What changed
$ETN — Power management and electrical solutions for industries.
🎯 Q1 FY26 | Rev $7B | EPS $2.81 vs $2.73 🟢
💡 Consensus expects a deceleration in organic growth after a strong Q1 beat (EPS $2.81 vs $2.73 est, +2.9%). The company raised FY organic growth guidance to 10% from 8% at the midpoint, and Electrical Americas orders accelerated 42% on a 12-month rolling basis.
🏢 Business Quality: 8/10 | Valuation: rich
📉 Reward/Risk: Upside 10% to $413 (30x FY2027 EPS of ~$13.75) vs downside 15% to $319 (25x FY2027 EPS). Ratio ~0.67:1, unfavorable for a new long.
🔮 Catalyst: Next quarterly report (late July 2026). Key metric: Electrical Americas organic growth rate and backlog conversion. Failure signal: if organic growth guidance is not raised again or if orders decelerate sequentially.
💰 Entry: Current price $375.46 is not attractive for a new long.
Also in play: $BTBT $MARA $RIOT $CLSK $WULF