PC Connection stock hits all-time high at 93.89 USD
PC Connection Inc. stock broke its all-time high, trading at $93.89. This represents a 1% dip from its 52-week peak of $93.46, yet the stock has still delivered an impressive year-to-date gain of 61.65%. Over the past 12 months, the share price has surged 51.22%, showcasing the company's robust performance and investor confidence.
Despite being labeled overvalued by InvestingPro analysis, the Relative Strength Index (RSI) suggests the stock is in overbought territory. Investors can explore 13 more ProTips and detailed financial insights on the platform. This milestone highlights PC Connection's strong market position and potential for continued growth. In a recent quarter, the company surpassed analyst expectations, reporting second-quarter 2026 results with diluted earnings of $1.31 per share.
Net sales surged 12.4% to $854 million, marking a record quarter in terms of net sales, gross billings, gross profit, operating income, and net income. The company's management noted a shift in enterprise customer spending from AI testing to broader deployment of infrastructure and services. While revenue might dip slightly in Q3 compared to Q2, year-over-year growth is expected to stay in the high single digits.
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