{"id":564982,"date":"2026-07-29T09:10:09","date_gmt":"2026-07-29T09:10:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/564982\/"},"modified":"2026-07-29T09:10:09","modified_gmt":"2026-07-29T09:10:09","slug":"keysight-technologies-keys-could-be-20-below-fair-value-as-esa-win-lands","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/564982\/","title":{"rendered":"Keysight Technologies (KEYS) Could Be 20% Below Fair Value As ESA Win Lands"},"content":{"rendered":"\n

Find winning stocks<\/a> in any market cycle. Join 7 million investors using Simply Wall St’s investing ideas for FREE. <\/p>\n

Keysight Technologies (KEYS) has been selected by the European Space Agency to lead a three year program on secure, blockchain enabled anomaly detection for 5G non terrestrial networks, putting its test and measurement capabilities in focus for investors. <\/p>\n

See our latest analysis for Keysight Technologies.<\/a> <\/p>\n

The ESA contract arrives after a softer few weeks for Keysight Technologies, with the share price down 7.15% over the past month and 9.03% over 90 days, yet supported by a 47.72% year to date share price return and 82.73% total shareholder return over the past year. This suggests strong recent momentum despite the pullback. <\/p>\n

If this kind of satellite and 5G work has your attention, it can be worth widening the search to other infrastructure plays through the 56 AI infrastructure stocks<\/a> <\/p>\n

Bulls see the ESA win and strong 1 year shareholder return as evidence that Keysight Technologies deserves a premium. Bears point to the recent pullback and valuation risks. Which side does the current pricing really support? <\/p>\n

Most Popular Narrative: 20.3% Undervalued <\/p>\n

Keysight Technologies last closed at $305.17, while the most followed narrative anchors fair value at $383.08. This frames the current ESA contract against a richer long term story. <\/p>\n

Expansion of software and recurring service offerings, now comprising 36% and 28% of total revenue respectively, increases gross and net margins by enhancing revenue stability, improving product mix, and reducing cyclicality from traditional hardware segments. <\/p>\n

Read the complete narrative.<\/a> <\/p>\n

Want to see why this valuation leans well above today’s price? The narrative focuses on compounding revenue, rising margins, and a higher future earnings multiple. Curious which assumptions really carry the model and how sensitive fair value is to them? The full narrative sets out the numbers behind that $383.08 figure. <\/p>\n

Result: Fair Value of $383.08 (UNDERVALUED) <\/p>\n

Have a read of the narrative in full and understand what’s behind the forecasts.<\/a> <\/p>\n

However, the Keysight Technologies story can change quickly if higher tariff related costs pressure margins, or if AI infrastructure and wireline demand cools from recent levels. <\/p>\n

Find out about the key risks to this Keysight Technologies narrative.<\/a> <\/p>\n

Another View: What Multiples Say About Keysight Technologies <\/p>\n

While the most followed Keysight Technologies narrative points to a fair value of $383.08, today’s $305.17 share price sits on a P\/E of 48.6x. That is above the US Electronic industry at 30x, the peer average at 47x, and the fair ratio of 35.9x, which signals valuation risk if sentiment cools. <\/p>\n

If you put more weight on earnings multiples than narrative models, this higher P\/E compared with both industry and the fair ratio suggests less room for error. Could the ESA contract and AI demand be enough to keep investors comfortable with that premium? Or does it set up a bumpier ride if expectations reset? See what the numbers say about this price \u2014 find out in our valuation breakdown.<\/a> <\/p>\n

\"NYSE:KEYS<\/a> NYSE:KEYS P\/E Ratio as at Jul 2026 Next Steps <\/p>\n

With mixed signals around Keysight Technologies, it can help to look past headlines and weigh the data yourself while sentiment is still shifting. To see both sides of the story in one place, start with the 3 key rewards and 1 important warning sign<\/a> <\/p>\n

Looking For More Investment Ideas Beyond Keysight Technologies? <\/p>\n

If you are weighing what comes after Keysight Technologies, do not stop here. A fresh set of stock ideas can keep your watchlist sharp and your research focused. <\/p>\n

Use the Simply Wall Street Screener to explore opportunities that match your approach before others move first. <\/p>\n

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. <\/p>\n

Companies discussed in this article include KEYS<\/a>. <\/p>\n

Have feedback on this article? Concerned about the content? Get in touch<\/a> with us directly. Alternatively, email editorial-team@simplywallst.com<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St’s investing ideas for…\n","protected":false},"author":2,"featured_media":534087,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,9880,11628,85,46,243582,13132,244189],"class_list":["post-564982","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-european-space-agency","tag-fair-value","tag-il","tag-israel","tag-keysight-technologies","tag-share-price","tag-shareholder-return"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/564982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=564982"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/564982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/534087"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=564982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=564982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=564982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}