Amentum (NYSE:AMTM) Updates FY 2026 Earnings Guidance

Amentum (NYSE:AMTM) issued an update on its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 2.400-2.500 for the period, compared to the consensus EPS estimate of 2.410. The company issued revenue guidance of $13.8 billion-$14.0 billion, compared to the consensus revenue estimate of $14.2 billion.

Wall Street Analysts Forecast Growth

AMTM has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Citizens Jmp reissued a “market outperform” rating and set a $40.00 price target on shares of Amentum in a research report on Monday, April 13th. Truist Financial restated a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Amentum in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $32.00.

Amentum Trading Down 1.4%

Shares of AMTM opened at $24.42 on Tuesday. Amentum has a one year low of $19.80 and a one year high of $38.11. The stock has a 50-day moving average price of $21.88 and a 200 day moving average price of $26.08. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market capitalization of $5.97 billion, a P/E ratio of 40.70, a P/E/G ratio of 0.72 and a beta of 0.30.

Amentum (NYSE:AMTM) last released its earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The company had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.57 billion. During the same period in the prior year, the business posted $0.56 EPS. The business’s revenue was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Sell-side analysts forecast that Amentum will post 2.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Amentum

Several hedge funds and other institutional investors have recently modified their holdings of AMTM. IFM Investors Pty Ltd acquired a new position in Amentum in the first quarter worth about $411,000. Cetera Investment Advisers bought a new position in Amentum during the 2nd quarter worth approximately $335,000. JPMorgan Chase & Co. grew its position in shares of Amentum by 4.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 91,322 shares of the company’s stock worth $2,156,000 after acquiring an additional 3,608 shares in the last quarter. M&T Bank Corp acquired a new position in shares of Amentum in the 2nd quarter worth approximately $241,000. Finally, Gabelli Funds LLC bought a new stake in shares of Amentum in the 2nd quarter valued at approximately $592,000. Institutional investors own 39.93% of the company’s stock.

About Amentum

Amentum is a government services provider specializing in mission-critical solutions for defense, federal civilian and commercial customers around the globe. The company delivers integrated services that span the full lifecycle of complex programs and facilities, including engineering, program and project management, logistics, operations, maintenance and environmental remediation.

Core offerings include infrastructure support, energy and facilities management, environmental solutions and nuclear services.