New York, January 21, 2026, 13:06 ET — Regular session
- Amphenol shares climbed roughly 0.2% by midday, rebounding slightly after falling 1.3% in the previous session
- Evercore ISI raised its price target to $165 from $150, maintaining an Outperform rating
- Markets shook on tariff news, shifting investor attention to earnings and guidance due Jan. 28
Amphenol Corp shares nudged up 0.2% to $152.61 by midday Wednesday, after fluctuating between $150.63 and $155.11 earlier. Trading volume hit roughly 4.1 million shares by early afternoon.
The stock is trying to regain footing after Tuesday’s broad selloff, which marked the biggest one-day drop for U.S. benchmarks in three months. The slide was sparked by fresh tariff concerns linked to President Donald Trump’s Greenland remarks. Investors are also preparing for a heavy slate of U.S. economic data, including GDP figures, purchasing managers index (PMI) surveys, and the Personal Consumption Expenditures report — the Fed’s favored inflation measure.
Amphenol’s upcoming challenge is its fourth-quarter results and outlook, set for release next Wednesday, followed by a conference call at 1 p.m. ET. Investors watch the connector maker closely as a barometer for spending trends in data centers, automotive, and industrial electronics.
Wall Street staged a rebound Wednesday, with the S&P 500 climbing roughly 1% by late morning. The bounce came after Trump told Davos he wouldn’t resort to force in his Greenland takeover bid. “One of the reasons why the market is bouncing back is Trump stressed that he does not intend to use force to take Greenland,” noted Damian McIntyre, head of multi-asset solutions at Federated Hermes. Reuters
Amphenol slipped 1.33% on Tuesday, closing at $152.33 and ending a two-day winning run. The stock remains roughly 2.5% shy of last week’s 52-week peak at $156.28. Volume for the session topped the 50-day average, according to MarketWatch data.
Evercore ISI bumped its price target on APH to $165 from $150, maintaining an Outperform rating that signals confidence the stock will outpace the market. This update was part of the firm’s quarterly preview of IT hardware and networking.
Nasdaq data reveals that the consensus EPS estimate for Amphenol’s December quarter has inched higher over the last week, now standing at $0.93 per share.
TE Connectivity, a major player in connectors and sensors, signaled strong momentum on Wednesday, forecasting second-quarter profits that beat estimates thanks to robust AI-driven demand. CEO Terrence Curtin revealed quarterly orders exceeded $5 billion, highlighting the order backlog as a solid foundation for the industrial segment.
Amphenol faces a risk that tariff news and bond-market volatility could weigh on customer orders right as anticipation builds ahead of the earnings report. With shares trading close to recent peaks, even a cautious outlook might carry as much weight as the quarterly results themselves.
Traders are eyeing Jan. 28 for the results and the call, watching closely for any sign that data-center and automotive demand will stay strong into 2026 as political factors start to resurface in the tape.
