BNP Paribas Exane raises target for AMETEK stock from USD 280.00 to USD 290.00

Published on 10/02/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMETEK posted USD 2.09 adjusted EPS versus USD 1.99 consensus in its second quarter. AMETEK stock cost EUR 224.35 on October 2, 2026 versus EUR 221.55.

Aquarell des modernen Unternehmenshauptsitzes von AMETEK Inc. in Pennsylvania — AMETEK Inc. Hauptquartier in Pennsylvania als stimmungsvolles Aquarellgemälde dargestellt, ISIN US0311001004 repräsentiert, Illustration mit AI erstellt.

AMETEK Inc. (ISIN US0311001004) received a higher price target from BNP Paribas Exane, which lifted its target from USD 280.00 to USD 290.00 on September 11, 2026, while maintaining an Outperform rating. The analyst action followed the closing of AMETEK's Indicor deal and puts valuation against a company that delivered strong second-quarter results.

Target rises on deal completion

According to Investing.com on September 11, 2026, BNP Paribas Exane raised its AMETEK target to USD 290.00 from USD 280.00 and kept the Outperform rating. The report said the revised estimates reflected the completed Indicor transaction, while its 2028 base case projected earnings per share of USD 10.60 against consensus of USD 9.95.

The target change is the clearest recent analyst catalyst for AMETEK stock. It also raises the bar for integration: the investment case now depends on the acquired business adding to the company's established growth model rather than only expanding its revenue base.

Second-quarter figures set the benchmark

MarketBeat reported on September 23, 2026 that AMETEK delivered adjusted earnings per share of USD 2.09 in the second quarter of 2026, above the USD 1.99 consensus estimate. Revenue reached USD 2.04 billion, up 15.00 percent from the same quarter of 2025, and the company guided for fiscal 2026 earnings per share of USD 8.20 to USD 8.30.

The comparison matters because the earnings beat and revenue growth support the higher analyst target with operating evidence. MarketBeat also reported a quarterly dividend of USD 0.34 per share, while the consensus target stood at USD 266.69 and the consensus rating was Moderate Buy from 17 analysts on September 23, 2026.

Stock remains below its yearly high

AMETEK stock was trading at EUR 224.35 at Lang & Schwarz on October 2, 2026 at 1:01 p.m. CEST, up 1.26 percent versus the Lang & Schwarz prior close of EUR 221.55 dated October 1, 2026. The primary listing is NYSE under ticker AME, and the USD 179.24 to USD 261.16 52-week range and USD 57.1 billion market capitalization were reported as of October 2, 2026.

AMETEK operates in industrial technology through electronic instruments and electromechanical products. Global Banking and Finance Review identifies AMETEK under ticker AME and ISIN US0311001004 and places it in the industrials sector.

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