NYSEInformation TechnologyScientific & Technical InstrumentsSnapshot 2026-07-07
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Track KEYS free→Intact: The reason to own it still holds.
Keysight grows revenue about 19% a year, hitting $1.74 billion next quarter. Profit per share is rising, with EPS near $2.46 next quarter. The company beat earnings by 24% last quarter and raised guidance. It is expanding its product range through acquisitions, supporting lasting growth.
The recent 17% drop from highs shows investor caution. Profit margins could thin if costs rise. Leadership changes and credit agreements may pressure execution. Growth might slow below analyst expectations.
The price is about 25% above our fair value near $250, reflecting roughly 19% revenue growth. Our fair value is 35% below the Street median, indicating the market prices in stronger growth than we expect.
Breaks if: EPS falls below $2.43 in Q3 FY2026
Achieve non-GAAP EPS growth for fiscal year 2025.
Stated in 4 of last 4 quarters. EPS increased from $0.97 in 2025-Q1 to $2.02 in 2026-Q2, indicating progress towards the 13% growth target for fiscal year 2025. The company is delivering on its EPS growth priority.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Non-GAAP earnings per share growth for fiscal year 2025 is expected to be approximately 13 percent.”
“Non-GAAP earnings per share for Q3 2025 are expected to be in the range of $1.63 to $1.69.”
“Non-GAAP earnings per share for Q2 2025 are expected to be in the range of $1.95 to $2.01.”
“Non-GAAP earnings per share for Q1 2025 are expected to be in the range of $1.63 to $1.69.”
Breaks if: Acquisition fails to contribute to revenue or profit growth by FY26 end
Breaks if: revenue falls below $1.69B in Q3 FY2026
Focus on achieving revenue growth for fiscal year 2025.
Stated in 4 of last 4 quarters. Revenue grew from $1.297 billion in 2025-Q1 to $1.717 billion in 2026-Q2, reflecting a positive trajectory towards the 7% growth target for fiscal year 2025. The company is delivering on its revenue growth priority.
“Fiscal year 2025 revenue growth is expected to be approximately 7 percent.”
“Revenue guidance for Q3 2025 is expected to be in the range of $1.305 billion to $1.325 billion.”
“Revenue guidance for Q2 2025 is expected to be in the range of $1.53 billion to $1.55 billion.”
“Revenue guidance for Q1 2025 is expected to be in the range of $1.305 billion to $1.325 billion.”
Meet revenue guidance for the second fiscal quarter of 2026.
Stated in 2 of last 2 quarters. Revenue reached $1.717 billion in 2026-Q2, exceeding the guidance range of $1.690 billion to $1.710 billion. The company is delivering on its revenue guidance for Q2 2026.
“Keysight's second fiscal quarter of 2026 revenue is expected to be in the range of $1.690 billion to $1.710 billion.”
“Keysight's first fiscal quarter of 2026 revenue is expected to be in the range of $1.53 billion to $1.55 billion.”
