Kyndryl (NYSE:KD) Reaches New 52-Week Low Following Analyst Downgrade

Kyndryl Holdings, Inc. (NYSE:KD) reached a new 52-week low on Tuesday after JPMorgan Chase & Co. downgraded the stock from an overweight rating to an underweight rating. JPMorgan Chase & Co. now has a $16.00 price target on the stock. Kyndryl traded as low as $10.10 and last traded at $10.57, with a volume of 60829172 shares changing hands. The stock had previously closed at $23.49.

Several other research analysts have also issued reports on the company. Zacks Research raised Kyndryl from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 12th. Guggenheim decreased their price target on 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 price objective on Kyndryl in a research report on Thursday, November 6th. Finally, Scotiabank started coverage on Kyndryl in a report on Tuesday, January 27th. They issued an “outperform” rating on the stock. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Kyndryl has a consensus rating of “Hold” and a consensus price target of $32.80.

Insider Activity at Kyndryl

In other Kyndryl news, SVP Vineet Khurana sold 6,641 shares of Kyndryl stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $26.69, for a total value of $177,248.29. Following the completion of the sale, the senior vice president directly owned 59,708 shares in the company, valued at approximately $1,593,606.52. The trade was a 10.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is currently owned by insiders.

Kyndryl News Roundup

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

Institutional Trading of Kyndryl

Hedge funds have recently modified their holdings of the stock. Assetmark Inc. raised its position in shares of Kyndryl by 75.3% in the second quarter. Assetmark Inc. now owns 775 shares of the company’s stock worth $33,000 after buying an additional 333 shares in the last quarter. Bessemer Group Inc. grew its position in Kyndryl by 11.2% during the second quarter. Bessemer Group Inc. now owns 3,476 shares of the company’s stock worth $145,000 after buying an additional 351 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in Kyndryl by 4.9% in the 2nd quarter. Coldstream Capital Management Inc. now owns 7,933 shares of the company’s stock worth $333,000 after acquiring an additional 368 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Kyndryl by 4.1% in the 2nd quarter. ProShare Advisors LLC now owns 10,316 shares of the company’s stock valued at $433,000 after acquiring an additional 402 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Kyndryl by 0.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 77,612 shares of the company’s stock valued at $2,331,000 after acquiring an additional 421 shares during the last quarter. Institutional investors own 71.53% of the company’s stock.

Kyndryl Trading Down 55.0%

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 stock has a market cap of $2.42 billion, a P/E ratio of 6.25 and a beta of 1.85. The stock has a 50-day moving average price of $25.52 and a 200-day moving average price of $28.28.

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.