Amphenol

APH

Market cap $183B

Amphenol (APH) reported earnings 30 days ago. What's next for the stock?

For much of the AI boom, investors had a simple playbook: buy Nvidia Corporation (NASDAQ:NVDA). Then came the second wave.

RFIL and APH are benefiting from rising connectivity and AI infrastructure demand as investors weigh growth prospects.

Amphenol (APH) could produce exceptional returns because of its solid growth attributes.

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Amphenol is positioned as an essential enabler of technological progress, supplying critical connectors and cable systems for AI, data centers, EVs, and robotics. APH's organic growth in AI infrastructure exceeds 80% annually, and robotics adoption is an underappreciated future catalyst for exponential product demand. Despite rapid revenue and profit growth, APH trades at a forward P/E of 26—mispriced relative to its high-growth, high-margin profile and sector leadership.

These stocks have declined this year, while the consensus estimates for the companies' earnings per share have soared.

Amphenol offers a compelling GARP opportunity, driven by a competitive moat, diversified end markets, and accelerating growth in AI data centers. The company is rated a 'Buy' below ~$130, with a fair value estimate of $158.35, implying 27% upside, supported by robust organic growth and margin expansion. The current strategy involves a half-position at $125, with plans to add on pullbacks or via options strategies ahead of earnings and trim above fair value.

Vertiv's AI-driven data center growth, liquid-cooling expansion, and strong earnings momentum may give it an edge over Amphenol.

Amphenol APH delivered a strong operating margin expansion in the first quarter of 2026. The company reported a non-GAAP operating margin of 27.3% for the first quarter, indicating a 380 basis points (bps) expansion from the year-ago quarter's 23.5%.