TacticScaleWhat Keysight Technologies Does & How It Makes Money (KEYS)
Updated October 2026 · reflects Keysight Technologies's latest reported financials
Maker of electronic design and test equipment, software, and services. Keysight earns money by selling test instruments, systems, and design and simulation software.
How Keysight Technologies makes money
Keysight earns money by selling test instruments, systems, and design and simulation software. It also earns recurring service revenue from KeysightCare support plans, calibration, repair, test as a service, consulting, training, and used-equipment sales.
What Keysight Technologies does
Keysight Technologies traces its roots back to 1939 and is based in Santa Rosa, California. Its customers are engineers who build modern electronics and communication networks. It sells hardware such as oscilloscopes, analyzers, signal generators, and modular instruments, along with design, simulation, and computer-aided engineering software. Engineers use these tools from the first design and validation work through manufacturing, installation, and optimization. The company has two segments. The Communications Solutions Group serves wireless, data center, enterprise, and aerospace, defense, and government customers. The Electronic Industrial Solutions Group serves automotive and energy, semiconductor, and general electronics customers. Alongside its products, Keysight sells a wide range of services, including KeysightCare support, calibration, repair, technology refresh, test as a service, device vulnerability analysis, and consulting. These services give it ongoing relationships with the customers who have bought its equipment.
Products & services
- Oscilloscopes
- Analyzers
- Signal generators, sources and power supplies
- Electronic design and simulation software
- Network test, security and visibility products
- KeysightCare support plans and calibration services
What is Keysight Technologies worth?
On an owner-earnings DCF, Keysight Technologies's most-likely value is about $200 versus a recent price near $383 (48% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$87) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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