NYSE:KD

Kyndryl (KD) Stock Price, News & Analysis

$27.28
+0.90 (+3.41%)
(As of 05/10/2024 ET)
Today's Range
$26.20
$27.48
50-Day Range
$19.49
$27.28
52-Week Range
$11.35
$27.50
Volume
2.62 million shs
Average Volume
1.57 million shs
Market Capitalization
$6.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$28.00

Kyndryl MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.6% Upside
$28.00 Price Target
Short Interest
Healthy
1.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of Kyndryl in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.57) to $0.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.82 out of 5 stars

Business Services Sector

280th out of 313 stocks

Computer Integrated Systems Design Industry

31st out of 34 stocks

KD stock logo

About Kyndryl Stock (NYSE:KD)

Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, communications, retail and travel, and automotive industries. The company was incorporated in 2020 and is headquartered in New York, New York.

KD Stock Price History

KD Stock News Headlines

Why Kyndryl Stock Soared This Week
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Kyndryl: Wait For The Turning Point
KD Apr 2024 27.000 call
KD Apr 2024 18.000 put
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/10/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Fax
N/A
Employees
90,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.00
High Stock Price Target
$33.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+2.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-1,375,000,000.00
Pretax Margin
-2.76%

Debt

Sales & Book Value

Annual Sales
$17.03 billion
Cash Flow
$16.74 per share
Book Value
$6.43 per share

Miscellaneous

Free Float
228,515,000
Market Cap
$6.28 billion
Optionable
Optionable
Beta
1.57
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KD Stock Analysis - Frequently Asked Questions

Should I buy or sell Kyndryl stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kyndryl in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KD shares.
View KD analyst ratings
or view top-rated stocks.

What is Kyndryl's stock price target for 2024?

3 brokers have issued 12-month target prices for Kyndryl's stock. Their KD share price targets range from $25.00 to $33.00. On average, they expect the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
View analysts price targets for KD
or view top-rated stocks among Wall Street analysts.

How have KD shares performed in 2024?

Kyndryl's stock was trading at $20.78 at the beginning of the year. Since then, KD stock has increased by 31.3% and is now trading at $27.28.
View the best growth stocks for 2024 here
.

Are investors shorting Kyndryl?

Kyndryl saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,510,000 shares, an increase of 9.2% from the April 15th total of 4,130,000 shares. Based on an average daily volume of 1,730,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.0% of the shares of the stock are short sold.
View Kyndryl's Short Interest
.

When is Kyndryl's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our KD earnings forecast
.

How were Kyndryl's earnings last quarter?

Kyndryl Holdings, Inc. (NYSE:KD) issued its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.11. The business earned $3.85 billion during the quarter, compared to analysts' expectations of $3.76 billion. Kyndryl had a negative trailing twelve-month return on equity of 7.39% and a negative net margin of 6.27%. The company's revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.21) EPS.

What guidance has Kyndryl issued on next quarter's earnings?

Kyndryl updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $15.5 billion-$15.8 billion, compared to the consensus revenue estimate of $15.3 billion.

Who are Kyndryl's major shareholders?

Kyndryl's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.26%), Jupiter Asset Management Ltd. (1.98%), Allspring Global Investments Holdings LLC (1.42%), Allspring Global Investments Holdings LLC (1.42%), Hennessy Advisors Inc. (0.69%) and Cortland Associates Inc. MO (0.55%). Insiders that own company stock include Business Machine International, David B Wyshner, Denis Machuel, Elly Keinan, Goldman Sachs Group Inc, Howard I Ungerleider and Martin J Schroeter.
View institutional ownership trends
.

How do I buy shares of Kyndryl?

Shares of KD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KD) was last updated on 5/10/2024 by MarketBeat.com Staff

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