Eaton Corporation

Eaton reported Q3 revenue of $8.95 billion, up 28% year‑over‑year, and adjusted EPS of $3.68, topping estimates, led by 65% data center revenue growth and strong performance in Electrical Americas and Electrical Global. Management raised full‑year organic growth and EPS guidance, citing record backlog, accelerating orders and benefits from the Boyd Thermal acquisition. Aerospace lagged on revenue but delivered better‑than‑expected profit; Mobility is being separated in early 2027 to improve overall growth metrics. The results support a potential bottom in the stock amid broader AI‑trade volatility, with the firm reiterating a $450 price target. » Mere på cnbc.com

UBS upgrades Eaton from "Neutral" to "Buy" and raises the price target from $450 to $515, citing significantly improved margin and earnings growth forecasts. The bank expects a marked margin recovery from Q3 2026, forecasts 2028 EPS of $19.95, and predicts revenue growth of about 46% over the next two years. Eaton had already reported Q2 results above expectations, driven by strong demand from its data center business, and other analysts also raised their price targets. » Mere på de.investing.com

Eaton has appointed Shawn Black, effective Monday, as president of its Aerospace Group. Black reports to Pete Denk and brings more than 20 years of experience in the aerospace and defense industry, most recently as president of defense at GKN Aerospace and previously holding leadership roles at Cobham and DRS Technologies. Eaton’s Aerospace Group supplies systems and services for civil and military aircraft; the company generated $27.4 billion in revenue in 2025. » Mere på de.investing.com

The Eaton Corporation share climbed to a new all-time high of $458.20 (current price $457.69) and shows a 1-year performance of 25.44% and a year-to-date return of nearly 41%. For Q2/2026 the company reported adjusted earnings per share of $3.15 (expectation $3.07) and record revenue of $8.5 billion, after which the annual guidance was raised. Analysts raised ratings: Bernstein SocGen confirmed “Outperform” with a price target of $534, Evercore ISI upgraded to “Outperform” and set a target of $502. InvestingPro rates the stock as overvalued; Eaton has increased its dividend for 16 consecutive years. » Mere på de.investing.com

Eaton supplies switchgear, power distribution, UPS and cooling equipment for data centers and said its U.S. data‑center backlog reached 307 GW, equivalent to about 15 years of work at 2025 build rates. Only ~20% of that backlog is expected to convert near term, with most deliveries stretching into 2028 and beyond, reflecting grid interconnection, permitting and supply constraints. The large, long‑dated pipeline gives Eaton rare multi‑year revenue visibility as demand for AI‑ready infrastructure grows. » Mere på finance.yahoo.com