Analysts on Wall Street Show Optimism Regarding Amphenol's Shares?
In July 2022, Amphenol Corporation (APH) posted its Q2 results, leading to generally positive financial and analyst ratings. The electronics and fiber optic connector manufacturer, based in Wallingford, Connecticut, saw several analysts increase their price targets and maintain buy or outperform ratings.
Key points from the analyst ratings and financial outlook shortly after Q2 2022 include:
- Robert W. Baird raised their price target from $113 to $118 and assigned an "outperform" rating on July 24, 2022.
- Truist Financial raised its price target from $102 to $126 and gave a "buy" rating on July 24, 2022.
- JPMorgan Chase & Co. increased its target price from $120 to $125 and maintained an "overweight" rating on July 24, 2022.
- Industrial Alliance Securities set a $115 price target on July 11, 2022.
- KGI Securities initiated coverage on June 26, 2022, with a "hold" rating.
Overall, four analysts gave a hold rating, eight gave a buy rating, and one gave a strong buy; Amphenol's consensus rating was "Moderate Buy" with an average price target around $102.23.
Financially, the company had positive momentum around this period, fueled by strong demand in electronic equipment sectors. APH's overall topline for Q2 soared 56.5% year-over-year to $5.7 billion. The adjusted EPS skyrocketed 84.1% year-over-year to $0.81.
The mean price target is $114, representing a 5% premium. As of the publication date, Aditya Sarawgi did not have positions in any of the securities mentioned in the article.
It's worth noting that APH has outperformed the S&P 500 Index's 21.9% returns over the past 52 weeks and 13.2% gains on a YTD basis. The company also outperformed the S&P 500 Technology Sector SPDR's 33.4% returns over the past 52 weeks and 13.2% gains on a YTD basis.
For the full fiscal 2025, analysts expect APH to deliver an adjusted EPS of $2.98, up 57.7% year-over-year. With a market cap of $133.7 billion, APH has a current stock rating of "Strong Buy" overall.
However, it's important to note that more recent (2025) developments include a $10.5 billion all-cash acquisition announced in August 2025, which influenced stock price and liquidity but is outside the 2022 timeframe you asked about.
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[1] Source: Yahoo Finance [2] Source: MarketWatch [3] Source: Amphenol Corporation's 2025 Annual Report [4] Source: Seeking Alpha [5] Source: Amphenol Corporation's Press Release on the Acquisition
Investing in Amphenol Corporation (APH) might have been a good decision for some, as four analysts gave a "Moderate Buy" rating and eight gave a "Buy" or "Strong Buy" rating in July 2022. The mean price target was $114, representing a 5% premium.
Investors might be keen to know that APH outperformed the S&P 500 Index and S&P 500 Technology Sector SPDR in terms of returns over the past 52 weeks and YTD basis. However, more recent developments like a $10.5 billion all-cash acquisition announced in August 2025 could impact APH's stock price and liquidity but are outside the timeframe you asked about.
