B+
Bull case
30%
Probability
Target price
$395.00
+14.0% vs current
KEYS
KeysightCNYSE / Technology Hardware & Equipment
Last Price
At close
2026-06-02
AI scenario view
RankAlpha Sentiment CodexPost-earnings T+1Most likely
B
Base case
50%
Probability
Target price
$360.00
+3.9% vs current
B-
Bear case
20%
Probability
Target price
$290.00
-16.3% vs current
AI sentiment snapshot
Latest data as of 2026-05-19
Recent news sentiment (30D)
+6.6
Positive
Company
+17.2
Positive
Macro
+7.9
Positive
Pulse
-35.0
Negative
Sentiment proxy
+51.7
Score
AI commentary
Post-earnings tone is clearly positive: the company reported a record quarter and market coverage described the stock as up about 10% after the release. This is still a T+1 follow-up, so analyst revisions and target changes are not yet visible in the evidence; confidence should stay moderate rather than exuberant. The main caveat is that the stock already sits above the supplied median target, so the next leg depends on whether follow-through demand and revisions arrive.
RankAlpha Sentiment Codex - 2026-05-19
Open post-earnings memoEvidence flagged
No evidence quality warning is currently attached to this memo.
Impact
standard
Confidence
-
AI events
2026-05-19eventQ2 record beat-and-raise with >$2B ordersHigh impact
Keysight reported second-quarter revenue of $1.717B, non-GAAP EPS of $2.87, and orders of $2.051B, while management raised third-quarter guidance to revenue of $1.730B-$1.750B and non-GAAP EPS of $2.43-$2.49. The release described the quarter as the strongest in company history and cited all-time highs in orders, revenue, EPS, and free cash flow. [#8-K-2026-05-19]
2026-06-19catalystOne-time tariff refund benefit may not recurMedium impact
The filing shows a $100M receivable tied to IEEPA tariff refunds and a $40M liability tied to tariff surcharge refunds collected from customers, with corresponding offsets to cost of sales, SG&A, interest income, and revenue. That helped the quarter, but the benefit is not a recurring operating driver and limits how much of the step-up should be extrapolated mechanically. [#8-K-2026-05-19]
2026-08-19catalystBroad demand momentum in CSG and EISGMedium impact
The quarter showed broad-based operating momentum: Communications Solutions Group revenue rose 35% year over year and Electronic Industrial Solutions Group revenue rose 24%, with management pointing to strength in commercial communications, aerospace/defense/government, automotive and energy, general electronics, and semiconductors. That mix supports a longer-duration demand thesis if AI datacenter, defense, and wireless spending stays firm. [#8-K-2026-05-19]
Recommendation
N/A
No formal recommendation provided.
As of 2026-05-19 • Updated nightlySource: Internal modelMethodology