New York, Jan 16, 2026, 14:09 ET — Regular session
Amphenol Corp (APH) shares dropped 1.1%, closing at $152.54 on Friday afternoon. The stock opened at $155 and moved within a range of $151.75 to $156.58, with roughly 5.4 million shares changing hands.
This shift is crucial since investors see Amphenol as a reliable source for data-center expansions, where high-speed connectors and cables are essential components. The key issue: will that demand stay strong this quarter, and can the newly acquired cable segment be smoothly integrated into the financials?
Amphenol on Thursday announced a mandatory “open offer” — a tender bid required under Indian takeover rules — to acquire up to 26% of ADC India Communications from public shareholders after gaining indirect control of the firm. The company set the offer price at 1,233.59 rupees per share (around $13.68), which could total about $16.4 million in cash if fully subscribed. The offer carries no minimum acceptance threshold. 1
Goldman Sachs bumped up its price target on Amphenol to $183 from $165, maintaining a Buy rating. The upgrade is tied to what the firm calls “strong data center demand,” as noted in a research report shared by TheFly. 2
BofA lifted its price target to $165 from $163 and kept a Buy rating, anticipating a quarterly beat alongside “conservative” guidance. The bank also bumped its fiscal 2026 revenue and EPS forecasts in the preview to $31.2 billion and $4.41, up from $30.0 billion and $4.21. 3
UBS analyst Joseph Spak maintained a Buy rating and raised his price target to $174 from $152 in a note dated Jan. 14. 4
Earlier this month, the company wrapped up its acquisition of CommScope’s Connectivity and Cable Solutions business. CEO R. Adam Norwitt highlighted that the deal “adds significant fiber optic interconnect capabilities” for IT datacom and communications networks. Amphenol projects the unit will bring in around $4.1 billion in sales by 2026 and expects it to be roughly $0.15 accretive to earnings per share, excluding acquisition-related costs. 5
On Friday, TE Connectivity slipped 0.5%.
The SPDR S&P 500 ETF and Invesco QQQ ETF edged mostly flat, leaving the spotlight on individual company developments rather than broad market moves.
That said, the recent surge leaves the stock vulnerable if data-center orders slow or integration costs climb beyond what bulls anticipate. When expectations are razor-thin, even minor tweaks to guidance — management’s outlook — can weigh on the shares.
Amphenol’s scheduled fourth-quarter earnings call is set for Jan. 28 at 1:00 p.m. ET. Investors will be watching closely for any demand trends in IT and data communications, as well as initial insights into the cable unit’s performance. 6
