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Updated 1d ago
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Keysight Technologies, Inc.NYSE:KEYS Stock Report

Market Cap US$56.4b
Updated 1d ago
Share Price
n/a
1Y88.9%
7D0.9%
1D-1.6%
Portfolio Value
​
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Keysight Technologies, Inc.

NYSE:KEYS Stock Report

Market Cap: US$56.4b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Keysight Technologies (KEYS) Stock Overview

Provides electronic design and test solutions worldwide. More details

KEYS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 10.9% below our estimate of its fair value

Earnings are forecast to grow 20.44% per year

Earnings grew by 135.1% over the past year

Analysts in good agreement that stock price will rise by 27.5%

Risk Analysis

Significant insider selling over the past 3 months


KEYS Community Fair Values

Create Narrative

See what 44 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
21.5% undervalued intrinsic discount
AnalystConsensusTarget
•22d ago

AI And Next Generation Wireless Will Unlock New Horizons

593
0
16
AN
AnalystHighTarget
23.6% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

AI Data Center And 6G Tailwinds Will Support A Stronger Long Term Outlook

39
0
1
AN
AnalystLowTarget
10.5% undervalued intrinsic discount
AnalystLowTarget
•7d ago

AI Test Demand And Defense Modernization Will Eventually Restrain This Overstretched Outlook

30
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
21.5% undervalued intrinsic discount
AnalystConsensusTarget
•22d ago

AI And Next Generation Wireless Will Unlock New Horizons

593
0
16
AN
AnalystHighTarget
23.6% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

AI Data Center And 6G Tailwinds Will Support A Stronger Long Term Outlook

39
0
1
AN
AnalystLowTarget
10.5% undervalued intrinsic discount
AnalystLowTarget
•7d ago

AI Test Demand And Defense Modernization Will Eventually Restrain This Overstretched Outlook

30
0
0
View all narratives

Keysight Technologies, Inc. Competitors

Teledyne Technologies

Symbol: NYSE:TDY
Market cap: US$27.6b

Zebra Technologies

Symbol: NasdaqGS:ZBRA
Market cap: US$16.3b

Advanced Energy Industries

Symbol: NasdaqGS:AEIS
Market cap: US$11.4b

Cognex

Symbol: NasdaqGS:CGNX
Market cap: US$10.4b

Price History & Performance

Summary of share price highs, lows and changes for Keysight Technologies
Historical stock prices
Current Share PriceUS$325.65
52 Week HighUS$374.96
52 Week LowUS$158.79
Beta1.21
1 Month Change-5.25%
3 Month Change-7.13%
1 Year Change88.93%
3 Year Change144.63%
5 Year Change81.14%
Change since IPO1,050.30%

Recent News & Updates

Seeking Alpha • Sep 03

Keysight Technologies: The Hidden Toll Collector On AI's Rising Test Intensity

Summary Keysight Technologies is evolving into a comprehensive engineering platform, enabling end-to-end validation across semiconductor, AI, defense, automotive, and wireless markets. KEYS benefits from rising system complexity, driving demand for advanced testing, simulation, and validation solutions throughout product development lifecycles. Spirent's integration expands KEYS's capabilities, supporting cross-selling and deeper customer engagement, while proprietary technology and direct sales enhance competitive positioning. With robust order growth, record margins, and defensible forward valuation, KEYS offers compounding potential, though risks include AI infrastructure digestion, execution, and backlog quality. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 03

KEYS: AI Infrastructure Test Intensity And Record Backlog Will Drive Upside

Analysts have raised Keysight Technologies' fair value estimate from $302.22 to $363.72, citing higher expected revenue growth, stronger profit margins, and a lower future P/E multiple supported by recent Q3-driven price target increases across the Street. Analyst Commentary Street research on Keysight Technologies is broadly constructive, with several firms lifting price targets after the latest Q3 report.

Recent updates

Seeking Alpha • Sep 03

Keysight Technologies: The Hidden Toll Collector On AI's Rising Test Intensity

Summary Keysight Technologies is evolving into a comprehensive engineering platform, enabling end-to-end validation across semiconductor, AI, defense, automotive, and wireless markets. KEYS benefits from rising system complexity, driving demand for advanced testing, simulation, and validation solutions throughout product development lifecycles. Spirent's integration expands KEYS's capabilities, supporting cross-selling and deeper customer engagement, while proprietary technology and direct sales enhance competitive positioning. With robust order growth, record margins, and defensible forward valuation, KEYS offers compounding potential, though risks include AI infrastructure digestion, execution, and backlog quality. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 03

KEYS: AI Infrastructure Test Intensity And Record Backlog Will Drive Upside

Analysts have raised Keysight Technologies' fair value estimate from $302.22 to $363.72, citing higher expected revenue growth, stronger profit margins, and a lower future P/E multiple supported by recent Q3-driven price target increases across the Street. Analyst Commentary Street research on Keysight Technologies is broadly constructive, with several firms lifting price targets after the latest Q3 report.
Analysis Article • Aug 21

Keysight Technologies, Inc. Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next

Keysight Technologies, Inc. ( NYSE:KEYS ) just released its latest third-quarter results and things are looking...
User avatar
Narrative Update • Aug 19

KEYS: AI Data Center Test Intensity Will Drive Future Returns

Keysight Technologies' updated analyst price target moves from about $383 to roughly $415, reflecting analysts' higher long term assumptions on AI driven test intensity, revenue growth, margins and a lower future P/E multiple. Analyst Commentary Street research on Keysight Technologies remains skewed to the positive, with multiple firms lifting price targets after recent Q2 and Q3 results.
User avatar
Narrative Update • Jul 27

KEYS: AI Test Demand And Record Orders Will Confront Lofty Expectations

Analysts have nudged the Keysight Technologies fair value estimate higher from about $296.10 to roughly $302.22 as they factor in a series of price target increases tied to stronger AI related test demand, broad-based order strength, and updated models that assume slightly higher revenue growth, profit margins, and a modestly higher future P/E multiple. Analyst Commentary Recent research on Keysight Technologies points to a broadly constructive backdrop, but it also highlights several risks that matter if you are thinking about valuation, execution, and the durability of growth tied to AI and communications testing demand.
User avatar
Narrative Update • Jul 13

KEYS: AI Test Demand And Record Orders Will Meet High Expectations

Keysight Technologies’ fair value estimate has been raised from $236.87 to $296.10 as analysts factor in higher expected revenue growth, wider profit margins, and stronger AI driven test demand, reflected in a series of higher Street price targets. Analyst Commentary Recent Street commentary around Keysight Technologies has centered on how the stock reflects the company’s AI test exposure, strong order trends, and higher pricing for its earnings power.
User avatar
Narrative Update • Jun 29

KEYS: AI Infrastructure Orders Will Drive Future Earnings Power Reset

The analyst fair value estimate for Keysight Technologies has been raised from $340 to $426, reflecting a broad reset higher in Street price targets after strong Q2 orders, AI related demand, and updated models that incorporate higher revenue growth, margins, and earnings power. Analyst Commentary Street research around Keysight Technologies has turned more constructive following the latest fiscal Q2 report, with a series of higher fair value estimates and price targets clustered well above prior levels.
Analysis Article • Jun 20

Keysight Technologies (KEYS) Stock Could Be 5.1% Undervalued After Q2 Earnings Beat

Keysight Technologies (KEYS) drew fresh investor attention after reporting Q2 fiscal 2026 results that beat earnings estimates, while revenue came in slightly below expectations amid demand in several end markets. See our latest analysis for Keysight Technologies. Keysight Technologies' recent Q2 release appears to have reinforced an already strong run, with a 30 day share price return of 7.74% and a 90 day share price return of 31.04% contributing to a 1 year total shareholder return of...
User avatar
Narrative Update • Jun 15

KEYS: Future Returns Will Balance AI Wireline Demand And Execution Risks

Analysts have lifted the Keysight Technologies price target range into roughly the mid to high $300s and low $400s, citing stronger than expected Q2 orders, record demand beyond AI, and higher estimates related to AI infrastructure and wireline driven earnings contributions. Analyst Commentary Street research has responded to Keysight Technologies' recent Q2 report with a broad reset higher in valuation targets, but the tone is not uniformly upbeat.
User avatar
Narrative Update • Jun 01

KEYS: Future Returns Will Reflect AI Infrastructure And Wireline Order Momentum

Keysight Technologies' analyst fair value estimate has been raised from $323.00 to about $383.08 as analysts factor in recent price target hikes tied to Q2 order momentum, revenue acceleration, AI related demand and higher margin expectations. Analyst Commentary Recent Street research has been broadly constructive on Keysight Technologies, with multiple firms lifting price targets after fiscal Q2 results and updating models around order trends, revenue expectations and margins tied to AI and communications demand.
User avatar
Narrative Update • May 16

KEYS: Future Returns Will Reflect AI Test And Wireline Demand Execution Risks

Keysight Technologies' analyst fair value estimate has been nudged higher from $315.15 to $323.00 as analysts factor in updated Street price targets tied to stronger recent orders, raised models ahead of Q2, and ongoing enthusiasm around AI and wireline demand. Analyst Commentary Recent Street research around Keysight Technologies clusters around a clear theme, with many firms lifting price targets and updating models after a strong fiscal Q1, higher Q2 guidance, and growing interest in AI and wireline exposure.
User avatar
Narrative Update • Apr 27

KEYS: Future Returns Will Depend On Sustained AI And Wireline Order Strength

Analysts have raised the Keysight Technologies fair value estimate by about $9, citing higher Street price targets and updated views that reflect slightly stronger revenue assumptions, a modestly higher discount rate, steady margins, and a higher future P/E multiple. Analyst Commentary Recent Street research on Keysight Technologies has tilted more positive, with several large banks lifting price targets and revisiting their models after the latest fiscal Q1 report.
User avatar
New Narrative • Apr 17

AI Test Demand And Defense Modernization Will Eventually Restrain This Overstretched Outlook

Catalysts About Keysight Technologies Keysight Technologies provides test, measurement and software solutions that help customers design, validate and manufacture advanced electronic and communications systems. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Apr 09

KEYS: Future Returns Will Rely On Durable AI And Wireline Order Momentum

The analyst price target for Keysight Technologies has moved modestly higher to reflect a fair value estimate of about $306. Analysts point to stronger order momentum across AI, wireline, and aerospace and defense, along with updated revenue and earnings models following recent Q1 results.
User avatar
Narrative Update • Mar 25

KEYS: Future Returns Will Depend On Durable AI And Wireline Order Strength

Analysts have raised the Keysight Technologies fair value estimate by about $3 to $301.54 as they factor in higher target P/E multiples, supported by recent research citing stronger orders, broadening demand beyond AI, and updated earnings frameworks following fiscal Q1 results. Analyst Commentary Street research on Keysight Technologies has shifted meaningfully, with a cluster of higher price targets and ratings changes following fiscal Q1.
User avatar
Narrative Update • Mar 10

KEYS: Future Returns Will Rely On Sustained AI And Wireline Order Momentum

Our Keysight Technologies fair value estimate has been raised from $226.46 to $298.62, as analysts lift price targets into the $268 to $340 range on stronger Q1 results, faster revenue growth tied to AI and wireline demand, and updated models that assume a higher future P/E multiple despite broadly similar margin and discount rate assumptions. Analyst Commentary Recent Street research on Keysight Technologies clusters around a more constructive stance on growth, execution, and where the shares might trade relative to earnings.
User avatar
New Narrative • Feb 25

AI Data Center And 6G Tailwinds Will Support A Stronger Long Term Outlook

Catalysts About Keysight Technologies Keysight Technologies provides electronic design, test and measurement solutions for communications, aerospace and defense, semiconductors, automotive and general electronics customers worldwide. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Feb 24

KEYS: Future Returns Will Depend On AI Test And Wireline Momentum

Analysts have nudged our Keysight Technologies fair value estimate higher to $226.46 from $220.69, as they lift price targets on the back of stronger than expected fiscal Q1 results, accelerating AI related demand, rising wireline orders, and expectations for continued revenue momentum supported by secular growth drivers and increased A&D investment. Analyst Commentary Street research is broadly constructive on Keysight Technologies, with several firms lifting price targets after fiscal Q1 and tying their views to AI demand, wireline strength, and expectations for continued execution.
User avatar
Narrative Update • Feb 10

KEYS: Future Returns Will Rely On AI Demand And Wireless Cycle Stabilization

Narrative update on Keysight Technologies The analyst price target for Keysight Technologies has edged up to about $221, with analysts pointing to recent revenue and margin performance, upbeat EPS guidance, and signs of stabilization in wireless and defense demand as support for this modest adjustment. Analyst Commentary Recent Street research around Keysight Technologies has focused on earnings delivery, margin performance, and signs of demand stabilization, with several analysts adjusting their price targets in response.
User avatar
Narrative Update • Jan 27

KEYS: Future Returns Will Depend On AI Infrastructure And Cycle Stabilization

Analysts have nudged their Keysight Technologies fair value estimate slightly higher to about $220.00, citing refreshed targets that reflect stronger recent EPS and margin trends, improving wireless and defense demand, and growing optimism around artificial intelligence infrastructure and acquisition synergies. Analyst Commentary Recent Street research on Keysight Technologies clusters around a broadly constructive view on earnings power, margin resilience, and exposure to artificial intelligence infrastructure, with some caution on how much of this is already reflected in valuation and execution expectations.
User avatar
Narrative Update • Jan 11

KEYS: Future Returns Will Hinge On AI Inflection And Cycle Stabilization

Analysts have raised their price targets on Keysight Technologies toward the low US$200s, citing recent EPS outperformance, guidance that is above prior consensus, and expectations for improving trends in wireless, defense, and AI-driven test and design demand. Analyst Commentary Recent research updates on Keysight Technologies highlight a mix of optimism around growth drivers like artificial intelligence, wireless, and defense, alongside some caution on valuation and how much upside is already reflected in the share price.
User avatar
Narrative Update • Dec 25

KEYS: Future Returns Will Depend On AI Demand And Cycle Normalization

Analysts have nudged our Keysight Technologies fair value estimate higher, lifting the price target by about $4 to roughly $220. They point to stronger than expected margins, an emerging growth inflection supported by AI infrastructure demand, and signs that cyclical headwinds in wireless and defense are easing.
User avatar
Narrative Update • Dec 11

KEYS: Future Returns Will Depend On AI Inflection And End Market Recovery

Analysts have nudged our Keysight Technologies fair value estimate slightly higher to about $216 from roughly $213, reflecting improved confidence in double digit EPS growth, stabilizing wireless and defense demand, and a looming AI driven inflection that could support modest multiple expansion. Analyst Commentary Street research remains broadly constructive on Keysight, with recent actions highlighting a balanced mix of optimism around growth acceleration and caution on what is already embedded in the share price.

Shareholder Returns

KEYSUS ElectronicUS Market
7D0.9%1.4%-2.2%
1Y88.9%44.3%13.1%

Return vs Industry: KEYS exceeded the US Electronic industry which returned 44.3% over the past year.

Return vs Market: KEYS exceeded the US Market which returned 13.1% over the past year.

Price Volatility

Is KEYS's price volatile compared to industry and market?
KEYS volatility
KEYS Average Weekly Movement6.5%
Electronic Industry Average Movement9.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: KEYS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KEYS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193916,600Satish Dhanasekaranwww.keysight.com

Keysight Technologies, Inc. provides electronic design and test solutions worldwide. The company operates through Communications Solutions Group and Electronic Industrial Solutions Group segments. It offers electronic design and test software, instrumentation, systems, and related services used in the design, simulation, validation, manufacturing, installation, and optimization of communication systems in wireless, data center ecosystem, enterprise, and aerospace, defense, and government end markets.

Keysight Technologies, Inc. Fundamentals Summary

How do Keysight Technologies's earnings and revenue compare to its market cap?
KEYS fundamental statistics
Market capUS$56.35b
Earnings (TTM)US$1.28b
Revenue (TTM)US$6.58b
43.3x
P/E Ratio
8.4x
P/S Ratio

Is KEYS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KEYS income statement (TTM)
RevenueUS$6.58b
Cost of RevenueUS$2.42b
Gross ProfitUS$4.17b
Other ExpensesUS$2.89b
EarningsUS$1.28b

Last Reported Earnings

Jul 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)7.51
Gross Margin63.28%
Net Profit Margin19.43%
Debt/Equity Ratio38.6%

How did KEYS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:01
End of Day Share Price 2026/09/10 00:00
Earnings2026/07/31
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Keysight Technologies, Inc. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Quinn FredricksonBaird
Robert MasonBaird

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