Kyndryl Holdings, Inc. (NYSE:KD – Get Free Report) has been assigned an average rating of “Reduce” from the nine analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $16.50.
A number of research analysts have recently commented on the stock. Weiss Ratings lowered shares of Kyndryl from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. upped their price target on shares of Kyndryl from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Monday, August 10th. Zacks Research upgraded Kyndryl from a “strong sell” rating to a “hold” rating in a research report on Monday, September 14th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $16.00 price objective on shares of Kyndryl in a research note on Thursday, August 6th.
Check Out Our Latest Research Report on Kyndryl
Institutional Investors Weigh In On Kyndryl
A number of institutional investors and hedge funds have recently bought and sold shares of KD. Cooper Creek Partners Management LLC boosted its stake in shares of Kyndryl by 498.5% during the first quarter. Cooper Creek Partners Management LLC now owns 3,895,949 shares of the company’s stock valued at $51,115,000 after purchasing an additional 3,245,013 shares during the period. Sound Shore Management Inc. CT grew its holdings in shares of Kyndryl by 39.5% in the first quarter. Sound Shore Management Inc. CT now owns 4,147,984 shares of the company’s stock worth $54,422,000 after purchasing an additional 1,173,761 shares during the last quarter. Jupiter Topco LLC purchased a new position in shares of Kyndryl in the second quarter worth $6,672,000. State Street Corp increased its stake in shares of Kyndryl by 6.8% in the second quarter. State Street Corp now owns 7,792,865 shares of the company’s stock worth $88,137,000 after buying an additional 492,925 shares during the period. Finally, Amundi increased its stake in shares of Kyndryl by 145.5% in the second quarter. Amundi now owns 708,203 shares of the company’s stock worth $8,010,000 after buying an additional 419,708 shares during the period. 71.53% of the stock is owned by hedge funds and other institutional investors.
More Kyndryl News
Here are the key news stories impacting Kyndryl this week:
- Positive Sentiment: Kyndryl reported quarterly earnings of $0.42 per share, above estimates of roughly $0.38, and revenue of $3.65 billion, slightly ahead of forecasts. Adjusted profit improved from a year earlier. Kyndryl Q2 earnings beat
- Positive Sentiment: Management reaffirmed its fiscal 2027 outlook, including a target of $400 million–$500 million in free cash flow. It also aims for $400 million–$500 million in annualized operating-cost savings in fiscal 2028. Kyndryl reaffirms cash-flow and savings targets
- Positive Sentiment: The company cited strong contract signings, including 43 deals worth more than $50 million over the past year, alongside growth in Kyndryl Consult and hyperscaler-related revenue. Those trends support management’s confidence in its outlook. Kyndryl: 3 key takeaways
- Negative Sentiment: Revenue was down 1.9% year over year, while reported net income was $59 million. The modest decline in sales remains a concern despite the earnings beat and stronger adjusted results. Kyndryl reports second-quarter fiscal 2027 results
Kyndryl Price Performance
KD stock opened at $17.17 on Thursday. The firm has a 50 day moving average of $12.90 and a 200-day moving average of $13.45. The firm has a market capitalization of $3.74 billion, a P/E ratio of 46.39 and a beta of 1.62. Kyndryl has a 12 month low of $10.10 and a 12 month high of $28.83. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.96.
Kyndryl (NYSE:KD – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported $0.42 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $3.62 billion. During the same quarter in the prior year, the firm posted $0.38 EPS. Kyndryl’s revenue was down 1.9% on a year-over-year basis. As a group, sell-side analysts predict that Kyndryl will post 1.36 earnings per share for the current fiscal year.
About Kyndryl
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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