Key statistics

Is KEYS a good stock to buy in 2026?

While a strong 80.0% of analysts rate KEYS stock as a “Buy” with an implied -18.3% upside to their consensus target of $289.25, concerns around its valuation persist. The stock trades at a high P/E ratio of 63.55x, significantly above the sector average of 28x, and its discounted cash flow (DCF) fair value of $96.1 suggests it is substantially overvalued by -72.9%. Investors should approach KEYS stock with caution, as current pricing appears to factor in considerable future growth. Not investment advice.

2026 KEYS price scenarios

Based on analyst consensus of $289.25 from 15 analysts. Not a prediction by Alert Invest.

About Keysight Technologies, Inc. (KEYS)

Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

Led by CEO Satish C. Dhanasekaran, Keysight Technologies employs 15,400 dedicated individuals who drive its mission to accelerate innovation with a broad range of advanced testing and measurement solutions. A distinctive strength of Keysight lies in its ability to cater to highly specialized and evolving technology sectors, from 5G and IoT to aerospace and automotive, positioning it as an indispensable partner for companies pushing the boundaries of engineering.

KEYS competitive moat and business analysis

Keysight Technologies, Inc. maintains a robust competitive advantage through its highly specialized and proprietary test and measurement solutions, which are critical for the development and deployment of advanced technologies. The company’s strong net margin of 16.88% highlights its pricing power and operational efficiency within a niche market where expertise and intellectual property are key barriers to entry. While ROE and ROIC data is not available, the consistent profitability suggests efficient capital allocation in its core business.

Keysight’s revenue streams are diversified across various high-growth industries, including commercial communications, aerospace and defense, and automotive. This broad market presence, spanning the Americas, Europe, and Asia Pacific, reduces reliance on any single sector or geographical region. By offering essential tools and software for electronic design automation, network testing, and signal analysis, Keysight embeds itself deeply into its customers’ R&D and production cycles.

The company’s moat is reinforced by an 8.0% revenue growth, indicating sustained demand for its sophisticated products and services. This consistent growth trajectory in a complex technology landscape underscores Keysight’s ability to adapt and innovate, maintaining its relevance and leadership in areas like 5G, advanced computing, and electromobility testing. The technical complexity and high cost of switching for customers further strengthen its market position.

When considering the strength of KEYS stock against its peers, it’s beneficial to analyze its position relative to companies like Celestica Inc. (CLS), Ericsson (ERIC), and Flex Ltd. (FLEX). Each peer operates within the broader Technology sector but often targets different aspects of the hardware and equipment ecosystem. Comparing KEYS vs CLS, KEYS vs ERIC, and KEYS vs FLEX can reveal insights into relative valuation, growth prospects, and financial health within this diverse industry.

Keysight Technologies, Inc. analyst rating

Based on 15 analysts. 80.0% rate KEYS Buy or Strong Buy.

An 80.0% Buy rating from analysts is generally considered a very strong endorsement, particularly within the competitive Technology sector. However, investors evaluating KEYS stock should consider this enthusiasm alongside the stated downside to the consensus target of -18.3%.

Is KEYS undervalued or overvalued?

When evaluating the KEYS valuation, a notable concern arises from its price-to-earnings (P/E) ratio of 63.55x, which is significantly higher than the Technology sector average of 28x. This suggests that the market has very high growth expectations for Keysight Technologies, Inc., potentially making the KEYS stock quite expensive relative to its current earnings.
Further supporting the notion of overvaluation, the discounted cash flow (DCF) model estimates Keysight’s fair value at just $96.1, indicating a substantial -72.9% difference compared to its current price. While these models have their limitations, this significant discrepancy flags a potential risk for investors seeking value in KEYS stock.

KEYS financial health & key metrics

For value investors, Keysight Technologies, Inc. presents a mixed financial picture. While the company demonstrates strong profitability with a net margin of 16.88% and healthy leverage ratios with a debt/equity of 0.48x, its valuation metrics signal caution. The elevated P/E ratio and a DCF fair value significantly below the current price suggest that the KEYS stock may be overextended. Revenue growth of 8.0% is solid, but the current price demands even higher growth and profitability to justify its premium, making it less attractive for those strictly adhering to value principles.

Keysight Technologies, Inc. earnings history & next report

Keysight Technologies, Inc. reported EPS of $2.17, beating estimates by 8.5%. Next earnings: 2026-05-19 with EPS estimate of $2.33.

When Keysight Technologies, Inc. reports its next earnings on 2026-05-19, investors will be keenly watching for several key indicators. Beyond the headline EPS estimate of $2.33, focus will be on revenue performance across its core segments, particularly the Communications Solutions Group, to gauge demand in critical markets like 5G and AI. Any updates on supply chain conditions, order backlog, and management’s forward guidance for both revenue and profitability will be crucial for assessing the future trajectory of KEYS stock.

KEYS daily short volume

Short volume data from FINRA CNMS Consolidated — shares sold short in the most recent US trading session. A high short ratio can signal bearish conviction or a potential short squeeze. Updated every trading day.

KEYS insider trading activity

Corporate insiders must report trades to the SEC within two business days.

Source: SEC Form 4 via EDGAR · Data: Financial Modeling Prep · Not investment advice

Recent KEYS analyst rating changes

Keysight Technologies, Inc. stock news today

How does KEYS compare to its peers?

Understanding how Keysight Technologies, Inc. (KEYS) stacks up against its competitors is crucial for a comprehensive investment analysis. While Keysight operates in a specialized niche, comparing its metrics and business model with other significant players in the broader Hardware, Equipment & Parts industry can provide valuable context for the KEYS stock performance.

FAQ — Keysight Technologies, Inc. (KEYS) stock