Oppenheimer Reiterates “Market Perform” Rating for Kyndryl (NYSE:KD)

Kyndryl (NYSE:KD)‘s stock had its “market perform” rating reiterated by equities research analysts at Oppenheimer in a report issued on Monday, MarketBeat reports.

A number of other analysts have also commented on the company. JPMorgan Chase & Co. lowered 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. Zacks Research raised shares of Kyndryl from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 12th. Guggenheim reduced their price objective on shares of Kyndryl from $30.00 to $28.00 and set a “buy” rating on the stock 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 initiated coverage on Kyndryl in a research note 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $32.80.

Kyndryl Stock Down 53.9%

Shares of NYSE KD traded down $12.67 during mid-day trading on Monday, reaching $10.83. 22,710,296 shares of the company’s stock were exchanged, compared to its average volume of 3,132,196. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.24. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 6.38 and a beta of 1.84. The business has a fifty day simple moving average of $25.83 and a 200 day simple moving average of $28.48. Kyndryl has a twelve month low of $10.11 and a twelve month high of $44.20.

Kyndryl (NYSE:KD) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.08). The company 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 25.76% and a net margin of 2.71%.The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the company earned $0.51 EPS. As a group, equities analysts expect that Kyndryl will post 0.73 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Vineet Khurana sold 6,641 shares of Kyndryl stock in a transaction on Friday, December 5th. The stock was sold at an average price of $26.69, for a total transaction of $177,248.29. Following the sale, the senior vice president directly owned 59,708 shares in the company, valued at $1,593,606.52. The trade was a 10.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Kyndryl

Several hedge funds have recently added to or reduced their stakes in the stock. Assetmark Inc. lifted its stake in Kyndryl by 75.3% in the second quarter. Assetmark Inc. now owns 775 shares of the company’s stock valued at $33,000 after purchasing an additional 333 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Kyndryl by 11.2% during the 2nd quarter. Bessemer Group Inc. now owns 3,476 shares of the company’s stock worth $145,000 after acquiring an additional 351 shares during the period. Coldstream Capital Management Inc. increased its holdings 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 lifted its holdings in Kyndryl by 4.1% during the second quarter. ProShare Advisors LLC now owns 10,316 shares of the company’s stock valued at $433,000 after purchasing an additional 402 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in Kyndryl by 0.5% during the third 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 period. 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.