Analyst Consensus ?
ConsensusHold24 ratings
Bullish1041.7%
Neutral1458.3%
Bearish00.0%
Allegion plc · ALLE · FY2026 Q2 · Calendar Q3 2026
Allegion Beats on Q2 Revenue and EPS, Raises Full-Year Outlook as Americas Demand Accelerates
Allegion's Q2 2026 results confirm accelerating demand in the Americas, where mobile credential adoption in higher education and robust non-residential spec activity drove double-digit revenue growth and a high-teen EPS increase. Management raised all three full-year guidance metrics, signaling confidence that secular electronics adoption and cyclical construction tailwinds persist. The Krieger acquisition extends the product portfolio into data-center doors, opening a new vertical. The principal offset is Europe, where German demand softness prompted a restructuring program targeting $10 million in annual savings. The stock's +11.7% abnormal move on roughly triple normal volume reflects the market repricing both the beat and the higher guidance bar.
Reported Before market openNYSEIndustrials
$13.36B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.40
Consensus $2.22
EPS surprise
+8.1%
Reported versus consensus
Reported revenue
$1.15B
Consensus $1.12B
Revenue surprise
+2.9%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+10.4%
Event window
SPY move
-1.2%
Same window
Abnormal move
+11.7%
Stock minus SPY
Volume
3.0×
Versus trailing sessions
Subsequent drift
+1.6%
Up to 20 sessions
ALLESPY benchmark
Ask FN2 about ALLE FY2026 Q2
Transcript, numbers and history already loaded
Why did ALLE rise 10.4% after beating EPS estimates in FY2026 Q2?What changed in ALLE's guidance and outlook in FY2026 Q2?Give me the bull and bear case for ALLE after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Revenue grew 12.7% YoY to $1.15B, beating consensus by 2.9%. Adjusted EPS of $2.40 exceeded estimates by 8.1%. Full-year reported revenue growth outlook raised from 6-8% to 7.5-8.5%. Organic revenue growth outlook raised from 2-4% to 3.5-4.5%. Adjusted EPS outlook raised from $8.70-$8.90 to $8.85-$9.00. European restructuring announced targeting $10M in annual cost savings. Krieger Specialty Products acquisition integrated into data-center door solutions. Bullish score increased from 72 to 82 quarter-over-quarter. Stock delivered a +11.7% abnormal return on approximately 3x baseline volume.
Guidance delta
Reported revenue growth: 6-8% raised to 7.5-8.5%. Organic revenue growth: 2-4% raised to 3.5-4.5%. Adjusted EPS: $8.70-$8.90 raised to $8.85-$9.00.
Key takeaways
- Revenue grew 12.7% YoY to $1.15B, beating estimates by 2.9%; adjusted EPS of $2.40 beat by 8.1%
- Americas strength was driven by volume, pricing, and residential electronics adoption, particularly mobile credentials in higher education
- Spec activity in non-residential verticals (office, multifamily, healthcare) is at its strongest level in years
- European demand, especially in Germany, remains soft; restructuring actions target $10M in annual cost savings
- Full-year guidance raised across revenue, organic growth, and EPS
- Krieger acquisition now contributing to data-center door solutions, expanding the addressable market
Management priorities
- Expand mobile credential and electronics offerings for institutional markets
- Grow data-center door and high-technology product lines through Krieger integration
- Execute European restructuring to deliver $10M in annual cost savings
- Maintain disciplined M&A pipeline and share-repurchase program
- Leverage spec activity to drive non-residential growth through 2027
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$187.06Current
$115Low
$155.08Average
$196High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 30, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Goldman Sachs | Buy | Buy | Maintain | Oct 26, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Oct 23, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Oct 23, 2026 |
| B of A Securities | Buy | Neutral | Upgrade | Oct 23, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Aug 10, 2026 |
| Baird | Neutral | Neutral | Maintain | Jul 24, 2026 |
| Longbow Research | Buy | Neutral | Upgrade | Jun 11, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Apr 29, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Apr 1, 2026 |
| Mizuho | Neutral | Neutral | Maintain | Jul 25, 2025 |
| UBS | Neutral | Neutral | Maintain | Apr 16, 2024 |
| Vertical Research | Hold | Buy | Downgrade | Oct 19, 2023 |
| Credit Suisse | Neutral | Neutral | Maintain | Oct 28, 2022 |
| Atlantic Equities | Overweight | Overweight | Maintain | Nov 29, 2021 |
| William Blair | Perform | Market Perform | Maintain | Jun 3, 2020 |
| Imperial Capital | Neutral | Neutral | Maintain | Apr 27, 2020 |
| Berenberg | Hold | Buy | Downgrade | May 2, 2018 |
| Bank of America | Buy | Buy | Maintain | Jul 20, 2017 |
| Wolfe Research | Perform | Peer Perform | Maintain | Jul 11, 2017 |
| CLSA | Outperform | Buy | Maintain | Oct 17, 2016 |
| Bernstein | Outperform | Market Perform | Upgrade | Jan 19, 2016 |
| Susquehanna | Neutral | Neutral | Maintain | Nov 2, 2015 |
| S&P Capital IQ | Buy | Buy | Maintain | Jan 16, 2014 |
| MKM Partners | Buy | Buy | Maintain | Jan 8, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $187.06. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Morgan Stanley | Analyst unavailable | $170 | $179.2 | -9.1% | Oct 26, 2026 |
| Mizuho Securities | Brett Linzey | $180 | $176.52 | -3.8% | Oct 23, 2026 |
| Robert W. Baird | Analyst unavailable | $196 | $176.52 | +4.8% | Oct 23, 2026 |
| Evercore ISI | Alexander Virgo | $180 | $151.36 | -3.8% | Sep 22, 2026 |
| Robert W. Baird | Timothy Wojs | $170 | $154.57 | -9.1% | Jul 24, 2026 |
| Morgan Stanley | Christopher Snyder | $142 | $129.03 | -24.1% | Jun 3, 2026 |
| Robert W. Baird | Timothy Wojs | $165 | $137.86 | -11.8% | Apr 29, 2026 |
| Barclays | Analyst unavailable | $180 | $161.84 | -3.8% | Jan 7, 2026 |
| Robert W. Baird | Analyst unavailable | $190 | $177.97 | +1.6% | Oct 21, 2025 |
| Barclays | Analyst unavailable | $126 | $130.38 | -32.6% | Mar 26, 2025 |
| Barclays | Julian Mitchell | $134 | $127.42 | -28.4% | Jan 8, 2025 |
| Barclays | Julian Mitchell | $116 | $120.5 | -38.0% | Jun 4, 2024 |
| Morgan Stanley | Joshua Pokrzywinski | $115 | $112.26 | -38.5% | Jun 3, 2022 |
| Credit Suisse | Analyst unavailable | $127 | $114.23 | -32.1% | Apr 27, 2022 |
| Morgan Stanley | Analyst unavailable | $120 | $114.43 | -35.8% | Apr 27, 2022 |
| Wells Fargo | Analyst unavailable | $130 | $113.9 | -30.5% | Apr 27, 2022 |
| Barclays | Julian Mitchell | $150 | $110.13 | -19.8% | Apr 5, 2022 |
| Wells Fargo | Joseph O’Dea | $147 | $115.24 | -21.4% | Feb 16, 2022 |
| UBS | Christopher Snyder | $145 | $137.93 | -22.5% | Jul 23, 2021 |
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Start freeCompany context
Snapshot as of publicationAllegion plc engages in the provision of security products and solutions worldwide. It is operating through two segments: Allegion Americas and Allegion International. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems. It also provides services and software, such as inspection, maintenance, and repair services for its automatic entrance solutions; software as a service, including access control, platform integration, and workforce management solutions; and ongoing aftermarket services, and design…
Historical context
All ALLE earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| TXT Textron Inc. | FY2026 Q3 · Calendar Q4 2026 | +23.1% | +11.7% | Textron raises outlook as Aviation and Systems accelerate |
| HII Huntington Ingalls Industries, Inc. | FY2026 Q3 · Calendar Q4 2026 | +25.7% | +13.2% | HII Posts Record Q3 Sales and Raises Shipbuilding Outlook |
| FLS Flowserve Corporation | FY2026 Q3 · Calendar Q4 2026 | +9.0% | +11.9% | Flowserve raises EPS outlook as backlog reaches a record $3.5 billion |
| WCC WESCO International, Inc. | FY2026 Q3 · Calendar Q4 2026 | +23.0% | +5.6% | Wesco raises 2026 outlook as data-center demand accelerates |
| GFL GFL Environmental Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.2% | +3.3% | GFL raises 2026 guidance as SECURE synergies lift Q3 |
| DRS Leonardo DRS, Inc. | FY2026 Q3 · Calendar Q4 2026 | +30.0% | +11.7% | Leonardo DRS raises FY26 outlook as backlog reaches $5.6 billion |
Latest beats and misses
Who reports nextBeat on EPS
- TROWFY2026 Q3 · October 29, 2026+8.7% EPS+2.5% move
- TXTFY2026 Q3 · October 29, 2026+23.1% EPS+11.7% move
- BMYFY2026 Q3 · October 29, 2026+22.7% EPS+1.4% move
- DTMFY2026 Q3 · October 29, 2026+2.7% EPS+1.7% move
- TAKFY2026 Q2 · October 29, 2026+251.7% EPS-0.7% move
- BLDRFY2026 Q3 · October 29, 2026+42.5% EPS+12.8% move
Missed on EPS
- STMFY2026 Q3 · October 29, 2026-7.5% EPS+3.0% move
- SCIFY2026 Q3 · October 28, 2026-2.1% EPS-8.7% move
- AMFY2026 Q3 · October 28, 2026-5.6% EPS+3.7% move
- INGFY2026 Q3 · October 29, 2026-5.1% EPS-2.0% move
- AMPFY2026 Q3 · October 29, 2026-4.3% EPS+1.7% move
- AMRZFY2026 Q3 · October 28, 2026-1.0% EPS+3.9% move
Get the ALLE recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-07-23T17:04:17.127230+00:00
- FN2 earnings calendar · 2026-07-31T01:23:16.182055+00:00
- Polygon adjusted daily market bars · 2026-07-31T12:11:58.049183+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-31T12:11:58.046394+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-07-31. For educational purposes only; not investment advice.