This sale was conducted under a Rule 10b5-1 trading plan, which Page had adopted on June 28, 2024. Following this transaction, Page retains ownership of approximately 37,081 shares in the company. Analyst price targets for Keysight range from $157 to $200, with InvestingPro offering 12 additional exclusive insights about the company's valuation and growth prospects in its comprehensive Pro Research Report, available to subscribers. Analyst price targets for Keysight range from $157 to $200, with InvestingPro offering 12 additional exclusive insights about the company's valuation and growth prospects in its comprehensive Pro Research Report, available to subscribers. This sale was conducted under a Rule 10b5-1 trading plan, which Page had adopted on June 28, 2024. Following this transaction, Page retains ownership of approximately 37,081 shares in the company.
In other recent news, Keysight Technologies (NYSE:KEYS) has been the subject of positive attention following a strong fourth-quarter performance and promising first-quarter guidance for fiscal 2025. The company's adjusted earnings per share of $1.65 and revenue of $1.29 billion surpassed analyst expectations. Additionally, Keysight's first-quarter guidance indicates an expected adjusted earnings range of $1.65 to $1.71 per share, with projected revenue between $1.265 billion and $1.285 billion.
Baird maintained an Outperform rating on Keysight and increased the price target to $180 from $163, reflecting confidence in the company's market position and potential for growth. The revised target comes in light of Keysight's fourth fiscal quarter results and first fiscal quarter guidance, which surpassed expectations and suggested a faster-than-anticipated business recovery.
Keysight Technologies has also shown resilience in weaker market segments, notably in the Automotive sector, while facing challenges in wireless markets. Despite these issues, the company's order performance has remained strong, marking a positive sign for investors. The firm's analyst noted that the markets for Keysight Technologies seem to lean towards a favorable outcome, assuming geopolitical and trade conditions remain stable.
In other developments, Keysight's Communications Solutions Group segment reported flat year-over-year revenue at $894 million, while the Electronic Industrial Solutions Group revenue declined by 6% to $393 million. The company also generated a free cash flow of $328 million in Q4, a slight decrease from $340 million in the same period last year. These recent developments underscore Keysight's adaptability in a fluctuating market environment.
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