JPMorgan cuts target to USD 350.00 for ESCO Technologies stock

Published on 10/20/2026 at 19:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 revenue reached USD 339.03 million, up 14.00 percent year over year. ESCO Technologies stock costs EUR 219.00 on October 20, 2026.

Analyst target and earnings

JPMorgan cut its ESCO Technologies target from USD 420.00 to USD 350.00 on October 13, 2026.
Third-quarter revenue reached USD 339.03 million, up 14.00 percent year over year.
ESCO Technologies stock costs EUR 219.00 at Lang & Schwarz on October 20, 2026 at 6:59 p.m. CEST.
ESCO Technologies is scheduled to report its next results on November 19, 2026.

ESE, US2963151046, Illustration mit AI erstellt.

JPMorgan Chase cut its ESCO Technologies price target from USD 420.00 to USD 350.00 on October 13, 2026, while maintaining an overweight rating, according to MarketBeat. ESCO Technologies stock was trading at EUR 219.00 at Lang & Schwarz on October 20, 2026 at 6:59 p.m. CEST.

Third-quarter sales set the baseline

ESCO Technologies reported USD 339.03 million in third-quarter revenue for the period ended June 30, 2026, up 14.00 percent from the prior-year quarter. Adjusted earnings per share rose 37.50 percent to USD 2.20, while adjusted EBIT margin improved 90 basis points to 22.00 percent, Benzinga reported on October 13, 2026.

Stock remains below its yearly high

The NYSE-listed stock last stood at USD 246.25 on October 20, 2026 at 1:04 p.m. EDT. Its 52-week range was USD 193.68 to USD 362.15, and its year-to-date gain was 28.58 percent as of October 19, 2026. The USD 6.5 billion market capitalization and trailing P/E of 46.61 put the valuation above the companys recent earnings base.

What does the target cut mean?

At USD 246.25, the JPMorgan target of USD 350.00 stood 42.13 percent above the NYSE price on October 20, 2026. The lower target still left an overweight rating in place, but the revision reduced the target by 16.67 percent from USD 420.00. The next results date is November 19, 2026, as listed by Yahoo Finance.

Megger adds a longer-term test

ESCO completed its acquisition of Megger on October 1, 2026, adding utility testing and monitoring products to its Utility Solutions Group, according to GlobeNewswire. Management said fiscal 2027 guidance will be announced with fourth-quarter results in November. The Q3 call also cited a record backlog of USD 1.54 billion and a book-to-bill ratio of 1.21.

Dates and valuation frame the setup

For investors, the immediate question is whether the next report can support the existing fiscal 2026 adjusted earnings guidance of USD 8.30 to USD 8.40 per share. The October 13 target revision and the November 19 reporting date give the stock two concrete reference points before the company sets its fiscal 2027 outlook.

Price and investor perspective

ESCO Technologies was trading at EUR 219.00 at Lang & Schwarz on October 20, 2026 at 6:59 p.m. CEST. The euro quotation provides the German trading perspective, while the NYSE price of USD 246.25 and the USD 350.00 target show why the analyst revision remains relevant for valuation discussions. The further course of trading is shown by the continuously updated real-time quote of ESCO Technologies stock.