- Agilent Technologies exceeded Q2 earnings expectations with a significant revenue increase.
- Analysts project substantial upside potential for the stock price.
- Consensus indicates an "Outperform" rating for Agilent Technologies.
Agilent Technologies (A, Financial) achieved a Q2 Non-GAAP EPS of $1.31, outpacing forecasts by $0.05. The company reported an impressive revenue of $1.67 billion, marking a 6.4% increase from the previous year. For the full year, Agilent anticipates revenue between $6.73 billion and $6.81 billion. Looking ahead to Q3, revenue is expected to range from $1.645 billion to $1.675 billion.
Wall Street Analysts Forecast
According to projections from 17 analysts, the average one-year price target for Agilent Technologies Inc (A, Financial) is $137.36, with estimates reaching as high as $165.00 and as low as $113.20. This average target suggests an upside of 23.89% from the current stock price of $110.88. For further insights, please visit the Agilent Technologies Inc (A) Forecast page.
From the perspective of 21 brokerage firms, Agilent Technologies Inc (A, Financial) currently holds an average brokerage recommendation of 2.3, signifying an "Outperform" status. This rating is part of a scale from 1 to 5, where 1 indicates a Strong Buy and 5 represents a Sell.
According to GuruFocus estimates, the projected GF Value for Agilent Technologies Inc (A, Financial) in the upcoming year is $144.57, reflecting a potential upside of 30.38% from the current price of $110.88. The GF Value is GuruFocus' estimate of the stock's fair value, derived from historical trading multiples, past growth, and forward-looking business performance estimates. For comprehensive data, visit the Agilent Technologies Inc (A) Summary page.
