Latest news with #Amphenol
CNBC
7 hours ago
- Business
- CNBC
Apple likely to launch foldable iPhone in September 2026, predicts JPMorgan
Apple could be set to release an entirely new iPhone design as part of its lineup in the second half of next year, according to JPMorgan. "With the upgrades to the iPhone 17 series to be released this fall expected to be fairly limited, investor focus has already turned to the 2026 fall launches with Apple expected to launch its first foldable iPhone as part of the iPhone 18 lineup in September 2026, featuring a book-style fold similar to Samsung's Galaxy Z Fold series," analyst Samik Chatterjee wrote on Tuesday. The new foldable iPhone is expected to feature a 7.8-inch inner display as well as a 5.5-inch outer display, the analyst said. Samsung's Galaxy Z Fold 7, by comparison, has an 8-inch inner screen and a 6.5-inch outer screen. Not only that, the foldable iPhone 18 may feature a crease-free inner display, seeing that the industry anticipates Samsung will introduce similar technology with its Galaxy Z Fold 8 in 2026. Chatterjee predicts that the foldable iPhone will cost $1,999 and could create a $65 billion revenue opportunity for Apple, leading to a high-single-digit earnings accretion in the medium term. He also projects that the foldable iPhone will sell low-teens million units in fiscal 2027 and increase to mid-40s by fiscal 2029. Other analysts like TF International Securities' Ming-Chi Kuo have also forecast that the iPhone maker will make a folding iPhone next year . He expects it to have "premium pricing." With Apple's anticipated entrance into the foldable iPhone space, JPMorgan's Chatterjee named electronic connector manufacturer Amphenol and specialty glass company Corning as beneficiaries, saying that their resulting gains would be "primarily driven by high content in foldable phones rather than the volume associated with it." AAPL APH,GLW YTD mountain Apple vs. Amphenol and Corning, year-to-date Both names have seen sizable moves higher in 2025, with Amphenol jumping more than 50% and Corning advancing more than 30% year to date, outpacing the S & P 500's roughly 8% rise in the period. Apple shares, meanwhile, have lagged the broader market in that timeframe, falling more than 15% year to date.
Yahoo
20 hours ago
- Business
- Yahoo
Connection (CNXN) Reports Q2: Everything You Need To Know Ahead Of Earnings
IT solutions provider Connection (NASDAQ:CNXN) will be reporting results this Wednesday after market close. Here's what investors should know. Connection beat analysts' revenue expectations by 8.5% last quarter, reporting revenues of $701 million, up 10.9% year on year. It was an incredible quarter for the company, with an impressive beat of analysts' EPS estimates. Is Connection a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Connection's revenue to grow 3.7% year on year to $764.1 million, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.91 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Connection has missed Wall Street's revenue estimates five times over the last two years. Looking at Connection's peers in the tech hardware & electronics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. TD SYNNEX delivered year-on-year revenue growth of 7.2%, beating analysts' expectations by 4.4%, and Amphenol reported revenues up 56.5%, topping estimates by 11.9%. TD SYNNEX traded up 7.9% following the results while Amphenol was also up 2.6%. Read our full analysis of TD SYNNEX's results here and Amphenol's results here. There has been positive sentiment among investors in the tech hardware & electronics segment, with share prices up 2.3% on average over the last month. Connection is down 1.9% during the same time and is heading into earnings with an average analyst price target of $76 (compared to the current share price of $64.51). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Amphenol Second Quarter 2025 Earnings: Beats Expectations
Amphenol (NYSE:APH) Second Quarter 2025 Results Key Financial Results Revenue: US$5.65b (up 56% from 2Q 2024). Net income: US$1.09b (up 108% from 2Q 2024). Profit margin: 19% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.90 (up from US$0.44 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Amphenol Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in the US. Performance of the American Electronic industry. The company's shares are up 1.6% from a week ago. Risk Analysis You should learn about the 1 warning sign we've spotted with Amphenol. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
6 days ago
- Business
- Yahoo
Amphenol Stock Surges After Q2 Beat, Sets Sights On 36% Sales Jump In Q3
Amphenol Corp (NYSE:APH) stock is up after it reported its fiscal second-quarter 2025 results on Wednesday. Quarterly sales increased by 57% year-on-year to $5.65 billion, topping the analyst consensus estimate of $5.01 billion. This was driven by strong organic growth in all of our end markets, including exceptional organic growth in the IT datacom market, as well as contributions from the company's acquisition program. Also Read: Adjusted EPS of 81 cents beat the analyst consensus estimate of 66 cents. The adjusted operating margin for the quarter reached a record 25.6%, up from 21.3% a year ago. Amphenol held $3.23 billion in cash and equivalents as of June 30, 2025. View more earnings on APH During the second quarter, the company purchased two million shares of its common stock for $160 million and paid dividends of $200 million, resulting in total capital returned to shareholders of approximately $360 million. Amphenol President and CEO R. Adam Norwitt expressed satisfaction with the company's strong second-quarter 2025 performance. He noted that accelerating innovation in electronics unlocks significant growth opportunities across Amphenol's diverse end markets. The company has expanded its high-tech interconnect product portfolio through internal innovation and strategic acquisitions. Outlook: Amphenol expects third-quarter sales of $5.4 billion-$5.5 billion. This represents a 34%-36% increase over the prior-year quarter, and the street view pegs expectations at $5.18 billion. The company expects adjusted EPS of 77 cents to 79 cents, representing a 54%–58% increase year-over-year. The analyst consensus estimate stands at 68 cents. APH Price Action: Amphenol stock is up 3.33% to $105.17 at publication on Wednesday. Read Next:Photo: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? AMPHENOL (APH): Free Stock Analysis Report This article Amphenol Stock Surges After Q2 Beat, Sets Sights On 36% Sales Jump In Q3 originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
The Star
6 days ago
- Business
- The Star
Amphenol forecasts upbeat quarterly results on strong demand for electronic equipment
FILE PHOTO: Aerospace components manufactured by Amphenol are displayed at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 21, 2023. REUTERS/Benoit Tessier/File Photo (Reuters) -Amphenol forecast third-quarter results above Wall Street estimates on Wednesday, after seeing strong demand for its products such as cables, sensors and antennas, sending its shares up 4%. Massive investments by technology and defense firms in new technologies like artificial intelligence, which require significant computing infrastructure, have boosted demand for Amphenol's equipment. The company's communications solutions segment, which makes high-speed cable and antennas, reported sales of $2.91 billion in the second quarter, more than doubling its sales from a year ago. Total second-quarter sales were $5.65 billion, above estimates of $5.04 billion, according to data compiled by LSEG. The Connecticut-based company forecast third-quarter revenue between $5.4 billion and $5.5 billion, a growth of about 34% to 36% from a year ago. Analysts expected $5.25 billion. Amphenol also projected quarterly adjusted earnings per share between 77 cents and 79 cents, above expectations for 69 cents. Amphenol provides high-speed cables, sensors and antenna solutions for end markets such as automotive, commercial aerospace, defense, industrial and data communications. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Sahal Muhammed)
