Home / Business and Economy / Agilent Stock Surges on Strong Q2 Results
Agilent Stock Surges on Strong Q2 Results
22 Aug
Summary
- Agilent's Q2 revenue grew 10% year-over-year to $1.83 billion.
- The company raised its fiscal 2026 revenue and EPS guidance.
- Analysts maintain a 'Moderate Buy' consensus rating for the stock.
Agilent Technologies, a leader in laboratory technologies with a $43.9 billion market cap, announced robust Q2 2026 financial results, leading to a significant stock increase. The company reported revenue of $1.83 billion, marking a 10% year-over-year increase, with core growth at 6.3%.
Adjusted earnings per share (EPS) rose 14% to $1.49, while reported EPS jumped 60% to $1.20. Agilent's adjusted operating margin also saw a healthy expansion, growing 130 basis points to 26.4%.
Following these positive results, Agilent raised its fiscal 2026 guidance. The company now expects revenue to be between $7.39 billion and $7.49 billion, with adjusted EPS projected at $6.00 to $6.10.
Analysts remain optimistic, with a consensus 'Moderate Buy' rating. This includes 13 'Strong Buy' recommendations, two 'Moderate Buys,' and five 'Holds.'
