Technology · NYSE/NASDAQ: KEYS
Keysight Technologies, Inc.
Scientific & Technical Instruments
Market Cap $61.00B
Verdict: High
Quality Scores
Multi-Bagger
78/100
Compounder Quality
85/100
Management Credibility
84/100
Governance
92/100
Cash Flow Quality
92/100
AI Summary
Keysight Technologies, a spin-off from Agilent, has established itself as the dominant force in electronic design and test instrumentation. The company's transition from a hardware-centric model to a software-led solution provider (PathWave) has significantly improved its competitive positioning and margin profile. Despite the cyclical downturn in the wireless and electronics markets in FY24, the company maintained strong cash flow generation and a robust balance sheet. With revenue growing from $4.3B in 2019 to $5.38B by 2025 (extrapolated), Keysight demonstrates a strong ability to capture…
Top Opportunities
- Consistent positive Cash Flow from Operations (CFO)
- Strong market position in 5G and 6G R&D
- Diversified exposure across Aerospace, Defense, and Auto
Top Risks
- Revenue volatility in 2024 due to sector downturn
- Operating margin contraction in most recent fiscal years
- Intense competition from Anritsu and Rohde & Schwarz
Latest report: Read the annual report summary →
Unlock the full report
Full sections, financial charts, AI chat and PDF export are available with Premium.