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Investing.com - Jefferies maintained its Hold rating on Invesco (NYSE:IVZ) while raising its price target to $21.00 from $16.00 following the asset manager’s second-quarter 2025 results. The stock, currently trading at $21.25, is approaching its 52-week high of $21.68, having delivered an impressive 25.89% return in the past week. According to InvestingPro data, the company appears fairly valued at current levels.
The investment bank increased its 2025 earnings per share estimate slightly from $1.81 to $1.82, while making a more substantial revision to its 2026 EPS forecast, which rose from $2.00 to $2.23.
Jefferies attributed the larger 2026 estimate increase primarily to Invesco’s QQQ announcement, partially offset by expectations for a higher tax rate.
The firm noted that momentum across Invesco’s business is improving as the company continues to execute well on its strategy.
Despite the positive execution, Jefferies observed that fund flow trends still favor Invesco’s lower-fee product suite, which impacts the company’s revenue potential.
In other recent news, Invesco Plc reported its second-quarter 2025 earnings, showing a mixed financial performance. The company achieved a significant revenue increase, reaching $1.51 billion, surpassing the forecasted $1.1 billion by 37.27%. Despite this revenue success, Invesco’s earnings per share (EPS) fell short of expectations, coming in at $0.36 compared to the anticipated $0.40. These results highlight a strong revenue performance but also reveal challenges in meeting EPS projections. The earnings announcement has prompted a varied reaction from the market. Analysts may continue to assess the implications of these earnings results on Invesco’s future financial health. Investors will be watching closely for any further updates or insights from analyst firms regarding potential impacts on the company’s outlook.
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