Keysight Technologies Soars to 52-Week High on Strong Earnings and 2025 Guidance

Analyst Upgrades Drive Price Target; Upside Potential of Nearly 10%

Author's Avatar
Nov 20, 2024
Summary
  • Beating analyst expectations, Keysight reports Q4 EPS of $1.65 and revenues of $1.287 billion.
  • The company provides robust guidance for Q1 2025, prompting analysts like Barclays and Baird to raise their price targets.
Article's Main Image

Keysight Technologies Inc., (KEYS, Financial), has gone 6% higher today hit its 52-week high due to a number of positive aspects. Notably, the company presents positive fourth-quarter report for both the EPS and revenues that beat analyst expectations with quarterly EPS of 1.65 against expectations of 1.57 and revenues of $ 1.287 billion against expectations of $ 1.258 billion only.

Keysight also provides strong guidance for the first quarter of fiscal year 2025. Keysight expects its revenues between $1.265 billion to $1.285 billion with the adjusted EPS between $1.65 to $1.71.

In response to this positive view several analysts have initiated price target upgrade for Keysight. For example, Barclays has raised the target from $180 to $200 per share while Baird sees Keysight would be fit between $163 to $180.

1859280562406191104.png

Based on the one year price targets offered by 11 analysts, the average target price for Keysight Technologies Inc is $176.47 with a high estimate of $200.00 and a low estimate of $158.21. The average target implies a upside of +9.75% from the current price of $160.80.

Based on GuruFocus estimates, the estimated GF Value for Keysight Technologies Inc in one year is $158.61, suggesting a downside of -1.36% from the current price of $160.80.

You can make more informed investment decisions. Visit GuruFocus today and dive deeper into Keysight's performance with Charts & Guru Insights.

Become a Premium Member to See This: (Free Trial):

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure