KEYS

NYSE

Keysight Technologies, Inc.

Information Technology, Electronic Equipment & Instruments

$340.97

close 7 Aug 2026

+111.14%

52-week change

$58.27B

market cap

$152.85

$374.96

52-week range

Expected price

$168.12 – $205.48

Current price

$340.97

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)55.90x

P/S (TTM)9.57x

P/B9.20x

EV/EBITDA (TTM)45.69x

FCF yield (TTM)2.33%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average36.15x

P/E, sector median37.34x*

Price at 5-year median P/E$185.49*

Forward — analyst consensus

Forward P/E (FY2026)33.30x*

Forward P/E (FY2027)28.61x

Forward PEG2.03*

Consensus EPS FY2026 (11 analysts)$10.24

EPS growth (FY2026→FY2027)16.41%

Revenue growth (FY2026)28.32%

Street view

Price target (mean)$388.33*

Target upside13.89%

Ratings (buy / hold / sell)10 / 1 / 1

FY2026 EPS revisions, 30d (up / down)1 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Apr 2026, filed 4 Jun 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +7.34%10Y CAGR +16.26%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$340.97

Cash & equivalents$2.41B

Total debt$2.53B

Shares outstanding170.90M

Result

DCF price per share$215.27

Current price$340.97

Margin of safety-36.86%

PV of years 1–10$13.12B

PV of terminal value$23.79B

Equity value$36.79B

Market-implied growth+13.24%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.46B	$1.56B	$1.68B	$1.80B	$1.93B	$2.08B	$2.23B	$2.39B	$2.57B	$2.76B	$51.35B
PV	$1.35B	$1.34B	$1.33B	$1.32B	$1.32B	$1.31B	$1.30B	$1.29B	$1.28B	$1.28B	$23.79B

period to 30 Apr 2026, filed 4 Jun 2026, close 7 Aug 2026