Kyndryl Holdings, Inc. (NYSE:KD) Stock Has Consensus Price Target of $16.50

Shares of Kyndryl Holdings, Inc. (NYSE:KD) have received an average rating of “Reduce” from the nine brokerages that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $16.50.

Several equities research analysts have recently commented on the stock. Zacks Research raised shares of Kyndryl from a “strong sell” rating to a “hold” rating in a research report on Monday, September 14th. BMO Capital Markets reiterated a “market perform” rating and set a $16.00 price target on shares of Kyndryl in a research report on Thursday, August 6th. Weiss Ratings downgraded shares of Kyndryl from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. increased their price target 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.

Key Headlines Impacting Kyndryl

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 Stock Up 32.7%

NYSE KD 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 PE 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’s 50-day moving average is $12.90 and its 200 day moving average is $13.45.

Kyndryl (NYSE:KD) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.62 billion. Kyndryl had a return on equity of 12.24% and a net margin of 0.58%. The firm’s revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.38 earnings per share. Sell-side analysts forecast that Kyndryl will post 1.36 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Amundi lifted its stake in shares of Kyndryl by 145.5% in the 2nd quarter. Amundi now owns 708,203 shares of the company’s stock valued at $8,010,000 after purchasing an additional 419,708 shares during the period. Hara Capital LLC bought a new stake in shares of Kyndryl during the second quarter valued at approximately $1,011,000. State Street Corp grew its stake in 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 purchasing an additional 492,925 shares during the period. Waterfront Wealth Inc. purchased a new stake in Kyndryl in the first quarter worth $2,740,000. Finally, Corient Private Wealth LP grew its stake in Kyndryl by 768.6% in the second quarter. Corient Private Wealth LP now owns 96,657 shares of the company’s stock worth $1,093,000 after purchasing an additional 85,529 shares during the period. Hedge funds and other institutional investors own 71.53% of the company’s stock.

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.