Kyndryl Holdings, Inc. (KD)
Market Cap | 6.63B |
Revenue (ttm) | 15.30B |
Net Income (ttm) | -89.00M |
Shares Out | 232.27M |
EPS (ttm) | -0.39 |
PE Ratio | n/a |
Forward PE | 17.37 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,525,759 |
Open | 28.12 |
Previous Close | 28.04 |
Day's Range | 27.78 - 28.69 |
52-Week Range | 17.64 - 28.93 |
Beta | 1.72 |
Analysts | Buy |
Price Target | 30.25 (+6.03%) |
Earnings Date | Nov 6, 2024 |
About KD
Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, technology, media and telecom, retail and travel, and automotive industries. The company was incorporated in 2020 and is headquartered in New York, New York. [Read more]
Financial Performance
In 2023, Kyndryl Holdings's revenue was $16.05 billion, a decrease of -5.72% compared to the previous year's $17.03 billion. Losses were -$340.00 million, -75.25% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for KD stock is "Buy." The 12-month stock price forecast is $30.25, which is an increase of 6.03% from the latest price.
News
Kyndryl and Microsoft unveil new services to advance cyber resilience for customers
New Kyndryl services, co-developed with Microsoft, provide augmented security operations and fortify Kyndryl's cyber resilience framework NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), t...
Kyndryl and Microsoft collaborate to accelerate customers' cloud modernization
Microsoft selects Kyndryl to drive customers' transformation to RISE with SAP® NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, to...
Kyndryl and Microsoft unveil new application modernization services and generative AI capabilities for mainframe customers adopting Microsoft Cloud
End-to-end services help drive innovation and gain more value from mainframe applications and data NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure se...
Kyndryl Unveils Dedicated AI Private Cloud in Japan to Accelerate Customer Deployment of AI Services
Kyndryl AI private cloud supports customer testing and adoption using the Dell AI Factory with NVIDIA Private AI cloud is also available to Japanese academic institutions for AI research and innovatio...
KYNDRYL WILL HOST INVESTOR DAY ON NOVEMBER 21, 2024
NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, will host an Investor Day event on Thursday, November 21 at 9:00 a....
Kyndryl and Microsoft Study: Only 21% of Organizations Globally Recognize Technology's Role in Advancing Their Broader Sustainability Goals
Data and AI are becoming powerful catalysts for driving action and predicting future risks NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services p...
BCP Invests More Than $650M to Modernize its IT Infrastructure with Microsoft and Kyndryl
Kyndryl to help enhance BCP's digital customer experience with hybrid cloud on Azure and help to maintain world-class levels of cybersecurity One of the largest technology investments in Latin America...
Kyndryl Holdings Inc (KD) Q2 2025 Earnings Call Transcript
Kyndryl Holdings Inc (NYSE:KD) Q2 2025 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman & CEO Dav...
Kyndryl beats second-quarter revenue estimates on consulting strength
IT services provider Kyndryl narrowly beat estimates for second-quarter revenue on Wednesday as businesses adopting generative AI technology turned to its consulting services.
KYNDRYL REPORTS SECOND QUARTER FISCAL 2025 RESULTS
Revenues for the quarter ended September 30, 2024 total $3.8 billion, pretax loss is $5 million, and net loss is $43 million Adjusted EBITDA is $557 million, adjusted pretax income is $45 million, and...
Kyndryl Completes Sale of its Securities Industry Services Platform in Canada
NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced that it has completed the previously announced sale of its ...
Kyndryl Readiness Report: 90% Confident in IT, but 39% Say It's Future-Ready
Inaugural global study, with exclusive data from AI-powered Kyndryl Bridge, shows how executives rank risks, prioritize investments, and balance technology and talent Security and regulations top list...
Akamai and Kyndryl Collaborate to Offer Zero Trust Segmentation Services
New service can help customers accelerate Zero Trust implementations CAMBRIDGE, Mass. , Oct. 15, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and prot...
What You Need to Know Ahead of Johnson & Johnson's Earnings
Johnson & Johnson (JNJ) reports earnings Tuesday morning for the third quarter, with analysts expecting the company's revenue and profit to rise year-on-year.
KYNDRYL TO RELEASE QUARTERLY RESULTS ON NOVEMBER 6, 2024
Company will host earnings call on November 7, 2024 and Investor Day on November 21, 2024 NEW YORK , Oct. 7, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructu...
Kyndryl Launches Services to Speed Adoption of AI-Powered Workplace Solutions for Copilot for Microsoft 365
NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled an expanded portfolio of services around Copilot for Microsoft 365 t...
Kyndryl Releases its Fiscal Year 2024 Corporate Citizenship Report
NEW YORK , Sept. 27, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today released its fiscal year 2024 Corporate Citizenship Report.
Kyndryl survey reveals 86% of enterprises are moving fast to adopt AI to accelerate mainframe modernization
Respondents also report up to 225% return on investment on their mainframe transformation initiatives in one year Mainframes continue to play a critical role in hybrid IT environments NEW YORK , Sept....
Kyndryl: Strong Consultancy Business To Help Drive Gen AI Adoption (Rating Upgrade)
Kyndryl Consult faces strong competition from established IT consulting firms like Accenture, IBM Global Services, and Cognizant to name a few without forgetting the disruptive nature of Gen AI. Kyndr...
Kyndryl is building cyber resiliency in AI boom, CEO explains
Building safeguards in tech has become a focal point since a CrowdStrike (CRWD) update in July caused worldwide outages across several sectors, even knocking out global operations for major airlines. ...
Nerdio Announces Collaboration with Kyndryl to Bolster IT Modernization for Global Enterprises
CHICAGO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Nerdio , a premier solution for organizations of all sizes looking to manage and cost-optimize native Microsoft cloud technologies, today announced it is par...
Kyndryl Holdings, Inc. (KD) Q1 2025 Earnings Call Transcript
Kyndryl Holdings, Inc. (NYSE:KD) Q1 2025 Results Conference Call August 1, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman and CEO D...
Kyndryl records first quarterly profit as consulting strengthens
IT services provider Kyndryl Holdings recorded its first quarterly profit since its spin-off in 2021, helped by growth in its consulting segment and a shift to higher-margin deals.
KYNDRYL REPORTS FIRST QUARTER FISCAL 2025 RESULTS
Revenues for the quarter ended June 30, 2024 total $3.74 billion, pretax income is $64 million, and net income is $11 million Adjusted EBITDA is $556 million, adjusted pretax income is $92 million, an...
Kyndryl Selects RISE with SAP and Expands Alliance to Simplify Customers' Cloud Transformations
New Kyndryl services to drive modernization for customers moving to RISE with SAP NEW YORK , July 23, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider...