14 stories mentioning KEYSUpdated 14d ago
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Keysight Technologies (KEYS) has an average rating of overweight and mean price target of $399.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $316.62, Change: $-6.09, Percent Change: -1.89%
Keysight Technologies (KEYS) said Wednesday it has been selected by the European Space Agency to lead a three-year development program aimed at creating secure, blockchain-enabled anomaly detection for 5G non-terrestrial networks.Financial details weren't disclosed.Keysight said it will serve as the prime contractor on the project and will collaborate with Sateliot on technical development and satellite mission integration.Price: $321.70, Change: $-4.03, Percent Change: -1.24%
Keysight Technologies (KEYS) is set to benefit from the surge in AI infrastructure spending due to its architecture-agnostic exposure, Morgan Stanley said in a Monday note.The increase of different designs in AI architecture raises the test intensity and widens the number of customer programs that Keysight can serve, Morgan Stanley analysts said, noting that the company has more than 50% of its revenue come from research and development as well as lab use cases.Keysight offers lower volatility compared to other firms in the AI space, as its growth is not limited to AI, serving other sectors such as aerospace & defense, semiconductor test, and wireless communications, according to the note. Each end market carries its own multi-year investment case, the analysts said.Further, the positive impact of AI tailwinds appears underappreciated, as AI revenue has grown to an estimated mid-teens percentage of revenue in H1 from around 10% at the end of 2025, the firm noted. The company's customer base is also expanding across R&D and manufacturing, the analysts added.Morgan Stanley upgraded the company's stock rating to overweight from equal-weight and raised the price target to $400 from $350.Price: $328.30, Change: $+6.25, Percent Change: +1.94%
Keysight Technologies (KEYS) has an average rating of overweight and mean price target of $398.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Keysight Technologies (KEYS) said Tuesday it expanded its photonic design automation portfolio with system-level simulation capabilities following the completion of its acquisition of VPIphotonics on June 9.The terms of the transaction were not disclosed.The acquisition enhances its silicon photonics and co-packaged optics design workflow, allowing engineers to progress from device-level physics to circuit and full optical link simulation in a unified environment, the company said.Keysight Technologies shares were down nearly 1% in Tuesday trading.Price: $354.37, Change: $-2.57, Percent Change: -0.72%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target price to $369 from $325, based on 32x our FY 27 EPS estimate, with the multiple reflecting a healthy premium to the historical three-year average of 23x, given our positive outlook on the company's trajectory and recent strong performance. We increase our FY 26 and FY 27 EPS estimates to $10.14 (from $8.87) and $11.53 (from $10.17), led by Q2's impressive margin expansion and favorable business mix shift. Record orders of $2B+ grew 56% Y/Y, significantly outpacing 31% revenue growth and building substantial backlog visibility. Growth is broad-based: CSG revenue grew 35% Y/Y, EISG expanded 24%, and ADG posted record orders due to defense modernization priorities. Operating leverage is translating strong top-line performance into accelerating cash generation (record $472M in FCF). We believe the market has priced in the company's accelerated growth trajectory and enhanced earnings power, with shares up 69% YTD, resulting in a balanced risk/reward outlook.
Keysight Technologies' (KEYS) growth is broadening across the company's portfolio as demand tied to artificial intelligence, aerospace and defense, semiconductors and wireless markets remains strong, Morgan Stanley said in a Wednesday note.The investment firm said AI revenue grew more than 100% year over year in H1, while aerospace and defense revenue rose 24% and semiconductor revenue also increased 24%. The firm added that wireless demand remained in double-digit growth territory.Analysts said they were encouraged by the durability of the company's growth drivers given the early stages of 6G development and multi-year investment trends in aerospace and defense.Morgan Stanley also said Keysight has the "most room" for further acceleration among mid- to high-single-digit growth companies benefiting from AI or aerospace and defense demand.The brokerage raised its fiscal 2026 revenue growth estimate for Keysight to 28% from 23% and increased its adjusted earnings-per-share estimate to $10.20 from $8.90. It also lifted its fiscal 2027 adjusted EPS estimate to $11.67 from $10.23.Morgan Stanley reiterated its equalweight rating on the stock and raised its price target to $350 from $305.
UBS Adjusts Keysight Technologies Price Target to $420 From $340, Maintains Buy Rating
Keysight Technologies (KEYS) shares rose early Wednesday after the electronics test and measurement equipment manufacturer issued an upbeat fiscal third-quarter outlook, while its results for the previous three-month period topped market expectations.The company anticipates adjusted earnings to be in a range of $2.43 to $2.49 per share for the ongoing quarter, it said late Tuesday. Revenue is pegged at $1.73 billion to $1.75 billion, representing annual growth of about 29% at the midpoint. The current consensus on FactSet is for non-GAAP EPS of $2.23 and sales of $1.67 billion."Given the strong results we have delivered in the first half of the fiscal year, combined with our guidance for fiscal (third quarter), we are on track for revenue growth in the high-20% range for fiscal 2026," Chief Financial Officer Neil Dougherty said during an earnings call, according to a FactSet transcript. "With the visibility we currently have, we would expect to see a historically typical sequential revenue increase into (the fiscal fourth quarter)."Shares of the company were up 2.4% in the most recent premarket activity.Keysight posted adjusted EPS of $2.87 for the first quarter ended April, up from $1.70 the year before, topping the Street's view for $2.32. Revenue climbed to $1.72 billion from $1.31 billion, just ahead of the average analyst estimate for $1.71 billion."We delivered outstanding results in fiscal (second quarter), setting new company records for orders, revenue and earnings per share," Dougherty said on the call. "Our teams capitalized on the robust and dynamic demand environment, resulting in strong double-digit growth across all our business groups."Revenue in the communications solutions group segment advanced 35% to $1.23 billion, driven by gains of 40% in commercial communications and 24% in aerospace, defense and government. Electronic industrial solutions sales rose to $486 million from $393 million, buoyed by double-digit gains across all semiconductor, general electronics and automotive and energy end markets, according to the company.Orders surged 56% on a reported basis, with acquisitions and currency adding 700 and 100 basis points, respectively, according to Dougherty. Core orders rose 48%, the CFO added.Keysight said it recorded a $100 million receivable in the second quarter related to court rulings on President Donald Trump's tariffs this year, resulting in a $97 million reduction in costs and expenses and a $40 million decrease in revenue amid customer refunds.In February, the US Supreme Court invalidated Trump's reciprocal tariffs imposed in 2025 under the International Emergency Economic Powers Act. Subsequently, the US Court of International Trade directed US Customs and Border Protection to set up a process to refund certain tariffs that were previously collected, according to Keysight.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:KEYS delivered exceptional Q2 results with revenue of $1.717B (+31% Y/Y) modestly ahead of $1.705B consensus and non-GAAP EPS of $2.87 (+69% Y/Y) well above $2.32 consensus. Record orders of $2.051B (+56% Y/Y) significantly outpaced revenue growth, driven by synchronized strength across both segments including 40% growth in commercial communications from AI infrastructure investments and broad-based EISG recovery. We believe this momentum has substantial runway ahead, supported by operating margin expansion of 810 bps to 33.3%. Management raised FY26 expectations with Q3 revenue guidance of $1.730-1.750B well ahead of $1.653B consensus and EPS guidance of $2.43-2.49 versus $2.16 consensus. The quarter included $100M IEEPA tariff benefit affecting Y/Y comparisons. In our view, robust cash position of $2.412B provides flexibility while the increased guidance reflects sustainable momentum in the continued technology cycle.
Keysight Technologies (KEYS) reported fiscal Q2 non-GAAP net income late Tuesday of $2.87 per diluted share, up from $1.70 a year earlier.Analysts polled by FactSet expected $2.32.Revenue for quarter ended April 30 rose to $1.72 billion from $1.31 billion a year earlier.Analysts surveyed by FactSet expected $1.71 billion.The company expects fiscal Q3 non-GAAP EPS of $2.43 to $2.49 on revenue of $1.73 billion to $1.75 billion. Analysts expect $2.16 and $1.65 billion, respectively.Shares of Keysight Technologies were up almost 9% in after-hours activity.
US equity futures were trending lower on Tuesday as traders weigh President Donald Trump's statements on Iran amid ongoing uncertainty in the Middle East.The S&P 500 declined 0.4%, the Dow Jones Industrial Average edged down 0.2% and the Nasdaq fell 0.7% in premarket activity. The indexes finished the previous trading session mixed.In a social media post on Monday, Trump said the US decided to postpone a planned military strike on Iran after leaders of Saudi Arabia, Qatar and the United Arab Emirates urged restraint amid "serious" ongoing negotiations to end the conflict.Trump, however, cautioned that the US will "go forward with a full, large scale assault of Iran" if a deal is not reached."I put it off for a little while, hopefully maybe forever, but possibly for a little while, because we've had very big discussions with Iran, and we'll see what they amount to," Trump reportedly said at a White House event on Monday, according to Bloomberg News.West Texas Intermediate crude oil decreased 1.1% to $107.45 a barrel before the opening bell, while Brent dropped 1.7% to $110.22.Trump's latest rhetoric follows reports that Iran had provided an updated proposal for a deal to end the war. The White House indicated it doesn't reflect a meaningful improvement from a previous offer, Axios reported Monday, citing a senior US official and a source briefed on the matter."Progress on US-Iran peace talks continues to be immaterial, with both parties expressing a willingness to resume overt hostilities if the talks fail," Tudor Pickering Holt Analyst Matt Portillo said in a Monday note.Treasury yields were tracking lower in premarket action, with the two-year rate retreating 2 basis points to 4.07% and the 10-year rate off 1.8 basis points to 4.61%.European Union officials are expected to convene on Tuesday to finalize legislation for the bloc's trade deal with the US, Bloomberg reported. Trump previously threatened to hike tariffs on the EU if it didn't implement its trade deal commitments by July 4.Tuesday's economic calendar has the housing starts and permits report for April at 8:30 am ET, followed by the pending home sales index for the same month at 10 am.Federal Reserve Governor Christopher Waller is scheduled to speak at 8 am, while Philadelphia Fed President Anna Paulson speaks at 7 pm. Atlanta interim President Cheryl Venable is slated to speak at 7:45 pm.Home Depot (HD) shares increased nearly 1% after the home-improvement retailer reported fiscal first-quarter adjusted earnings above market estimates and reiterated its full-year outlook. Keysight Technologies (KEYS) posts its earnings after the markets close.Gold nudged 0.3% down to $4,543 per troy ounce, while bitcoin inched 0.1% higher to $76,794.
Keysight Technologies (KEYS) could deliver stronger-than-expected fiscal Q2 growth as demand tied to artificial intelligence data centers and aerospace and defense markets continues to "strengthen," Morgan Stanley said in a report Friday.The investment bank said recent results from Viavi Solutions (VIAV) and Anritsu reinforced positive trends in AI networking, data center testing and aerospace and defense demand ahead of Keysight's fiscal Q2 earnings report, according to the report.Keysight is scheduled to release its Q2 financial results, after the close of the stock market on May 19.Investors are "likely expecting" fiscal Q2 orders of about $1.71 billion to $1.72 billion and revenue near $1.75 billion, though orders could come in slightly lower at roughly $1.68 billion to $1.70 billion because of the timing of a large aerospace and defense deal, "that may make sequentials more challenging," the report said.Keysight may need to exceed revenue expectations by about $50 million and raise full-year guidance closer to 25% growth to "sustain momentum," Morgan Stanley said.Morgan Stanley has an equal weight rating on Keysight Technologies and raised its price target to $305 from $268.Price: $351.76, Change: $-9.80, Percent Change: -2.71%
Keysight Technologies (KEYS) and China Automotive Technology and Research Center's New Energy Vehicle Inspection Center established a joint innovation laboratory for charging test technology under an expanded collaboration, the company said Tuesday.Financial details weren't provided.Through the joint facility, the company said it will combine its electrification and validation capabilities with CATARC's testing and certification services to accelerate innovation in new energy vehicles testing and charging technologies.As part of the agreement, CATARC has adopted Keysight's vehicle-to-charger conformance testing services to support certification across European, North American and Chinese charging standards, the company said.Shares of Keysight were up more than 1% in Tuesday trading.Price: $355.80, Change: $+4.45, Percent Change: +1.27%
