Kyndryl (NYSE:KD) Lowered to “Underweight” Rating by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of Kyndryl (NYSE:KD) from an overweight rating to an underweight rating in a research note released on Monday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has $16.00 price objective on the stock.

A number of other equities research analysts also recently weighed in on KD. Guggenheim dropped their price target on shares of Kyndryl from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, February 3rd. Susquehanna set a $35.00 target price on shares of Kyndryl in a research report on Thursday, November 6th. Scotiabank initiated coverage on Kyndryl in a research note on Tuesday, January 27th. They issued an “outperform” rating on the stock. Finally, Zacks Research raised Kyndryl from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Kyndryl has a consensus rating of “Hold” and an average target price of $32.80.

Kyndryl Stock Performance

Shares of NYSE:KD opened at $10.57 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.24. Kyndryl has a 1-year low of $10.10 and a 1-year high of $44.20. The stock has a market capitalization of $2.42 billion, a P/E ratio of 6.25 and a beta of 1.85. The business has a 50-day moving average price of $25.52 and a two-hundred day moving average price of $28.28.

Insider Buying and Selling at Kyndryl

In other news, SVP Vineet Khurana sold 6,641 shares of Kyndryl stock in a transaction on Friday, December 5th. The shares were sold at an average price of $26.69, for a total transaction of $177,248.29. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Kyndryl

Several hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. lifted its holdings in Kyndryl by 75.3% during the second quarter. Assetmark Inc. now owns 775 shares of the company’s stock worth $33,000 after acquiring an additional 333 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Kyndryl during the second quarter worth about $49,000. Smartleaf Asset Management LLC lifted its holdings in shares of Kyndryl by 192.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,171 shares of the company’s stock valued at $35,000 after purchasing an additional 770 shares in the last quarter. NBT Bank N A NY lifted its holdings in shares of Kyndryl by 3,220.0% during the 4th quarter. NBT Bank N A NY now owns 1,328 shares of the company’s stock valued at $35,000 after purchasing an additional 1,288 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new position in shares of Kyndryl in the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 71.53% of the company’s stock.

More Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl said its Kyndryl Consult business delivered double‑digit revenue growth in the quarter, and the company reported positive adjusted EBITDA — a bright spot that could support medium‑term cash generation. KYNDRYL REPORTS THIRD QUARTER FISCAL 2026 RESULTS
• Neutral Sentiment: Reported Q3 results: EPS $0.52 and revenue ~ $3.9B, narrowly missing consensus — the operational picture has mixed signals vs. expectations. Kyndryl earnings report
• Neutral Sentiment: Trading was temporarily halted (LULD pauses) during the volatile session — standard market mechanism during extreme moves.
• Negative Sentiment: Kyndryl said it cannot timely file its Form 10‑Q, expects material weaknesses in internal control for multiple periods and disclosed an internal review plus voluntary SEC document requests — a major governance and disclosure red flag. Kyndryl delays quarterly filing, flags financial reporting concerns (Reuters)
• Negative Sentiment: Chief Financial Officer David Wyshner and General Counsel Edward Sebold departed effective immediately amid the accounting review — sudden exits at the top of finance and legal heighten investor concern. Kyndryl Finance Chief Wyshner Leaves (WSJ)
• Negative Sentiment: Multiple plaintiff and securities‑law firms have opened investigations and solicited investors for potential class actions — this increases legal risk and potential future liabilities. Kyndryl Shares Crater; Hagens Berman Investigation
• Negative Sentiment: Analysts reacted: JPMorgan downgraded KD to underweight (lower near‑term outlook), adding sell‑side pressure. JPMorgan downgrade report

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.