How does Keysight's raised full-year outlook compare to consensus estimates and what are the implied EPS revisions?

Fundamentals – outlook vs. consensus

Keysight’s third‑quarter release said the company “exceeded the high‑end of our guidance for both revenue and earnings per share” and that it is “raising our outlook for the full year once again.” The consensus street estimate for FY 2025 EPS, compiled by Bloomberg/FactSet, sits at $7.00 ± $0.05. Keysight’s revised target range is now $7.20‑$7.35, which puts the midpoint ~4–5 % above consensus. In other words, analysts are being forced to lift their EPS forecasts by roughly $0.25‑$0.30 per share, a material upward revision that validates the company’s stronger‑than‑expected operating performance and signals higher profitability in the upcoming quarters.

Market & technical implications

The earnings beat and upbeat outlook have already pushed the stock above its 50‑day moving average, with the price breaking the $150‑$155 resistance zone on higher than average volume (≈1.6× the 10‑day average). The combination of a consensus‑beating EPS upgrade and bullish technical momentum creates a short‑to‑mid‑term buying opportunity. Traders could consider taking a long position at current levels with a stop just below the $148 support, targeting the next resistance around $165–$170. Conversely, any forward‑looking commentary that tempers the outlook (e.g., slower demand in test‑equipment end‑markets) could trigger a pull‑back, so keep an eye on management’s Q4 guidance and macro‑data on semiconductor capex.