Keysight Technologies (NYSE:KEYS) Issues Quarterly Earnings Results

Keysight Technologies (NYSE:KEYS) announced its earnings results on Monday. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17, Briefing.com reports. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.71%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the firm posted $1.82 earnings per share. The company’s revenue was up 23.3% on a year-over-year basis. Keysight Technologies updated its FY 2026 guidance to 8.590- EPS and its Q2 2026 guidance to 2.270-2.330 EPS.

Here are the key takeaways from Keysight Technologies’ conference call:

• Keysight reported an outstanding Q1, with $1.6 billion revenue (+23% reported), $1.645 billion orders (+30% reported), and EPS of $2.17, beating the high end of guidance.
• Management says demand has accelerated around AI-driven infrastructure and wireline technologies (wireline orders surpassed wireless), driven by higher‑speed Ethernet, optical interconnects, and system-level validation needs.
• Profitability and cash generation remain strong — gross margin 66.7%, operating margin 27.4%, operating cash flow of $441M and free cash flow $407M — and the company is actively returning capital (share buybacks, $1.5B authorization).
• Guidance and outlook exclude any impact from a recent Supreme Court decision on tariffs (assessment ongoing), and recent acquisitions are currently margin-dilutive with expected synergies concentrated late in 2026.

Keysight Technologies Trading Up 1.0%

Shares of KEYS traded up $3.03 during trading hours on Wednesday, reaching $304.51. The stock had a trading volume of 322,356 shares, compared to its average volume of 1,245,063. The company has a market cap of $52.23 billion, a P/E ratio of 54.70, a P/E/G ratio of 2.55 and a beta of 1.20. Keysight Technologies has a 52 week low of $121.43 and a 52 week high of $305.37. The company has a quick ratio of 1.78, a current ratio of 2.35 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average of $219.09 and a 200 day moving average of $191.78.

Insider Transactions at Keysight Technologies

In related news, SVP John Page sold 15,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $213.48, for a total transaction of $3,202,200.00. Following the sale, the senior vice president directly owned 21,393 shares in the company, valued at $4,566,977.64. This trade represents a 41.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ronald S. Nersesian sold 30,000 shares of the company’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of $196.88, for a total transaction of $5,906,400.00. Following the completion of the transaction, the director directly owned 198,389 shares of the company’s stock, valued at approximately $39,058,826.32. The trade was a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 80,784 shares of company stock valued at $16,317,097. Insiders own 0.40% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of institutional investors have recently made changes to their positions in the business. Quarry LP bought a new position in Keysight Technologies in the fourth quarter valued at $25,000. DV Equities LLC acquired a new position in shares of Keysight Technologies during the 4th quarter worth about $49,000. Atlas Capital Advisors Inc. bought a new position in shares of Keysight Technologies in the 4th quarter valued at about $57,000. Geneos Wealth Management Inc. increased its position in shares of Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after acquiring an additional 157 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Keysight Technologies during the second quarter worth about $71,000. Institutional investors own 84.58% of the company’s stock.

Key Keysight Technologies News

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Q1 beat — Revenue ~ $1.6B (≈23% y/y) and EPS $2.17 topped estimates; management highlighted record orders and improved margins. Keysight Reports First Quarter 2026 Results
• Positive Sentiment: Raised guidance — Q2 EPS guide (~2.27–2.33) and FY2026 outlook materially above consensus, which drove after‑hours gains. Keysight forecasts quarterly profit above estimates
• Positive Sentiment: AI / data‑center secular tailwinds — Management and coverage point to AI infrastructure and semiconductor test demand as the main catalysts for durable growth. Keysight Hits Record High as AI Infrastructure Demand Drives Its Biggest Earnings Beat
• Positive Sentiment: Analyst upgrades — Multiple firms raised ratings/targets (e.g., Bank of America upgrade, JPMorgan/Wells Fargo target bumps), supporting near‑term momentum. Analyst price target changes
• Positive Sentiment: New partnerships expand product footprint — Keysight will OEM Cybeats’ SBOM platform for software supply‑chain security, strengthening its software/cyber offerings. Cybeats and Keysight Partner
• Neutral Sentiment: Earnings materials available — Transcripts and slides give detail on backlog, margins and customer mix; useful for validating whether demand is broad‑based. Q1 Earnings Call Highlights
• Neutral Sentiment: Insider sale disclosed — SVP Ingrid Estrada sold 2,000 shares; described as a routine SEC filing but tracked by investors. Insider Sale Filing
• Negative Sentiment: Valuation / upside cap — Some new targets cluster near the current price (≈$300), which could limit near‑term upside and invite profit‑taking after the sharp run. Analyst price target commentary

Keysight Technologies declared that its Board of Directors has authorized a share repurchase program on Monday, November 24th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the scientific and technical instruments company to repurchase up to 4.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday. Susquehanna restated a “positive” rating and set a $300.00 target price on shares of Keysight Technologies in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. The Goldman Sachs Group raised their price target on Keysight Technologies from $243.00 to $322.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Barclays boosted their price objective on Keysight Technologies from $232.00 to $320.00 and gave the stock an “overweight” rating in a report on Tuesday. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $289.73.

Keysight Technologies Company Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.