Keysight Q4 adjusted profit beats estimates on semiconductor demand

Reuters
2025/11/25
Keysight Q4 adjusted profit beats estimates on semiconductor demand

Overview

  • Keysight fiscal Q4 revenue grows 10% yr/yr, beating analyst expectations

  • Adjusted EPS for fiscal Q4 beats consensus, reflecting strong execution

  • Company announces $1.5 bln share repurchase program, indicating confidence in future growth

Outlook

  • Keysight expects Q1 2026 revenue between $1.53 bln and $1.55 bln

  • Non-GAAP EPS for Q1 2026 expected between $1.95 and $2.01

Result Drivers

  • AI AND DEFENSE INVESTMENTS - CSG revenue growth driven by AI data center infrastructure, non-terrestrial network applications, and defense modernization

  • SEMICONDUCTOR DEMAND - EISG revenue growth attributed to demand for general electronics and semiconductor solutions

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$1.42 bln

$1.38 bln (8 Analysts)

Q4 Adjusted EPS

Beat

$1.91

$1.82 (10 Analysts)

Q4 EPS

$1.34

Q4 Adjusted Net Income

Beat

$331 mln

$315.50 mln (5 Analysts)

Q4 Net Income

$229 mln

Q4 Orders

$1.53 bln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the electronic equipment & parts peer group is "buy"

  • Wall Street's median 12-month price target for Keysight Technologies Inc is $200.00, about 13.6% above its November 21 closing price of $172.71

  • The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw4wqSHka

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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