Movement Alert|Keysight Pre-Market Rise 5.11% in Pre-Market Trading, prior earnings strength and target-price increase regain attention

Market Focus
Yesterday

On November 6, Keysight rose 5.11% in Pre-Market Trading, trading at $273.94 per share, with turnover of $191.9 thousand.

The move followed renewed market attention on the company’s previously reported quarterly beat and above-consensus outlook, alongside an earlier target-price increase to $430 from $410.

Background details show Keysight previously reported fiscal third-quarter revenue of $1.85 billion and adjusted EPS of $3.07, both above market expectations. The company also guided fiscal fourth-quarter adjusted EPS to $3.34-$3.40 on revenue of $1.93-$1.95 billion, also ahead of expectations. Earlier this week, an analyst raised its price target to $430 from $410, reinforcing the view that AI data-center test demand remains a core support for the business.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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