Keysight Technologies (KEYS) Hits All-Time High on Strong Q1

We recently published 10 Stocks Winning the Market. Keysight Technologies Inc. (NYSE:KEYS) was one of the best performers on Tuesday.

Keysight Technologies soared to a new all-time high on Tuesday, as investors took heart from a strong earnings performance in the first quarter of fiscal year 2026.

At intra-day trading, the stock jumped to its highest price of $305.37 before trimming gains to finish the session just up by 23.05 percent at $301.48 apiece.

In an updated report, Keysight Technologies Inc. (NYSE:KEYS) said that it grew its revenues by 23 percent to $1.6 billion from $1.298 billion in the same quarter last year. Revenues jumped by 66 percent to $281 million from $169 million.

“Keysight had a strong start to the fiscal year with outstanding results that exceeded our expectations,” Keysight Technologies Inc. (NYSE:KEYS) President and CEO Satish Dhanasekaran said.

“The investments we have made over the last 3 years are enabling us to capitalize on continued momentum in our markets and deliver value,” he added.

For the second quarter, the company is targeting revenues to be in the range of $$1.69 billion to $1.71 billion, representing a year-on-year growth of 30 percent at the midpoint.

Non-GAAP diluted earnings per share are pegged at $2.27 to $2.33.

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Disclosure: None. This article is originally published at Insider Monkey.