Bitcoin price today: steady near $92k after sharp losses; Fed caution weighs
Investing.com - KeyBanc Capital Markets raised its price target on Advanced Energy Industries (NASDAQ:AEIS) to $240.00 from $195.00 on Wednesday, while maintaining an Overweight rating on the stock.
The research firm cited multiple growth drivers for the power solutions provider, highlighting that datacenter business will double this year and is expected to grow an additional 25-30% next year.
KeyBanc noted that Advanced Energy anticipates its Semiconductor segment to ramp up in the second half of 2026, driven by new product share gains supporting leading-edge investments.
The firm also pointed to expected sequential growth in the company’s Industrial & Medical segment, which should benefit from the design win pipeline and market recovery.
KeyBanc expressed confidence in Advanced Energy’s operational outlook, noting the company expects to reach its initial 40% gross margin goal in the near term despite tariffs and datacenter mix, with additional potential for mergers and acquisitions supported by the company’s net cash balance sheet.
In other recent news, Advanced Energy Industries Inc. announced its third-quarter 2025 earnings, which exceeded analysts’ expectations. The company reported an earnings per share (EPS) of $1.74, surpassing the forecasted $1.47. Additionally, Advanced Energy’s revenue reached $463 million, which also exceeded projections of $441.62 million. Despite these positive financial results, the stock experienced a decline in after-hours trading. The market’s reaction was unexpected given the company’s strong performance in both earnings and revenue. These developments highlight the importance of understanding market dynamics beyond just financial metrics. Investors and analysts will likely continue to monitor Advanced Energy’s performance closely.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.