Kyndryl Holdings, Inc. (KD)

NYSE: KD · Real-Time Price · USD
28.53
+0.49 (1.75%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.75%
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]

Sector Technology
Founded 2020
Employees 80,000
Stock Exchange NYSE
Ticker Symbol KD
Full Company Profile

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 Statements

Analyst 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.

Price Target
$30.25
(6.03% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days ago - PRNewsWire

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...

6 days ago - PRNewsWire

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...

6 days ago - PRNewsWire

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...

8 days ago - PRNewsWire

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....

8 days ago - PRNewsWire

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...

9 days ago - PRNewsWire

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...

9 days ago - PRNewsWire

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...

13 days ago - Seeking Alpha

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.

14 days ago - Reuters

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...

14 days ago - PRNewsWire

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 ...

20 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

Other symbols: AKAM
5 weeks ago - PRNewsWire

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.

Other symbols: JNJ
5 weeks ago - Investopedia

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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....

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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. ...

3 months ago - Yahoo Finance

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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.

4 months ago - Reuters

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire