On October 2, Keysight rose 3.02% in regular trading, trading at 385.14 USD/share, with turnover of $107 million, pushing the stock to a fresh all-time high.

The rally extends the strong momentum following the company's fiscal Q3 results reported in August, which significantly exceeded expectations. Revenue surged 36.5% year-over-year to $1.85 billion, beating the consensus estimate of $1.75 billion, while adjusted EPS jumped approximately 79% to $3.07, far surpassing the $2.48 analyst forecast. Fiscal Q4 guidance was equally impressive, with revenue midpoint at $1.94 billion and adjusted EPS of $3.34 to $3.40, both well above Wall Street expectations of $1.83 billion and $2.68, respectively.

AI data center testing demand has emerged as a core growth engine, with AI-related revenue projected to rise from roughly 8% of total sales to 20%. Multiple Wall Street firms have raised price targets, with Susquehanna setting a street-high target of $440. Morgan Stanley upgraded the stock to Overweight, citing Keysight's architecture-agnostic AI exposure and lower volatility relative to peers in the AI space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)