APH is a high-quality franchise with a 37% return on equity, 17% operating margins, a Piotroski F-Score of 8 out of 9, and 58% year-over-year revenue growth—among the best combinations of quality and growth in the peer group—but the stock has closed most of the gap to analyst consensus target with only 4% headroom remaining and a reward-to-risk ratio of roughly 0.3-to-1 at spot, while geographic exposure to non-U.S. markets at 65% and single-source supplier concentration add risks that cap near-term conviction despite the excellent underlying business.
Thesis pillars
- Exceptional Revenue Growth Trajectory→Stable
- Geographic And Supplier Concentration↓Deteriorating
- High Quality Franchise Fundamentals→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 11, 2026
Amphenol Corporation (APH) Stock Analysis
Technology · Electronic Components
Wait for pullback to $74.94. BUY gates pass at $78.21, but concentration risk — Geographic: non-U.S. markets (65.0%) and concentration risk — Supplier: single source of supply argue for a more patient entry. Engine's entry $74.94 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.
Amphenol Corporation designs and manufactures electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and cable across three segments globally. Approximately 65% of 2025 net sales came from non-U.S. markets, with IT datacom (including AI)... Read more
Wait for pullback to $74.94. BUY gates pass at $78.21, but concentration risk — Geographic: non-U.S. markets (65.0%) and concentration risk — Supplier: single source of supply argue for a more patient entry. Engine's entry $74.94 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No clear chart pattern; technical signals are mixed. Earnings today. Wait until post-earnings. Score 6.7/10, moderate confidence.
Passes 7/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on earnings proximity 0d<=7d. Suitability: moderate.
Recent developments
updated 2026-10-28Recent Developments — Amphenol Corporation
Latest news
- NEWS Amphenol (APH) Beat Expectations, Is The Stock Still Cheap? - Yahoo Finance — Yahoo Finance positive
- NEWS Amphenol (APH) Beat Expectations, Is The Stock Still Cheap? - finance.yahoo.com — finance.yahoo.com positive
- NEWS Amphenol Corp (APH) Stock Down 0.3% but Still Overvalued -- GF S - GuruFocus — GuruFocus negative
- NEWS Amphenol Corp (APH) Stock Down 0.3% but Still Overvalued -- GF Score: 98/100 - GuruFocus — GuruFocus negative
- NEWS Amphenol Corp (APH) Stock Down 0.3% but Still Overvalued -- GF Score: 98/100 - gurufocus.com — gurufocus.com negative
Generated 2026-10-28T11:28:53Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicnon-U.S. markets65%10-K Item 1A: 'non-U.S. markets constituted approximately 65% of the Company's net sales, with China constituting approximately 16% of the Company's net sales'
- LOWGeographicChina16%10-K Item 1A: 'China constituting approximately 16% of the Company's net sales'
- MEDIUMProductIT datacom market36%10-K Item 1: 'Sales into the IT datacom market represented approximately 36% of the Company’s net sales in 2025'
- HIGHSuppliersingle source of supply10-K Item 1A: 'In limited instances, we depend on a single source of supply ... and for some components, alternative sources may not exist'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 ceiling hit
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $74.94. BUY gates pass at $78.21, but concentration risk — Geographic: non-U.S. markets (65.0%) and concentration risk — Supplier: single source of supply argue for a more patient entry. Engine's entry $74.94 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No clear chart pattern; technical signals are mixed. Earnings today. Wait until post-earnings. Target $92.68 (+18.5%), stop $69.69 (−12.2%), A.R:R 2.1:1. Score 6.7/10, moderate confidence.
Take-profit target: $92.68 (+18.5% upside). Target $92.68 (+18.5%), stop $69.69 (−12.2%), A.R:R 2.1:1. Stop-loss: $69.69.
Concentration risk — Geographic: non-U.S. markets (65.0%); Concentration risk — Supplier: single source of supply; Sector modifier (Technology): -0.8.
Amphenol Corporation trades at a P/E of 39.1 (forward 23.5). TrendMatrix value score: 5.3/10. Verdict: Buy (Wait for Entry).
25 analysts cover APH with a consensus score of 4.2/5. Average price target: $103.
What does Amphenol Corporation do?Amphenol Corporation designs and manufactures electrical, electronic, and fiber optic connectors, interconnect systems,...
Amphenol Corporation designs and manufactures electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and cable across three segments globally. Approximately 65% of 2025 net sales came from non-U.S. markets, with IT datacom (including AI) representing roughly 36% of net sales; no single customer accounted for 10% or more of sales.