Kyndryl’s (KD) Market Perform Rating Reiterated at Oppenheimer

Oppenheimer reiterated their market perform rating on shares of Kyndryl (NYSE:KD) in a report released on Monday morning, Marketbeat.com reports.

Several other research firms have also recently issued reports on KD. JPMorgan Chase & Co. cut Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 price target on the stock. in a report on Monday. Scotiabank assumed coverage on Kyndryl in a report on Tuesday, January 27th. They set an “outperform” rating for the company. Zacks Research upgraded Kyndryl from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 12th. Susquehanna set a $35.00 target price on shares of Kyndryl in a research report on Thursday, November 6th. Finally, Guggenheim cut their price target on shares of Kyndryl from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $32.80.

Kyndryl Price Performance

Shares of NYSE:KD opened at $12.10 on Monday. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 11.53 and a beta of 1.84. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.02 and a quick ratio of 1.02. Kyndryl has a 12 month low of $10.10 and a 12 month high of $44.20. The stock’s 50 day moving average price is $24.95 and its 200 day moving average price is $27.97.

Kyndryl (NYSE:KD) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.08). The firm had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.89 billion. Kyndryl had a net margin of 1.65% and a return on equity of 25.77%. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 earnings per share. Equities research analysts anticipate that Kyndryl will post 0.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Kyndryl news, SVP Vineet Khurana sold 6,641 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.69, for a total value of $177,248.29. Following the completion of the sale, the senior vice president owned 59,708 shares in the company, valued at $1,593,606.52. This represents a 10.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Kyndryl

A number of hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC boosted its position in Kyndryl by 386.2% during the third quarter. AQR Capital Management LLC now owns 4,187,177 shares of the company’s stock valued at $125,113,000 after purchasing an additional 3,326,025 shares during the last quarter. Sound Shore Management Inc CT acquired a new position in Kyndryl in the third quarter worth approximately $61,113,000. Vanguard Group Inc. raised its position in Kyndryl by 6.1% during the third quarter. Vanguard Group Inc. now owns 28,186,677 shares of the company’s stock valued at $846,446,000 after acquiring an additional 1,619,048 shares in the last quarter. Sound Shore Management Inc. CT lifted its stake in Kyndryl by 46.1% in the fourth quarter. Sound Shore Management Inc. CT now owns 2,974,223 shares of the company’s stock valued at $78,995,000 after acquiring an additional 939,154 shares during the last quarter. Finally, Norges Bank acquired a new stake in Kyndryl in the fourth quarter valued at approximately $19,539,000. 71.53% of the stock is owned by institutional investors and hedge funds.

Key Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl announced a new “agentic AI workflow governance” capability aimed at regulated, mission‑critical deployments — a product milestone that reinforces its enterprise AI positioning and could help with longer‑term demand. Agentic AI workflow governance
• Neutral Sentiment: Options activity spiked (notably a large increase in put volume), signaling heavy hedging/speculation that can amplify intraday moves and volatility; trade flows may be contributing to today’s bounce.
• Negative Sentiment: Multiple securities‑law firms have filed or launched investigations and class actions alleging misstatements and seeking lead plaintiffs for purchasers of KD shares from Aug. 7, 2024 to Feb. 9, 2026 — increasing litigation risk and potential costs. Class action reminder
• Negative Sentiment: Kyndryl disclosed an internal accounting review (including cash‑management procedures), said it would delay a quarterly filing, and saw abrupt departures of the CFO and General Counsel — developments that triggered SEC attention and a severe market reaction. Accounting review and departures
• Negative Sentiment: Analysts have reacted with downgrades and lower ratings after the company’s guidance cuts, missed estimates and the control/filing issues — a headwind for sentiment and potential near‑term institutional selling. Guggenheim downgrade

Kyndryl Company Profile

Kyndryl (NYSE: KD) is a global managed infrastructure services provider formed in November 2021 through the spin-off of IBM’s Managed Infrastructure Services business. The company designs, builds, manages and modernizes critical information technology systems for enterprises worldwide. Kyndryl’s core offerings include cloud migration and management, network and edge computing solutions, digital workplace services and IT resiliency and security capabilities.

With a workforce of approximately 90,000 professionals and operations in more than 60 countries, Kyndryl serves clients across a broad range of industries, including financial services, telecommunications, healthcare, manufacturing and retail.