Assessing Keysight Technologies (KEYS) Valuation After New Wireless Coexistence Test Solution Launch

Keysight Technologies (KEYS) has drawn fresh attention after launching its Wireless Coexistence Test Solution, an automated platform aligned with ANSI C63.27 that targets interference, reliability, and regulatory compliance challenges in crowded RF environments.

See our latest analysis for Keysight Technologies.

Alongside the Wireless Coexistence Test Solution launch, Keysight has been active with new EV charging test platforms, AI driven device modeling tools, and 5G non terrestrial network collaborations, while also handling shareholder proposals on governance and meeting rights. Over the same period, the share price has moved to US$221.50 with a 90 day share price return of 26.30% and a 1 year total shareholder return of 31.59%, which indicates recent momentum in the shares.

If this kind of tech testing story has your attention, it could be a good moment to see what else is moving across high growth tech and AI stocks.

Keysight’s shares have risen significantly over the past year and now sit close to the current analyst price target. This raises a key question: is there still a buying opportunity here, or is future growth already priced in?

Most Popular Narrative: 1% Overvalued

Keysight’s last close at $221.50 sits slightly above the most followed fair value estimate of about $220.00, which is built using an 8.61% discount rate and detailed earnings and margin assumptions.

Expansion of software and recurring service offerings, now comprising 36% and 28% of total revenue respectively, increases gross and net margins by enhancing revenue stability, improving product mix, and reducing cyclicality from traditional hardware segments.

Read the complete narrative.

Curious what kind of revenue mix, margin lift, and future earnings multiple would justify that fair value so close to today’s price? The most followed narrative leans heavily on recurring software and services, expected profitability gains, and a richer earnings multiple than the broader Electronic industry to keep that valuation intact over time.

Result: Fair Value of $220 (OVERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, this narrative could be challenged if new tariffs weigh on margins more than expected, or if AI infrastructure spending cools and demand proves less durable.

Find out about the key risks to this Keysight Technologies narrative.

Build Your Own Keysight Technologies Narrative

If you see the story differently or want to stress test the numbers yourself, you can spin up your own take in minutes: Do it your way.

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.

Ready for more investment ideas?

If Keysight has you thinking about your next move, do not stop here. Take a few minutes to scan fresh ideas that could reshape your portfolio.

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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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