Keysight Technologies stock (US49338L1035): Q2 earnings preview signals 37% EPS growth

Keysight Technologies gears up for Q2 fiscal 2026 earnings on May 19, with analysts forecasting $1.72B revenue and $2.33 EPS, up sharply from last year amid strong segment demand.

Keysight Technologies is set to report second-quarter fiscal 2026 results on May 19 after market close, with the Zacks Consensus Estimate projecting revenues of $1.72 billion, a significant increase from $1.32 billion a year earlier, according to Zacks as of May 2026. Adjusted earnings per share are expected at $2.33, implying 37.1% year-over-year growth from $1.70, fueled by traction in DRAM, logic chips and product launches. A positive Earnings ESP of +0.86% and Zacks Rank #3 boost prospects for an earnings beat.

As of: 13.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Keysight Technologies
• Sector/industry: Electronic measurement and test equipment
• Headquarters/country: Santa Rosa, USA
• Core markets: Semiconductor, wireless communications, aerospace
• Key revenue drivers: Test solutions for 5G, AI chips, EV
• Home exchange/listing venue: NYSE (KEYS)
• Trading currency: USD

Keysight Technologies: core business model

Keysight Technologies provides advanced design, emulation and test solutions essential for developing and manufacturing electronic and optical technologies. The company serves industries including communications, semiconductor and automotive, with a focus on high-speed data centers, 5G/6G networks and AI-driven chip production. Its portfolio spans hardware, software and services, enabling customers to accelerate innovation while ensuring compliance and performance.

Headquartered in Santa Rosa, California, Keysight operates globally with key revenue from the U.S. market, where demand for semiconductor test equipment ties directly to the health of domestic chipmakers like those in the Nasdaq ecosystem. This U.S. exposure makes it relevant for American retail investors tracking tech supply chains.

Main revenue and product drivers for Keysight Technologies

Keysight's Communications Solutions Group (CSG), representing over half of revenues, drives growth through test platforms for wireless infrastructure and network equipment. Recent product launches in 5G Advanced and AI networking have bolstered expectations for Q2 fiscal 2026, per Zacks as of May 2026. The Electronic Industrial Solutions Group (EISG) benefits from semiconductor traction, particularly DRAM and logic chips amid AI demand.

Key drivers include partnerships for EV battery testing and quantum computing validation, positioning Keysight in high-growth U.S. sectors like electric vehicles and data centers.

Industry trends and competitive position

The test and measurement sector is expanding with AI chip complexity and 6G R&D, where Keysight holds a strong position alongside rivals like Teradyne and Rohde & Schwarz. Its software-centric solutions differentiate it, capturing recurring service revenues. U.S. investors note Keysight's role in validating chips for American hyperscalers.

Why Keysight Technologies matters for US investors

Listed on NYSE under KEYS, Keysight offers U.S. investors exposure to the semiconductor equipment boom, critical for domestic AI and 5G leadership. Its tools underpin production for U.S.-based foundries and OEMs, linking performance to Nasdaq tech trends.

Conclusion

Keysight Technologies approaches its Q2 earnings with robust forecasts driven by semiconductor and communications demand. While consensus points to strong growth, market reactions will hinge on guidance amid volatile chip cycles. Investors monitoring U.S. tech supply chains will watch closely as results unfold on May 19.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.