Evercore ISI projects a more than 10% EPS increase for
Amphenol Corporation (APH) by 2025 due to AI growth and industry recovery. The company has been experiencing robust financial health reflected in its stock's performance. With the announcement of
senior notes offering followed by an increase in shares held by Bath Savings Trust Co., Amphenol seems to be having a bright financial outlook. Furthermore, the corporation's fundamentals look strong, and its prospects have been improved with a boost from NVIDIA’s Blackwell ramp-up, as highlighted by Evercore. The intensified demand for AI is forecasted to boost future growth which in turn promoted the corporation's price target. However, on the downside, shares of Amphenol were noticeably sold by the Diversified Trust Co and M&T Bank Corp.
AI demand has leveraged the corporation's sales growth by 26%, leading to a price target increase by TD Cowen. In the meantime, the company's stock shed 3.6% over the past week. Still, overall progress is positive as acquisitions, capital investments, and earnings growth signal a strong future for Amphenol Corporation.
Amphenol Corporation APH News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Thu, 09 Jan 2025 09:03:16 GMT -
Rating 9
- Innovation 6
- Information 8
- Rumor 1
