Morgan Stanley has upgraded Amentum Holdings Inc (AMTM) to Equal-Weight from Underweight, signaling a shift in analyst sentiment towards the company. This move underscores a more optimistic view of Amentum's prospects, which may reflect improved fundamentals or better-than-expected business performance.
Amentum, a provider of mission-critical, technology-driven services in government and commercial markets, has seen its stock price at $29.33 following this rating change. The company, headquartered in Chantilly, Virginia, employs 53,000 full-time staff and went public on September 24, 2024. Its offerings span a range of capabilities including intelligence and counter-threat solutions, engineering, and environmental services.
As of November 1, 2025, the analyst consensus for Amentum includes 3 Strong Buy, 7 Buy, 5 Hold, and 1 Sell ratings, with a consensus rating of Buy. The company's market capitalization stands at $6.2 billion, with a P/E ratio of 118.26 and an EPS of 0.16.
The recent upgrade aligns with a strong earnings performance, highlighted by a Q4 2025 EPS of $0.63, surpassing estimates by 4.4%. Such decisions reflect a broader confidence in Amentum's strategic direction and operational capabilities, although investors should consider multiple factors, including industry trends and individual financial goals, when evaluating these ratings.
Analyst ratings can change as new information emerges, and differing opinions among analysts may arise, making it essential for investors to utilize these insights as part of a comprehensive assessment rather than the sole basis for investment decisions.