Amphenol Shares Gain on Revised Growth Outlook from Barclays

Amphenol Corporation’s stock traded higher on Monday following a significant rating upgrade from Barclays. The investment bank shifted its stance on the connectivity specialist from “Equalweight” to “Overweight,” citing a substantially improved growth forecast for the company’s IT datacomm segment as the primary catalyst.

The core of Barclays’ updated analysis rests on revised projections for Amphenol’s organic growth. The bank’s strategists now anticipate the IT datacomm business will achieve 60% organic growth in fiscal year 2026, a marked increase from a prior estimate of 45%. Their outlook for 2027 has also been raised, with expectations now set at 20%.

This bullish reassessment is driven by surging demand for connectivity solutions Read more...