Kardigan, Inc. (NASDAQ:KARD) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Posted by Brenda Bartman on Nov 1st, 2026

Shares of Kardigan, Inc. (NASDAQ:KARD – Get Free Report) have earned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $41.00.

Several brokerages recently issued reports on KARD. Wall Street Zen lowered shares of Kardigan from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings began coverage on Kardigan in a research note on Monday, September 14th. They set a “sell (d)” rating for the company. Robert W. Baird initiated coverage on Kardigan in a research note on Wednesday, October 21st. They set an “outperform” rating and a $43.00 price target for the company. Jefferies Financial Group began coverage on Kardigan in a report on Monday, July 13th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, UBS Group started coverage on Kardigan in a research report on Monday, October 12th. They set a “buy” rating and a $25.00 price objective on the stock.

Read Our Latest Stock Analysis on Kardigan

Kardigan Trading Down 1.3%

Shares of Kardigan stock opened at $14.13 on Friday. Kardigan has a 1 year low of $12.23 and a 1 year high of $27.00. The company has a market capitalization of $1.32 billion and a price-to-earnings ratio of -4.91. The company’s 50 day moving average is $16.33.

Kardigan (NASDAQ:KARD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($4.61) EPS for the quarter. Analysts anticipate that Kardigan will post -3.51 EPS for the current year.

Institutional Trading of Kardigan

Several hedge funds and other institutional investors have recently bought and sold shares of KARD. China Universal Asset Management Co. Ltd. purchased a new position in shares of Kardigan during the third quarter worth approximately $47,000. Legal & General Group Plc purchased a new stake in shares of Kardigan in the 2nd quarter valued at $119,000. Squarepoint Ops LLC purchased a new stake in shares of Kardigan in the 2nd quarter valued at $247,000. Alyeska Investment Group L.P. bought a new position in shares of Kardigan during the 2nd quarter valued at $716,000. Finally, Bank of America Corp DE bought a new position in shares of Kardigan during the 2nd quarter valued at $1,283,000.