Keysight Technologies posts record Q1, driven by AI and 6G demand, with strong outlook through 2027.

Keysight Technologies reported record first-quarter results fueled by strong demand in AI and 6G technologies. The company has a $2.75 billion backlog and 30% year-over-year order growth, providing clear visibility into the second and third quarters. This momentum supports robust guidance for fiscal years 2026 and 2027. Despite risks like valuation sensitivity and cyclical exposure in semiconductors, Keysight is expected to beat Q2 estimates and raise guidance, benefiting from its leadership in AI infrastructure and synergy with Spirent.