Keysight Technologies, Inc. (KEYS) continues to see positive investor actions, shown by the increased holdings of Siemens Fonds Invest GmbH, Brooklyn FI LLC, Mackenzie Financial Corp, and Parr Mcknight Wealth Management Group LLC, among others. On the other hand, the Public Employees Retirement System of Ohio, Confluence Investment Management LLC, USS Investment Management Ltd, and Ethic Inc. cut their stock holdings. Despite Keysight posting disappointing Q1 earnings, a subsequent revenue growth has been driven by strong AI and data center demand.
Changes in executive leadership have been announced, including naming a new Chief People Officer. Keysight's Q2 earnings exceeded expectations, with EPS increasing by 20% to $1.70 and revenue growing by 7%. This development led to a positive market reaction, with JP Morgan raising the company's price target to $177.
Although exposed to trade war uncertainties, the outstanding performance makes Keysight a perceived bull case. The AI wave continues to buoy Keysight's efforts with its high-speed oscilloscopes for AI data centers and developments in AI-powered 5G and 6G network solutions.
Keysight Technologies KEYS News Analytics from Mon, 16 Dec 2024 08:00:00 GMT to Sat, 31 May 2025 18:27:01 GMT - Rating +6 - Innovation +2 - Information +7 - Rumor +4
