Goldman Sachs boosts Keysight Technologies price target to $487
On October 6, 2026, Goldman Sachs maintained its 'Buy' rating on Keysight Technologies (KEYS) while raising its price target from $384 to $487, marking a 7.74% increase. The adjustment reflects optimism about the company's future performance, particularly in the technology sector, where demand for electronic design, test, and measurement equipment is strong.
Despite the positive outlook, GuruFocus's GF Value™ indicates that KEYS is currently 71.3% overvalued, with a market price of $384.17 compared to its GF Value™ of $224.31. The stock's price-to-earnings (P/E) ratio stands at 52.92x, significantly higher than its 5-year median P/E of 30.86x, raising concerns about its valuation.
Keysight Technologies boasts a GF Score™ of 78/100, highlighting strong financial health and growth potential. The company's profitability and growth metrics are rated 8/10, while its valuation receives a low rank of 1/10. Institutional investors show mixed signals, with 13 gurus holding shares, 9 adding to their positions, and 4 trimming holdings. However, insider activity reveals notable selling, with $4,082,752 in insider sales over the past three months.
Investors should approach KEYS with caution despite the 'Buy' rating. The significant overvaluation and insider selling activity suggest potential risks that warrant further scrutiny.