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Keysight Technologies IncNYSE: KEYS

Information Technology · Electronic Equipment & Instruments

$354.37

+4.98%

Vol: 63K

Research Digest

Monday, June 15, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours. The most recent catalyst, a June 12 Siemens software partnership and semiconductor-sector rebound, falls outside the 48-hour window.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 14Keysight shares rose about 3% on June 12 after joining the Siemens Digital Industries Software Technology Partner Program, extending a strong 2026 run.Positive

Keysight Technologies (KEYS) stock jumped roughly 3.1% on June 12, 2026 to about $351.82 after announcing it had joined the Siemens Digital Industries Software Solution Partner Program as a Software and Technology Partner. The move deepens Keysight's position in design and simulation workflows and adds to momentum from its record fiscal Q2 2026 (ended April 30) with over $2 billion in orders and $1.72 billion in revenue, up from $1.31 billion a year earlier. The stock is up roughly 70% year-to-date and trades near its 52-week high of $366.68. Analysts maintain a consensus Buy with an average 12-month target around $383, implying meaningful upside. The risk is that the rally already prices in much of the AI-driven test demand, leaving the stock vulnerable if order growth decelerates.

May 21Keysight delivered record Q2 2026 results with EPS of $2.87 beating estimates and raised full-year guidance to high-20s percent revenue growthPositive

Keysight Technologies reported record fiscal Q2 2026 results on May 19, 2026, posting EPS of $2.87 (vs. $2.37 estimate) and revenue of $1.72 billion. Orders surged 56% YoY to over $2 billion, revenue grew 31%, and EPS rose 69%, with record free cash flow of $472 million. CEO Satish Dhanasekaran called it 'the strongest quarter in the company's history,' citing AI data center demand—H1 FY26 AI revenue already exceeded all of FY25. The company raised full-year 2026 revenue growth outlook to the high-20s percent range. Q3 revenue guidance is $1.73B–$1.75B (~29% YoY growth), with Q3 EPS guidance of $2.43–$2.49 (~43% growth). Stock rose 2.28% following the announcement.

May 20Keysight delivered a record Q2 with EPS $2.87 vs. $2.37 expected and guided Q3 revenue well above consensus, sending shares up roughly 8% as AI demand drives orders up 56%.Positive

Keysight Technologies reported fiscal Q2 2026 results on May 19, 2026, calling it the strongest quarter in company history with all-time highs in orders, revenue, EPS, and free cash flow. EPS came in at $2.87 (beating $2.37 estimates by $0.50) and revenue was $1.717B, just shy of $1.74B consensus. Q2 orders grew 56% year-over-year, surpassing $2B, with revenue up 31% on demand from AI, data centers, networking, defense, semiconductors, general electronics, and new AI product launches. Management raised growth expectations for fiscal 2026 to the high 20s percent range and guided fiscal Q3 revenue to $1.73-$1.75B, materially above the prior consensus of about $1.65B. Shares surged roughly 8% on the print, capping a record first half.

May 19Keysight Technologies reports fiscal Q2 results today (May 19) with consensus seeking $2.33 EPS on 30.6% revenue growth.Mixed

Keysight reports fiscal Q2 results after the close on May 19, with Wall Street expecting EPS of $2.33 (+37.1% YoY) and revenue of $1.72B (+30.6% YoY) driven by AI infrastructure and semiconductor demand. Ahead of the print, Baird raised its PT to $375 from $310 and Morgan Stanley raised its PT to $305 (Equal-Weight) on May 15. Shares fell 3.5% to $350.22 on May 15 amid broader software/tech weakness. Risk: valuation seen stretched into the print.

May 18Keysight set to report fiscal Q2 earnings May 19 with Baird raising price target to $375 ahead of AI-driven results.Positive

Keysight Technologies will report fiscal Q2 results (quarter ended April 30) after market close on Tuesday, May 19, 2026, with analysts expecting EPS of $2.33 (up 37.1% YoY) on revenue of $1.72B (up 30.6% YoY). On May 15, Baird raised its price target to $375 from $310, while Morgan Stanley maintained Equal-Weight and raised its target to $305. The stock fell 3.5% to $350.22 on May 15, with shares having returned 11.1% over the past month vs S&P 500's 8.2%. On May 6, Keysight expanded its PCIe 7.0 test portfolio with a new Receiver Stress Calibration tool. On May 14, the company entered a strategic collaboration with SRC UK. Simply Wall St analysis in mid-May estimated fair value of ~$323, suggesting moderate overvaluation.

May 15Keysight Technologies expanded PCIe 7.0 Test Portfolio on May 6 ahead of May 19 Q2 earnings expected to show 30.6% revenue growth.Positive

Keysight Technologies expanded its PCIe 7.0 Test Portfolio on May 6, 2026, with new Receiver (RX) Test application enabling end-to-end transmitter and receiver validation for 128 GT/s applications in high-speed compute, AI and data center. The company is gearing up for fiscal Q2 2026 earnings on May 19, with Wall Street expecting EPS of $2.33 (+37.1% YoY) and revenue of $1.72 billion (+30.6%). The consensus EPS estimate has been revised up 1.6% over the past 30 days. KEYS shares are up over 80% YTD and have nearly tripled since March 2025 lows. The company also expanded a strategic collaboration with CATARC New Energy Vehicle Inspection Center on May 5. Q1 EPS of $2.17 beat estimates of $1.89.

May 14Keysight set to report fiscal Q2 results on May 19 with AI infrastructure demand driving strong YTD share-price gainsPositive

Keysight Technologies will release fiscal Q2 results on May 19, 2026 after the close, following a Q1 beat where EPS of $2.17 topped $2.00 estimates and revenue rose 23% YoY to $1.6 billion. Communications Solutions Group revenue grew 27% with gross margin expanding 90 bps to 66.7% and operating margin hitting 27.4%. Consensus expects Q2 revenue growth of 30.6% to $1.72 billion and EPS of $2.33. The stock is up roughly 72% YTD, supported by AI infrastructure and semiconductor validation demand. On May 12, Keysight published its 2025 CSR Progress Report highlighting $319 million in community investment. Key risk is that elevated valuation could compress if Q2 guidance disappoints.

May 13Keysight released its 2025 Corporate Social Responsibility Progress Report on May 12 ahead of its Q2 fiscal earnings on May 19.Neutral

Keysight Technologies published its 2025 CSR Progress Report on May 12, 2026, highlighting $319M in community investments and STEM engagement with 3.5M students. The disclosure precedes the company fiscal Q2 earnings release scheduled for after the close on May 19, where consensus expects 37.1% EPS growth and 30.6% revenue growth driven by AI and semiconductor test demand. The stock has rallied sharply YTD (+69%) on AI-related order strength. Risk: high expectations heading into the print could create volatility if guidance disappoints. Goldman Sachs removed KEYS from its US Conviction List on May 1.

May 12Keysight expands PCIe 7.0 test portfolio with new Receiver Stress Calibration; fiscal Q2 results due May 19; shares +1.5% in May.Positive

Keysight announced an expanded PCIe 7.0 test portfolio with new Receiver Stress Calibration, enabling end-to-end transmitter and receiver validation at 128 GT/s for next-generation compute, AI, and data center applications. The PCIe 7.0 receiver test was demonstrated for the first time at the PCI-SIG Developers Conference in Santa Clara on May 6-7, 2026. The company will report fiscal Q2 results (quarter ended April 30, 2026) after market close on May 19, 2026. Shares rose 1.48% to $360.33 on May 8, with the stock gaining 1.5% in May amid broader market volatility. Recent valuation context: 30-day return +18.11%, 90-day +53.74%, 1-year total shareholder return +133.22%. AI-driven demand is accelerating across compute, memory, networking, and interconnect testing.

May 11Keysight expanded PCIe 7.0 receiver test portfolio at PCI-SIG conference May 6-7 ahead of fiscal Q2 earnings on May 19, 2026.Mixed

Keysight Technologies announced an expansion to its PCIe 7.0 test portfolio with a new Receiver (RX) Test application, debuted at the PCI-SIG Developers Conference in Santa Clara on May 6-7, 2026, addressing 128 GT/s validation needs for AI and data center applications. The company will report fiscal Q2 results after market close on May 19, 2026. Latest official guidance projects fiscal 2026 revenue of $5.37B-$5.52B. Q1 2026 EPS of $2.17 beat estimates of $1.89 by 14.81%. Stock trades at $366.68 as of May 6 with 30-day return of 18.11% and 1-year total return of 133.22%. Risk: analysts flag potential 12.7% overvaluation against $315.15 target with tariff exposure.

May 8Keysight Q1 2026 earnings beat 14.81%; Q2 earnings release scheduled May 19; JPMorgan raises PT to $360Positive

Keysight reported Q1 2026 EPS of $2.17 beating estimates of $1.89 (+14.81%). Stock price $366.68 as of May 6. Company expanding EV charging collaboration with CATARC and launched PCIe 7.0 Receiver Test application. Q2 FY2026 earnings results scheduled for May 19, 2026 after market close. JPMorgan raised price target to $360 from $300 on April 14; Goldman Sachs raised PT to $384 from $322 on April 13.

May 6Keysight expands PCIe 7.0 test portfolio and announces strong FY2025 results with 7.95% revenue growthPositive

Keysight announced new PCIe 7.0 Receiver test application extending end-to-end validation capabilities on May 6. FY2025 revenue reached $5.38 billion (7.95% increase) with earnings of $850 million (38.44% increase). Received 2026 GTI Innovative Technology Breakthrough Award for AI and 5G-Advanced Convergence. Established new $750 million credit facility (April 23) and Liquid Instruments Series C round co-led by Keysight ($50 million, April 28). Stock demonstrated 23.92% 30-day return and 69.37% year-to-date return reflecting robust demand across AI and high-growth markets. The Vanguard Group built 5.03% stake signaling institutional confidence.

May 5Keysight Technologies establishes $750M credit facility as stock surges on AI infrastructure momentumPositive

Keysight Technologies stock delivered 24% over past month and 62% over past 3 months amid strong Q1 2026 results released Feb 23 showing transformation to AI infrastructure beneficiary. Company established new $750 million credit facility and co-led $50 million Series C round with Liquid Instruments. Announced expanded 1.6T interconnect validation technology for passive copper and low power optics, launched SBOM Manager for cybersecurity regulations, and advanced AI networking with Ultra Ethernet LLR and CBFC interoperability at OFC 2026. Vanguard built 5.03% stake signaling institutional confidence. Q2 earnings due May 19. JPMorgan raised PT to $360 from $300.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
KEYSKEYSIGHT$354.37+4.98%-0.9%28.5x$57.6B
ROPROPER$337.78+4.23%-2.1%13.6x0.80$32.7B
TDYTELEDYNE$633.49+4.34%-1.7%23.3x0.97$28.1B
TRMBTRIMBLE$51.05-8.80%+1.7%13.8x1.45$13.0B
ZBRAZEBRA$238.00-1.76%-6.8%11.7x1.62$11.5B
NVDANVIDIA$208.96-4.81%-1.3%18.9x2.24$5.32T

Key Fundamentals

Market Cap$57.6B
P/E (TTM)54.2
Forward P/E28.5
Beta
Div Yield
Prev Close$337.55

RSI (14-Day)

48Neutral
0305070100

52-Week Range

$152.85$354.37$370.18
From High-4.3%
From Low+131.8%

Moving Averages

50d SMA
$317.27+11.7%
200d SMA
$225.63+57.1%

Price above both MAs — bullish structure.

Historical Returns

1W
-2.0%
1M
+7.4%
3M
+51.8%
6M
+92.5%
1Y
+115.5%
YTD
+71.5%

Volume

Today63K
20d Avg1.4M
Ratio0.05x