend the second-quarter operating momentum.

Premarket quote before the next report

Amphenol stock was at EUR 78.13 at Lang & Schwarz on October 5, 2026 at 8:58 a.m. CEST, plus 0.36 percent versus the prior close of EUR 77.85. The NYSE quote was last at USD 86.96 on October 2, 2026 at 4:00 p.m. EDT, within a 52-week range of USD 59.01 to USD 89.26. The further course of trading is shown by the continuously updated real-time quote of Amphenol stock.