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

Key Points

• Keysight raised its FY 2026 outlook to $11.46 EPS and $7.1 billion in revenue, exceeding consensus estimates of $10.00 EPS and $6.9 billion. Q4 EPS guidance was set at $3.34–$3.40.
• Fiscal Q3 results surpassed expectations, with adjusted EPS of $3.07 versus $2.48 expected and revenue of $1.85 billion versus $1.75 billion. Management cited strong AI data-center demand as a key growth driver.
• Despite the strong results and guidance, shares fell 5.5% to $341.35, reflecting elevated valuation and investor sensitivity to future-growth expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $371.92.

Keysight Technologies (NYSE:KEYS - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share 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 5.5%

Shares of Keysight Technologies stock traded down $19.80 during trading on Tuesday, hitting $341.35. The stock had a trading volume of 3,491,960 shares, compared to its average volume of 1,446,636. Keysight Technologies has a 12 month low of $152.85 and a 12 month high of $374.96. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The firm's fifty day simple moving average is $333.92 and its 200-day simple moving average is $313.09. The stock has a market cap of $58.34 billion, a PE ratio of 56.14, a PEG ratio of 2.04 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. 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, sell-side analysts expect that Keysight Technologies will post 9.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of research reports. Weiss Ratings lowered Keysight Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, July 28th. Citigroup increased their price target on shares of Keysight Technologies from $320.00 to $396.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. 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. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. Finally, Truist Financial lifted their price target on shares of Keysight Technologies from $310.00 to $376.00 and gave the stock a "hold" rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $371.92.

Insider Buying and Selling

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of the business's stock in a transaction that occurred 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 sale, the director owned 21,821 shares of the company's stock, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 507 shares of the firm's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,507 shares of company stock worth $1,904,669 in the last three months. Corporate insiders own 0.40% of the company's stock.

Key Headlines Impacting Keysight Technologies

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

• Positive Sentiment: Results exceeded expectations: Fiscal Q3 adjusted earnings were $3.07 per share, well above the $2.48 consensus, while revenue reached $1.85 billion versus estimates of $1.75 billion. The company described the period as a record quarter. Keysight Technologies Reports Third Quarter 2026 Results
• Positive Sentiment: Raised fourth-quarter guidance: Keysight forecast fiscal Q4 earnings of $3.34-$3.40 per share and revenue of approximately $1.9 billion-$2.0 billion, above consensus estimates of $2.63 per share and $1.8 billion in revenue. Keysight forecasts quarterly profit above estimates
• Positive Sentiment: AI and data-center demand remain growth drivers: Management cited strong demand related to the rapid buildout of AI data centers, supporting sales of Keysight’s testing software and tools and reinforcing its longer-term growth strategy. Keysight Technologies trounces fiscal Q3 targets, ups outlook
• Neutral Sentiment: Keysight will host the DIFI PlugFest Showcase Day in October, highlighting interoperability in digital satellite communications. The event supports industry visibility but is unlikely to have an immediate effect on revenue. DIFI PlugFest Showcase Day
• Negative Sentiment: Strong results did not prevent a pullback: Shares initially rose after the release but later declined, suggesting investors may have been selling into the news or had expected an even stronger outlook. With Keysight trading at a high earnings multiple, the stock remains particularly sensitive to guidance and future-growth expectations. Keysight Technologies Drops on Q3 2026 Earnings Day

Institutional Trading of Keysight Technologies

Large investors have recently added to or reduced their stakes in the company. Sivia Capital Partners LLC acquired a new stake in shares of Keysight Technologies in the second quarter worth $254,000. Quantitative Investment Management LLC lifted its position in Keysight Technologies by 38.7% during the fourth quarter. Quantitative Investment Management LLC now owns 2,183 shares of the scientific and technical instruments company's stock valued at $443,000 after purchasing an additional 609 shares during the period. Brooklyn Investment Group boosted its holdings in Keysight Technologies by 43.6% in the fourth quarter. Brooklyn Investment Group now owns 2,105 shares of the scientific and technical instruments company's stock valued at $435,000 after purchasing an additional 639 shares during the last quarter. State of Wyoming grew its position in Keysight Technologies by 25.6% during the 2nd quarter. State of Wyoming now owns 2,299 shares of the scientific and technical instruments company's stock worth $377,000 after purchasing an additional 468 shares during the period. Finally, FIL Ltd raised its stake in shares of Keysight Technologies by 6.1% during the 4th quarter. FIL Ltd now owns 1,320 shares of the scientific and technical instruments company's stock valued at $268,000 after buying an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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