The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Kyndryl Holdings, Inc. (KD) concluded the recent trading session at $27.47, signifying a +2.42% move from its prior day's close.
Kyndryl Holdings (KD) remains a Buy despite a 19% stock drop, as the company is executing a margin-focused turnaround and is undervalued. KD's Q2 revenue fell 1% YoY due to deliberate pruning of low-margin contracts, but margins and profitability improved significantly, validating management's strategy. A revenue rebound is expected in the second half of FY26, with Q3 guidance targeting 2-3% YoY growth and EBITDA margin above 18%.
| IT Services Industry | Information Technology Sector | Martin J. Schroeter CEO | XBER Exchange | US50155Q1004 ISIN |
| US Country | 80,000 Employees | - Last Dividend | - Last Split | 22 Oct 2021 IPO Date |
Kyndryl Holdings, Inc. is a global leader in providing cutting-edge technology services and IT infrastructure solutions. Incorporated in 2020 and headquartered in New York, New York, the company has quickly established itself as a pivotal player in the technology services industry. Kyndryl offers a comprehensive range of services aimed at empowering businesses across various sectors such as financial services, communications, retail, travel, and automotive industries. With a strong focus on innovation and client satisfaction, Kyndryl is dedicated to helping organizations navigate their digital transformation journeys, ensuring they stay ahead in a rapidly evolving technological landscape.
Kyndryl Holdings, Inc. provides a diverse portfolio of technology services designed to meet the multifaceted needs of its clients, including: