Keysight Technologies (NYSE:KEYS) Price Target Raised to $390.00

Keysight Technologies (NYSE:KEYS) had its target price boosted by equities research analysts at JPMorgan Chase & Co. from $360.00 to $390.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 15.43% from the company’s current price.

KEYS has been the topic of several other reports. Truist Financial set a $376.00 price target on shares of Keysight Technologies in a research note on Thursday. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Citigroup lifted their price target on shares of Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a research note on Thursday. Barclays lifted their price target on shares of Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Bank of America upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $371.92.

Keysight Technologies Stock Down 1.2%

NYSE:KEYS traded down $4.22 during midday trading on Thursday, hitting $337.86. 1,449,867 shares of the company were exchanged, compared to its average volume of 1,418,326. The company has a fifty day simple moving average of $319.17 and a 200 day simple moving average of $252.90. Keysight Technologies has a fifty-two week low of $152.85 and a fifty-two week high of $370.17. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $57.94 billion, a PE ratio of 55.32, a price-to-earnings-growth ratio of 2.49 and a beta of 1.26.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping the consensus estimate of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.96%. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period last year, the business earned $1.70 EPS. Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, equities analysts anticipate that Keysight Technologies will post 7.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 2,000 shares of Keysight Technologies stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $298.37, for a total value of $596,740.00. Following the transaction, the chief financial officer directly owned 125,272 shares in the company, valued at approximately $37,377,406.64. The trade was a 1.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 1,667 shares of Keysight Technologies stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the completion of the transaction, the chief executive officer owned 122,398 shares in the company, valued at approximately $36,719,400. This represents a 1.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,334 shares of company stock valued at $11,533,230 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Keysight Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP purchased a new stake in shares of Keysight Technologies in the fourth quarter valued at about $25,000. Cornerstone Planning Group LLC boosted its holdings in shares of Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 30 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $35,000. Oslo Pensjonsforsikring AS purchased a new stake in shares of Keysight Technologies in the first quarter valued at about $44,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $45,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

About Keysight Technologies

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.