(KEYS) Keysight Technologies - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US49338L1035

Stock:

Total Rating 77

Risk 85

Buy Signal 1.42

Scientific & Technical Instruments +2.9
Electronic Equipment & Instruments -2.6

Market Cap: 52,581m
Avg Trading Vol: 283M USD

ATR: 3.85%
Peers RS (IBD): 84.38

Risk 5d forecast
Volatility	30.1%
Relative Tail Risk	-13.6%

Reward TTM
Sharpe Ratio	1.75
Alpha	67.01

Character TTM
Beta	1.626
Beta Downside	1.944

Drawdowns 3y
Max DD	31.38%
CAGR/Max DD	0.79

EPS (Earnings per Share)

EPS CAGR: 4.65%
EPS Trend: -42.8%

Last SUE: 1.02
Qual. Beats: 1

Revenue

Rev. CAGR: 4.61%
Rev. Trend: 6.1%

Last SUE: 4.00
Qual. Beats: 7

Description: KEYS Keysight Technologies

Keysight Technologies, Inc. provides electronic design and test solutions worldwide. The company operates through Communications Solutions Group and Electronic Industrial Solutions Group segments. It offers electronic design and test software, instrumentation, systems, and related services used in the design, simulation, validation, manufacturing, installation, and optimization of communication systems in wireless, data center ecosystem, enterprise, and aerospace, defense, and government end markets. The company also develops and deploys communications products and services; and operates communications networks. In addition, it provides electronic design, test and simulation software, instrumentation, systems, computer-aided engineering solutions, and related services used in the design, simulation, validation, manufacturing, installation, and optimization of electronic equipment in the automotive and energy, semiconductor solutions, and general electronics industries. Further, the company offers product support; technical and application support for hardware, software, and solutions; and professional services, such as installation, training, engineering, optimization of equipment and solution adoption, utilization, and integration services. Additionally, it provides oscilloscopes; generators, sources and power supplies; software products; analyzers; wireless products; network test and security; modular instruments; meters; network visibility; and other products, as well as KeysightCare support plans, calibration, repair, technology refresh, test as a service, network/security, consulting, financial alternatives, education, software testing, support, managed, device vulnerability analysis, support portal, and used equipment services. Keysight Technologies, Inc. was founded in 1939 and is headquartered in Santa Rosa, California.

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income: 958.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.13 > 0.02 and ΔFCF/TA 2.51 > 1.0
NWC/Revenue: 51.01% < 20% (prev 58.73%; Δ -7.72% < -1%)
CFO/TA 0.13 > 3% & CFO 1.47b > Net Income 958.0m
Net Debt (780.0m) to EBITDA (1.41b): 0.56 < 3
Current Ratio: 2.60 > 1.5 & < 3
Outstanding Shares: last quarter (173.0m) vs 12m ago -0.57% < -2%
Gross Margin: 61.86% > 18% (prev 0.63%; Δ 6124 % > 0.5%)
Asset Turnover: 54.41% > 50% (prev 53.46%; Δ 0.95% > 0%)
Interest Coverage Ratio: 11.03 > 6 (EBITDA TTM 1.41b / Interest Expense TTM 105.0m)

Altman Z'' 5.91

A: 0.25 (Total Current Assets 4.70b - Total Current Liabilities 1.80b) / Total Assets 11.48b
B: 0.64 (Retained Earnings 7.36b / Total Assets 11.48b)
C: 0.11 (EBIT TTM 1.16b / Avg Total Assets 10.43b)
D: 1.36 (Book Value of Equity 7.16b / Total Liabilities 5.28b)
Altman-Z'' Score: 5.91 = AAA

Beneish M -2.96

DSRI: 0.86 (Receivables 914.0m/941.0m, Revenue 5.68b/5.02b)
GMI: 1.01 (GM 61.86% / 62.57%)
AQI: 1.20 (AQ_t 0.50 / AQ_t-1 0.42)
SGI: 1.13 (Revenue 5.68b / 5.02b)
TATA: -0.04 (NI 958.0m - CFO 1.47b) / TA 11.48b)
Beneish M-Score: -2.96 (Cap -4..+1) = A

What is the price of KEYS shares?

As of February 28, 2026, the stock is trading at USD 307.33 with a total of 2,997,536 shares traded.
Over the past week, the price has changed by +26.19%, over one month by +41.09%, over three months by +55.26% and over the past year by +94.25%.

Is KEYS a buy, sell or hold?

Keysight Technologies has received a consensus analysts rating of 4.23. Therefore, it is recommended to buy KEYS.

StrongBuy: 6
Buy: 5
Hold: 1
Sell: 1
StrongSell: 0

What are the forecasts/targets for the KEYS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	294.8	-4.1%
Analysts Target Price	294.8	-4.1%

KEYS Fundamental Data Overview February 28, 2026

P/E Trailing = 53.7838
P/E Forward = 21.8818
P/S = 9.2621
P/B = 5.3091
P/EG = 1.0934
Revenue TTM = 5.68b USD
EBIT TTM = 1.16b USD
EBITDA TTM = 1.41b USD
Long Term Debt = 2.53b USD (from longTermDebt, last fiscal year)
Short Term Debt = 52.0m USD (from shortTermDebt, last quarter)
Debt = 2.96b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 780.0m USD (from netDebt column, last quarter)
Enterprise Value = 53.36b USD (52.58b + Debt 2.96b - CCE 2.18b)
Interest Coverage Ratio = 11.03 (Ebit TTM 1.16b / Interest Expense TTM 105.0m)
EV/FCF = 36.40x (Enterprise Value 53.36b / FCF TTM 1.47b)
FCF Yield = 2.75% (FCF TTM 1.47b / Enterprise Value 53.36b)
FCF Margin = 25.82% (FCF TTM 1.47b / Revenue TTM 5.68b)
Net Margin = 16.88% (Net Income TTM 958.0m / Revenue TTM 5.68b)
Gross Margin = 61.86% ((Revenue TTM 5.68b - Cost of Revenue TTM 2.17b) / Revenue TTM)
Gross Margin QoQ = 62.19% (prev 61.24%)
Tobins Q-Ratio = 4.65 (Enterprise Value 53.36b / Total Assets 11.48b)
Interest Expense / Debt = 0.98% (Interest Expense 29.0m / Debt 2.96b)
Taxrate = 19.69% (213.0m / 1.08b)
NOPAT = 930.0m (EBIT 1.16b * (1 - 19.69%))
Current Ratio = 2.60 (Total Current Assets 4.70b / Total Current Liabilities 1.80b)
Debt / Equity = 0.48 (Debt 2.96b / totalStockholderEquity, last quarter 6.21b)
Debt / EBITDA = 0.56 (Net Debt 780.0m / EBITDA 1.41b)
Debt / FCF = 0.53 (Net Debt 780.0m / FCF TTM 1.47b)
Total Stockholder Equity = 5.81b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.18% (Net Income 958.0m / Total Assets 11.48b)
RoE = 16.50% (Net Income TTM 958.0m / Total Stockholder Equity 5.81b)
RoCE = 13.88% (EBIT 1.16b / Capital Employed (Equity 5.81b + L.T.Debt 2.53b))
RoIC = 11.33% (NOPAT 930.0m / Invested Capital 8.21b)
WACC = 11.31% (E(52.58b)/V(55.54b) * Re(11.90%) + D(2.96b)/V(55.54b) * Rd(0.98%) * (1-Tc(0.20)))
Discount Rate = 11.90% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 71.28% ; FCFF base≈1.26b ; Y1≈1.56b ; Y5≈2.66b
[DCF] Fair Price = 151.1 (EV 26.70b - Net Debt 780.0m = Equity 25.92b / Shares 171.5m; r=11.31% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -42.82 | EPS CAGR: 4.65% | SUE: 1.02 | # QB: 1
Revenue Correlation: 6.08 | Revenue CAGR: 4.61% | SUE: 4.0 | # QB: 7
EPS next Quarter (2026-04-30): EPS=2.31 | Chg7d=+0.404 | Chg30d=+0.408 | Revisions Net=+1 | Analysts=11
EPS current Year (2026-10-31): EPS=8.85 | Chg7d=+0.739 | Chg30d=+0.750 | Revisions Net=+2 | Growth EPS=+23.6% | Growth Revenue=+23.0%
EPS next Year (2027-10-31): EPS=10.15 | Chg7d=+0.865 | Chg30d=+0.878 | Revisions Net=+2 | Growth EPS=+14.8% | Growth Revenue=+7.4%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 10.0% (Discount Rate 11.9% - Earnings Yield 1.9%)
[Growth] Growth Spread = +20.3% (Analyst 30.3% - Implied 10.0%)

Additional Sources for KEYS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle