Keysight Technologies, Inc. (NYSE:KEYS) stock rose Wednesday after the company delivered better-than-expected fiscal first-quarter results and gave a robust financial outlook, boosting investor confidence.
Keysight Technologies reported quarterly earnings of $2.17 per share, which beat the Street estimate of $2. Quarterly revenue came in at $1.6 billion, which beat the analyst consensus estimate of $1.54 billion, according to data from Benzinga Pro.
Looking ahead, Keysight issued upbeat second-quarter guidance, forecasting earnings of $2.27 to $2.33 per share and revenue between $1.69 billion and $1.71 billion, both well above analyst projections.
Other Key Updates
On Wednesday, Keysight and Ericsson (NASDAQ:ERIC) said they have collaborated to validate interoperability between an Ericsson pre-6G base station (gNB) and prototype pre-6G devices using Keysight’s WaveJudge Wireless Analyzer Solutions.
The work demonstrates full-stack pre-6G interoperability testing using real network infrastructure and devices, supporting early validation of emerging 6G concepts as standards development progresses. The collaboration will be showcased live at Mobile World Congress Barcelona 2026.
Analyst Ratings
The stock carries a Buy Rating with an average price target of $255.85. Recent analyst moves include:
- JP Morgan: Overweight (Raises Target to $300.00) (Feb. 24)
- UBS: Buy (Raises Target to $340.00) (Feb. 24)
- Morgan Stanley: Equal-Weight (Raises Target to $268.00) (Feb. 24)
Benzinga Edge Scorecard
Below is the Benzinga Edge scorecard for Keysight Technologies, highlighting its strengths and weaknesses compared to the broader market:
- Value Rank: Weak (Score: 5.54) — Trading at a steep premium relative to peers.
- Quality Rank: Strong (Score: 69.44/100) — Balance sheet remains healthy.
- Momentum Rank: Bullish (Score: 93.13/100) — Stock is outperforming the broader market.
The Verdict: Keysight Technologies’ Benzinga Edge signal reveals a mixed but generally positive outlook. The high Momentum score confirms the strong trend, while the low Value score warns that the stock is priced for perfection. Investors should consider the growth potential but be wary of valuation extremes.
ETFs Heavily Invested in Keysight Technologies
- Themes US R&D Champions ETF (NASDAQ:USRD): 2.39% Weight
- Nuveen ESG Mid-Cap Value ETF (BATS:NUMV): 2.00% Weight
- Vanguard US Minimum Volatility ETF (BATS:VFMV): 1.56% Weight
Significance: Because KEYS carries significant weight in these funds, any significant inflows or outflows will likely trigger automatic buying or selling of the stock.
KEYS Price Action: Keysight shares were up 1.13% at $304.88 at the time of publication on Wednesday. The stock is trading near its 52-week high of $305.37, according to Benzinga Pro data.
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