The Bull Case For Keysight Technologies (KEYS) Could Change Following Megawatt EV Charging And 5G SpaceRAN Advances

• In January 2026, Keysight Technologies launched new high-power and megawatt-level EV charging test systems and expanded its role in Airbus’ SpaceRAN 5G non-terrestrial network demonstrator, providing advanced emulation tools for ground-based and in-orbit testing.
• Together, these developments highlight Keysight’s test-and-measurement expertise at the intersection of next-generation electrification and space-enabled 5G connectivity, where standards compliance and interoperability are becoming increasingly complex.
• We’ll now examine how the megawatt-level EV charging test launch shapes Keysight’s investment narrative and long-term technological positioning.

Find companies with promising cash flow potential yet trading below their fair value.

What Is Keysight Technologies' Investment Narrative?

For Keysight, the big picture you need to believe in is that test and measurement will remain an essential picks-and-shovels layer for complex electrification and communications, even if growth is not rapid. The new megawatt-level EV charging test systems and the Airbus SpaceRAN role both reinforce that story, but they do not obviously change the near term catalysts implied by a premium multiple, modest forecast growth and a buyback program of up to US$1,500 million. These launches look more like incremental support for the existing thesis than needle‑moving events for revenue in the short run, especially given the share price is already close to consensus targets and community fair value ranges. The bigger near term swing factors still look to be demand cycles in communications and semis, execution on AI and 6G tools, and whether the market remains comfortable paying a rich earnings multiple for that exposure.

However, investors should be aware that a high valuation amplifies any disappointment in growth or execution. Keysight Technologies' share price has been on the slide but might be up to 19% below fair value. Find out if it's a bargain.

Exploring Other Perspectives

Five Simply Wall St Community fair value views span roughly US$173 to just under US$220, showing a tight yet varied cluster of expectations. Against that, the current premium earnings multiple and slower forecast growth underline how sensitive sentiment could be to any wobble in EV or 5G test demand, so it is worth comparing several viewpoints before forming a view.

Explore 5 other fair value estimates on Keysight Technologies - why the stock might be worth 19% less than the current price!

Build Your Own Keysight Technologies Narrative

Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Keysight Technologies research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Keysight Technologies research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Keysight Technologies' overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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