AMETEK stock carries 15 percent Q2 revenue growth into October

Published on 10/07/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMETEK stock was trading at USD 248.46 on October 7, 2026, while Q2 revenue reached USD 2.04 billion. The company raised its 2026 EPS guidance to USD 8.20-8.30.

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AMETEK stock (ISIN US0311001004) was trading at USD 248.46 on the NYSE on October 7, 2026, at 9:59 a.m. ET. The industrial technology company enters the next reporting cycle with Q2 2026 revenue of USD 2.04 billion, up 15 percent from the prior-year quarter, and adjusted EPS of USD 2.09, up 17 percent.

Q2 growth reaches double digits

According to Yahoo Finance in the August 4, 2026 earnings call, AMETEK generated record Q2 sales of USD 2.04 billion and operating income of USD 544 million, up 18 percent from Q2 2025. Operating margin reached 26.6 percent, an increase of 60 basis points.

The order picture was even stronger. AMETEK reported orders of USD 2.3 billion, up 28 percent year over year, while backlog reached USD 4.11 billion. Free cash flow rose 37 percent to USD 452 million, giving the company additional capacity for acquisitions and capital deployment.

Guidance moves above the prior range

AMETEK's 2026 adjusted EPS guidance is now USD 8.20-8.30, compared with the previous USD 7.94-8.14 range, according to Yahoo Finance. The company also guided to third-quarter adjusted EPS of USD 2.08-2.10 and projected full-year sales growth of 10 percent.

The combination of higher orders and a larger backlog matters because it gives the revenue outlook support beyond a single quarter. AMETEK also said its Q2 core margin increased 110 basis points, with the Electromechanical Group delivering a 290-basis-point improvement.

Analysts see further upside

MarketBeat reported on October 5, 2026, that KeyCorp maintained an Overweight rating and a USD 295 price target after issuing higher FY2027 EPS estimates of USD 9.73. The same MarketBeat report lists a Moderate Buy consensus from 17 analysts and an average target of USD 266.69, which lies 7.3 percent above the USD 248.46 quote.

Robert W. Baird raised its target from USD 275 to USD 280 while retaining a Neutral rating, according to MarketBeat. The target revisions contrast with the October 7 quote, which stood 4.9 percent below AMETEK's 52-week high of USD 261.16.

AMETEK stock stays near its yearly high

AMETEK stock was trading at USD 248.46 on the NYSE on October 7, 2026, at 9:59 a.m. ET, with a market capitalization of USD 56.9 billion and volume of 55,989 shares. The 52-week range was USD 179.24 to USD 261.16, leaving the shares closer to the high than the low.