Keysight Technologies, Inc. (KEYS) is a global supplier of electronic design and test instrument equipment and software.
The company recently reported strong earnings for the first quarter of 2022. Revenues increased 6% year-over-year to $1.25 billion. Meanwhile, adjusted earnings per share came in at $1.65, up from $1.43 in the year-ago quarter.
For the second quarter of fiscal 2022, Keysight anticipates revenue of $1.29-$1.31 billion. Non-GAAP earnings are estimated to range between $1.63 and $1.69 billion.
With all of this in mind, let’s look at the risk factors for Keysight Technologies using the new Tipranks’ Risk Factors tool.
Risk Factors
Keysight Technologies’ main risk category is Macro & Political, which accounts for 10 of the total 40 risks identified. Finance & Corporate takes the second place category, which accounts for 9 risks.
In its recent report, the organization has added one new risk under the Macro & Political category. The company said, “Volatile geopolitical turmoil, including popular uprisings, regional conflicts, terrorism, and war could result in market instability, which could negatively impact our business results.”
Keysight Technologies is a firm that sells products and services all over the world. Here, the corporation warns the investors that because it is a global company, any sort of high-profile political instability might have an impact on its operations. The business notifies investors that the current uptick in regional crises, such as Russia’s invasion of Ukraine and the escalating tensions between China and Taiwan, might result in a slew of severe issues.
Furthermore, the company’s ability to conduct business with these nations may be limited as a result of political instability. It may also result in the suspension of activities in sanctioned nations. Over the long-term, these international disputes might result in higher production costs, order cancellations, and market volatility, among other things, all of which could have a negative influence on the company’s financial results.
Wall Street’s Take
Turning to Wall Street, the stock has a Moderate Buy consensus rating, based on 3 Buys and 2 Holds. The average KEYS price target of $205.40 implies 35.4% upside potential to current levels.
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