Amphenol (NYSE:APH) Releases Earnings Results, Beats Expectations By $0.04 EPS

Amphenol (NYSE:APH) released its quarterly earnings data on Wednesday. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04, Briefing.com reports. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.19 billion. During the same period last year, the business earned $0.55 earnings per share. Amphenol’s revenue was up 49.1% compared to the same quarter last year. Amphenol updated its Q1 2026 guidance to 0.910-0.930 EPS.

Here are the key takeaways from Amphenol’s conference call:

• Record results — Q4 sales of $6.439 billion and full?year sales of $23.1 billion (up 52% Y/Y in USD, 38% organically), with a record $8.431 billion of orders in the quarter and a 1.1x book?to?bill for 2025.
• Margins remained exceptional — adjusted operating margin was 27.5% in Q4 (flat sequential) and a record 26.2% for the year, driven by strong operating leverage on higher volumes.
• AI / IT datacom was the primary growth engine — IT datacom sales grew ~110% in Q4 and management said AI?related demand drove much of the outsized order intake.
• Acquisitions — Amphenol closed CommScope (CCS) in January and completed Trexon, adding fiber and defense capabilities and forecasted CommScope to contribute ~$4.1B in 2026 and ~$0.15 EPS, but the deals materially reduced cash on hand to about $200M and pushed pro?forma net leverage to ~1.8x.
• Cash & guidance — record operating cash flow of $5.4B and free cash flow of $4.4B funded nearly $1.5B of shareholder returns in 2025, and Q1 2026 guidance calls for $6.9–$7.0B in sales and $0.91–$0.93 adjusted EPS (includes ~$900M sales / $0.02 EPS from CommScope).

Amphenol Price Performance

APH opened at $145.95 on Thursday. The stock’s 50-day moving average price is $140.79 and its 200 day moving average price is $126.84. Amphenol has a 12-month low of $56.45 and a 12-month high of $167.04. The firm has a market cap of $178.65 billion, a price-to-earnings ratio of 48.65, a PEG ratio of 1.00 and a beta of 1.21. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on APH. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. US Capital Advisors set a $165.00 target price on Amphenol in a research note on Friday, January 9th. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. UBS Group reiterated a “buy” rating and set a $174.00 price target (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Finally, Citigroup restated a “buy” rating and issued a $175.00 price objective (up from $160.00) on shares of Amphenol in a report on Monday, January 12th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $151.00.

Key Amphenol News

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Q4 results beat consensus: Q4 adjusted EPS $0.97 vs. $0.93 expected and revenue $6.44B (up ~49% y/y) — strong margins and EPS growth were reported. Article Title
• Positive Sentiment: Company raised Q1 2026 guidance: EPS guidance of $0.91–$0.93 and revenue guidance roughly $6.9B–$7.0B — above Street revenue expectations. This reduces near-term execution risk vs. consensus. Article Title
• Positive Sentiment: Analyst support / technical buying: JPMorgan raised its price target and other upgrades/coverage helped sentiment; a technical “power inflow” signal also produced a ~7% short-term rise in shares. Article Title Article Title
• Neutral Sentiment: Earnings call transcript and details are available for investors who want line-item color on segments (IT/datacom strength and acquisition contribution). Useful for modeling revenue composition. Article Title
• Neutral Sentiment: Mixed analyst notes: some firms (Evercore ISI, others) provided perspective on margins/market exposure but no consensus downgrade trend yet — monitor follow-ups. Article Title
• Negative Sentiment: Sharp post-earnings sell-off: despite the beat/guidance, the shares dropped materially as investors cited high valuation and the possibility that record results were boosted by acquisitions and AI/data-center tailwinds that may slow. Article Title
• Negative Sentiment: Organic growth concerns in data-center/IT exposure: several write-ups warn that organic demand could decelerate and that current multiples reflect significant AI-driven growth expectations. This is the primary reason for the sell-off. Article Title
• Negative Sentiment: Market reaction summary: multiple headlines note a double-digit intraday decline despite record quarterly results — short-term volatility is high; investors are weighing valuation vs. sustainability of elevated growth. Article Title

Insider Buying and Selling at Amphenol

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the sale, the vice president directly owned 12,500 shares in the company, valued at $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total transaction of $11,360,000.00. The SEC filing for this sale provides additional information. Insiders sold a total of 498,076 shares of company stock valued at $70,996,906 in the last three months. 1.67% of the stock is owned by corporate insiders.

Institutional Trading of Amphenol

A number of large investors have recently modified their holdings of the stock. Revolve Wealth Partners LLC boosted its holdings in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after purchasing an additional 4,721 shares during the period. Brighton Jones LLC raised its position in Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after purchasing an additional 9,390 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after buying an additional 618 shares during the period. Rakuten Securities Inc. boosted its stake in shares of Amphenol by 2,208.2% in the 2nd quarter. Rakuten Securities Inc. now owns 2,262 shares of the electronics maker’s stock valued at $223,000 after buying an additional 2,164 shares during the period. Finally, Kensington Investment Counsel LLC acquired a new position in shares of Amphenol during the second quarter worth about $237,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.