Keysight Technologies: Strong Performance and Strategic Moves Drive Buy Rating

In a report released today, Samik Chatterjee from J.P. Morgan maintained a Buy rating on Keysight Technologies (KEYS – Research Report), with a price target of $177.00.

Samik Chatterjee has given his Buy rating due to a combination of factors including Keysight Technologies’ impressive performance in the second fiscal quarter of 2025. The company not only exceeded revenue and earnings expectations but also provided a positive outlook for the third quarter and the full year. This suggests that Keysight is capable of achieving its long-term revenue growth targets, even amid challenging macroeconomic conditions.
Additionally, the strong growth in the Wireline segment, driven by the deployment of advanced equipment, has helped offset challenges in other areas such as General Electronics and Autos. Despite some cost headwinds due to tariffs, Keysight’s strategic pricing actions are expected to mitigate these impacts. Furthermore, the anticipated acquisition of Spirent is seen as a positive move that will enhance operational synergies and support future growth. As a result, the price target for December 2025 has been raised, reflecting confidence in the company’s robust organic revenue drivers.

In another report released today, Morgan Stanley also maintained a Buy rating on the stock with a $180.00 price target.