Kyndryl (NYSE:KD) Upgraded to “Buy” at Wall Street Zen

Kyndryl (NYSE:KD) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

A number of other research firms have also recently issued reports on KD. Scotiabank began coverage on shares of Kyndryl in a research report on Tuesday, January 27th. They set an “outperform” rating on the stock. Zacks Research lowered Kyndryl from a “hold” rating to a “strong sell” rating in a report on Wednesday. Guggenheim cut Kyndryl from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. lowered shares of Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 price target for the company. in a research note on Monday, February 9th. Finally, Oppenheimer restated a “market perform” rating on shares of Kyndryl in a report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $29.00.

Kyndryl Stock Down 2.1%

Shares of Kyndryl stock opened at $12.53 on Friday. The stock’s 50-day moving average is $22.97 and its 200 day moving average is $26.80. Kyndryl has a one year low of $10.10 and a one year high of $44.20. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 11.93 and a beta of 1.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.86 and a quick ratio of 1.02.

Kyndryl (NYSE:KD) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). The business had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.89 billion. Kyndryl had a return on equity of 25.91% and a net margin of 1.65%.Kyndryl’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.51 earnings per share. Equities research analysts anticipate that Kyndryl will post 0.73 EPS for the current year.

Insider Buying and Selling at Kyndryl

In related news, SVP Vineet Khurana sold 6,641 shares of the company’s 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 sale, the senior vice president owned 59,708 shares of the company’s stock, valued at $1,593,606.52. This represents a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Kyndryl

Several institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its holdings in Kyndryl by 386.2% during the third quarter. AQR Capital Management LLC now owns 4,187,177 shares of the company’s stock valued at $125,113,000 after buying an additional 3,326,025 shares during the period. Sound Shore Management Inc CT bought a new stake in Kyndryl during the 3rd quarter valued at $61,113,000. Vanguard Group Inc. increased its holdings in shares of Kyndryl by 6.1% in the 3rd quarter. Vanguard Group Inc. now owns 28,186,677 shares of the company’s stock valued at $846,446,000 after acquiring an additional 1,619,048 shares during the period. Sound Shore Management Inc. CT raised its position in shares of Kyndryl by 46.1% in the 4th quarter. Sound Shore Management Inc. CT now owns 2,974,223 shares of the company’s stock worth $78,995,000 after acquiring an additional 939,154 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Kyndryl during the 4th quarter worth $19,539,000. Institutional investors own 71.53% of the company’s stock.

Kyndryl News Summary

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl opened a Cyber Defense Operations Center in Bengaluru to combine network and security operations, which could strengthen its managed security services revenue and operational capability for large enterprise customers. Read More.
• Neutral Sentiment: Numerous plaintiff law firms are soliciting Kyndryl investors and reminding holders of an April 13, 2026 deadline to seek lead‑plaintiff status in class actions covering Aug. 7, 2024–Feb. 9, 2026. This increases visibility of litigation but is procedural until courts appoint lead plaintiffs and complaints proceed. Read More.
• Negative Sentiment: Kyndryl filed amended quarterly and annual reports disclosing that its disclosure controls and internal control over financial reporting were ineffective for multiple quarters in 2025. Material internal‑control weaknesses raise risk of further restatements, regulatory scrutiny and investor lawsuits. Read More.
• Negative Sentiment: At least one securities class action alleges that a series of disclosures (late filing, “tone at the top” issues, exec departures and an SEC request) triggered a ~55% share plunge last week; that complaint increases litigation and settlement risk for KD. Read More.
• Negative Sentiment: Analyst action: Zacks moved KD to a “Strong Sell” ranking, reflecting near‑term concern among sell‑side models and amplifying downward pressure from sentiment shifts. 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.