Summary:
- Keysight Technologies and Spirent Communications are merging, pending regulatory clearance in China.
- The anticipated sale of Spirent's assets to VIAVI Solutions is part of the merger agreement.
- Analysts project a potential upside for Keysight Technologies' stock following the merger.
Merger Overview
Keysight Technologies (NYSE: KEYS) and Spirent Communications are set to merge, following an agreement with the U.S. Department of Justice. To comply with the agreement, Spirent will divest its high-speed ethernet, network security, and channel emulation businesses to VIAVI Solutions (NASDAQ: VIAV) or a designated buyer. The deal is projected to finalize by the third quarter of Keysight's fiscal year 2025, pending necessary regulatory approvals, particularly in China.
Analyst Price Targets
According to 11 industry analysts, Keysight Technologies Inc (KEYS, Financial) has an average one-year price target of $186.43. This projection suggests a potential upside of 17.44% from the current share price of $158.76, with individual estimates ranging from $156.78 to $200.00. For an in-depth exploration of these projections, visit the Keysight Technologies Inc (KEYS) Forecast page.
Brokerage Firm Recommendations
The consensus rating from 13 brokerage firms positions Keysight Technologies Inc (KEYS, Financial) at an average recommendation of 2.1, indicating an "Outperform" status on the rating scale where 1 is a Strong Buy and 5 is a Sell.
GF Value Estimation
GuruFocus estimates place the GF Value for Keysight Technologies Inc (KEYS, Financial) one year from now at $167.79. This indicates an anticipated upside of 5.69% from the current price of $158.755. The GF Value represents GuruFocus' calculated fair value, derived from historical trading multiples, past business growth, and future performance forecasts. For further data and insights, explore the Keysight Technologies Inc (KEYS) Summary page.
