Kyndryl (NYSE:KD) Price Target Cut to $13.00 by Analysts at Morgan Stanley

Kyndryl (NYSE:KD) had its price objective trimmed by Morgan Stanley from $28.00 to $13.00 in a research note published on Tuesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Several other analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Kyndryl from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 18th. Zacks Research downgraded shares of 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 target 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. Finally, Oppenheimer restated a “market perform” rating on shares of Kyndryl in a research note on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $25.60.

Kyndryl Trading Down 4.5%

KD opened at $12.37 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.86 and a current ratio of 0.86. Kyndryl has a one year low of $10.10 and a one year high of $44.20. The company has a market cap of $2.79 billion, a P/E ratio of 11.78 and a beta of 1.92. The business’s 50-day simple moving average is $16.67 and its 200-day simple moving average is $23.94.

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

Hedge Funds Weigh In On Kyndryl

A number of hedge funds have recently modified their holdings of the business. Coldstream Capital Management Inc. raised its position in Kyndryl by 4.9% in the 2nd quarter. Coldstream Capital Management Inc. now owns 7,933 shares of the company’s stock valued at $333,000 after purchasing an additional 368 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Kyndryl by 0.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 77,612 shares of the company’s stock worth $2,331,000 after purchasing an additional 421 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Kyndryl by 17.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,064 shares of the company’s stock worth $92,000 after purchasing an additional 448 shares during the last quarter. Trust Co. of Vermont increased its stake in Kyndryl by 16.2% in the third quarter. Trust Co. of Vermont now owns 3,411 shares of the company’s stock valued at $102,000 after purchasing an additional 475 shares during the period. Finally, Crossmark Global Holdings Inc. increased its stake in Kyndryl by 3.4% in the third quarter. Crossmark Global Holdings Inc. now owns 14,625 shares of the company’s stock valued at $439,000 after purchasing an additional 487 shares during the period. 71.53% of the stock is currently owned by hedge funds and other institutional investors.

More Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Neutral Sentiment: Morgan Stanley cut its price target on KD from $28.00 to $13.00 and kept an “equal weight” rating—bringing the new target roughly in line with the current share level and reducing upside expectations from the street. Benzinga
• Neutral Sentiment: News outlets flagged the stock’s larger‑than‑market decline and summarized drivers (analyst action + legal notices). These explain the price weakness in plain terms to retail and institutional readers. Zacks: Here’s Why KD Fell MSN: KD trades down
• Negative Sentiment: Multiple class‑action complaints and firm alerts were filed or reissued today; one notable filing (Hagens Berman) expands the class period and alleges that Kyndryl’s reported free‑cash‑flow metrics concealed the company’s true financial condition—this raises potential settlement exposure and management/legal distraction. Hagens Berman expanded complaint
• Negative Sentiment: Numerous law firms (Rosen, Pomerantz, Faruqi & Faruqi, Levi & Korsinsky, Bronstein Gewirtz, Schall, Gross, Holzer, Portnoy, etc.) issued reminders and investor alerts about lead‑plaintiff deadlines (April 13, 2026) and opportunities to join lawsuits—this amplifies headline volume and could increase litigation costs or settlement risk if consolidated. Rosen Law Firm notice

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.