Stocks · Technology · Hardware, Equipment & Parts
Keysight Technologies, Inc. KEYS
$384.64 +2.88% Close, Oct 2, 2026 · NYSE · Market cap $65.73B
Strong trendLow risk
Next earnings report: Nov 23, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $7.26, up 131.2% year over year.
- Over the past year the stock returned +122.2%, ahead of the S&P 500 by 107.1 percentage points.
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +15.1%).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 24%
- EPS growth (TTM, YoY)Top 16%
- FCF growth (TTM, YoY)Bottom 29%
- Revenue growth, 3-year CAGRBottom 29%
- Revenue growth accelerationTop 16%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 21%
- Gross marginTop 33%
- Operating marginTop 15%
- Cash conversion (OCF / net income)Bottom 28%
- Accruals (lower is better)Bottom 26%
- Net debt / EBITDA (lower is better)Top 46%
- Interest coverTop 25%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 41%
- Free-cash-flow yieldBottom 43%
- EBITDA / enterprise valueBottom 47%
- Sales / enterprise valueBottom 23%
- P/E vs own 5-year history (lower is better)Bottom 10%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 12%
- 6-month returnTop 43%
- 1-year return vs S&P 500Top 11%
- Distance from 52-week highTop 1%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 35%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 23%
- Upside to consensus price targetBottom 28%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 17%
- Maximum drawdown, 3 yearsTop 3%
- Beta vs S&P 500 (lower is better)Bottom 40%
- Net debt / EBITDA (lower is better)Top 46%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 19.2% | 25.5% | ↑ |
| EPS growth (YoY) | 42.5% | 131.2% | ↑ |
| Gross margin | 62.4% | 64.7% | ↑ |
| Operating margin | 17.0% | 20.3% | ↑ |
| FCF margin | 28.7% | 22.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 25.5% | 19.2% | ↑ | Top 24% |
| EPS growth (TTM, YoY) | 131.2% | 42.5% | ↑ | Top 16% |
| Gross margin | 64.7% | 62.4% | ↑ | Top 33% |
| Operating margin | 20.3% | 17.0% | ↑ | Top 15% |
| Net margin | 19.1% | 10.4% | ↑ | — |
| Free-cash-flow margin | 22.3% | 28.7% | ↓ | — |
| Return on invested capital | 12.0% | — | Top 21% | |
| Revenue growth, 3-year CAGR | -0.3% | — | Bottom 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.28×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 3.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +28.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.08×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 12.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.76%
- Shareholder yield
- 0.76%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- -1.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Sep 2, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +15.1%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $416.63
- Target vs current price
- +8.3%
- Analysts with a rating
- 16
- Share rating Buy or Strong Buy
- 81%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 18, 2026 | +23.8% | -5.6% | -14.0% | -13.2% | — |
| May 19, 2026 | +23.7% | +1.1% | +4.5% | +2.9% | +3.9% |
| Feb 23, 2026 | +8.5% | +0.6% | +26.2% | +14.0% | +39.8% |
| Nov 24, 2025 | +4.4% | +2.9% | +14.4% | +17.9% | +41.0% |
| Aug 19, 2025 | +3.0% | -0.6% | +0.5% | +4.6% | +11.0% |
| May 20, 2025 | +3.0% | +0.0% | -0.3% | -1.4% | +1.1% |
| Feb 25, 2025 | +7.7% | -0.7% | -10.1% | -8.5% | -6.2% |
| Nov 19, 2024 | +5.1% | +0.5% | +13.4% | +9.8% | +22.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 18, 2026 | $3.07 | $2.48 | +23.8% | $1.85B |
| May 19, 2026 | $2.87 | $2.32 | +23.7% | $1.72B |
| Feb 23, 2026 | $2.17 | $2.00 | +8.5% | $1.60B |
| Nov 24, 2025 | $1.91 | $1.83 | +4.4% | $1.42B |
| Aug 19, 2025 | $1.72 | $1.67 | +3.0% | $1.35B |
| May 20, 2025 | $1.70 | $1.65 | +3.0% | $1.31B |
| Feb 25, 2025 | $1.82 | $1.69 | +7.7% | $1.30B |
| Nov 19, 2024 | $1.65 | $1.57 | +5.1% | $1.29B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 53.0× | 30.2× | 95th | Top 41% |
| P/E (forward) | 33.6× | — | — | — |
| EV / EBITDA | 38.4× | — | — | Bottom 47% |
| EV / Sales | 10.01× | — | — | Bottom 23% |
| Free-cash-flow yield | 2.23% | — | — | Bottom 43% |
| Earnings yield | 1.89% | — | — | Top 41% |
P/E over the past five years
Range 21.0× – 56.5× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +122.2%
- Earnings per share growth (TTM)
- +131.2%
- Change in P/E multiple
- -14.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 12
- Days above the 200-day average
- 245
- 50-day average slope (20 days)
- +2.2%
- 200-day average slope (20 days)
- +5.1%
- Distance from 50-day average
- +15.1%
- Distance from 200-day average
- +27.1%
- RSI (14)
- 74.0
- Relative volume
- 1.22×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 39.2%
- Volatility vs own 5-year history
- 82th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.57
- Correlation with S&P 500
- 0.60
- Current drawdown from 1-year high
- +0.0%
- Maximum drawdown, 3 years
- -31.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 27, 2021 | Oct 27, 2023 | -42.6% | 462 days | 527 days (Dec 4, 2025) |
| Jun 22, 2026 | Jul 29, 2026 | -20.5% | 26 days | 45 days (Oct 1, 2026) |
| Mar 2, 2026 | Mar 30, 2026 | -14.0% | 20 days | 6 days (Apr 8, 2026) |
| Feb 12, 2021 | Mar 8, 2021 | -13.9% | 15 days | 78 days (Jun 28, 2021) |
| May 6, 2026 | Jun 10, 2026 | -11.6% | 24 days | 7 days (Jun 22, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $65.73B
- P/E (TTM)
- 53.0
- EPS, diluted (TTM)
- $7.26
- Revenue (TTM)
- $6.58B
- 52-week range
- $158.79 – $387.93
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $4.94B | $5.42B | $5.46B | $4.98B | $5.38B |
| Gross profit | $3.07B | $3.45B | $3.53B | $3.13B | $3.34B |
| Operating income | $1.08B | $1.33B | $1.36B | $833.0M | $948.0M |
| Net income | $894.0M | $1.12B | $1.06B | $614.0M | $846.0M |
| EPS (diluted) | $4.78 | $6.18 | $5.91 | $3.51 | $4.88 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.30B | $1.31B | $1.35B | $1.42B | $1.60B | $1.72B | $1.85B |
| Net income | -$73.0M | $169.0M | $257.0M | $191.0M | $229.0M | $281.0M | $349.0M | $397.0M |
| EPS (diluted) | -$0.42 | $0.97 | $1.49 | $1.10 | $1.32 | $1.63 | $2.02 | $2.29 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.32B | $1.14B | $1.41B | $1.05B | $1.41B |
| Capital expenditure | -$174.0M | -$185.0M | -$196.0M | -$154.0M | -$128.0M |
| Free cash flow | $1.15B | $959.0M | $1.21B | $898.0M | $1.28B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$614.0M | -$786.0M | -$635.0M | -$377.0M | -$314.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.60B
- Total assets
- $11.92B
- Total liabilities
- $5.35B
- Total debt
- $2.75B
- Net debt
- $141.0M
- Shareholders’ equity
- $6.57B
As of Jul 31, 2026 (filed Sep 2, 2026).
Short interest
- Shares sold short
- 2,360,669
- Days to cover
- 2.81
- Change vs previous report
- -18.6%
FINRA short interest, settlement date Sep 15, 2026.