KEYS Price Prediction Next Week
Analysis and Insights
To predict the stock price of Keysight Technologies (KEYS) for the next trading week, we analyze both fundamental and technical factors.
Fundamental Analysis:
Recent News and Events:
- Keysight was selected by the U.S. Army to provide its CyPerf solution, enhancing its government contracts and revenue potential.
- The sale of Spirent's high-speed ethernet and network security business to Viavi for $410 million indicates strategic restructuring, potentially improving operational efficiency.
- A partnership with Aalyria to develop 5G Non-Terrestrial Networks (NTN) positions Keysight in emerging technologies.
Analyst Sentiment:
- Analysts have raised price targets for KEYS, reflecting confidence in its growth prospects.
Technical Analysis:
Price Trends:
- KEYS is trading near its support level of 153.39, with a recent close of 155.18.
- The RSI of 31.21 indicates oversold conditions, suggesting a potential rebound.
Fibonacci Levels:
- Pivot: 162.74
- Resistance: 172.09, 177.86
- Support: 153.39, 147.62
MACD and Momentum:
- The MACD is negative, but the oversold RSI may signal a short-term bullish reversal.
Price Prediction:
Given the positive news and oversold technical indicators, KEYS is expected to rise towards the resistance level of 172.09. The predicted price for the next trading week is $170.
Recommendation:
Buy KEYS as the stock is likely to rebound due to positive news and favorable technical indicators.
KEYS Similar Chart Price Prediction
The price of KEYS is predicted to go up -0.74%, based on the high correlation periods with URGN. The similarity of these two price pattern on the periods is 97.63%.
KEYS
URGN
Down: -0.74%Similarity: 97.63%
KEYS Revenue Forecast
KEYS EPS Forecast
KEYS FAQs
What is KEYS revenue forecast for next quarter？
What is KEYS eps forecast for next quarter？
KEYS VS S&P500
We think Keysight's large research and development budget has created a competitively advantaged portfolio for communications testing that we don't expect other firms would be able to easily replicate.
Keysight holds a majority share of the 5G testing market, which we think will elicit strong top-line growth and expand profitability over the next five years.
We expect Keysight to convert over 100% of net income into free cash flow, and predict it to generate over $1 billion in free cash flow annually over our forecast.
KEYS Analyst's Forecast
Richard Eastman
Baird
Buy
2025-02-27
Price Target
$180 → $190
Upside
+20.09%
Baird raised the firm's price target on Keysight Technologies to $190 from $180 and keeps an Outperform rating on the shares. The firm noted Q1 earnings bear and 2025 guidance was just ahead of expectations but the outlook is still firm.
David Ridley-Lane
B of A Securities
Sell
2024-11-20
Price Target
$150 → $160
Downside
-3.31%
Tim Long
Barclays
Buy
2024-11-20
Price Target
$180 → $200
Upside
+20.86%
