Allegion delivered a stronger-than-expected Q3 with adjusted EPS of $2.60 on $1.173B revenue and raised its full-year guidance. Bank of America upgraded ALLE to Buy with a $200 target, citing accelerating organic growth and improved visibility into 2027, while other firms lifted forecasts. The combination of data-center demand and higher pricing supports continued momentum into 2027, though residential volumes remain challenged.
Allegion reported Q1 earnings of $1.86, surpassing estimates. Sales reached $941.90 million, exceeding analyst expectations. The company affirmed FY2025 EPS guidance of $7.65-$7.85. Shares dipped 1.5% to $137.38 after the report. Analysts adjusted price targets, with mixed ratings.
