Keysight Technologies, Inc. (KEYS) earnings on August 18, 2026
More Keysight Technologies, Inc. earnings
Prior outlook: No statistical edge
Keysight's stock initially rose 5.3% after earnings but then reversed sharply, falling to a low of -7.8%. It closed down 6.3%, showing a strong negative market response.
KEYS price around the earnings
319.45
Change: -6.3%
2026-08-19, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
- Results released
Mixed outlook: strong earnings, but sector risks
Analysts see strong recent earnings and a positive upgrade, but the stock has risen a lot and the chip sector is facing headwinds, so the outlook is mixed.
Context analyzed before publication
- Summary
- Mixed outlook: strong earnings, but sector risks
- Playbook
- The stock has been trending up strongly, but recent price swings and crowded retail interest suggest caution. Sector weakness may weigh on the price.
- Trend
- Expert views swung, ending cautious
Analysts
Drivers
-
Analysts
Positive
Morgan Stanley upgraded the stock, adding institutional support.
Evidence
- Analyst moves in the last 60 days
- 1
- Strong buy: 3
- Buy: 7
- Hold: 1
- Sell: 1
- Strong sell: 0
- Strong buy
- 3
- Buy
- 7
- Hold
- 1
- Sell
- 1
- Strong sell
- 0
- July 13, 2026 · Morgan Stanley: Upgrades rating (Equal-Weight → Overweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (4)
- Keysight Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call (opens in a new tab) — Benzinga
- Lockheed Martin, Verizon, Nvidia, Keysight Technologies, ODC And Astris AI Demonstrate Using Commercial Off-The-Shelf Tech To Detect And Track UAS (opens in a new tab) — Benzinga
- $100 Invested In Keysight Techs 5 Years Ago Would Be Worth This Much Today (opens in a new tab) — Benzinga
- Keysight Certifies RF Design Software For Intel 14A And 18A-P Processes To Help Accelerate Advanced Chip Development (opens in a new tab) — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock has risen 12% in two weeks and 14% in a month, beating the broader market by 10%.
Evidence
- Price when the context was analyzed
- 360.96
- Average true range (ATR)
- 3%
- Distance to 52-week high
- -9.2%
- 14-day change (14d)
- +12.1%
- 30-day change (31d)
- +14.3%
- 30-day relative strength
- +10.4%
- SPY change (31d)
- +4.0%
- Nearest support
- 360.7
- Distance to nearest support
- 0.1%
- Nearest resistance
- 363.33
- Distance to nearest resistance
- 0.7%
- Volume accumulation ratio (14d / 46d)
- 0.72
- Mid: 360.7 (0.1% away, 0.02 ATR, 9 touches)
- Mid: 357.6 (0.9% away, 0.31 ATR, 21 touches)
- Minor: 354.24 (1.9% away, 0.62 ATR, 9 touches)
- Minor: 363.33 (0.7% away, 0.22 ATR, 3 touches)
- Mid: 366.75 (1.6% away, 0.54 ATR, 11 touches)
- Minor: 374.51 (3.8% away, 1.26 ATR, 3 touches)
Trends
Drivers
-
Macro & trends
Negative
Chip sector headwinds and overall market weakness may pressure the stock's value.
Evidence
- Average earnings surprise
- +9.6%
- May 19, 2026: actual EPS 2.87 vs estimate 2.32 (surprise +23.7%)
- February 23, 2026: actual EPS 2.17 vs estimate 2 (surprise +8.8%)
- November 24, 2025: actual EPS 1.91 vs estimate 1.85 (surprise +3.0%)
- August 19, 2025: actual EPS 1.72 vs estimate 1.67 (surprise +2.9%)
Expected move
Drivers
-
Past earnings
Positive
The company beat earnings expectations in every recent quarter, with an average surprise of 9.6%.
- Implied move
- +6.8%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 6.4%
- 75th percentile move
- 9.1%
- 90th percentile move
- 13.9%
- Up / down moves
- 10 / 10
- Average up move
- +7.7%
- Average down move
- -5.9%
Monitoring and close
What Keysight Technologies, Inc. reported
- Status
- Finished
| Actual EPS | 3.07 |
|---|---|
| EPS estimate | 2.48 |
| EPS surprise | +23.8% |
| Revenue | $1,846 million |
| Revenue estimate | $1,737 million |
| Revenue surprise | +6.3% |
Keysight raises Q4 guidance on strong AI data center demand, forecasting adjusted profit of $3.34-$3.40 per share. Shares rose nearly 5%.
Sources (7)
- Keysight forecasts quarterly profit above estimates on strong data center-led demand (opens in a new tab) — Reuters
- Keysight (NYSE:KEYS) Reports Strong Q2 CY2026, Provides Optimistic Revenue Guidance for Next Quarter (opens in a new tab) — StockStory
- Keysight Technologies Trounces Fiscal Q3 Targets, Ups Outlook (opens in a new tab) — Investor's Business Daily
- CORRECTION: Keysight Techs Sees Q4 Adj EPS $3.34-$3.40 vs $2.70 Est; Sees Sales $1.930B-$1.950B vs $1.814B Est (opens in a new tab) — Benzinga
- Keysight Techs Sees Q4 Adj EPS $3.34-$3.40 vs $2.70 Est; Sees Sales $1.930B-$195.000B vs $1.814B Est (opens in a new tab) — Benzinga
- Keysight beat expectations with adjusted EPS of $3.07 and sales of $1.846B, above estimates. — Benzinga
- Keysight Techs Q3 Adj. EPS $3.07 Beats $2.48 Estimate, Sales $1.846B Beat $1.737B Estimate (opens in a new tab) — Benzinga
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +0.9% pre-market, a move below the stock's usual reaction (about 6%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Consolidated
- -6.3%
- Max move
- -7.8%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.