New York, Jan 27, 2026, 18:16 EST — After-hours
- Shares of Amphenol jumped almost 7% on Tuesday and stayed steady during after-hours trading.
- JPMorgan raised its price target for the connector maker and maintained an “overweight” rating.
- Wednesday’s results and the latest on the CCS deal are now the focus for investors seeking direction.
Shares of Amphenol Corporation surged almost 7% Tuesday following a price target boost from JPMorgan. Investors are positioning themselves ahead of the electronics connector maker’s fourth-quarter earnings report, set for Wednesday.
This matters because Amphenol has been behaving like a stand-in for data-center expansion and demand for high-speed connectivity. It’s heading into earnings with expectations already running high.
This comes just weeks after Amphenol wrapped up a major acquisition, one that investors view as a bet on fiber and networking gear — sectors where slight shifts in orders and margins can quickly change the mood.
Amphenol finished the day 6.87% higher at $166.25 and edged up another 0.23% in after-hours to $166.63. The stock swung between $157.45 and $167.04 during the session, with roughly 18.3 million shares changing hands. The S&P 500 rose 0.41%. 1
JPMorgan’s Samik Chatterjee boosted his price target on Amphenol to $185, up from $160, while maintaining an “overweight” rating, according to GuruFocus. The “overweight” tag suggests Chatterjee anticipates the stock will outperform its sector or the overall market over the next year. 2
The call comes after Amphenol finalized its acquisition of CommScope’s Connectivity and Cable Solutions business on Jan. 12, as previously announced. The company highlighted that the deal brings fiber-optic interconnect capabilities and expects CCS to deliver roughly $4.1 billion in sales for full-year 2026. It also projects the acquisition will boost diluted earnings per share by about $0.15 in 2026, before acquisition-related costs. CEO R. Adam Norwitt noted the purchase “adds significant fiber optic interconnect capabilities.” 3
Amphenol will host a conference call at 1:00 p.m. ET on Wednesday, Jan. 28, following its earnings release. 4
Investors will be gauging the quarter against Amphenol’s previous guidance. Back in October, the company projected fourth-quarter 2025 sales between $6.0 billion and $6.1 billion, with adjusted diluted EPS of $0.89 to $0.91. That forecast excluded any acquisitions still pending at the time. 5
Traders will zero in on any change in tone around IT and datacom demand, pricing, and whether the company anticipates a slowdown after a surge in orders. Comments on CCS integration—what’s going smoothly and what’s proving costlier than expected—could move the stock just as much as the earnings beat or miss.
There’s a potential downside. As Amphenol’s share price has surged, so has its valuation; AAII data shows a price-to-earnings ratio near 51.9, well above the electronic equipment sector median they reference. That leaves limited wiggle room if margins slip or the company issues conservative guidance. 6
Wednesday’s earnings report and the 1 p.m. ET call stand as the next major catalyst. Investors will zero in on updated guidance for 2026 growth and the initial impact of the CCS business on the financials.
