Amphenol reported Q1 2026 adjusted EPS and revenue exceeding estimates by $0.11 and $0.51 billion, respectively.
Amphenol Corporation (APH) delivered stronger-than-expected Q1 2026 results, with adjusted earnings per share surpassing estimates by $0.11 and revenue exceeding forecasts by $0.51 billion. The Communication Solutions segment drove growth, posting an 80% year-over-year sales increase.
Analysts had anticipated a solid quarter, but the margin expansion and revenue outperformance highlighted the company’s operational strength. Prior to the release, consensus estimates stood at $0.51 billion below the reported revenue, while EPS also topped expectations.
Following the earnings report, Citi raised its price target on APH to $180 from $170, maintaining a Buy rating, while Baird lifted its target to $177 from $167 and kept an Outperform rating.