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APH

Amphenol Corporation

NYSE: APH · TECHNOLOGY · ELECTRONIC COMPONENTS

$148.38
+3.24% today

Updated 2026-04-29

Market cap
$184.06B
P/E ratio
44.82
P/S ratio
7.97x
EPS (TTM)
$3.34
Dividend yield
0.50%
52W range
$74 – $167
Volume
8.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Amphenol Corporation (APH) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$148.38
Consensus
$153.92
+3.73%
2030 Target
$486.40
+227.81%
DCF
$281.58
+48.13% MoS
12 analysts:
4 Buy1 Hold1 Sell

Management guidance

CEO Richard Norwitt has not provided explicit multi-year revenue targets in available disclosures. However, management's Q4 2025 guidance indicated conservative Q1 2026 outlook despite 51.71% YoY revenue growth in 2025 ($23.09B), suggesting management is cautious on near-term demand despite strong AI data center tailwinds.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$806.40
$49.5B Rev × 20x P/S
Base case (2030)
$486.40
$49.5B Rev × 12x P/S
Bear case (2030)
$320.00
$49.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$12.6B$15.2B$23.1B$31.7B$35.5B$39.8B$44.5B$49.5B
Revenue growth—21.3%51.7%37.2%12.0%12.0%11.9%11.2%
EPS$1.51$1.89$3.39$4.41$5.15$5.80$6.50$7.25
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$307.20$345.60$384.00$435.20$486.40

Catalysts & risks

Growth catalysts
+ AI data center infrastructure spending acceleration (Meta, Microsoft, hyperscaler capex cycles)
+ Sustained IT/datacom segment growth driven by 5G, cloud connectivity, and high-speed interconnect demand
+ Potential M&A activity and acquisitions to expand AI-adjacent product portfolio
+ Geographic expansion and emerging market penetration (ADC India acquisition signals)
Key risks
- Conservative Q1 2026 guidance despite strong 2025 results suggests demand deceleration or customer design changes
- Significant insider selling by CEO Richard Norwitt (515K shares sold Feb 2026, 21% reduction) signals potential valuation/growth concerns
- Elevated debt levels from recent €500M euro notes issuance and refinancing activity may constrain financial flexibility
- Geopolitical tensions and potential trade restrictions could disrupt supply chain and customer spending
- Customer concentration risk among hyperscalers (Meta, Microsoft, Amazon) exposed to AI infrastructure spending cycles

Methodology

Amphenol Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.