Citi raises target for AMETEK stock to USD 263.00-,

Published on 10/13/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter sales reached USD 2.04 billion, up 15.00 percent year over year. AMETEK stock stood at EUR 224.15 on October 13, 2026.

Key points in brief

Citi raised its AMETEK price target from USD 261.00 to USD 263.00 on October 12, 2026.
Second-quarter revenue reached USD 2.04 billion, up 15.00 percent year over year.
AMETEK was quoted at EUR 224.15 at Lang & Schwarz on October 13, 2026 at 11:22 a.m. CEST.
Third-quarter results are scheduled for October 29, 2026.

NYSE-Handelssaal mit AME-Ticker-Anzeigen und Elektroniksektor-Kursverläufen für AMETEK Inc — AMETEK Inc. NYSE Handelssaal mit AME Ticker und Elektroniksektor Charts, gehandelt unter ISIN US0311001004, Illustration mit AI erstellt.

AMETEK (ISIN US0311001004) was quoted at EUR 224.15 at Lang & Schwarz on October 13, 2026 at 11:22 a.m. CEST, while Citi raised its price target from USD 261.00 to USD 263.00 on October 12, 2026. The adjustment keeps a Neutral rating and gives the latest analyst update a concrete, but limited, valuation step.

Target moves by USD 2

As Business Insider reported on October 12, 2026, Citi analyst Andrew Kaplowitz lifted the target to USD 263.00 from USD 261.00 and retained a Neutral rating. The USD 2.00 increase equals 0.77 percent against the former target, a modest revision that leaves execution and upcoming results central to the valuation debate.

AMETEK's second-quarter performance supplied the operating backdrop. The company generated USD 2.04 billion in sales in the second quarter of 2026, up 15.00 percent from the same period of 2025, while diluted earnings per share reached USD 2.09, up 17.00 percent year over year, according to the Yahoo Finance transcript dated August 4, 2026.

What supports the target?

Orders reached USD 2.30 billion in the second quarter of 2026, up 28.00 percent from the prior year, and the backlog stood at USD 4.11 billion, according to the same transcript. Operating income was USD 544.00 million, up 18.00 percent year over year, while the operating margin reached 26.60 percent, up 0.60 percentage points.

Management also raised its fiscal 2026 diluted earnings-per-share outlook to USD 8.20-8.30 from USD 7.94-8.14, as reported in the transcript. The updated range represents a floor increase of USD 0.26 and a ceiling increase of USD 0.16, giving the analyst target a results-based reference rather than a standalone market call.

Next results arrive October 29

MarketBeat lists October 29, 2026 as AMETEK's next earnings date. That report will test the company's fiscal 2026 outlook and provide the next reported comparison for revenue, earnings and order momentum.

Three dated catalysts

On August 4, 2026, AMETEK reported second-quarter sales of USD 2.04 billion and diluted earnings per share of USD 2.09. On October 6, 2026, Zacks Research upgraded the stock from Hold to Strong Buy, according to MarketBeat. On October 12, 2026, Citi raised its target from USD 261.00 to USD 263.00.

Stock quote and trading context

AMETEK was trading at EUR 224.15 at Lang & Schwarz on October 13, 2026 at 11:22 a.m. CEST. The primary U.S. listing is on the NYSE in USD, where finance data showed a market capitalization of USD 57.3 billion and a 52-week range of USD 179.79 to USD 261.16 as of October 12, 2026.

The further course of trading is shown by the continuously updated real-time quote of AMETEK stock.