AME
Ametek Inc
NYSE: AME · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$232.16
-0.97% today
Updated 2026-06-05
Market cap
$52.20B
P/E ratio
34.35
P/S ratio
6.87x
EPS (TTM)
$6.63
Dividend yield
0.57%
52W range
$174 – $243
Volume
1.2M
Ametek Inc (AME) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed AME price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$232.16
Today
Analyst consensus
$252.00
+8.55% · 12M
2030 Base
$180.15
-22.40% future
NPV today
$115.13
@ 10% WACC
23 analysts:
10 Buy5 Hold0 Sell
Management guidance
AMETEK raised FY2026 full-year guidance following record Q1 2026 results (revenue $1.93B, EPS $1.97). Management confirmed the $5B Indicor acquisition (adding ~$1.1B annual revenue, closing H2 2026) with expected 10-12% annualized cost synergies by year 3. CEO commentary emphasizes resilient aerospace, defense, and industrial automation demand; no specific 2027-2030 revenue targets disclosed, but guidance trajectory implies mid-to-high single-digit organic growth plus M&A accretion.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
AME · Ametek Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$129.27
NPV today: $82.61
Base case (2030)
$180.15
NPV today: $115.13
Bull case (2030)
$383.66
NPV today: $245.18
WallStSmart.com
AME financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $7.4B | $8.4B | $9.3B | $10.1B | $10.9B | $11.7B |
| Revenue growth | 6.6% | 14.2% | 9.8% | 9.1% | 8.2% | 7.0% |
| Net margin | — | 23.8% | 23.9% | 24.3% | 24.3% | 24.3% |
| EPS | $6.92 | $8.75 | $9.65 | $10.70 | $11.55 | $12.35 |
| Diluted shares | — | 229M | 230M | 230M | 230M | 230M |
| Net debt | — | $-53.23M | $-1.44B | $-2.95B | $-4.59B | $-6.34B |
| P/S multiple | — | 3.0x | 3.0x | 3.0x | 3.0x | 3.0x |
| Implied price (base) | — | $110.72 | $127.49 | $144.90 | $162.68 | $180.15 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $11.7B | $11.7B | $11.7B |
| P/S multiple | 2.0x | 3.0x | 7.0x |
| Diluted shares | 230M | 230M | 230M |
| Net debt | $-6.34B | $-6.34B | $-6.34B |
| Implied P/E † | 11x | 15x | 31x |
| 2030 Price | $129.27 | $180.15 | $383.66 |
| NPV @ 10% | $82.61 | $115.13 | $245.18 |
† Implied P/E: Multiples remain elevated across all three scenarios because AME is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $180.15 base case
AME catalysts and risks
Growth catalysts
+ Indicor acquisition close (H2 2026): $1.1B incremental revenue + 10-12% cost synergies realized through 2029
+ Aerospace & defense capex cycle: sustained US military/commercial OEM spending through 2028+
+ Industrial automation & energy efficiency trends: niche high-margin instrumentation and electromechanical devices in secular demand
+ AI/semiconductor test & measurement: electronic instruments exposure to semiconductor capex recovery and AI infrastructure buildout
+ M&A strategy execution: management's consistent track record of disciplined acquisitions to drive inorganic growth
Key risks
- Macro recession or industrial capex retrenchment: cyclicality in aerospace/defense and process industries could compress order intake and backlog conversion
- Integration execution risk on $5B Indicor deal: synergy realization delays or acquisition underperformance could pressure margins and EPS accretion
- Valuation multiple compression: current 35x P/E (vs. sector 20-22x) vulnerable if growth misses or rates rise; limited margin expansion visibility at maturity
- Currency headwinds: ~40% international revenue subject to FX volatility
- Competitive pressure in niche markets: loss of share to larger diversified industrials (ITW, Emerson) in core segments
Methodology · Ametek Inc 2030 stock forecast model
Ametek Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 23 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for AME by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-6.34B by 2030) |
| 3. Time value | NPV calculated using 10% WACC (CAPM: beta 1.033) |
| 4. Multiple framework | P/S compresses with scale: bear 2.0x / base 3.0x / bull 7.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
AME price target FAQ
What is the AME price target for 2030?
WallStSmart's Ametek Inc 2030 base case is $180.15 per share, with a bull case of $383.66 and bear case of $129.27. The NPV of the base case discounted to today at 10% WACC is $115.13.
How is the Ametek Inc 2030 stock forecast calculated?
The AME 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the AME price target account for dilution?
Ametek Inc is projected to grow diluted share count from 229M to 230M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on AME stock?
23 analysts cover AME with an average 12-month price target of $252.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.