Keysight stock price surges after upbeat forecast; AI data-center demand puts KEYS in focus
Keysight Technologies shares surged 21% to $296 Tuesday after forecasting second-quarter profit above Wall Street estimates, driven by strong data center demand. Fiscal first-quarter revenue rose to $1.60 billion from $1.30 billion a year earlier, with orders up to $1.645 billion. BofA Securities upgraded the stock and raised its price target to $340. Keysight also announced a cybersecurity partnership with Cybeats.