Market Movers

Keysight Technologies, Inc.’s stock price soars to $165.48, marking a robust 8.78% upward swing

By November 21, 2024 No Comments

Keysight Technologies, Inc. (KEYS)

165.48 USD +13.35 (+8.78%) Volume: 3.19M

Keysight Technologies, Inc.’s stock price soared to 165.48 USD, marking an impressive intra-day gain of +8.78% on a high trading volume of 3.19M. KEYS has shown a steady growth with a year-to-date increase of +2.50%, indicating a robust performance in the market.


Latest developments on Keysight Technologies, Inc.

Keysight Technologies has seen a surge in its stock price, reaching a 52-week high, following strong earnings and optimistic 2025 guidance. The company’s Q4 2024 results exceeded expectations, prompting analysts to raise their forecasts. With a successful earnings call and positive first quarter guidance, Keysight’s shares have been on the rise. Additionally, the introduction of an Electronic Design Automation Software Suite and AI investments have contributed to the company’s profitability and share price. Despite a slight decrease in 4Q revenue due to weaker manufacturing customer spending, Keysight remains confident in its ability to outperform. Investors, such as Jennison Associates LLC and Natixis Advisors LLC, have shown increased interest in the company, further boosting its position in the market.


Keysight Technologies, Inc. on Smartkarma

Analysts at Baptista Research have been closely following Keysight Technologies Inc., a company that recently released its fiscal third-quarter earnings for 2024. In their report titled “Keysight Technologies Inc.: Expansion into Quantum Computing and AI Networks & Other Major Drivers,” they highlighted the company’s revenue of $1.2 billion and earnings per share of $1.57, which exceeded expectations. Orders totaling $1.25 billion also showed slight growth, aligning with the previous year’s figures, indicating positive momentum for the company.

Another report by Baptista Research, titled “Keysight Technologies: Investments in Emerging Technologies and Expansion through Acquisitions! – Major Drivers,” discussed the company’s fiscal second-quarter earnings. With solid revenue of $1.2 billion and earnings per share of $1.41, Keysight Technologies Inc. surpassed its guidance. The analysts noted that orders worth $1.2 billion were in line with the prior quarter, demonstrating stability and growth across multiple end markets despite challenges in customer spending. Overall, the coverage on Smartkarma indicates a bullish sentiment towards Keysight Technologies Inc.’s performance and strategic initiatives.


A look at Keysight Technologies, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Keysight Technologies In has a positive long-term outlook when utilizing the Smartkarma Smart Scores. With a strong Growth score of 4, the company is expected to see substantial expansion in the future. Additionally, the Momentum score of 4 indicates that Keysight Technologies In is likely to continue its current upward trajectory. While the Dividend score is lower at 1, the Value and Resilience scores of 3 show that the company is still considered a solid investment option.

Keysight Technologies, Inc. is a company that offers electronic measurement services using wireless, modular, and software solutions. With a Growth score of 4 and a Resilience score of 3, the company is positioned well for future success. While the Dividend score is lower at 1, the overall outlook for Keysight Technologies In utilizing the Smartkarma Smart Scores is positive, pointing towards continued growth and momentum in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars