The Keysight Technologies, Inc. (NYSE:KEYS) has reportedly received a consensus rating of \"Moderate Buy\" by various brokerages. This follows impressive Q2 fiscal year 2025 earnings, resulting in JP Morgan increasing the company's price target to $177. The earnings point to a revenue growth of US$1.31 billion, with the EPS showing a significant growth of 20% to $1.70. Consequently, many investment entities including Tidal Investments LLC, Royal Bank of Canada, and Steven Cohen have made notable purchases of KEYS shares.
The firm's performance is a demonstration that they are riding the AI wave rather than wading through uncertain conditions. As such, their financial results indicate that they are surpassing expectations, which resulted in a price target increase amid market concerns. As part of their future plans, KEYS predicts significant Q3 revenue growth and even raised their growth forecast.
Interestingly, following the promising Q2 results, the company's shares experienced a gap up on better-than-expected earnings, suggesting investor confidence in the company's growth trajectory.
Keysight Technologies KEYS News Analytics from Mon, 16 Dec 2024 08:00:00 GMT to Sat, 24 May 2025 23:46:34 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor -5
