This summary was created by AI, based on 2 opinions in the last 12 months.
Kyndryl Holdings (KD-N) is seen as a top IT services company, modernizing mission-critical systems for major global companies and the Government of Canada. It has attracted significant early investors and is projected to experience substantial earnings growth in the coming years. The company's recent financial performance has shown improvement, with positive cash flows and earnings beating estimates. The stock has seen a significant increase year-to-date, and a recent $300M buyback announcement has further boosted investor confidence. Overall, KD-N is viewed as a high-growth, under-the-radar opportunity with a strong potential for long-term profitability.
KD has done well year-to-date, up nearly 60%. Revenues are still declining but its recent quarter had improved cash from operations and positive free cash flows. The company has also had positive adjusted EPS for two quarters now and beat estimates for the recent quarter. KD also authorized a $300M buyback yesterday which gave the stock a further bump. We are seeing some improvement here and while it is not a cheap turnaround opportunity at 20x forward earnings, this could be a decent time for interested investors to start stepping in.
Unlock Premium - Try 5i Free
Spun off from IBM and is well off its bottom. If it can profitable in coming years, this will be a winner.
Kyndryl Holdings is a American stock, trading under the symbol KD-N on the New York Stock Exchange (KD). It is usually referred to as NYSE:KD or KD-N
In the last year, 1 stock analyst published opinions about KD-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kyndryl Holdings .
Kyndryl Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for Kyndryl Holdings .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Kyndryl Holdings In the last year. It is a trending stock that is worth watching.
On 2025-01-10, Kyndryl Holdings (KD-N) stock closed at a price of $36.74.
IT services. Modernizes mission-critical systems for some of the world's companies such as MFC, BNS, SLF, BCE, MSFT, Government of Canada. Some really big investors got into the name early.
(Analysts’ price target is $38.40)Company says it's going into a very profitable period. He's modelling earnings growth of 116% from 2025-27, trades at 23x. Really nice growth and under the radar. Huge addressable market. An AI beneficiary. No dividend.
Its growth means you probably want to own it in a non-registered account.