Keysight Q4 adjusted profit beats estimates on semiconductor demand
Overview
Keysight fiscal Q4 revenue grows 10% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q4 beats consensus, reflecting strong execution
Company announces $1.5 bln share repurchase program, indicating confidence in future growth
Outlook
Keysight expects Q1 2026 revenue between $1.53 bln and $1.55 bln
Non-GAAP EPS for Q1 2026 expected between $1.95 and $2.01
Result Drivers
AI AND DEFENSE INVESTMENTS - CSG revenue growth driven by AI data center infrastructure, non-terrestrial network applications, and defense modernization
SEMICONDUCTOR DEMAND - EISG revenue growth attributed to demand for general electronics and semiconductor solutions
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $1.42 bln | $1.38 bln (8 Analysts) |
Q4 Adjusted EPS | Beat | $1.91 | $1.82 (10 Analysts) |
Q4 EPS |
| $1.34 |
|
Q4 Adjusted Net Income | Beat | $331 mln | $315.50 mln (5 Analysts) |
Q4 Net Income |
| $229 mln |
|
Q4 Orders |
| $1.53 bln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Keysight Technologies Inc is $200.00, about 13.6% above its November 21 closing price of $172.71
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release: ID:nBw4wqSHka
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
Related Articles
U.S. September PCE: Likely to Fall Short of Expectations, Bullish for US Stocks
TradingKey - Currently, the market widely anticipates that the core PCE year-on-year growth rate for September will stand at 2.9%, and we expect the upcoming data to be slightly below this consensus forecast.
Palantir: Why PLTR Is So Notorious, Its Stock Performance, and If It's a Buy
TradingKey — Palantir Technologies Inc. (PLTR) stock maintains its investment appeal, with analysts recommending buying on dips as valuation corrections and consistently strong earnings bolster its long-term prospects. While short-term volatility is driven by a cooling AI narrative and adjustments t
The U.S. Dollar Index Is the Key Driver of Gold Prices: Where Are the Dollar and Gold Headed Next?
TradingKey - The strength or weakness of the U.S. Dollar Index stands as the core determinant shaping gold's trajectory.
Alibaba FY2026Q2 Earnings Preview: The Great Pivot from E-Commerce Giant to AI Powerhouse
TradingKey - As Alibaba's earnings approach, one question dominates: Can AI and quick commerce justify sacrificing profits now for future dominance? Preview how the RMB 50 billion quick commerce push, 35.8% AI cloud share, and fierce competition could decide if BABA's 88% rally holds.
U.S. September Nonfarm Payrolls: Two-Scenario Analysis, Will U.S. Stocks Diverge in Short-Term and Medium-to-Long-Term Trends?
TradingKey - This paper conducts an analysis of the U.S. September nonfarm payroll data and the subsequent employment market through two scenario-based assessments, alongside a short-term and medium-to-long-term outlook for U.S. stocks.
