Kyndryl (NYSE:KD) Stock Price Expected to Rise, Susquehanna Analyst Says

Kyndryl (NYSE:KD) had its target price lifted by Susquehanna from $13.00 to $16.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna‘s target price indicates a potential downside of 2.10% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Zacks Research upgraded Kyndryl from a “strong sell” rating to a “hold” rating in a report on Monday, September 14th. Weiss Ratings reiterated a “sell (d)” rating on shares of Kyndryl in a research note on Tuesday. BMO Capital Markets reissued a “market perform” rating and set a $16.00 price objective on shares of Kyndryl in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. increased their price objective on Kyndryl from $13.00 to $14.00 and gave the company an “underweight” rating in a report on Monday, August 10th. Seven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $17.67.

Kyndryl Stock Up 1.0%

Shares of KD traded up $0.16 during mid-day trading on Thursday, hitting $16.34. 5,119,687 shares of the company’s stock were exchanged, compared to its average volume of 3,827,999. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 46.70 and a beta of 1.62. The firm has a fifty day moving average of $13.03 and a two-hundred day moving average of $13.37. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.96. Kyndryl has a twelve month low of $10.10 and a twelve month high of $27.83.

Kyndryl (NYSE:KD) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. The business had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.62 billion. Kyndryl had a net margin of 0.58% and a return on equity of 12.24%. Kyndryl’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.38 EPS. On average, sell-side analysts forecast that Kyndryl will post 1.36 earnings per share for the current year.

Hedge Funds Weigh In On Kyndryl

Large investors have recently made changes to their positions in the business. Amundi boosted its stake in Kyndryl by 145.5% during 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 position in Kyndryl in the 2nd quarter worth approximately $1,011,000. State Street Corp increased its position in Kyndryl by 6.8% in the 2nd 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. Waterfront Wealth Inc. acquired a new position in shares of Kyndryl during the first quarter worth approximately $2,740,000. Finally, Corient Private Wealth LP lifted its holdings in shares of Kyndryl by 768.6% during the second quarter. Corient Private Wealth LP now owns 96,657 shares of the company’s stock worth $1,093,000 after buying an additional 85,529 shares during the last quarter. Institutional investors and hedge funds own 71.53% of the company’s stock.

Trending Headlines about Kyndryl

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl reported adjusted earnings of $0.42 per share, above the $0.38 consensus, and revenue of $3.65 billion, slightly ahead of expectations. Investors also responded to signs that AI-led modernization and efficiency efforts are improving margins. AI-led modernization and efficiency drive margin gains
• Positive Sentiment: The company reaffirmed its fiscal 2027 free-cash-flow outlook of $400 million to $500 million and is targeting $400 million to $500 million in annualized operating-cost savings in fiscal 2028, supporting its efficiency narrative. Kyndryl reaffirms free-cash-flow outlook and savings target
• Positive Sentiment: Kyndryl and AWS announced an agentic-AI modernization solution intended to help customers modernize applications faster, reduce transformation risk and build AI-ready systems. The partnership could support demand for Kyndryl’s services. Kyndryl uses agentic AI to accelerate enterprise modernization with AWS
• Neutral Sentiment: Scotiabank raised its price target from $15 to $19 while maintaining a “sector perform” rating. Susquehanna raised its target from $13 to $16 but kept a “neutral” rating, suggesting analysts see limited near-term upside at the recent share price. Susquehanna raises Kyndryl price target
• Negative Sentiment: Despite beating estimates, revenue declined 1.9% year over year. One valuation analysis also argued that the earnings-driven rally may have left KD overvalued, highlighting the risk that expectations have moved ahead of fundamentals. Valuation analysis of Kyndryl Holdings

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.