Goldman Sachs raises Keysight price target to $487 on strong AI-driven demand surge

Goldman Sachs raised its price target for Keysight Technologies to $487, reflecting a 27% upside from the current share price, driven by strong demand for AI infrastructure. Keysight reported a 56% increase in fiscal Q3 orders to $2.09 billion, with Commercial Communications revenue surpassing $1 billion for the first time. The company benefits from growth in AI data center testing, high-speed networks, and emerging 6G technology, supporting strong operational margins and future growth prospects. Keysight's shares have risen about 90%, entering a buy zone as investors anticipate continued expansion in AI and communications sectors.

As of Oct 06, 2026 20:33 WIB, Keysight Technologies shares trade at USD 387.02 on Pluang, up 0.76% for the day with a market cap of $65.40 billion. Investor interest remains strong with 93% of order activity on Pluang being buys, reflecting confidence in the stock's growth potential. Goldman Sachs shares also rose 0.62% to USD 899.00, supported by a high buy ratio of 97% on Pluang, highlighting continued investor optimism in financial and technology sectors.