KEYS Stock Analysis: Keysight Technologies | NYSE

Oscilloscopes, Signal Generators, Spectrum Analyzers, Modular Instruments

Total Rating 70

Safety 71

Buy Signal 0.13

Scientific & Technical Instruments
Industry Rotation: -12.7

Market Cap: 53.6B
Avg Turnover: 438M

Risk 3d forecast

Volatility66.1%

VaR 5^th Pctl10.8%

VaR vs Median-0.52%

Reward TTM

Sharpe Ratio1.35

Rel. Str. IBD82.7

Rel. Str. Peer Group81.3 pctl

Character TTM

Beta1.922

Beta Downside1.713

Hurst Exponent0.534

Choppyness60.5%

Drawdowns 3y

Max DD31.38%

CAGR/Max DD1.12

CAGR/Mean DD4.51

EPS (Earnings per Share)

EPS CAGR: 5.12%
EPS Trend: 33.7%

Last SUE: 3.93
Qual. Beats: 4

Revenue

Rev. CAGR: 6.37%
Rev. Trend: 65.2%

Last SUE: 4.00
Qual. Beats: 1

Warnings

Below Avwap Earnings

Below Sma 200d

Tailwinds

Seasonal Tailwind

Confidence

Seasonality 11.7 years of data

Jan +2.9% 8

Feb -0.7% 7

Mar -2.3% 9

Apr -2.7% 34

May +0.9% 5

Jun -0.5% 5

Jul -1.5% 8

Aug +0.2% 5

Sep +0.6% 18

Oct +1.9% 25

Nov +6.4% 58

Dec -2.3% 40

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: KEYS Keysight Technologies

Keysight Technologies, Inc. (NYSE: KEYS) is a US-based provider of electronic design and test solutions, operating through two segments: Communications Solutions Group and Electronic Industrial Solutions Group. The company delivers software, instrumentation, systems, and related services used across the design, simulation, validation, manufacturing, installation, and optimization of communication and electronic systems for end markets including wireless, data centers, aerospace/defense/government, automotive, energy, semiconductor, and general electronics.

Its product portfolio spans oscilloscopes, signal generators and power supplies, analyzers, modular instruments, network test and security tools, and software products, complemented by KeysightCare support plans and a range of professional, calibration, consulting, and managed services. Founded in 1939 and headquartered in Santa Rosa, California, Keysight has been publicly traded since its November 2014 IPO and is classified as a large-cap Information Technology stock in the GICS Electronic Equipment & Instruments sub-industry.

The electronic test and measurement (T&M) sector is characterized by high barriers to entry, driven by the need for deep engineering expertise, long product lifecycles, and entrenched customer relationships with R&D and manufacturing teams. Demand tends to track capital spending by semiconductor, communications, and automotive customers, as well as long-cycle defense and aerospace programs, giving the segment relatively defensive characteristics compared with broader IT hardware.

Headlines to Watch Out For

AI data center test demand accelerates network solutions revenue
China demand weakness pressures communications solutions segment growth
Aerospace defense spending lifts electronic industrial solutions orders

Piotroski VR-10 (Strict) 7.5

Net Income: 1.26b TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA -0.70 > 1.0
NWC/Revenue: 40.63% < 20% (prev 77.13%; Δ -36.51% < -1%)
CFO/TA 0.13 > 3% & CFO 1.60b > Net Income 1.26b
Net Debt (370.0m) to EBITDA (1.71b): 0.22 < 3
Current Ratio: 2.02 > 1.5 & < 3
Outstanding Shares: last quarter (173.0m) vs 12m ago 0.0% < -2%
Gross Margin: 64.69% > 18% (prev 62.37%; Δ 2.32% > 0.5%)
Asset Turnover: 58.32% > 50% (prev 49.23%; Δ 9.09% > 0%)
Interest Coverage Ratio: 13.61 > 6 (EBIT TTM 1.47b / Interest Expense TTM 108.0m)

Altman Z'' 5.85

A: 0.22 (Total Current Assets 5.29b - Total Current Liabilities 2.61b) / Total Assets 11.9b
B: 0.68 (Retained Earnings 8.10b / Total Assets 11.9b)
C: 0.13 (EBIT TTM 1.47b / Avg Total Assets 11.3b)
D: 1.23 (Book Value of Equity 6.57b / Total Liabilities 5.35b)
Altman-Z'' = 5.85 = AAA

Beneish M -2.54

DSRI: 1.23 (Receivables 1.07b/692.0m, Revenue 6.58b/5.24b)
GMI: 0.96 (GM 62.37% / 64.69%)
AQI: 1.25 (AQ_t 0.48 / AQ_t-1 0.38)
SGI: 1.26 (Revenue 6.58b / 5.24b)
TATA: -0.03 (NI 1.26b - CFO 1.60b) / TA 11.9b)
Beneish M = -2.54 (Cap -4..+1) = A

What is the price of KEYS shares?

As of October 31, 2026, the stock is trading at USD 307.20 with a total of 1,788,954 shares traded. Over the past week, the price has changed by -2.40%, over one month by -14.82%, over three months by -1.76% and over the past year by +75.17%.

Current recommended Stop Loss: 291.50 (which is 5.1% or 1.3 ATR below the current price).

Is KEYS a buy, sell or hold?

Keysight Technologies has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy KEYS.

StrongBuy: 7
Buy: 3
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the KEYS price?

Analysts Target Price	418	36.1%

Keysight Technologies (KEYS) - Fundamental Data Overview as of 27 October 2026

Market Cap USD = 53.6b (53.6b USD * 1.0 USD.USD)
P/E Trailing = 42.594
P/E Forward = 22.0264
P/S = 8.1416
P/B = 8.9985
P/EG = 0.6887
Revenue TTM = 6.58b USD
EBIT TTM = 1.47b USD
EBITDA TTM = 1.71b USD
Long Term Debt = 1.82b USD (from longTermDebt, last quarter)
Short Term Debt = 753.0m USD (from shortTermDebt, last quarter)
Debt = 2.98b USD (from shortLongTermDebtTotal, last quarter) + Leases 229.0m
Net Debt = 370.0m USD (calculated: Debt 2.98b - CCE 2.60b)
Enterprise Value = 54.0b USD (53.6b + Debt 2.98b - CCE 2.60b)
Interest Coverage Ratio = 13.61 (Ebit TTM 1.47b / Interest Expense TTM 108.0m)
EV/FCF = 36.73x (Enterprise Value 54.0b / FCF TTM 1.47b)
FCF Yield = 2.72% (FCF TTM 1.47b / Enterprise Value 54.0b)
FCF Margin = 22.32% (FCF TTM 1.47b / Revenue TTM 6.58b)
Net Margin = 19.08% (Net Income TTM 1.26b / Revenue TTM 6.58b)
Gross Margin = 64.69% ((Revenue TTM 6.58b - Cost of Revenue TTM 2.32b) / Revenue TTM)
Gross Margin QoQ = 65.87% (prev 68.61%)
Tobins Q-Ratio = 4.53 (Enterprise Value 54.0b / Total Assets 11.9b)
Interest Expense / Debt = 3.63% (Interest Expense 108.0m / Debt 2.98b)
Taxrate = 9.61% (136.0m / 1.42b)
NOPAT = 1.33b (EBIT 1.47b * (1 - 9.61%))
Current Ratio = 2.02 (Total Current Assets 5.29b / Total Current Liabilities 2.61b)
Debt / Equity = 0.45 (Debt 2.98b / totalStockholderEquity, last quarter 6.57b)
Debt / EBITDA = 0.22 (Net Debt 370.0m / EBITDA 1.71b)
Debt / FCF = 0.25 (Net Debt 370.0m / FCF TTM 1.47b)
Total Stockholder Equity = 6.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.13% (Net Income 1.26b / Total Assets 11.9b)
RoE = 20.11% (Net Income TTM 1.26b / Total Stockholder Equity 6.25b)
RoCE = 18.23% (EBIT 1.47b / Capital Employed (Equity 6.25b + L.T.Debt 1.82b))
RoIC = 13.65% (NOPAT 1.33b / Invested Capital 9.73b)
WACC = 11.63% (E(53.6b)/V(56.6b) * Re(12.09%) + D(2.98b)/V(56.6b) * Rd(3.63%) * (1-Tc(0.10)))
Discount Rate = 12.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -75.57 | Cagr: -0.51%
[DCF] Terminal Value 65.82% ; FCFF base≈1.44b ; Y1≈1.51b ; Y5≈1.76b
[DCF] Fair Price = 99.81 (EV 17.4b - Net Debt 370.0m = Equity 17.0b / Shares 170.2m; r=11.63% [WACC]; 5y FCF grow 5.91% → 2.50% )
EPS Correlation: 33.65 | EPS CAGR: 5.12% | SUE: 3.93 | # QB: 4
Revenue Correlation: 65.23 | Revenue CAGR: 6.37% | SUE: 4.0 | # QB: 1
EPS current Quarter (2027-01-31): EPS=3.25 | Chg30d=+0.34% | Revisions=+25% | Analysts=11
EPS current Year (2026-10-31): EPS=11.47 | Chg30d=-0.22% | Revisions=+79% | GrowthEPS=+60.2% | GrowthRev=+32.4%
EPS next Year (2027-10-31): EPS=13.93 | Chg30d=+2.08% | Revisions=+40% | GrowthEPS=+21.4% | GrowthRev=+15.4%
[Analyst] Revisions Ratio: +82% (up=14, down=0)