Oppenheimer reaffirmed their market perform rating on shares of Kyndryl (NYSE:KD – Free Report) in a research report released on Monday morning, MarketBeat.com reports.
A number of other research firms have also commented on KD. Zacks Research raised shares of Kyndryl from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Scotiabank initiated coverage on shares of Kyndryl in a research note on Tuesday, January 27th. They set an “outperform” rating on the stock. Guggenheim decreased their target price on Kyndryl from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Susquehanna set a $35.00 price target on Kyndryl in a research report on Thursday, November 6th. Finally, JPMorgan Chase & Co. cut Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 target price on the stock. in a research note on Monday. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Kyndryl has an average rating of “Hold” and an average price target of $32.80.
Check Out Our Latest Stock Analysis on Kyndryl
Kyndryl Trading Down 55.0%
Insider Transactions at Kyndryl
In other Kyndryl news, SVP Vineet Khurana sold 6,641 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were 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 of the company’s stock, valued at $1,593,606.52. The trade was a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On Kyndryl
A number of large investors have recently bought and sold shares of the business. Assetmark Inc. lifted 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 during the last quarter. Employees Retirement System of Texas bought a new stake in Kyndryl during the second quarter worth approximately $49,000. Smartleaf Asset Management LLC grew its holdings in Kyndryl by 192.0% during the third 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 during the last quarter. NBT Bank N A NY raised its position in shares of Kyndryl by 3,220.0% in the fourth 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 during the period. Finally, Optiver Holding B.V. acquired a new stake in shares of Kyndryl in the third quarter worth $40,000. 71.53% of the stock is currently owned by institutional investors.
Kyndryl News Summary
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.
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