Keysight Technologies (NYSE:KEYS) Shares Gap Down – Here’s Why

Keysight Technologies Inc. (NYSE:KEYS)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $344.11, but opened at $330.00. Keysight Technologies shares last traded at $345.8110, with a volume of 613,293 shares changing hands.

Keysight Technologies News Summary

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

• Positive Sentiment: JPMorgan raised its price target on Keysight Technologies (KEYS) from $360 to $390 and reiterated an overweight rating, signaling confidence in further upside after the company’s strong quarter. JPMorgan raises Keysight price target to $390
• Positive Sentiment: Analysts said Keysight has doubled its AI customer base, with growth broadening across end markets, reinforcing the view that AI-related demand is becoming a bigger driver of future revenue. Seeking Alpha article on AI customer growth
• Positive Sentiment: Keysight’s fiscal Q2 results beat EPS expectations, with earnings of $2.87 versus $2.32 expected, and revenue growth of about 31% year over year, driven by AI data center and chip demand. Zacks article on Q2 earnings
• Positive Sentiment: Several analysts increased forecasts after the strong quarter, suggesting Street sentiment is improving and could support the stock’s valuation. Benzinga analyst forecast increases
• Neutral Sentiment: Unusual options activity showed elevated call buying, which may reflect speculation that the post-earnings move has more room to run, but it does not by itself change fundamentals.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on KEYS shares. Robert W. Baird raised their price objective on Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday. Morgan Stanley lifted their target price on Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Truist Financial set a $376.00 target price on Keysight Technologies in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $371.92.

Keysight Technologies Stock Down 1.2%

The stock has a fifty day moving average of $320.23 and a 200 day moving average of $253.99. The firm has a market capitalization of $57.98 billion, a P/E ratio of 55.61, a price-to-earnings-growth ratio of 2.48 and a beta of 1.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 2.02.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same period last year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, research analysts anticipate that Keysight Technologies Inc. will post 7.91 EPS for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 1,667 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the completion of the transaction, the chief executive officer owned 122,398 shares in the company, valued at approximately $36,719,400. This represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffrey K. Li sold 2,000 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total transaction of $594,380.00. Following the transaction, the senior vice president owned 34,499 shares of the company’s stock, valued at approximately $10,252,757.81. The trade was a 5.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 38,334 shares of company stock valued at $11,057,870 in the last 90 days. 0.40% of the stock is currently owned by company insiders.

Institutional Trading of Keysight Technologies

Several hedge funds have recently made changes to their positions in KEYS. AQR Capital Management LLC raised its stake in shares of Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after buying an additional 13,085 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Keysight Technologies by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after buying an additional 122 shares during the period. Empowered Funds LLC raised its stake in shares of Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock valued at $1,595,000 after buying an additional 2,461 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after buying an additional 157 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in shares of Keysight Technologies in the second quarter valued at $254,000. 84.58% of the stock is currently owned by institutional investors.

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.