Keysight Technologies reported first quarter 2026 results that exceeded expectations, according to CEO Satish Dhanasekaran. The company provided second quarter guidance with adjusted EPS of $2.27 to $2.33, significantly above the $1.91 estimate, and sales guidance of $1.690 billion to $1.710 billion, well above the $1.508 billion estimate. Wells Fargo maintained an Overweight rating and raised its price target to $300. The company launched new Infiniium XR8 Real-Time oscilloscopes designed to improve high-speed digital and compliance testing. Additionally, Scania selected Keysight's Scienlab Battery Test System for a new battery testing laboratory in Sweden. These developments include better-than-expected earnings guidance and new product launches.
Read full analysisKeysight Technologies reported first quarter 2026 results that exceeded expectations, according to CEO Satish Dhanasekaran. The company provided second quarter guidance with adjusted EPS of $2.27 to $2.33, significantly above the $1.91 estimate, and sales guidance of $1.690 billion to $1.710 billion, well above the $1.508 billion estimate. Wells Fargo maintained an Overweight rating and raised its price target to $300. The company launched new Infiniium XR8 Real-Time oscilloscopes designed to improve high-speed digital and compliance testing. Additionally, Scania selected Keysight's Scienlab Battery Test System for a new battery testing laboratory in Sweden. These developments include better-than-expected earnings guidance and new product launches.
Keysight Technologies is the world's leading maker of electronic test and measurement equipment, serving telecommunications, aerospace, defense, and semiconductor customers. The company has rapidly expanded its AI exposure, doubling its AI customer base and launching tools like SOS Enterprise for semiconductor design workflows. Its blowout Q1 results — with guidance raised well above consensus on both EPS and revenue — underscored surging demand from AI data center infrastructure and semiconductor testing that powered today's massive rally.