Kyndryl (NYSE:KD – Get Free Report) had its price target increased by equities research analysts at Susquehanna from $13.00 to $16.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Susquehanna‘s price target would indicate a potential downside of 6.79% from the company’s previous close.
Other equities research analysts have also issued research reports about the company. Weiss Ratings restated a “sell (d)” rating on shares of Kyndryl in a research note on Tuesday. Zacks Research upgraded shares of Kyndryl from a “strong sell” rating to a “hold” rating in a report on Monday, September 14th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $16.00 price objective on shares of Kyndryl in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Kyndryl from $13.00 to $14.00 and gave the stock an “underweight” rating in a research note on Monday, August 10th. Seven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $17.00.
Check Out Our Latest Stock Analysis on KD
Kyndryl Stock Up 32.7%
Kyndryl stock opened at $17.17 on Thursday. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 46.39 and a beta of 1.62. Kyndryl has a 1-year low of $10.10 and a 1-year high of $28.83. The business has a fifty day moving average price of $12.90 and a 200-day moving average price of $13.45.
Kyndryl (NYSE:KD – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. Kyndryl had a return on equity of 12.24% and a net margin of 0.58%. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.62 billion. During the same period in the prior year, the company posted $0.38 EPS. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. Equities research analysts forecast that Kyndryl will post 1.36 EPS for the current fiscal year.
Institutional Trading of Kyndryl
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new stake in Kyndryl during the 1st quarter valued at about $29,000. Trust Co. of Vermont purchased a new position in shares of Kyndryl in the second quarter worth about $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Kyndryl in the third quarter worth about $26,000. Versant Capital Management Inc lifted its holdings in shares of Kyndryl by 104.1% during the second quarter. Versant Capital Management Inc now owns 2,418 shares of the company’s stock worth $27,000 after purchasing an additional 1,233 shares during the period. Finally, NFSG Corp lifted its holdings in shares of Kyndryl by 177.2% during the first quarter. NFSG Corp now owns 2,830 shares of the company’s stock worth $37,000 after purchasing an additional 1,809 shares during the period. Institutional investors and hedge funds own 71.53% of the company’s stock.
More Kyndryl News
Here are the key news stories impacting Kyndryl this week:
- Positive Sentiment: Kyndryl reported adjusted EPS of $0.42, above analyst expectations of about $0.37–$0.38, while revenue of $3.65 billion also topped estimates. The company reaffirmed its fiscal 2027 outlook and cited strong signings and growth in Kyndryl Consult and hyperscaler-related revenue. Kyndryl second-quarter fiscal 2027 results
- Positive Sentiment: The company reiterated its target of $400 million–$500 million in fiscal 2027 free cash flow and is aiming for $400 million–$500 million in annualized operating-cost savings in fiscal 2028, supporting confidence in cash generation and efficiency improvements. Free cash flow and cost-savings targets
- Positive Sentiment: A new solution with Amazon Web Services combines Kyndryl’s modernization services with AWS Transform to help customers update applications and build AI-ready technology foundations. The partnership may strengthen Kyndryl’s positioning in enterprise modernization, though no financial contribution was disclosed. Kyndryl modernization solution with AWS
- Negative Sentiment: Revenue fell 1.9% year over year, and coverage noted that reported profit declined even as adjusted profit rose. That weakness suggests the earnings beat has not yet translated into broad-based growth. Kyndryl quarterly profit and adjusted earnings
- Neutral Sentiment: A valuation analysis argued that KD could be around 30% overvalued after its rally, raising the possibility that valuation may limit further gains; this is an analyst assessment, not a company forecast. Kyndryl valuation analysis
Kyndryl Company Profile
Kyndryl Holdings, Inc (NYSE:KD) is an information technology services company that designs, builds, manages and modernizes mission-critical technology systems for businesses and public-sector organizations. Its services help customers operate and transform complex IT environments, including cloud, data centers, networks, applications and digital workplaces.
The company provides consulting and implementation services as well as ongoing managed services. Its capabilities include cloud solutions, network and edge services, cybersecurity, data and artificial intelligence, application management, enterprise computing and technology modernization.
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