Keysight Technologies (NYSE:KEYS) Price Target Raised to $320.00 at Citigroup

Keysight Technologies (NYSE:KEYS) had its price objective raised by Citigroup from $282.00 to $320.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a buy rating on the scientific and technical instruments company’s stock.

A number of other equities analysts also recently weighed in on KEYS. Bank of America raised Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a research report on Tuesday, February 24th. Morgan Stanley raised their price objective on Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 24th. Wells Fargo & Company lifted their target price on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Susquehanna reissued a “positive” rating and set a $300.00 target price on shares of Keysight Technologies in a report on Tuesday, February 24th. Finally, Robert W. Baird increased their price target on Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $298.82.

Keysight Technologies Stock Performance

NYSE KEYS opened at $289.30 on Monday. The firm has a market capitalization of $49.61 billion, a P/E ratio of 52.13, a price-to-earnings-growth ratio of 2.16 and a beta of 1.12. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average price is $251.18 and its two-hundred day moving average price is $208.60. Keysight Technologies has a 1 year low of $121.43 and a 1 year high of $317.00.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The company’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.82 EPS. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, research analysts anticipate that Keysight Technologies will post 6.32 EPS for the current year.

Keysight Technologies announced that its board has authorized a stock buyback program on Monday, November 24th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $237.68, for a total transaction of $475,360.00. Following the completion of the sale, the senior vice president owned 107,861 shares of the company’s stock, valued at approximately $25,636,402.48. This represents a 1.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ronald S. Nersesian sold 30,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the sale, the director owned 163,377 shares in the company, valued at $46,719,286.92. This represents a 15.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 35,556 shares of company stock valued at $10,025,731. Company insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in shares of Keysight Technologies by 92.6% during the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after buying an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in Keysight Technologies by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after buying an additional 122 shares in the last quarter. Empowered Funds LLC boosted its stake in Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock valued at $1,595,000 after buying an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after acquiring an additional 157 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in Keysight Technologies in the second quarter valued at about $254,000. 84.58% of the stock is currently owned by institutional investors.

About Keysight Technologies

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.