Keysight Technologies (KEYS) has made significant strides in recent times, announcing a revolutionary 448 Gbps breakthrough, transforming AI data center speed, and scaling AI data centers' architecture. This was amid a 3% share price decline. Major acquisitions have been made by Allstate Corp and significant holdings by JPMorgan Chase, while stakes were tentatively reduced by Corebridge Financial Inc, Prudential Financial Inc, and others. New AI-powered testing solutions have been unveiled, aiming to boost data center performance.
Despite a recent decline in share price, analysts remain positive with a $184.44 consensus price target. Also, KEYS' short interest also fell by 19.9% in March. The company is advancing with its AI-powered 5G and 6G network solutions, with their new testing solutions promising to revolutionize AI infrastructure testing. This comes alongside Keysight's innovative projects and technology applications in power electronics testing and network interconnect performance.
However, despite these advancements, KEYS has shown a drop in revenue by 9% and 42% in earnings for the fiscal year, which may be cause for concern to investors.
Keysight Technologies KEYS News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 05 Apr 2025 18:10:27 GMT - Rating 2 - Innovation 6 - Information 8 - Rumor 5
