Prev Arrow Stocks

Keysight Technologies Inc. ($KEYS) Stock Forecast: Up 10.3% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Keysight Technologies Inc.?

Keysight Technologies Inc (KEYS) is a leading technology company specializing in electronic measurement solutions to accelerate innovation in various industries. The stock had a strong bullish movement today.

Why is Keysight Technologies Inc. going up?

KEYS stock is up 10.3% on Aug 21, 2024 13:40

  • Keysight Technologies surpassed Q3 expectations in its earnings call, reporting strong orders and AI-driven growth despite a revenue decline. This positive performance likely boosted investor confidence and contributed to the bullish movement.
  • The overall market sentiment was positive as global markets and US equity futures rose ahead of key economic events, including payroll revisions and FOMC meeting minutes. This optimism may have also influenced the bullish movement in KEYS stock.
  • Despite concerns over technology stocks and poor earnings from other key players, Keysight's strong performance in Q3 stood out, attracting investors and driving the stock price higher.
  • The combination of strong earnings results and favorable market conditions likely propelled Keysight Technologies' stock to a bullish movement today.

KEYS Price Chart

KEYS News

Futures Rise Ahead Of Payroll Revisions, FOMC Minutes

Futures Rise Ahead Of Payroll Revisions, FOMC Minutes Global markets and US equity futures rose as investors awaited the annual BLS payrolls revisions - where as many as 1 million jobs can be eliminated - due at 10am ET, as well as the FOMC meeting minutes for further clues on interest rate cuts. US equity futures pointed to small moves at the Wall Street open as Europe’s Stoxx 600 edged 0.2% higher amid thin volumes while Asian stocks snapped a 3-day winning spree. As of 7:45am S&P futures were up 0.2% at 5,629 having fully recovered from the early August swoon; Nasdaq futures also gained 0.2%. The yield on 10-year Treasuries was steady at 3.81%, while the dollar paused a three-day run of declines. Oil was flat, halting the recent rout. In premarket trading, technology stocks dipped on concerns over the country’s consumption outlook, Walmart’s planned sale of its stake in JD.com Inc. and poor earnings from key players including Kuaishou Technology. JD.com ADRs dropped 7% after Walmart raised about $3.6 billion by selling its stake in the Chinese e-commerce firm.

https://www.zerohedge.com/markets/futures-rise-ahead-payroll-revisions-fomc-minutes

News Article Image Futures Rise Ahead Of Payroll Revisions, FOMC Minutes

Earnings call: Keysight Technologies surpasses Q3 expectations

https://www.investing.com/news/stock-market-news/earnings-call-keysight-technologies-surpasses-q3-expectations-93CH-3580700

https://www.investing.com/news/stock-market-news/earnings-call-keysight-technologies-surpasses-q3-expectations-93CH-3580700

News Article Image Earnings call: Keysight Technologies surpasses Q3 expectations

Keysight Technologies Inc (KEYS) Q3 2024 Earnings Call Transcript Highlights: Strong Orders and ...

Keysight Technologies Inc (KEYS) Q3 2024 Earnings Call Transcript Highlights: Strong Orders and AI-Driven Growth Amid Revenue Decline

https://www.gurufocus.com/news/2507124/keysight-technologies-inc-keys-q3-2024-earnings-call-transcript-highlights-strong-orders-and-aidriven-growth-amid-revenue-decline

News Article Image Keysight Technologies Inc (KEYS) Q3 2024 Earnings Call Transcript Highlights: Strong Orders and ...

Target, TJX And 3 Stocks To Watch Heading Into Wednesday - Target ( NYSE:TGT )

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The TJX Companies, Inc. TJX to report quarterly earnings at 92 cents per share on revenue of $13.31 billion before the opening bell, ...

https://www.benzinga.com/news/earnings/24/08/40478229/target-tjx-and-3-stocks-to-watch-heading-into-wednesday

News Article Image Target, TJX And 3 Stocks To Watch Heading Into Wednesday - Target  ( NYSE:TGT )

Q3 2024 Keysight Technologies Inc Earnings Call Transcript

Q3 2024 Keysight Technologies Inc Earnings Call Transcript

https://www.gurufocus.com/news/2507063/q3-2024-keysight-technologies-inc-earnings-call-transcript

News Article Image Q3 2024 Keysight Technologies Inc Earnings Call Transcript

Keysight Technologies Inc. Price History

21.07.2024 - KEYS Stock was up 10.3%

  • Keysight Technologies surpassed Q3 expectations in its earnings call, reporting strong orders and AI-driven growth despite a revenue decline. This positive performance likely boosted investor confidence and contributed to the bullish movement.
  • The overall market sentiment was positive as global markets and US equity futures rose ahead of key economic events, including payroll revisions and FOMC meeting minutes. This optimism may have also influenced the bullish movement in KEYS stock.
  • Despite concerns over technology stocks and poor earnings from other key players, Keysight's strong performance in Q3 stood out, attracting investors and driving the stock price higher.
  • The combination of strong earnings results and favorable market conditions likely propelled Keysight Technologies' stock to a bullish movement today.

04.03.2024 - KEYS Stock was down 0.4%

  • Keysight Technologies experienced a bearish movement possibly influenced by concerns raised by Viavi Solutions regarding the limited customer choice following Keysight's acquisition of Spirent Communications.
  • The underperformance of TimesSquare Capital Management compared to the Russell Midcap Growth Index may have prompted some investors to consider selling Keysight Technologies stock, contributing to the bearish trend.
  • Despite the positive news of Keysight's validation as a test tool provider for FiRa 2.0 Certification release, this development may not have fully counteracted the overall market sentiment and investor apprehensions.
  • The culmination of these factors likely drove the strong bearish movement in Keysight's stock today.

21.01.2024 - KEYS Stock was down 8.9%

  • First-quarter earnings for KEYS surpassed expectations, exceeding analyst consensus on adjusted earnings per share and revenues.
  • Despite the positive earnings results, KEYS witnessed a decrease in revenue and profits due to market challenges.
  • Concerns about future growth prospects arose following the collaboration with NVIDIA to showcase neural receiver design flow at Mobile World Congress 2024, potentially influencing the stock's downward movement.
  • Market sentiment, evident in U.S. stock futures trading lower, may have impacted investors' reactions and contributed to the decline in KEYS shares.

16.04.2023 - KEYS Stock was up 6.1%

  • The bullish movement of KEYS could be attributed to the following reasons:
  • The company is expected to report higher earnings in Q2, which could have increased investor confidence in the stock.
  • The positive sentiment in the overall market could have also contributed to the bullish movement of KEYS.
  • The news articles do not provide any specific information about KEYS, but the absence of negative news could have also contributed to the bullish movement.

21.01.2024 - KEYS Stock was down 7.2%

  • Keysight Technologies collaborated with InterDigital to showcase AI in 6G systems at Mobile World Congress 2024, demonstrating innovation in the industry.
  • Despite beating earnings expectations and revenue consensus in Q1 2024, KEYS stock experienced a decline, possibly due to market challenges impacting revenue and profits.
  • The negative market sentiment towards KEYS could be influenced by broader market trends, as evidenced by U.S. stock futures trading lower and investor focus on other companies like NVIDIA and La-Z-Boy.
  • The bearish movement in KEYS stock may be a result of investors reacting to the decline in revenue and profits amidst market challenges, overshadowing positive earnings performance.

21.01.2024 - KEYS Stock was down 7.1%

  • Today's bearish movement in KEYS stock can be attributed to a combination of factors:
  • Despite reporting better-than-expected earnings and revenues in the first quarter of 2024, the market may have been disappointed by other underlying metrics or guidance provided by the company.
  • The partnership with Intel Foundry for certifying electromagnetic simulation software for Intel 18A process technology might not have resonated positively with investors, leading to a lack of confidence in the company's growth prospects.
  • The collaboration with InterDigital to demonstrate AI in 6G systems at Mobile World Congress 2024 could have raised concerns about the company diversifying into new technologies without immediate tangible benefits.
  • Overall market sentiment and broader industry trends may have influenced the bearish movement in KEYS stock, especially amidst a backdrop of lower U.S. stock futures and potential volatility in tech stocks like NVIDIA and La-Z-Boy.

22.01.2024 - KEYS Stock was down 6.8%

  • The bearish movement in KEYS stock today could be attributed to profit-taking by investors after the company reported strong earnings that slightly exceeded expectations.
  • Despite beating earnings and revenue estimates, the market may have reacted negatively to any cautious guidance or outlook provided by Keysight Technologies.
  • The partnership announcements with Intel Foundry and InterDigital for certification and demonstration of advanced technologies may not have been perceived as impactful enough to drive the stock price higher in the short term.
  • Overall market conditions and broader industry trends may have also contributed to the bearish movement in KEYS stock today, as investors reposition their portfolios in response to market dynamics.

21.01.2024 - KEYS Stock was down 6.8%

  • A recent collaboration with Intel Foundry to certify electromagnetic simulation software for Intel 18A process technology may have raised investor expectations. However, the stock's bearish movement could be attributed to various factors.
  • Despite exceeding expectations in earnings and revenues during the first quarter of 2024, KEYS experienced a decline in its stock price. This movement could suggest that investors anticipated more robust results or had concerns about other aspects of the company's performance.
  • The partnership with InterDigital to showcase AI in 6G systems at Mobile World Congress 2024 might not have had the desired impact, potentially overshadowed by market conditions or specific company-related issues contributing to the stock's bearish movement.
  • Despite positive developments and collaborations, KEYS observed a bearish trend in its stock, possibly influenced by profit-taking, general market sentiment, or apprehensions regarding future growth prospects.

14.07.2023 - KEYS Stock was down 4.2%

  • The bearish movement in the stock of KEYS today could be attributed to the following factors:
  • 1. Increased stake by BlackRock Inc.: The news of BlackRock Inc. boosting its stake in KEYS might have caused concerns among investors, leading to a sell-off in the stock.
  • 2. Research advancements in 6G technology: The announcement of Keysight Technologies enabling the University of Stuttgart to advance 6G integrated circuits research could have raised questions about the company's ability to stay competitive in the rapidly evolving technology industry. This may have contributed to the bearish market movement.
  • 3. Market sentiment: Overall market conditions and investor sentiment can also play a significant role in the movement of individual stocks. If there is a general bearish sentiment in the market, it can impact the stock price of KEYS as well.
  • 4. Other factors: It's important to consider other factors such as industry trends, competition, and macroeconomic conditions that could have influenced the bearish movement in KEYS today.

14.07.2023 - KEYS Stock was down 1.0%

  • Today, KEYS experienced a strong bearish movement, possibly influenced by the following factors:
  • 1. Downgrade by Bank of America: The downgrade by Bank of America on the back of cooling 5G demand could have contributed to the bearish movement. This suggests that investors may be concerned about the company's future growth prospects.
  • 2. BlackRock's increased stake: While not directly related to the bearish movement, the news of BlackRock increasing its stake in KEYS indicates confidence in the company's long-term potential. However, this positive development may have been overshadowed by other factors impacting the market sentiment.
  • 3. Research advancements in 6G: The news about KEYS enabling the University of Stuttgart to advance 6G integrated circuits research highlights the company's commitment to innovation. However, this positive development may not have had an immediate impact on the market movement, as investors may be more focused on short-term factors affecting the stock.
  • Overall, the bearish movement in KEYS today may be attributed to concerns about cooling 5G demand and the downgrade by Bank of America. The positive news of BlackRock's increased stake and research advancements in 6G may have been overshadowed by these factors.

17.07.2023 - KEYS Stock was down 7.5%

  • The bearish movement in KEYS today can be attributed to the following factors:
  • 1. Downgrade by BofA Securities: The downgrade by BofA Securities to Underperform could have influenced investor sentiment and contributed to the bearish movement.
  • 2. Concerns about order trends: The article mentions that order trends for Keysight Technologies are "likely to get worse." This negative outlook may have caused investors to sell off their positions, leading to the bearish movement.
  • 3. Cooling 5G demand: Another factor mentioned in the news is the cooling demand for 5G technology. As Keysight Technologies is involved in electronic testing, a slowdown in 5G demand could impact their business prospects and investor confidence.
  • 4. Pre-market trading: The pre-market trading activity, where KEYS shares fell nearly 3%, indicates that investors were reacting to the news and adjusting their positions accordingly.
  • Overall, the bearish movement in KEYS today can be attributed to the downgrade, concerns about order trends, and cooling 5G demand. These factors likely influenced investor sentiment and led to the sell-off of KEYS shares.

15.10.2023 - KEYS Stock was up 5.5%

  • KEYS had a strong bullish movement today.
  • The introduction of the Keysight Elastic Network Generator (KENG) software, an agile network test platform, might have contributed to the positive market movement.
  • The acquisition of KEYS shares by Mitsubishi UFJ Kokusai Asset Management Co. Ltd. could have also boosted investor confidence.
  • The overall positive sentiment towards KEYS might be due to the company's advancements in network automation and its ability to adapt to changing market dynamics.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.