Keysight Technologies (NYSE:KEYS) Trading Down 6% – Here’s What Happened

Shares of Keysight Technologies Inc. (NYSE:KEYS) fell 6% during mid-day trading on Wednesday . The company traded as low as $317.91 and last traded at $320.4660. Approximately 927,057 shares were traded during trading, a decline of 36% from the average session volume of 1,442,212 shares. The stock had previously closed at $341.00.

Trending Headlines about Keysight Technologies

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

• Positive Sentiment: Keysight reported fiscal Q3 revenue of $1.85 billion and adjusted EPS of $3.07, exceeding consensus estimates of $1.75 billion and $2.48, respectively. Revenue increased 36.5% year over year, supported by growth in commercial communications and data-center-related demand. Keysight Technologies Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its fiscal 2026 outlook to approximately $7.1 billion in revenue and $11.46 in EPS, above Wall Street expectations. Its fourth-quarter forecast of $1.93-$1.95 billion in revenue and $3.34-$3.40 in EPS also topped consensus. Keysight expects Q4 revenue and raises fiscal outlook
• Positive Sentiment: Management said AI infrastructure demand is accelerating into fiscal 2027. Orders exceeded $2 billion, while a strong backlog, book-to-bill ratio and operating margin of 33.2% point to continued revenue momentum. Robert W. Baird raised its price target from $385 to $410 and maintained an “outperform” rating. KEYS Q3 earnings call highlights AI demand and supply limits
• Neutral Sentiment: Keysight’s growth outlook is increasingly tied to AI data-center investment, which creates substantial opportunity but also leaves results sensitive to customer spending cycles and execution.
• Negative Sentiment: Supply constraints may delay the conversion of Keysight’s order pipeline and backlog into reported revenue. Investors may also be taking profits after the strong run-up, particularly with the stock trading at a high valuation near 53 times earnings. Keysight forecasts quarterly profit above estimates

Analysts Set New Price Targets

KEYS has been the topic of several recent research reports. The Goldman Sachs Group reiterated a “buy” rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Citigroup reaffirmed a “buy” rating on shares of Keysight Technologies in a research report on Wednesday. Truist Financial lifted their price target on shares of Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday. Weiss Ratings lowered shares of Keysight Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Finally, Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $389.92.

Keysight Technologies Trading Down 6.6%

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 moving average is $334.12 and its two-hundred day moving average is $313.94. The firm has a market capitalization of $54.46 billion, a PE ratio of 52.46, a PEG ratio of 2.04 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter last year, the firm earned $1.72 EPS. The company’s quarterly revenue was up 36.5% compared to the same quarter last year. 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. On average, equities analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares in the company, valued at $43,860,996.12. This represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 5,507 shares of company stock valued at $1,904,669. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Annis Gardner Whiting Capital Advisors LLC boosted its position in Keysight Technologies by 15.0% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 222 shares of the scientific and technical instruments company’s stock worth $63,000 after purchasing an additional 29 shares during the period. Cornerstone Planning Group LLC lifted its stake in shares of Keysight Technologies by 36.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 30 shares in the last quarter. Kera Capital Partners Inc. lifted its stake in shares of Keysight Technologies by 0.9% during the 1st quarter. Kera Capital Partners Inc. now owns 3,276 shares of the scientific and technical instruments company’s stock valued at $925,000 after buying an additional 30 shares in the last quarter. KCM Investment Advisors LLC boosted its holdings in Keysight Technologies by 1.3% in the 1st quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company’s stock worth $659,000 after buying an additional 30 shares during the period. Finally, WPG Advisers LLC grew its stake in Keysight Technologies by 16.5% in the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock valued at $62,000 after buying an additional 31 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other 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.