Oppenheimer Reaffirms “Market Perform” Rating for Kyndryl (NYSE:KD)

Kyndryl (NYSE:KD)‘s stock had its “market perform” rating restated by equities research analysts at Oppenheimer in a report released on Monday, Marketbeat Ratings reports.

Several other research analysts have also weighed in on the company. Guggenheim dropped their price target on Kyndryl from $30.00 to $28.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Susquehanna set a $35.00 target price on Kyndryl in a report on Thursday, November 6th. Zacks Research raised shares of Kyndryl from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 12th. Scotiabank initiated coverage on shares of Kyndryl in a research report on Tuesday, January 27th. They set an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. downgraded shares of Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 target price for the company. in a research report on Monday. Two 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $32.80.

Kyndryl Stock Up 4.9%

Shares of NYSE:KD opened at $11.11 on Monday. The firm has a 50 day simple moving average of $25.23 and a 200 day simple moving average of $28.09. Kyndryl has a 52 week low of $10.10 and a 52 week high of $44.20. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $2.54 billion, a PE ratio of 10.58 and a beta of 1.84.

Kyndryl (NYSE:KD) last announced its 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%. Kyndryl’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the firm earned $0.51 earnings per share. As a group, research analysts expect that Kyndryl will post 0.73 earnings per share for the current year.

Insider Buying and Selling at Kyndryl

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

Institutional Trading of Kyndryl

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Kyndryl by 50.2% during the first quarter. Royal Bank of Canada now owns 148,178 shares of the company’s stock valued at $4,653,000 after purchasing an additional 49,504 shares during the period. Integrated Wealth Concepts LLC lifted its position in Kyndryl by 15.8% in the first quarter. Integrated Wealth Concepts LLC now owns 8,025 shares of the company’s stock worth $252,000 after purchasing an additional 1,093 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Kyndryl by 1.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 733,068 shares of the company’s stock worth $23,018,000 after buying an additional 11,177 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Kyndryl by 3.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 21,508 shares of the company’s stock valued at $903,000 after buying an additional 758 shares during the period. Finally, Truist Financial Corp raised its stake in shares of Kyndryl by 9.0% in the 2nd quarter. Truist Financial Corp now owns 21,115 shares of the company’s stock valued at $886,000 after buying an additional 1,751 shares in the last quarter. Institutional investors own 71.53% of the company’s stock.

Key Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Company highlights and liquidity cushion: Kyndryl reported Q3 results showing revenue growth in its Kyndryl Consult business and stated adjusted metrics; Seeking Alpha and other writeups note the company still holds meaningful cash and liquidity that could help navigate the near‑term stress. Looking At Kyndryl After A 50%+ Drop
• Neutral Sentiment: Analyst moves are mixed — some firms reaffirmed coverage while others cut ratings/targets; expect divergent views as more disclosure arrives. Finviz / The Fly coverage of analyst actions
• Neutral Sentiment: Investors can review the company’s Q3 earnings materials and call transcript for management commentary on guidance and cash flow drivers. Kyndryl 2026 Q3 Results – Earnings Call Presentation
• Negative Sentiment: Delayed filing and internal control concerns: Kyndryl said it will not timely file its quarterly Form 10‑Q and flagged anticipated material weaknesses in internal controls for multiple periods — a primary driver of the severe sell‑off. Kyndryl delays quarterly filing, flags financial reporting concerns (Reuters)
• Negative Sentiment: Senior finance and legal departures: The CFO and General Counsel left effective immediately amid the accounting review, increasing uncertainty about near‑term remediation and reporting. Kyndryl Finance Chief Wyshner Leaves Amid Accounting Review (WSJ)
• Negative Sentiment: Widespread securities investigations: Multiple law firms have opened claims/investigations and are soliciting shareholders after the disclosures; this raises the potential for litigation costs and distractions. Kyndryl Shares Crater Amid Late Filing … – Hagens Berman (Business Wire)
• Negative Sentiment: Earnings miss and guidance cut: The company missed Q3 EPS and revenue estimates and trimmed FY revenue guidance, compounding concerns about operating performance and free cash flow. KYNDRYL REPORTS THIRD QUARTER FISCAL 2026 RESULTS (PR Newswire)

About Kyndryl

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.