Keysight Technologies (NYSE:KEYS – Get Free Report) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.
A number of other analysts also recently issued reports on the company. Citigroup raised their price target on Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. UBS Group raised their price target on Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Morgan Stanley raised their price target on Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. Susquehanna restated a “positive” rating and issued a $300.00 price target on shares of Keysight Technologies in a research report on Tuesday, February 24th. Finally, Bank of America upgraded Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $314.33.
Read Our Latest Research Report on Keysight Technologies
Keysight Technologies Stock Up 4.5%
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.Keysight Technologies’s revenue was up 23.3% on a year-over-year basis. During the same period last year, the company earned $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, sell-side analysts expect that Keysight Technologies will post 7.86 EPS for the current year.
Insiders Place Their Bets
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 1,667 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $300.00, for a total value of $500,100.00. Following the sale, the chief executive officer owned 122,398 shares in the company, valued at $36,719,400. This trade represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jo Ann Juskie sold 1,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $304.42, for a total value of $304,420.00. Following the completion of the sale, the senior vice president owned 12,552 shares in the company, valued at approximately $3,821,079.84. The trade was a 7.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 40,334 shares of company stock valued at $11,533,230. Insiders own 0.40% of the company’s stock.
Hedge Funds Weigh In On Keysight Technologies
Several institutional investors have recently made changes to their positions in KEYS. Quarry LP purchased a new position in shares of Keysight Technologies during the fourth quarter valued at $25,000. Optiver Holding B.V. purchased a new position in shares of Keysight Technologies during the third quarter valued at $35,000. Westfuller Advisors LLC purchased a new position in shares of Keysight Technologies during the third quarter valued at $45,000. Entrust Financial LLC purchased a new position in shares of Keysight Technologies during the fourth quarter valued at $45,000. Finally, True Wealth Design LLC increased its stake in shares of Keysight Technologies by 68.5% during the third quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock valued at $49,000 after buying an additional 113 shares during the period. 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.
See Also
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
