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KEYSKeysight Technologies Inc.Hold6.3·$350.29-1.86%
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Keysight Technologies Inc. (KEYS) Stock Analysis

Breakout setup

HoldModerate Confidence

Technology · Scientific & Technical Instruments

Hold if already holding. Not a fresh buy at $350.29, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Expensive valuation.

Keysight Technologies develops electronic test and measurement hardware, software, and services for communications, aerospace/defense, semiconductor, and industrial customers globally across two segments. The company generated $5.4 billion in revenue in fiscal 2025, primarily... Read more

$350.29+1.8% A.UpsideScore 6.3/10#1 of 14 Scientific & Technical Instruments
QualityF-score9 / 9FCF yield1.78%
Stop $325.77Target $356.72(resistance)A.R:R -0.5:1
Analyst target$383.08+9.4%13 analysts
$356.72our TP
$350.29price
$383.08mean
$250
$426

Hold if already holding. Not a fresh buy at $350.29, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Expensive valuation. Chart setup: Golden cross, above all MAs, RSI 51, MACD bullish. Maintain position. Not compelling to add more. Score 6.3/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 63d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About Keysight Technologies Inc.

About Keysight Technologies Inc.

Keysight Technologies generated $5.4 billion in revenue in fiscal 2025, serving customers across more than 100 countries through two segments: the Communications Solutions Group, covering wireless, wireline data center, and aerospace/defense markets, and the Electronic Industrial Solutions Group, covering automotive, semiconductor, and general electronics. The company invested $1,007 million in R&D that year and, in October 2025, acquired Spirent Communications alongside two EDA software businesses from Synopsys and Ansys.

Keysight's revenue derives from hardware instruments — signal analyzers, network analyzers, oscilloscopes, and power analyzers — bundled with software applications and services including calibration, repair, and engineering consulting via Keysight Global Services. The primary demand driver is R&D-phase engineering: new standards cycles including 5G, 6G, 800Gb/s Ethernet, commercial satellite, and AI data center interconnect require continuous tool refresh as chipmakers, network equipment manufacturers, and defense contractors validate designs. The company operates an in-house semiconductor fab and proprietary packaging centers; software engineering now constitutes the majority of R&D headcount, reflecting a push toward recurring subscription and license revenue. No single customer accounts for more than 10% of revenue, and the channel mix combines a direct global sales force with indirect partners and e-commerce.

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Export controls and China tariffs both appear in the 10-K as named operational risks. Some customers and suppliers have been added to the U.S. Department of Commerce's "Lists of Parties of Concern," forcing suspension of those relationships, and the filing notes certain counterparties develop unique solutions that may be irreplaceable on short notice. Tariff escalation on Chinese imports began in the second quarter of fiscal 2025, affecting customers and suppliers with China ties. Accounting operations are also centralized in India and Malaysia, adding geographic operational dependency.

See also: Technology · Scientific & Technical Instruments

From Keysight Technologies Inc.'s most recent 10-K filing, extracted June 10, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 18, 202663d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Strong growth profile
Risks
Analyst target reached - limited upside remaining
Expensive valuation

Key Metrics

P/E (TTM)57.5
P/E (Fwd)30.1
Mkt Cap$61.0B
EV/EBITDA42.9
Profit Mgn17.3%
ROE18.2%
Rev Growth31.5%
Beta1.22
DividendNone
Rating analysts20

Quality Signals

Piotroski F9/9MoatWideCompounder

Options Flow

P/C0.44bullish
IV58%elevated
Max Pain$500+42.7% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicinternational operations
    10-K Item 1A: 'revenue from international operations will continue to represent a majority of our total revenue'

Material Events(8-K, last 90d)

  • 2026-03-13Item 5.02LOW
    John Page, SVP Global Services, announced retirement effective by Oct 31, 2026 on March 12, 2026. Personal reasons cited; no disagreement with Company. No successor named.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
Pe
2.1
Ps
3.4
Forward Pe
4.0
Analyst Target
4.0
Peg Ratio
5.0
Forward P/E: 30.1xPEG: 1.54
GatesA.R:R -0.5=NEGATIVEExecutive change: officer departure/appointmentMomentum 7.2>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 63d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
51 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $315.01Resistance $364.00

Price Targets

$326
$357
A.Upside+1.8%
A.R:R-0.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-4.9% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-18 (63d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is KEYS stock a buy right now?

Hold if already holding. Not a fresh buy at $350.29, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Expensive valuation. Chart setup: Golden cross, above all MAs, RSI 51, MACD bullish. Maintain position. Not compelling to add more. Target $356.72 (+1.8%), stop $325.77 (−7.5%), A.R:R -0.5:1. Score 6.3/10, moderate confidence.

What is the KEYS stock price target?

Take-profit target: $356.72 (+1.8% upside). Target $356.72 (+1.8%), stop $325.77 (−7.5%), A.R:R -0.5:1. Stop-loss: $325.77.

What are the risks of investing in KEYS?

Analyst target reached - limited upside remaining; Expensive valuation.

Is KEYS overvalued or undervalued?

Keysight Technologies Inc. trades at a P/E of 57.5 (forward 30.1). TrendMatrix value score: 3.3/10. Verdict: Hold.

What do analysts say about KEYS?

20 analysts cover KEYS with a consensus score of 4.0/5. Average price target: $383.

What does Keysight Technologies Inc. do?Keysight Technologies develops electronic test and measurement hardware, software, and services for communications,...

Keysight Technologies develops electronic test and measurement hardware, software, and services for communications, aerospace/defense, semiconductor, and industrial customers globally across two segments. The company generated $5.4 billion in revenue in fiscal 2025, primarily from R&D applications, serving approximately 40,000 end customers in over 100 countries. An in-house semiconductor fab and $1,007 million R&D spend in fiscal 2025 support first-to-market solution positioning.

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