Keysight Technologies, Inc. (KEYS) AI Stock Summary

Snapshot

Keysight is a profitable maker of electronic testing tools. It returned to growth in FY 2025 with $5.38B in revenue, up 8% year-over-year, and earned $846M in net income. The business generates significant cash, recording $1.28B in free cash flow last year. It holds a comfortable balance sheet with $1.87B in cash against $2.97B in debt. Growth has accelerated recently, with the last quarter's revenue up 31% year-over-year due to demand for AI testing.

What's Happening Right Now

• Tue 28th Jul '26 · Earnings: Keysight scheduled its fiscal third quarter earnings report for August 18, 2026.
• Mon 27th Jul '26 · Partnership: Keysight certified its electromagnetic design software for Intel Foundry's latest process technologies to help designers reduce risk.
• Tue 16th Jun '26 · Acquisition: Keysight completed the acquisition of VPIphotonics to expand its photonic design automation portfolio for AI infrastructure.

Bottom Line

Keysight is a healthy, growing business that has bounced back from a revenue dip in 2024. The 31% revenue jump in the most recent quarter shows strong demand for its testing tools in AI and data centers. However, the stock trades near its 52-week high, suggesting the market already expects this performance to continue rather than offering a bargain price.