JPMorgan cuts target for ESCO Technologies stock to USD 350.00

Published on 10/17/2026 at 21:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales rose 14.00 percent to USD 339.03 million. ESCO Technologies stock costs USD 249.12 on October 16, 2026, down 1.40 percent versus NYSE prior close.

Analyst target and results

JPMorgan reduced its ESCO Technologies target from USD 420.00 to USD 350.00 on October 13, 2026.
Third-quarter sales rose 14.00 percent to USD 339.03 million on August 6, 2026.
ESCO Technologies stock closed at USD 249.12 on October 16, 2026 at 4:00 p.m. EDT, down 1.40 percent versus the NYSE prior close.
The next earnings date is November 19, 2026.

ESE, US2963151046, Illustration mit AI erstellt.

JPMorgan reduced its ESCO Technologies price target from USD 420.00 to USD 350.00 on October 13, 2026, while keeping an Overweight rating, according to MarketBeat. The revised target stands 40.49 percent above the USD 249.12 NYSE closing price on October 16, 2026 at 4:00 p.m. EDT, which was down 1.40 percent from the prior close.

Third-quarter results set the base

ESCO Technologies reported third-quarter sales of USD 339.03 million for the period ended June 30, 2026, an increase of 14.00 percent from USD 296.34 million a year earlier. The company also reported GAAP earnings per share of USD 1.26, up 31.25 percent from USD 0.96, while adjusted earnings per share rose 37.50 percent to USD 2.20 from USD 1.60. These figures come from the company release dated August 6, 2026, published by ESCO Technologies.

Stock position after the decline

The NYSE price stood 31.21 percent below its 52-week high of USD 362.15 and 28.62 percent above its 52-week low of USD 193.68 on October 16, 2026. The stock was up 27.50 percent year to date, while volume reached 233,581 shares against an average of 225,471.

Valuation and November date

ESCO Technologies had a market capitalization of USD 6.5 billion and a price-to-earnings ratio of 20.52 as of October 16, 2026. Its indicated dividend yield was 0.13 percent, and the next earnings date is November 19, 2026, according to Yahoo Finance.

Comparison with peers

ESE: minus 1.40 percent, P/E 20.52, market capitalization USD 6.5 billion
AMETEK (NYSE, USD): minus 0.14 percent, P/E 36.28, market capitalization USD 56.9 billion
Teledyne Technologies (NYSE, USD): minus 0.21 percent, P/E 29.87, market capitalization USD 28.7 billion

Price and investor perspective

The combination of a lower JPMorgan target and a 31.21 percent gap to the 52-week high leaves the valuation discussion tied to execution. The third-quarter figures provide a stronger operating reference, with sales growth, adjusted earnings growth and a backlog of USD 1.54 billion reported for June 30, 2026.

The closing price was USD 249.12 on the NYSE on October 16, 2026 at 4:00 p.m. EDT, down 1.40 percent versus the NYSE prior close. The next scheduled earnings date is November 19, 2026.