JPMorgan has revised its price target for Keysight Technologies (KEYS, Financial), lowering it from $200 to $172 while maintaining an Overweight rating. The adjustment reflects updated assessments of the hardware and networking sectors in light of current economic uncertainties.
The revised estimate takes into account potential impacts of tariffs and anticipates a broader economic slowdown. This downturn is expected to result in reduced demand from multiple customer groups, including consumers, enterprises, and telecommunications companies.
JPMorgan's analysis incorporates anticipated demand moderation in its forecasts, highlighting the influence of macroeconomic factors on Keysight Technologies' market performance. Despite these challenges, the firm continues to have a positive stance on the stock's long-term prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Keysight Technologies Inc (KEYS, Financial) is $183.18 with a high estimate of $200.00 and a low estimate of $156.12. The average target implies an upside of 35.90% from the current price of $134.79. More detailed estimate data can be found on the Keysight Technologies Inc (KEYS) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Keysight Technologies Inc's (KEYS, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Keysight Technologies Inc (KEYS, Financial) in one year is $163.80, suggesting a upside of 21.52% from the current price of $134.79. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Keysight Technologies Inc (KEYS) Summary page.
