These Analysts Boost Their Forecasts On Keysight Technologies Following Better-Than-Expected Earnings

Core Insights - Keysight Technologies, Inc. reported better-than-expected fourth-quarter financial results, with earnings per share of $1.65 surpassing the analyst consensus estimate of $1.57 and quarterly sales of $1.287 billion exceeding the estimate of $1.258 billion [2] Financial Performance - The company achieved fourth-quarter revenue and earnings per share above the high end of guidance, indicating strong execution under consistent market conditions [2] - Keysight's CEO expressed confidence in the company's ability to outperform as markets recover, citing a differentiated portfolio and deep customer engagement [2] Future Outlook - Keysight expects first-quarter revenue to be in the range of $1.265 billion to $1.285 billion, with adjusted earnings projected between $1.65 and $1.71 per share [2] Stock Performance and Analyst Ratings - Following the earnings announcement, Keysight shares gained 0.5%, closing at $152.13 [2] - Analysts have raised their price targets for Keysight, with Baird increasing it from $163 to $180, Deutsche Bank from $175 to $180, Morgan Stanley from $165 to $180, and Barclays from $180 to $200 [2] - The consensus price target for Keysight Technologies Inc. is $185.47 based on ratings from 15 analysts, with a high target of $225 [2]