New York, Jan 17, 2026, 16:58 EST — The market has closed.
- Amphenol shares closed Friday at $154.39, edging up 0.1%, after fluctuating between $151.75 and $156.58.
- The company announced a mandatory open offer for ADC India Communications after completing its CommScope CCS acquisition.
- Goldman Sachs and BofA lifted their price targets as investors turn their attention to the earnings call set for Jan. 28.
Shares of Amphenol Corp ended Friday up 0.1% at $154.39, holding firm following a week packed with deal news and new price target upgrades from Wall Street ahead of the company’s upcoming earnings report.
U.S. markets are closed for the weekend and will remain shut Monday for Martin Luther King Jr. Day. Trading resumes Tuesday, when investors will focus on Amphenol’s earnings report due in late January. (New York Stock Exchange)
This is significant since Amphenol’s shares often act as a stand-in for data-center expansions, where even slight shifts in demand outlook can trigger sharp valuation swings. The newest company update also marks another move toward integrating the CommScope connectivity assets it recently acquired.
On Jan. 15, Amphenol announced it will launch an open offer—a mandatory tender under Indian takeover laws—to buy up to 1.196 million shares of ADC India Communications. This represents 26% of the voting share capital held by public investors. The offer price stands at 1,233.59 rupees per share, which would total roughly $16.4 million in cash if fully subscribed. Notably, the offer isn’t subject to any minimum acceptance threshold, the company confirmed. (Business Wire)
Goldman Sachs lifted its price target on Amphenol to $183 from $165, maintaining a Buy rating. The firm cited robust demand in data centers in its client note. (TipRanks)
BofA raised its price target to $165 from $163 and kept its Buy rating intact. The firm’s preview note anticipates a quarterly beat paired with “conservative” guidance. It also boosted its FY26 revenue forecast to $31.2 billion, up from $30.0 billion, and lifted EPS estimates to $4.41 from $4.21. (TipRanks)
The open offer follows Amphenol’s completed acquisition of CommScope’s Connectivity and Cable Solutions business. Amphenol expects this to boost full-year 2026 sales by around $4.1 billion and add about $0.15 to diluted earnings per share, before acquisition-related costs. CEO R. Adam Norwitt highlighted that the deal “adds significant fiber optic interconnect capabilities” for IT datacom and communications networks markets. (Amphenol Investors)
The stock ended Friday with little movement as the broader market stayed subdued. The S&P 500 slipped 0.06%, while the Dow dropped 0.17%, per MarketWatch data. (MarketWatch)
Amphenol’s next share move likely depends less on the deal details and more on whether management can support those higher targets with solid guidance. Even a slight sign of weaker data-center orders, slower integration, or margin challenges could hit a stock already valued for steady growth.
Mark your calendar for Jan. 28, when Amphenol will host its fourth-quarter earnings call at 1:00 p.m. ET. Investors are eager to hear updates on how quickly the CCS integration is progressing, demand trends in communications networks and IT datacom, and whether any extra costs have emerged from bringing the new assets online. (Amphenol Investors)
