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Investing.com - Evercore ISI raised its price target on Agilent (NYSE:A) to $155.00 from $140.00 while maintaining an "In Line" rating on the stock. The new target is just slightly above Agilent’s current price of $153.60, with the stock trading near its 52-week high of $153.84 and showing impressive momentum with a 42% price return over the past six months.
The research firm highlighted Agilent’s strong performance, noting double-digit growth in liquid chromatography (LC) and teens growth in LC/MS (liquid chromatography-mass spectrometry).
Evercore ISI indicated that Agilent has "turned the corner" regarding market share concerns and is well-positioned heading into fiscal year 2026.
The firm also noted that Agilent was the first life sciences tools company to quantify the benefit from onshoring at $1 billion over the next five years.
Evercore ISI’s new price target of $155 represents approximately 26 times calendar year 2026 price-to-earnings and 21 times EBITDA, though the firm did express some concerns about tax headwinds and soft free cash flow conversion.
In other recent news, Agilent Technologies reported its fourth-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $1.59, slightly above the forecast of $1.58. The company also exceeded revenue predictions, reaching $1.86 billion, which was $30 million more than anticipated. These results highlight Agilent’s strong financial performance in the recent period. Additionally, the company’s stock saw a positive reaction following the earnings announcement. However, it’s important to note that stock price movements are not the focus here. These developments are part of Agilent’s ongoing financial trajectory. Keep an eye on future reports for further insights into the company’s performance.
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