New York, January 27, 2026, 13:19 EST — Regular session
- Shares of Amphenol climbed 4.1%, reaching $161.96 in early afternoon trading
- JPMorgan raised its price target to $185 from $160, maintaining its Overweight rating
- Amphenol’s Q4 results, due Wednesday, are drawing investor attention
Shares of Amphenol Corp jumped roughly 4% Tuesday following a price target boost from JPMorgan ahead of the company’s quarterly earnings. The stock hit an intraday peak above $163 on the move.
Amphenol’s upcoming fourth-quarter results, due Wednesday, are drawing attention as investors seek updated figures on demand from cloud data centers and other electronics sectors. The company’s investor calendar lists its earnings call for Jan. 28 at 1 p.m. ET. 1
JPMorgan boosted its price target on Amphenol to $185 from $160, maintaining an Overweight rating. This move could influence near-term sentiment, even if it’s not a direct trading signal. The bank highlighted the recent CCS acquisition, saying it expands Amphenol’s reach within the optical “total addressable market”—a term analysts use for potential demand—and taps into IT and datacom spending by hyperscalers, the largest cloud operators. 2
On Jan. 12, Amphenol announced it has finalized the acquisition of CommScope’s Connectivity and Cable Solutions business, boosting its Communications Solutions segment with fiber-optic and industrial interconnect products. CEO R. Adam Norwitt highlighted that the CCS deal “adds significant fiber optic interconnect capabilities” tailored for IT datacom and communications networks. The company projects the CCS unit will bring in roughly $4.1 billion in sales by 2026 and expects it to contribute about $0.15 per share to 2026 diluted EPS, excluding costs tied to the acquisition. 3
Amphenol’s earnings expectations aren’t modest. Back in October, the company projected Q4 sales between $6.0 billion and $6.1 billion, with adjusted diluted EPS in the $0.89 to $0.91 range—figures signaling robust year-over-year growth. 4
Tuesday’s jump built on Monday’s rally. Amphenol ended Monday at $155.56, roughly 3% higher, edging near a recent peak before pushing even higher on Tuesday. 5
That setup works both ways. Should margins fall short or if management signals caution on 2026 orders following a major acquisition, traders could pull back fast from any pre-earnings rally — particularly in a stock that’s already seen a steep repricing.
Investors will be zeroed in on one thing Wednesday: if Amphenol hits its fourth-quarter targets and offers a clearer picture of growth and profit for 2026 now that CCS is part of the mix.
