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Should ALNT Stock Be in Your Portfolio After a 143% Surge in a Year?

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Key Takeaways

  • Allient shares surged 143% in a year as execution, demand and earnings expectations improved.
  • Q2 orders jumped 49% to a record $201.3M, while backlog rose to $298M from $236.6M a year earlier.
  • Gross margin hit a record 34.9% in Q2, while 2026 EPS estimates rose 10.5% to $2.73 in 60 days.

Allient Inc.’s (ALNT - Free Report) shares have surged 143% over the past year against the industry’s decline of 12.1%. It has outperformed peers like Forgent Power Solutions, Inc. (FPS - Free Report) and CTS Corporation (CTS - Free Report) . While Forgent has gained 32.8%, CTS has risen 44.2% during this period.

The company has emerged as one of the stronger performers in the electronics space. The rally is largely driven by diligent execution of operational plans, healthy demand across key end markets and rising earnings expectations. 

One-Year ALNT Stock Price Performance

Zacks Investment Research
Image Source: Zacks Investment Research

ALNT’s Growth Engines Look Strong

Allient delivered an impressive second-quarter 2026, with revenues rising 10% year over year to $153.8 million. Organic revenues, on a constant-currency basis, increased 9%. Adjusted earnings jumped roughly 40% to 80 cents per share, while adjusted EBITDA climbed 18% to $23.7 million.

Demand trends were equally encouraging. Orders surged 49% year over year to a record $201.3 million, resulting in a book-to-bill ratio of 1.31. Backlog reached $298 million at the end of June, up from $236.6 million a year earlier. Management expects most of this backlog to convert into revenues within three to nine months, providing solid visibility into the second half of 2026 and early 2027.

Margin Expansion Lends Support

Allient’s Simplify to Accelerate NOW (STAN) initiative is improving profitability. Gross margin expanded 170 basis points (bps) year over year to a record 34.9% in the second quarter, while operating margin improved 180 bps to 10.2%. Better mix, higher volumes and operational improvements supported the expansion.

The balance sheet is improving as well. Total debt fell to $173.3 million at the end of June from $180.4 million at 2025-end. The leverage ratio improved to 1.63 times, giving the company greater financial flexibility to invest in growth opportunities.

Estimate Trend

Earnings estimates for ALNT for fiscal 2026 have moved up 10.5% to $2.73 over the past 60 days. Such positive estimate revisions indicate growing confidence in ALNT’s earnings potential.

Zacks Investment Research
Image Source: Zacks Investment Research

Should You Buy ALNT Stock Now?

Allient’s record orders, expanding backlog, data center momentum and margin improvement create a favorable growth setup. Rising earnings estimates further support the fundamental story. Prospective investors can consider betting on the stock now. 

ALNT sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

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