Kyndryl (NYSE:KD) Given Market Perform Rating at Oppenheimer

Kyndryl (NYSE:KD)‘s stock had its “market perform” rating reissued by investment analysts at Oppenheimer in a note issued to investors on Monday, Marketbeat Ratings reports.

Other analysts also recently issued research reports about the stock. Guggenheim lowered their target price on shares of Kyndryl from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. Scotiabank started coverage on Kyndryl in a research report on Tuesday, January 27th. They set an “outperform” rating on the stock. Zacks Research upgraded Kyndryl from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. JPMorgan Chase & Co. downgraded shares of Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 price objective on the stock. in a report on Monday. Finally, Susquehanna set a $35.00 target price on shares of Kyndryl in a report on Thursday, November 6th. 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, the stock has an average rating of “Hold” and a consensus price target of $32.80.

Kyndryl Stock Performance

Kyndryl stock traded down $12.67 during mid-day trading on Monday, hitting $10.83. The company had a trading volume of 22,710,296 shares, compared to its average volume of 3,132,196. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 6.38 and a beta of 1.84. Kyndryl has a 12-month low of $10.11 and a 12-month high of $44.20. The company’s fifty day moving average is $25.83 and its 200-day moving average is $28.48. 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 (NYSE:KD) last announced its quarterly 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). Kyndryl had a net margin of 2.71% and a return on equity of 25.76%. The business had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. Kyndryl’s revenue for the quarter was up .6% on a year-over-year basis. Equities research analysts predict that Kyndryl will post 0.73 EPS for the current year.

Insider Transactions at Kyndryl

In related news, SVP Vineet Khurana sold 6,641 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 59,708 shares in the company, valued at $1,593,606.52. This represents a 10.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.90% of the stock is owned by company insiders.

Institutional Trading of Kyndryl

Hedge funds have recently modified their holdings of the company. Assetmark Inc. raised its stake 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 bought a new stake in Kyndryl during the second quarter worth about $49,000. Smartleaf Asset Management LLC raised its stake in shares of Kyndryl by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,171 shares of the company’s stock valued at $35,000 after acquiring an additional 770 shares during the last quarter. NBT Bank N A NY boosted its holdings in shares of Kyndryl by 3,220.0% in the 4th quarter. NBT Bank N A NY now owns 1,328 shares of the company’s stock worth $35,000 after acquiring an additional 1,288 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new stake in Kyndryl during the 3rd quarter valued at $40,000. Institutional investors own 71.53% of the company’s stock.

Trending Headlines about Kyndryl

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl reported adjusted EBITDA of $696M and highlighted double‑digit revenue growth in its Kyndryl Consult business, showing pockets of profitable growth and healthy alliance momentum. KYNDRYL REPORTS THIRD QUARTER FISCAL 2026 RESULTS
• Neutral Sentiment: Top‑line was essentially flat: revenue of $3.86–$3.9B (up ~0.6% year‑over‑year), which reduces the risk of a sharp downshift in demand but is not strong enough to offset other negatives. Press Release / Slide Deck
• Negative Sentiment: Earnings missed consensus — KD reported $0.52 EPS vs. ~$0.60 expected, missing estimates and undercutting near‑term investor expectations for profitability. Zacks: KD Lags Q3 Earnings
• Negative Sentiment: Management cut FY‑2026 revenue guidance to roughly $14.6–$14.8B versus a ~$15.6B consensus, signaling lower growth ahead and raising downside risk to estimates. (Company guidance released with results.)
• Negative Sentiment: Kyndryl filed a Form 12b‑25 to delay its 10‑Q, disclosing it expects material weaknesses in internal control over financial reporting for multiple periods — a major governance and audit red flag that increases regulatory and restatement risk. Reuters: Kyndryl delays quarterly filing
• Negative Sentiment: Chief Financial Officer David Wyshner has left amid the accounting review, adding short‑term leadership uncertainty in finance during a control investigation. WSJ: CFO Leaves

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.