Kodiak Gas Services (NYSE:KGS) Stock Price Target Cut by Royal Bank Of Canada

Kodiak Gas Services (NYSE:KGS) had its target price reduced by analysts at Royal Bank Of Canada from $82.00 to $78.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 79.71% from the company’s current price.

Several other research firms have also recently weighed in on KGS. Raymond James Financial reiterated an “outperform” rating and issued a $70.00 price target on shares of Kodiak Gas Services in a report on Tuesday. UBS Group restated a “buy” rating on shares of Kodiak Gas Services in a report on Friday, October 16th. Jefferies Financial Group set a $52.00 price objective on shares of Kodiak Gas Services in a report on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Kodiak Gas Services from $79.00 to $78.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Finally, Piper Sandler started coverage on shares of Kodiak Gas Services in a research note on Tuesday, July 28th. They set an “overweight” rating and a $78.00 target price on the stock. Fourteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Kodiak Gas Services presently has an average rating of “Moderate Buy” and a consensus target price of $76.50.

Kodiak Gas Services Trading Down 2.8%

KGS stock traded down $1.27 during midday trading on Tuesday, hitting $43.40. The company had a trading volume of 360,856 shares, compared to its average volume of 1,749,018. The company has a current ratio of 1.45, a quick ratio of 1.15 and a debt-to-equity ratio of 1.28. Kodiak Gas Services has a 52 week low of $32.55 and a 52 week high of $77.68. The stock’s 50 day moving average price is $52.60 and its 200 day moving average price is $59.11. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 51.75 and a beta of 1.07.

Kodiak Gas Services (NYSE:KGS) last posted its earnings results on Monday, November 9th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.08. Kodiak Gas Services had a net margin of 5.77% and a return on equity of 11.92%. The company had revenue of $401.79 million during the quarter, compared to analyst estimates of $387.50 million. During the same period in the prior year, the business posted $0.36 earnings per share. Kodiak Gas Services’s revenue for the quarter was up 24.5% on a year-over-year basis. As a group, equities research analysts expect that Kodiak Gas Services will post 2.43 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Kodiak Gas Services news, COO William Lenamon sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $53.25, for a total transaction of $53,250.00. Following the completion of the transaction, the chief operating officer owned 84,294 shares of the company’s stock, valued at approximately $4,488,655.50. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert McKee sold 2,666 shares of Kodiak Gas Services stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $45.55, for a total transaction of $121,436.30. Following the transaction, the chief executive officer owned 287,258 shares of the company’s stock, valued at $13,084,601.90. The trade was a 0.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 23,002 shares of company stock worth $1,325,334. 0.64% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Kodiak Gas Services

Several hedge funds have recently added to or reduced their stakes in KGS. BlackRock Inc. purchased a new position in Kodiak Gas Services in the 2nd quarter worth approximately $1,142,139,000. Bank of America Corp DE purchased a new stake in Kodiak Gas Services during the 2nd quarter valued at $109,850,000. Kayne Anderson Capital Advisors LP purchased a new stake in Kodiak Gas Services during the 2nd quarter valued at $84,821,000. Wellington Management Group LLP boosted its stake in Kodiak Gas Services by 85.0% during the 2nd quarter. Wellington Management Group LLP now owns 2,432,174 shares of the company’s stock valued at $182,729,000 after purchasing an additional 1,117,743 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Kodiak Gas Services in the 2nd quarter worth $73,623,000. 24.95% of the stock is owned by institutional investors.

Key Stories Impacting Kodiak Gas Services

Here are the key news stories impacting Kodiak Gas Services this week:

• Positive Sentiment: Kodiak reported Q3 earnings of $0.70 per share, above the $0.62 consensus estimate and up from $0.36 a year earlier. Revenue rose 24.5% year over year to $401.8 million, also beating expectations of $387.5 million. Kodiak Q3 2026 results and guidance
• Positive Sentiment: The company increased its full-year 2026 Adjusted EBITDA and discretionary cash flow guidance. Its EBITDA outlook has a midpoint of $850 million, supporting the positive market reaction. Kodiak targets $850 million EBITDA midpoint
• Positive Sentiment: Kodiak highlighted the addition of approximately 170,000 horsepower, alongside record Compression Infrastructure segment revenue of $318.4 million—indicators of expanding operating activity. Kodiak Q3 2026 operating highlights

Kodiak Gas Services Company Profile

Kodiak Gas Services provides contract natural gas compression services to energy companies in the United States. Its equipment helps move natural gas from production sites through gathering and processing systems and into pipelines.

The company supplies, installs, operates and maintains compression equipment, including large-horsepower compressor units. Its services support natural gas production and transportation across major U.S. oil and gas regions.

Based in The Woodlands, Texas, Kodiak became a publicly traded company in 2023.