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Atkore posts first sales growth since 2022 with strong Q2 results and $90 price target.

Company Fundamentals
14 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Atkore Inc. reported a 4.2% year-over-year increase in net sales for Q2 FY26, marking its first quarterly sales growth since 2022. The company improved margins and operational efficiency through portfolio simplification, divestitures, and facility closures, focusing on domestic electrical infrastructure. Growth in data center electrification products drove double-digit gains, with management expecting continued mid-single-digit organic volume growth. Analysts rate Atkore as a Buy with a $90 price target, indicating a 22% upside compared to peers.

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