The latest trading day saw Kyndryl Holdings, Inc. (KD) settling at $11.61, representing a -5.76% change from its previous close.
In the most recent trading session, Kyndryl Holdings, Inc. (KD) closed at $11.97, indicating a -3.39% shift from the previous trading day.
Kyndryl is upgraded to a buy with a $13 price target, offering a projected 19% upside. KD's transformation aims for 80% of revenue from higher-margin post-spin signings by FY 2027, with Q4 progress supporting this thesis. Profitability and cash generation are improving, with FY 2026 adjusted EBITDA up 6% YoY and operating cash flow at $950 million.
| IT Services Industry | Information Technology Sector | Martin J. Schroeter CEO | XDUS 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: