Keysight Q3 Results: EPS forecast at $2.48, revenue at $1.75 billion
Keysight Technologies reports Q3 earnings on Aug 18 with consensus EPS of $2.48 vs $1.72 YoY. Revenue estimated at $1.75 billion vs $1.35 billion. Multiple analysts raised price targets recently.

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Keysight Technologies, Inc. (NYSE: KEYS) is set to release its third-quarter financial results after the closing bell on Tuesday, Aug. 18. The Santa Rosa, California-based electronic design automation and test equipment provider faces high expectations following a strong second quarter that exceeded estimates and featured above-consensus guidance for the current period.
Analysts expect the company to report quarterly earnings of $2.48 per share, a significant increase from $1.72 per share in the year-ago period. The consensus estimate for Keysight’s quarterly revenue stands at $1.75 billion, compared to $1.35 billion reported last year.
Analyst Ratings And Price Targets
Several top-rated analysts have recently adjusted their outlooks for Keysight, reflecting confidence in the company’s trajectory. Morgan Stanley analyst Meta Marshall upgraded the stock from Equal-Weight to Overweight on July 13, 2026, raising the price target from $350 to $400. Marshall holds an accuracy rate of 67%.
Other notable adjustments include:
- JP Morgan analyst Samik Chatterjee (87% accuracy) maintained an Overweight rating and raised the price target from $360 to $390 on May 21, 2026.
- Citigroup analyst Atif Malik (86% accuracy) maintained a Buy rating and increased the price target from $320 to $396 on May 21, 2026.
- Susquehanna analyst Mehdi Hosseini (81% accuracy) maintained a Positive rating and lifted the price target from $415 to $425 on May 20, 2026.
- Truist Securities analyst Matthew Niknam (65% accuracy) maintained a Hold rating but boosted the price target from $310 to $376 on May 22, 2026.
What The Numbers Show
The divergence between the consensus revenue estimate of $1.75 billion and the prior-year actual of $1.35 billion implies a projected growth rate of approximately 30%. This expected expansion aligns with the upward revision in earnings per share, which analysts forecast to rise nearly 44% year-over-year. The simultaneous upgrade by Morgan Stanley and price target increases by high-accuracy analysts like Chatterjee and Malik suggest institutional confidence that Keysight can sustain this momentum beyond the recent Q2 beat.
Shares of Keysight rose 1.1% to close at $357.82 on Friday, trading below several updated price targets including those from Susquehanna and Citigroup.
Will Keysight's Q3 revenue growth sustain the ~30% year-over-year trajectory, or will it face headwinds from broader semiconductor cyclicality?
How might the recent analyst upgrades impact short-term trading volume and volatility given the current stock price is trading below several updated price targets?
Are there specific end-market segments, such as 5G infrastructure or automotive testing, driving the majority of Keysight's projected earnings expansion?
































