Keysight Technologies, Inc. KEYS has taken on a pivotal role as the certification test partner for Thunderbolt 5 products, appointed by UL Solutions. This partnership solidifies UL Solutions’ standing as an Intel-authorized lab for Thunderbolt 5 technologies.
Thunderbolt 5 certification signifies adherence to stringent Thunderbolt standards, and Keysight, working in tandem with UL Solutions, is dedicated to assuring product compliance. UL Solutions employs various Keysight test and measurement products, including the Infiniium UXR B Series Oscilloscopes, the M8000 Series High-Performance BERT, and ENA Vector Network Analyzers, to validate Thunderbolt 5 certification.
Thunderbolt 5 marks a leap forward in wired connectivity, offering data transfer speeds of up to 120 Gbps — a nearly threefold increase from Thunderbolt 4. This advancement supports cutting-edge display technologies, enhances power delivery, and enables swift transfers of large files such as ultra-high-definition videos and intricate 3D models. The result is a streamlined workflow, heightened productivity, and an enhanced user experience.
Elevated Demand for Keysight’s Testing Solutions
The robust demand for Keysight’s electronic design and test solutions is fueling the company’s performance. With electronic devices serving as the cornerstone of IoT services, wireless technology, data centers, and 5G technologies, the rapid adoption of these devices is propelling the need for Keysight’s electronic testing equipment.
Keysight Technologies Inc. Price and Consensus
Keysight Technologies Inc. price-consensus-chart | Keysight Technologies Inc. Quote
An exemplary example is the Radar Scene Emulator, an award-winning solution that uniquely simulates realistic roadway scenarios in a lab setting. Recognized by a prominent U.S. auto manufacturer for testing and validating autonomous drive systems, this cutting-edge solution underscores Keysight’s innovation.
Recently, Keysight achieved a significant milestone by successfully testing and certifying Autotalks’ V2X communication solution in its device security research lab, Riscure Security Solutions, under the Common Criteria certification program. This accomplishment is poised to set new security benchmarks, representing the first instance of a V2X chipset embedded with a Hardware Security Module receiving such certification.
The escalating demand for electronic testing equipment is set to drive up Keysight’s revenues and bolster its stock performance as it capitalizes on the increasing adoption of indispensable electronic devices.
KEYS’ Zacks Rank & Stock Price Performance
Currently holding a Zacks Rank #3 (Hold), KEYS has seen its stock surge by 19.6% in the past year, outpacing the sub-industry’s growth of 16%.
Image Source: Zacks Investment Research
Promising Stocks to Monitor
Within the broader technology landscape, some noteworthy stocks to consider are Seagate Technology Holdings plc STX, ANSYS, Inc. ANSS, and American Software, Inc. AMSWA. STX currently boasts a Zacks Rank #1 (Strong Buy), while ANSS and AMSWA carry a Zacks Rank #2 (Buy).
Seagate Technology has delivered an impressive average earnings surprise of 80.9% in three of the last four quarters, with a remarkable 40% earnings surprise in the most recent quarter. The Zacks Consensus Earnings Estimate for STX has surged by 18% to $7.41 over the past 60 days.
With an average earnings surprise of 4.8% in three of the trailing four quarters, ANSYS has recently achieved an earnings surprise of 28.9%. The company also maintains a long-term earnings growth expectation of 6.4%.
American Software has consistently surpassed earnings estimates with an average surprise of 84.5% over the last four quarters. In the most recent quarter, AMSWA exceeded expectations by 71.4%. The Zacks Consensus Earnings Estimate for AMSWA has risen by 8.6% to 38 cents in the past 60 days.
Market News and Data provided by Benzinga APIs