Keysight Technologies (NYSE:KEYS) Updates FY 2026 Earnings Guidance

Keysight Technologies (NYSE:KEYS) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 11.460-11.460 for the period, compared to the consensus estimate of 10.000. The company issued revenue guidance of $7.1 billion-$7.1 billion, compared to the consensus revenue estimate of $6.9 billion. Keysight Technologies also updated its Q4 2026 guidance to 3.340-3.400 EPS.

Keysight Technologies Trading Down 6.0%

Shares of KEYS opened at $320.47 on Thursday. Keysight Technologies has a 12-month low of $152.85 and a 12-month high of $374.96. The stock’s fifty day simple moving average is $334.04 and its 200-day simple moving average is $314.64. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $54.77 billion, a PE ratio of 44.02, a price-to-earnings-growth ratio of 1.94 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.77%. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the business earned $1.72 EPS. The business’s quarterly revenue was up 36.5% compared to the same quarter last year. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. As a group, research analysts predict that Keysight Technologies will post 9.03 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on KEYS shares. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Morgan Stanley boosted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Truist Financial upped their price target on shares of Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $392.83.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total value of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares in the company, valued at $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the sale, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 5,507 shares of company stock worth $1,904,669. Insiders own 0.40% of the company’s stock.

Key Stories Impacting Keysight Technologies

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

• Positive Sentiment: Results exceeded expectations: Fiscal Q3 revenue rose 36.5% year over year to $1.85 billion, while adjusted earnings of $3.07 per share surpassed consensus estimates near $2.46–$2.48. Commercial communications and AI-related demand supported the performance. Keysight Technologies Reports Third Quarter 2026 Results
• Positive Sentiment: Raised outlook: Keysight forecast fourth-quarter revenue of approximately $1.9 billion to $2.0 billion and EPS of $3.34 to $3.40, both above Wall Street expectations. The company also lifted fiscal 2026 guidance to about $7.1 billion in revenue and $11.46 EPS. Keysight raises fiscal 2026 outlook
• Positive Sentiment: AI demand remains a major growth catalyst: Management said AI data-center and connectivity demand is accelerating into fiscal 2027. Orders exceeded $2 billion, with a strong backlog and book-to-bill ratio indicating potential revenue momentum beyond the current year. KEYS earnings call highlights AI demand and supply limits
• Positive Sentiment: Analysts increased price targets: JPMorgan raised its target to $425 and maintained an “overweight” rating, while Robert W. Baird lifted its target to $410 and reiterated “outperform,” signaling continued confidence in Keysight’s growth prospects.
• Neutral Sentiment: Supply constraints could limit how quickly Keysight converts its expanding order pipeline into reported revenue, creating a near-term execution risk even as demand remains robust.
• Negative Sentiment: Valuation and expectations are demanding: With the stock trading at a high earnings multiple and having recently approached its annual high, investors may be selling the news or requiring an even stronger upside surprise. The post-earnings decline suggests that strong results and guidance were at least partly anticipated.

Institutional Investors Weigh In On Keysight Technologies

A number of large investors have recently bought and sold shares of the stock. Compound Planning Inc. increased its stake in Keysight Technologies by 26.2% in the fourth quarter. Compound Planning Inc. now owns 2,224 shares of the scientific and technical instruments company’s stock valued at $452,000 after purchasing an additional 462 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Keysight Technologies by 11.8% during the fourth quarter. Corient Private Wealth LLC now owns 68,435 shares of the scientific and technical instruments company’s stock worth $13,905,000 after purchasing an additional 7,211 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Keysight Technologies by 2.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 23,495 shares of the scientific and technical instruments company’s stock worth $4,774,000 after purchasing an additional 564 shares in the last quarter. Beacon Pointe Advisors LLC lifted its holdings in shares of Keysight Technologies by 3.9% in the 4th quarter. Beacon Pointe Advisors LLC now owns 5,273 shares of the scientific and technical instruments company’s stock worth $1,071,000 after purchasing an additional 199 shares in the last quarter. Finally, State of Tennessee Department of Treasury grew its position in Keysight Technologies by 35.2% in the 4th quarter. State of Tennessee Department of Treasury now owns 76,049 shares of the scientific and technical instruments company’s stock valued at $16,452,000 after purchasing an additional 19,797 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.