Goldman Sachs Raises Amphenol Price Target to $116 on AI Infrastructure Boom

Key Facts

1Goldman Sachs raised its price target for Amphenol to $116 from $102 while maintaining a Buy rating.

2Communications Solutions revenue surged 85% year-over-year to $5.38 billion, driven by AI data center demand.

3The company achieved record orders of $10.70 billion with an adjusted operating margin of 29.80%.

Goldman Sachs raised its price target for Amphenol to $116 from $102 while maintaining a Buy rating. Financial Modeling Prep reported that the upgrade followed an 85% year-over-year surge in Communications Solutions revenue to $5.38 billion, fueled by demand from AI data centers.

The company achieved record orders of $10.70 billion with an adjusted operating margin of 29.80%, demonstrating strong operational efficiency amid the AI infrastructure expansion. Amphenol (APH) closed at $87.27 on October 5, 2026, while Goldman Sachs (GS) closed at $893.46 on the same date.