Keysight: The AI and Defense Stock Seeing Big Price Target Boosts

Summary

Keysight Technologies NYSE: KEYS is a company sitting in the middle of two big economic trends: the artificial intelligence (AI) buildout and defense modernization. Keysight Technologies TodayKEYSKeysight Technologies$347.76 -7.98 (-2.24%) As of 01:56 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$152.85▼$370.17P/E Ratio57.20Price Target$371.92 With these forces behind it, Keysight shares have performed very well over the recent past. Since the start of 2025, the stock is up more than 100%, and in 2026, shares have gained about 70%.Get Keysight Technologies alerts:Sign Up Keysight spiked 23% following its February earnings report, leading the stock to near $300 per share. Since then, Keysight has continued to climb, now trading closer to $350. Keysight just released its fiscal Q2 earnings, and the results were the best the company has ever seen. Although the stock did not receive a big boost from markets, the opposite was true for Wall Street price targets. After the report, analysts issued big-time price target increases, signaling support for the continuation of Keysight’s impressive run. Keysight Wallops Adjusted EPS Estimates, Issues Large Guidance RaiseIn its report, Keysight posted revenue of $1.72 billion, or an increase of just over 31% year-over-year (YOY). (Note that Keysight reports its fiscal results slightly ahead of the calendar year.) This marked Keysight’s fastest revenue growth rate in five years since the company saw sales rise by 36% YOY in early 2021. Keysight’s revenue very slightly beat estimates of $1.71 billion. The much larger beat came on the bottom line. Keysight saw its adjusted earnings per share (EPS) rise by a massive 69% YOY to $2.87. Meanwhile, analysts had forecasted a figure of $2.32, implying growth of only 36% YOY. Still, it is important to note that a $96 million tariff refund benefited adjusted EPS significantly. Without this benefit, the company still would have beat, but by a much s...