Kyndryl (NYSE:KD – Get Free Report) had its price objective boosted by analysts at Scotiabank from $15.00 to $19.00 in a report released on Thursday, Benzinga reports. The firm currently has a “sector perform” rating on the stock. Scotiabank‘s price target indicates a potential upside of 16.91% from the stock’s current price.
Several other equities research analysts have also commented on the company. BMO Capital Markets restated a “market perform” rating and issued a $16.00 price objective on shares of Kyndryl in a research note on Thursday, August 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Kyndryl in a report on Tuesday. Susquehanna increased their price target on Kyndryl from $13.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday. Zacks Research raised shares of Kyndryl from a “strong sell” rating to a “hold” rating in a research note on Monday, September 14th. Finally, JPMorgan Chase & Co. boosted their target price on Kyndryl from $13.00 to $14.00 and gave the company an “underweight” rating in a research report on Monday, August 10th. Seven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $17.67.
Kyndryl Stock Performance
Shares of KD stock traded down $0.59 during trading hours on Thursday, reaching $16.25. The company had a trading volume of 4,318,394 shares, compared to its average volume of 4,519,696. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.85. Kyndryl has a one year low of $10.10 and a one year high of $27.83. The firm has a market cap of $3.54 billion, a PE ratio of 44.04 and a beta of 1.62. 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 for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. Kyndryl had a net margin of 0.58% and a return on equity of 12.24%. The business had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.62 billion. During the same period in the previous year, the business earned $0.38 EPS. The company’s quarterly revenue was down 1.9% compared to the same quarter last year. Sell-side analysts predict that Kyndryl will post 1.36 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Trust Co. of Vermont bought a new stake in Kyndryl during the 2nd quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Kyndryl in the 3rd quarter valued at about $26,000. Versant Capital Management Inc boosted its position in Kyndryl by 104.1% in the 2nd quarter. Versant Capital Management Inc now owns 2,418 shares of the company’s stock valued at $27,000 after buying an additional 1,233 shares during the period. Western Wealth Management LLC bought a new position in Kyndryl in the 1st quarter worth about $29,000. Finally, NFSG Corp grew its stake in Kyndryl by 177.2% in the 1st quarter. NFSG Corp now owns 2,830 shares of the company’s stock worth $37,000 after acquiring an additional 1,809 shares in the last quarter. 71.53% of the stock is currently owned by institutional investors.
Kyndryl News Summary
Here are the key news stories impacting Kyndryl this week:
- Positive Sentiment: Fiscal Q2 adjusted EPS was $0.42, above the roughly $0.38 consensus, and revenue of $3.65 billion edged past estimates. Kyndryl also reaffirmed its fiscal 2027 outlook; management cited strong signings and growth in Kyndryl Consult and hyperscaler-related revenue. Kyndryl Q2 results
- Positive Sentiment: Kyndryl announced an agentic-AI modernization solution with Amazon Web Services, aiming to help customers modernize applications and deploy AI-ready workflows at scale. The partnership could strengthen its enterprise-services offering, though the announcement did not quantify expected revenue. Kyndryl and AWS modernization solution
- Neutral Sentiment: Susquehanna raised its price target from $13 to $16 but maintained a neutral rating, suggesting limited upside at the cited share price. Susquehanna rating information
- Negative Sentiment: Revenue declined 1.9% year over year, and reported profit was lower, despite the adjusted earnings beat. That contraction may raise questions about the durability of growth. Kyndryl profit and revenue report
- Negative Sentiment: One valuation analysis argued KD could be about 30% overvalued after its earnings-driven rally, a potential headwind if investors focus on valuation rather than the beat. 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.
Further Reading
- Five stocks we like better than Kyndryl
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Kyndryl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kyndryl and related companies with MarketBeat.com's FREE daily email newsletter.
