- Keysight Technologies surpasses Q2 expectations with impressive financial results.
- Analyst forecasts project further upside potential for KEYS stock.
- GuruFocus metrics provide insight into the fair value of KEYS shares.
Keysight Technologies (KEYS, Financial) has delivered a remarkable performance in the second quarter, capturing the attention of investors and analysts alike. Reporting Non-GAAP EPS of $1.70, the company exceeded market expectations by $0.05. The revenue for this quarter reached $1.31 billion, marking a 7.4% increase compared to the previous year and surpassing estimates by a significant $30 million. As we look to the future, Keysight has projected Q3 revenues to fall within the range of $1.305 billion to $1.325 billion, signaling steady growth.
Wall Street Analysts Forecast
According to predictions from 11 analysts, the average one-year price target for Keysight Technologies Inc (KEYS, Financial) is set at $181.65. This forecast includes a high estimate of $200.00 and a low of $156.12. These figures suggest an appealing upside of 11.58% from the current market price of $162.80. Investors seeking more comprehensive estimate data can visit the Keysight Technologies Inc (KEYS) Forecast page for detailed insights.
The consensus from 13 brokerage firms positions Keysight Technologies Inc (KEYS, Financial) with an average brokerage recommendation of 2.1, denoting an "Outperform" status. The ratings framework ranges from 1 for Strong Buy to 5 for Sell, indicating market confidence in KEYS's potential to exceed market expectations.
GF Value Insight
GuruFocus analytics estimates the GF Value for Keysight Technologies Inc (KEYS, Financial) in one year to be $164.36. This projection represents a modest upside of 0.96% from the current share price of $162.80. GF Value reflects GuruFocus' assessment of the stock's fair market value, calculated through historical trading multiples, past business growth, and future performance expectations. Investors can access further data on the Keysight Technologies Inc (KEYS) Summary page to make more informed investment decisions.
