Keysight's Spirent Acquisition And Cyclical Recovery To Drive 12% EPS Growth In FY25; JP Morgan Upgrades Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2024
0mins
Source: Benzinga
Analyst Upgrade: JP Morgan analyst Samik Chatterjee upgraded Keysight Technologies to Overweight and raised the price target from $170 to $200, citing expectations of increased demand and a cyclical recovery through 2025, particularly following the Spirent acquisition.
Positive Growth Forecast: The analyst anticipates stronger revenue growth in FY25, with a projected 12% EPS growth, driven by broader demand beyond AI, lower capital costs, and increased spending from telecom and semiconductor sectors.
Analyst Views on KEYS
Wall Street analysts forecast KEYS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KEYS is 222.30 USD with a low forecast of 205.00 USD and a high forecast of 232.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 215.720
Low
205.00
Averages
222.30
High
232.00
Current: 215.720
Low
205.00
Averages
222.30
High
232.00
About KEYS
Keysight Technologies, Inc. specializes in the computing, communications and electronics market. Its portfolio of hardware, software, and services enables its customers’ engineering workflows as they design, manufacture, deploy, and optimize their products and solutions. Its segments include Communications Solutions Group (CSG) and Electronic Industrial Solutions Group (EISG). CSG solutions consist of electronic design and test software, instrumentation, systems, and related services, serving customers across the global commercial communications and aerospace, defense, and government end markets. EISG solutions consist of electronic design, test and simulation software, optical design and photonics simulation tools, instrumentation, systems, and related services, serving customers across a diverse set of end markets focused on automotive and energy, semiconductor solutions, and general electronics. Its product categories include oscilloscopes, and digital multimeters, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
