Keysight Technologies Falls as AI-Linked Tech Selloff and Profit-Taking Pressure Shares

Keysight Technologies (KEYS) is down 8.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears more tied to market positioning than to a fresh negative company announcement. Keysight had recently posted record quarterly results and raised its outlook, so the selloff likely reflects profit-taking and a reset in valuation as AI-related technology stocks came under pressure.

Details:

Keysight’s latest quarterly update showed record performance, including more than $2 billion in orders, revenue of $1.72 billion, and higher non-GAAP earnings, while management raised its fiscal 2026 expectations.

The company also guided for third-quarter revenue of $1.73 billion to $1.75 billion, which pointed to continued year-over-year growth rather than an obvious business slowdown.

Despite those strong fundamentals, the stock had rallied sharply in recent months, leaving it more exposed to a pullback when investors started selling AI- and semiconductor-linked names across the broader technology sector.

This could also be because investors are reassessing how much future growth is already reflected in the share price after multiple analyst target increases and a strong run to recent highs.

Sources:

Keysight Technologies Investor Relations, AP News, StockAnalysis.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KEYS Insider Trading Activity

$KEYS insiders have traded $KEYS stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $KEYS stock by insiders over the last 6 months:

RONALD S. NERSESIAN sold 30,000 shares for an estimated $8,578,920
JAMES CULLEN sold 3,000 shares for an estimated $1,039,740
SATISH DHANASEKARAN (President and CEO) has made 0 purchases and 2 sales selling 3,334 shares for an estimated $983,530.
NEIL DOUGHERTY (EVP and CFO) sold 2,000 shares for an estimated $596,740
JEFFREY K LI (SVP and Secretary) sold 2,000 shares for an estimated $594,380
INGRID A ESTRADA (SVP) sold 2,000 shares for an estimated $475,360
JO ANN JUSKIE (SVP) sold 1,000 shares for an estimated $304,423
RICHARD P HAMADA sold 870 shares for an estimated $239,929
SUNG YOON (SVP) sold 888 shares for an estimated $183,677

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$KEYS Hedge Fund Activity

We have seen 569 institutional investors add shares of $KEYS stock to their portfolio, and 475 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ removed 2,480,903 shares (-14.2%) from their portfolio in Q1 2026, for an estimated $700,532,580
KOVITZ INVESTMENT GROUP PARTNERS, LLC removed 1,654,697 shares (-99.7%) from their portfolio in Q4 2025, for an estimated $336,217,883
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,270,509 shares (-37.9%) from their portfolio in Q4 2025, for an estimated $258,154,723
BOSTON PARTNERS removed 1,220,056 shares (-30.3%) from their portfolio in Q1 2026, for an estimated $344,507,212
BLACKROCK, INC. added 1,209,983 shares (+7.0%) to their portfolio in Q1 2026, for an estimated $341,662,899
M&T BANK CORP added 1,037,083 shares (+9349.0%) to their portfolio in Q4 2025, for an estimated $210,724,894
JANE STREET GROUP, LLC added 936,079 shares (+310.8%) to their portfolio in Q1 2026, for an estimated $264,320,627

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$KEYS Government Contracts

We have seen $26,982,752 of award payments to $KEYS over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

THIS DO W912CH26F0140 TO CONTRACT W31P4Q23D0009, IS TO ORDER 546 CM-523/U, 546 TRAINING CDS, WITH SUPPORTIN...: $7,545,492
PXIE VECTOR NETWORK ANALYZER LEASE WITH OPTION TO PURCHASE: $1,148,475
RAPID ACQUISITION OF A RADIO FREQUENCY THREAT SIMULATOR 4: $900,470
KEYSIGHT - TECHNICAL SUPPORT: $379,383
KEYSIGHT MXE EMI RECEIVERS: $336,169

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$KEYS Price Targets

Multiple analysts have issued price targets for $KEYS recently. We have seen 10 analysts offer price targets for $KEYS in the last 6 months, with a median target of $388.5.

Here are some recent targets:

Matthew Niknam from Truist Securities set a target price of $376.0 on 05/22/2026
Atif Malik from Citigroup set a target price of $396.0 on 05/21/2026
Samik Chatterjee from JP Morgan set a target price of $390.0 on 05/21/2026
Richard Eastman from Baird set a target price of $385.0 on 05/20/2026
Tim Long from Barclays set a target price of $387.0 on 05/20/2026
Aaron Rakers from Wells Fargo set a target price of $390.0 on 05/20/2026
Meta Marshall from Morgan Stanley set a target price of $350.0 on 05/20/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.