Kyndryl (NYSE:KD – Get Free Report) had its price target lowered by analysts at Morgan Stanley from $28.00 to $13.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 2.83% from the company’s current price.
KD has been the topic of several other reports. Zacks Research lowered Kyndryl from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. lowered shares of Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 price objective on the stock. in a research note on Monday, February 9th. Wall Street Zen raised shares of Kyndryl from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. Scotiabank initiated coverage on shares of Kyndryl in a research note on Tuesday, January 27th. They issued an “outperform” rating for the company. Finally, Susquehanna lowered their price target on shares of Kyndryl from $35.00 to $16.00 and set a “positive” rating for the company in a report on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $25.60.
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Kyndryl Stock Up 2.3%
Kyndryl (NYSE:KD – Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). Kyndryl had a return on equity of 25.91% and a net margin of 1.65%.The company had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. The company’s revenue for the quarter was up .6% compared to the same quarter last year. Research analysts anticipate that Kyndryl will post 0.73 EPS for the current fiscal year.
Institutional Investors Weigh In On Kyndryl
Several hedge funds and other institutional investors have recently bought and sold shares of KD. Royal Bank of Canada boosted its stake in shares of Kyndryl by 50.2% during the 1st quarter. Royal Bank of Canada now owns 148,178 shares of the company’s stock valued at $4,653,000 after buying an additional 49,504 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of 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 buying an additional 1,093 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Kyndryl by 1.5% in 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 during the last quarter. Cetera Investment Advisers raised its holdings in Kyndryl by 4.2% in the second quarter. Cetera Investment Advisers now owns 31,565 shares of the company’s stock valued at $1,324,000 after acquiring an additional 1,279 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Kyndryl by 16.9% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 46,804 shares of the company’s stock valued at $1,964,000 after acquiring an additional 6,756 shares in the last quarter. 71.53% of the stock is currently owned by hedge funds and other institutional investors.
Key Kyndryl News
Here are the key news stories impacting Kyndryl this week:
- Neutral Sentiment: Valuation pieces note Kyndryl is being re‑priced following the new securities litigation and recent share collapse; these analyses frame today’s bounce as a valuation/flow-driven rebound rather than new fundamental improvement. Read More.
- Negative Sentiment: Hagens Berman filed an expanded securities class action that extends the class period (to Aug. 1, 2024) and adds allegations about Kyndryl’s free cash flow reporting — a direct challenge to recent financial disclosures and a material legal overhang. Read More.
- Negative Sentiment: Multiple plaintiff firms (Kessler Topaz, Faruqi & Faruqi, Levi & Korsinsky, Rosen, Pomerantz, Kahn Swick, Holzer & Holzer, etc.) are soliciting clients and reminding investors of an April 13, 2026 lead‑plaintiff deadline — amplified media attention increases legal risk and potential future liabilities. Representative notices: Read More., Read More.
- Negative Sentiment: Morgan Stanley slashed its price target from $28 to $13 and set an “equal weight” rating — a large cut that signals reduced upside from prior forecasts and may dampen institutional demand. Read More.
- Negative Sentiment: Market commentary (Zacks, MSN) ties recent outsized share declines to the litigation and cash‑flow concerns, reinforcing the narrative that near‑term pressure is driven by legal and disclosure risk rather than improving operations. Read More.
Kyndryl Company Profile
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.
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