Keysight Technologies Inc

Keysight Technologies has appointed Scott Reese as a director, effective immediately. Reese will serve as a Class I director with a term expiring in 2027, and will join the Nominating and Corporate Governance Committee and the Audit and Finance Committee. He previously led GE Vernova's Electrification Software business, where he oversaw the transformation of GE's $1.2 billion industrial software unit and contributed to GE Vernova's IPO. He also spent nearly two decades at Autodesk, most recently as Executive Vice President of Product Development & Manufacturing Software. Keysight's CEO Satish Dhanasekaran welcomed Reese's expertise in software, hardware, and data, which aligns with the company's strategy.

Zacks Investment Research highlights Keysight Technologies, Macro Bank, and ZIM Integrated Shipping Services as top-ranked stocks following strong earnings beats. Keysight's fiscal third-quarter adjusted EPS surged 78% year over year to $3.07, beating the consensus estimate of $2.46 by nearly 25%, while revenue climbed 36% to a record $1.84 billion. Macro Bank's second-quarter adjusted EPS reached $2.29, up 17% year over year and 44% above expectations of $1.59 per share, with sales rising 26% to $1.05 billion. ZIM delivered adjusted second-quarter EPS of $0.64 versus expectations for a loss of $0.10 per share, and revenue increased over 9% to $1.78 billion, while Hapag-Lloyd's pending acquisition of ZIM would pay shareholders $35 per share in cash, nearly 25% above the current stock price.

Keysight Technologies reported fiscal third-quarter 2026 revenues of $1.85 billion, up 36% year over year, with non-GAAP earnings surging 79% to $3.07 per share. Orders rose to $2.09 billion from $1.34 billion a year earlier, marking the second consecutive quarter above $2 billion. The company cited accelerating investments in AI infrastructure, next-generation communications, semiconductors, and defense markets as key drivers. For the fiscal fourth quarter, Keysight projects revenues between $1.93 billion and $1.95 billion, implying approximately 37% year-over-year growth at the midpoint, and non-GAAP earnings between $3.34 and $3.40 per share. Management expects fiscal 2026 revenues and earnings to increase approximately 32% and 60%, respectively.

Simply Wall St has lifted its assessed fair value for Keysight Technologies from about US$383.08 to roughly US$415.08, an increase of around 8%, following updated modeling assumptions. The revision reflects a higher revenue growth assumption of about 16.54%, up from 12.63%, and a net profit margin assumption of roughly 26.44%, up from 21.28%, while the future P/E assumption fell to about 32.19x from 44.69x. Several Wall Street firms, including Morgan Stanley, UBS, JPMorgan, Baird, Barclays, Susquehanna and Citi, have raised price targets into a roughly US$400 to US$440 range, citing AI-driven test intensity, record orders and operating leverage. Keysight guided fourth fiscal quarter 2026 revenue to a range of US$1.93 billion to US$1.95 billion, with the midpoint implying about 37% year-over-year growth, supported by AI data center demand for its software and test tools. The company was also added to several Russell growth benchmarks, including the Russell 1000 Growth and Russell 3000 Growth indices, and introduced new products such as the APS-ONE-400 cybersecurity test platform and expanded Eggplant AI-driven test automation.

Moderna and Merck shares surged premarket after their personalized cancer vaccine showed positive results in a late-stage trial. Moderna's stock at one point soared 57%, while Merck's jumped just over 6%. It is unclear when the companies plan to submit applications for approval of the drug in the U.S. Elsewhere, Keysight Technologies rose 2% after beating third-quarter earnings and revenue expectations, while Lowe's fell 2% after updating its full-year outlook to the bottom end of prior guidance. Target declined 1.5% despite better-than-expected revenue and raised guidance, and La-Z-Boy tanked almost 17% after missing earnings and issuing weak current-quarter revenue guidance. Mercury Systems slid more than 9% after its adjusted earnings missed estimates, while Toll Brothers rose just over 1% on better-than-expected results. Estee Lauder rose more than 7% after beating fiscal fourth-quarter estimates, and Analog Devices gained more than 3% after exceeding expectations and reporting a higher gross margin.

Keysight Technologies shares climbed 2.6% in pre-market trading after the electronic design and testing specialist delivered record fiscal third-quarter results that comfortably exceeded Wall Street expectations. Adjusted earnings per share reached $3.07 versus the analyst consensus of $2.48, while quarterly revenue came in at $1.85 billion against expectations of $1.75 billion. Orders surged 56% year-on-year to $2.09 billion, driven by demand for testing solutions linked to artificial intelligence infrastructure, with the Communications Solutions Group's commercial communications revenue jumping 56%. For the fiscal fourth quarter, management forecast revenue of between $1.93 billion and $1.95 billion and adjusted earnings per share of $3.34 to $3.40, both well above consensus estimates of $1.82 billion and $2.68 respectively. Operating margin expanded by more than 800 basis points and free cash flow reached $403 million, while Morgan Stanley holds a $400 price target on the stock.

Keysight Technologies raised its fourth-quarter and full-year fiscal 2026 outlook after reporting record third-quarter results driven by AI infrastructure demand. The company expects fourth-quarter revenue between $1.930 billion and $1.950 billion, with earnings per share of $3.34 to $3.40, implying fiscal 2026 revenue growth of 32% and EPS growth of approximately 60% at the midpoint. Third-quarter orders rose 56% to $2.091 billion, revenue grew 36% to $1.846 billion, and net income reached $531 million, or $3.07 per share. Management highlighted that wireline revenue exceeded wireless revenue for the first time, and the Commercial Communications business generated its first $1 billion quarter with revenue of $1.006 billion, up 56%. Executives cautioned that supply chain constraints will remain the near-term governor of revenue, with demand far exceeding the company's ability to supply.

Several companies made notable moves in after-hours trading following their latest earnings reports. Toll Brothers dipped 0.3% after guiding fourth quarter deliveries to between 3,450 and 3,550 homes, versus the StreetAccount consensus of 3,508, while reporting third quarter earnings of $2.97 per share on revenue of $2.65 billion, beating LSEG estimates of $2.93 and $2.61 billion. Keysight Technologies rose 2% after posting adjusted earnings of $3.07 per share on revenue of $1.85 billion, exceeding FactSet expectations of $2.48 and $1.75 billion. La-Z-Boy tumbled 17% as first quarter adjusted earnings fell 9% to 43 cents per share and adjusted operating income dropped 20% to $18.7 million, with current quarter revenue guidance of $500 million to $520 million missing the FactSet consensus of $536.8 million. Mercury Systems slid more than 10% after projecting fiscal 2027 revenue of about $1.1 billion, above the $1.05 billion FactSet estimate, but fourth quarter adjusted earnings of 37 cents missed by one cent. Jack Henry & Associates gained 3% after reporting fourth quarter earnings of $1.57 per share on revenue of $644 million, topping FactSet forecasts of $1.47 and $631.6 million.

Lockheed Martin, Verizon, NVIDIA, Keysight Technologies, ODC, and Astris AI have demonstrated a new AI-enabled system for detecting and tracking unmanned aircraft systems using existing 5G networks. The NetSense Airspace Awareness-as-a-Service system was showcased in a July demonstration in the Miami area, where it identified, tracked, and monitored drones in real time by analyzing radio frequency disturbances through NVIDIA's AI Aerial platform and ODC's AI-native Radio Access Network software. The system leverages Verizon's 5G network spectrum and Keysight's radio frequency simulation platform, and is designed to be deployed faster and more cost-effectively than custom-built alternatives without requiring changes to existing cellular infrastructure. Pilot deployments are planned for the second half of 2026 and early 2027, with commercial general availability expected in 2027, and early access will be offered to select customers through Lockheed Martin's subsidiary Astris AI.

Industry research projects growth in the global power device analyzer market driven by electric vehicles, renewable energy systems, semiconductor production, and advanced industrial electronics, with combined AC/DC analyzers and automotive customers as key demand drivers. Keysight Technologies, a major supplier of power device analyzers, could see enhanced opportunities in EV, renewable, and semiconductor testing solutions, particularly in North America. The company's recent CES demonstrations focused on battery R&D, battery pack and BMS testing, and EV charging conformance, aligning with this trend. However, the near-term investment narrative remains dominated by tariff-related cost pressures and upcoming earnings as the main short-term catalyst. Keysight's narrative projects $8.7 billion revenue and $1.9 billion earnings by 2029, requiring 12.6% yearly revenue growth.

Synopsys and Keysight Technologies have certified advanced electronic design automation and electromagnetic simulation tools for Intel's latest 14A and 18A P foundry nodes. The certification expands Intel Foundry's design ecosystem for artificial intelligence and high performance computing customers using these advanced manufacturing processes. The new tool support is intended to help reduce design risk and shorten time to market for chips built on Intel process technology. Intel is working to position its foundry business as a supplier for AI and high performance computing chips, areas that attract heavy investment across the semiconductor industry. Certification of Synopsys and Keysight tools on 14A and 18A P gives chip designers more options to develop complex products on Intel's process technology.

Keysight Technologies has certified its RFPro electromagnetic design software for Intel Foundry’s Intel 14A and Intel 18A-P process technologies. The certification gives radio frequency integrated circuit and mixed-signal designers confidence that their electromagnetic simulations accurately reflect Intel Foundry’s latest manufacturing processes before chips move to production. Intel 14A introduces RibbonFET 2 and PowerDirect, new transistor and power delivery architectures. The move builds on Keysight’s ongoing collaboration with Intel Foundry, which already includes support for Intel 18A and EMIB-T advanced packaging technology. Intel Foundry’s Senior Vice President and General Manager of Foundry Services Shawn Han said the collaboration provides customers with greater confidence they can achieve their power, performance and efficiency goals and get to market more quickly.

Keysight Technologies and WIN Semiconductors have launched a joint automated MMIC design workflow for GaN RF and 5G hardware. The workflow connects multi-domain simulation and verification in a single environment to support tapeout success for GaN MMIC chips. The collaboration targets applications in 5G infrastructure, Wi-Fi, satellites, and defense hardware. GaN-based power and RF devices are being adopted across wireless infrastructure, aerospace, and defense, increasing technical pressure on chip designers and manufacturing partners. This joint workflow illustrates how Keysight is positioning its software and simulation stack around GaN MMIC development.

StockStory highlights Amazon, AppLovin, and Keysight as three S&P 500 stocks positioned to outperform. Amazon, with a market cap of $2.60 trillion, benefits from its e-commerce dominance and high-growth AWS segment, though its capital-intensive model pressures profitability. AppLovin, valued at $160.8 billion, has posted 30.4% annual revenue growth over two years and generates strong free cash flow from its AI-powered mobile advertising platform. Keysight, a $58.11 billion electronic measurement firm, boasts a 63.3% gross margin and a 21.2% free cash flow margin, reflecting its mission-critical offerings and efficient capital deployment.

Inspection instruments stocks reported a strong first quarter, with aggregate revenues missing analyst estimates by 0.5% but next-quarter revenue guidance coming in 2.5% above expectations. Itron posted revenues of $587 million, down 3.3% year-on-year but beating estimates by 2.6%, though it delivered the weakest guidance update among the five companies tracked. Viavi Solutions achieved the fastest revenue growth at 42.8% to $406.8 million, while Badger Meter saw revenues fall 9% to $202.3 million, missing estimates by 12.5%. Teledyne and Keysight also beat revenue expectations, with Teledyne reporting $1.56 billion and Keysight $1.72 billion.

Janus Henderson Investors' Global Sustainable Equity Fund highlighted Keysight Technologies as a notable contributor in its first-quarter 2026 investor letter. Keysight reported strong earnings above expectations, with order growth rising over 30% year-on-year, and management significantly upgraded revenue growth forecasts. The company provides electronic design and testing solutions across semiconductors, aerospace, and batteries, benefiting from multiple secular tailwinds including AI-driven infrastructure, advanced communications and networking, and electrification across several sectors. Keysight shares gained 112.99% over the past 52 weeks and closed at $351.30 on June 24, 2026, with a market capitalization of $60.04 billion.

Keysight Technologies rallied after reporting first-quarter fiscal 2026 earnings that beat forecasts and raising its outlook. The electronics testing company posted revenue and earnings per share above expectations, with strong order growth of about 22% year-on-year and an improving backlog. Management cited structural drivers including AI infrastructure, next-generation connectivity, and defense modernization as key tailwinds. The stock closed at $351.30 on June 24, 2026, with a one-month return of 3.59% and a 52-week gain of 112.99%, giving it a market capitalization of $60.04 billion.

The five inspection instruments stocks tracked by StockStory reported a strong first quarter, with aggregate revenues missing analyst consensus by 0.5% while next-quarter revenue guidance came in 2.5% above expectations. Keysight Technologies led with revenue of $1.72 billion, up 31.5% year-on-year and beating estimates by 0.8%, while also exceeding adjusted operating income and EPS guidance forecasts. Viavi Solutions posted the best quarter among peers, with revenue of $406.8 million up 42.8% year-on-year and a 3.5% beat, along with higher EPS guidance and EBITDA. Badger Meter was the weakest, with revenue of $202.3 million down 9% year-on-year and a 12.5% miss, missing on adjusted operating income and EPS. Teledyne reported revenue of $1.56 billion up 7.6% year-on-year and a 3% beat, while Itron posted revenue of $587 million down 3.3% year-on-year and a 2.6% beat, though Itron had the weakest guidance update among the group. On average, share prices of the tracked stocks are down 2.4% since their latest earnings results.

A $1000 investment in Keysight Technologies made in June 2016 would be worth $12,261.29 as of June 19, 2026, representing a gain of 1,126.13% excluding dividends but including price appreciation. Over the same period, the S&P 500 rose 262.13% and gold increased 212.32%. Keysight reported mixed second-quarter fiscal 2026 results, with earnings beating the Zacks Consensus Estimate while revenue missed, and it is benefiting from AI-driven data center expansion, higher test intensity from speed transitions, and momentum in aerospace, defense, and government programs. The company's 5G portfolio and demand for wafer and lithography solutions are supporting sales, though trade war tariffs and supply chain risks remain concerns. The stock has gained 7.74% over the past four weeks, and analysts have raised earnings estimates for fiscal 2026.

Keysight Technologies shares may be 5.1% undervalued following a series of AI-focused moves, including a Siemens partnership for automated testing and the completed acquisition of VPIphotonics for photonic system simulation. The stock has returned 31.04% over the past 90 days and 127.09% over one year, recently trading at $363.67, just below a fair value estimate of $383.08. Software and recurring services now account for 36% and 28% of total revenue, respectively, improving margins and reducing cyclicality. However, an earnings-based view shows a P/E of 57.9x versus a fair ratio of 36.6x, and the stock also trades above peer and industry averages, suggesting a valuation premium that could compress if growth softens. Risks include potential new tariffs adding $150 million to $175 million in annual costs and a faster-than-expected cooling of AI infrastructure spending.

Keysight Technologies reported mixed second-quarter fiscal 2026 results, with earnings surpassing the Zacks Consensus Estimate by 54 cents on a 31% year-over-year revenue increase to $1.72 billion, driven by strong demand from AI data centers, semiconductor, wireless, and defense markets. Non-GAAP net income rose to $497 million, or $2.87 per share, compared with $295 million, or $1.70 per share, a year earlier. The Communication Solutions Group segment generated $1.23 billion in revenues, up 35% year-over-year, while the Electronic Industrial Solutions Group segment increased to $486 million. For the third quarter, Keysight expects revenues between $1.73 billion and $1.75 billion and non-GAAP earnings per share of $2.43 to $2.49.

Keysight Technologies has completed its acquisition of VPIphotonics, a provider of system-level simulation software for optical communication networks and photonic systems. The deal adds full optical-link simulation to Keysight's existing photonic design automation portfolio, which already includes circuit-level design and device-level simulation tools. Keysight aims to capitalize on the silicon photonics market, projected to grow at a 29.5% CAGR through 2030, by offering an end-to-end platform spanning device physics, photonic circuit design, and hardware validation. The acquisition is expected to strengthen Keysight's position in supporting next-generation AI and data-center interconnect technologies.

StockStory identifies two industrials stocks with exciting potential and one facing headwinds. Autoliv, trading at $121.96 per share, is flagged as a sell due to soft revenue growth of 1.8% over the last two years, estimated 1.5% growth for the next 12 months, and a below-peer gross margin of 17.9%. Keysight, at $349.76 per share, is highlighted for its best-in-class gross margin of 63.3%, strong free cash flow, and stellar returns on capital. Watts Water Technologies, at $339.32 per share, is a top pick with annual revenue growth of 10.7% over five years, earnings per share growth boosted by share buybacks, and a free cash flow margin that expanded by 6.1 percentage points over the same period.