Kyndryl Holdings, Inc. (KD)
| Market Cap | 6.18B |
| Revenue (ttm) | 16.05B |
| Net Income (ttm) | -340.00M |
| Shares Out | 230.51M |
| EPS (ttm) | -1.48 |
| PE Ratio | n/a |
| Forward PE | 108.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,406,388 |
| Open | 26.64 |
| Previous Close | 26.75 |
| Day's Range | 26.51 - 27.09 |
| 52-Week Range | 11.92 - 28.60 |
| Beta | 1.78 |
| Analysts | Buy |
| Price Target | 29.33 (+9.44%) |
| Earnings Date | Aug 5, 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, KD'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 3 analysts, the average rating for KD stock is "Buy." The 12-month stock price forecast is $29.33, which is an increase of 9.44% from the latest price.
News
Kyndryl Appoints New Chief Information Officer and Announces Key Practice Leadership Transitions
NEW YORK , July 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the appointment of a new Chief Information Officer (CIO) and leader...
This IT Stock Represents An 'Interesting Investment Opportunity'
Kyndryl Holdings Inc KD shares were climbing in early trading on Thursday, just days after the news of the company considering a joint bid for DXC Technology Co DXC.
Exclusive: Apollo, Kyndryl in bid for DXC Technology, sources say
Buyout firm Apollo Global and Kyndryl Holdings , the information technology services provider that was spun out of IBM , are in talks about a joint bid for DXC Technology , people familiar with the ma...
Kyndryl (KD) CFO on Revenue & Company Growth
Kyndryl (KD) is a technology services and I.T. infrastructure services provider.
Kyndryl Named a Newsweek Global Top 100 Most Loved Workplace for Second Year
Company Earns Top Honors in Various Global Employer Awards and Accolades NEW YORK , June 6, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has been n...
Kyndryl Introduces New Threat Insights Service for AWS
New service for Amazon Security Lake to provide businesses with enhanced security operations and management capabilities Collaboration extends Kyndryl's Cyber Resiliency portfolio NEW YORK , June 5, 2...
Kyndryl Named a Leader in IDC MarketScape Worldwide Microsoft Implementation Services, 2024
NEW YORK , May 31, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced it has been named a Leader in the IDC MarketScape: Worldwid...
Kyndryl Teams With NVIDIA to Accelerate Adoption of Generative AI-enabled Solutions
NEW YORK , May 20, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced a collaboration with NVIDIA to accelerate the development, ...
Kyndryl expands AI and generative AI services and skills to accelerate mainframe modernization
5,000+ Kyndryl mainframe professionals are training to speed deployment of AI-enabled workloads in hybrid cloud environments NEW YORK , May 16, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's lar...
KYNDRYL TO SPEAK AT THE J.P. MORGAN GLOBAL TMT CONFERENCE ON MAY 21
NEW YORK , May 14, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Sch...
Kyndryl acquires Seattle-based cloud migration company Skytap
New York-based IT infrastructure services giant Kyndryl announced Monday that it acquired Skytap, a Seattle-based company founded 17 years ago that sells cloud migration software.
Kyndryl Announces Portfolio Optimization Actions
Acquires privately held Skytap to accelerate hybrid cloud adoption and help customers modernize mission-critical infrastructure platforms Announces definitive agreement to sell its Securities Industr...
KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS
Revenues for the quarter ended March 31, 2024 total $3.8 billion, pretax loss is $4 million, net loss is $45 million, adjusted EBITDA is $566 million, and adjusted pretax income is $30 million Fiscal ...
Kyndryl and Rubrik Announce Global Strategic Alliance to Offer Cyber Incident Recovery
Partnership and Kyndryl services with Rubrik provide customers with data protection to enhance cyber resilience NEW YORK , May 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infras...
Kyndryl Bridge Drives Nearly $2 Billion in Annual Savings for Customers and Delivers Improved Mission-Critical IT Outcomes
The IT industry's first AI-powered open integration platform now has more than 1,200 onboarded customers and 190 service offerings, exceeding Company targets Kyndryl Bridge delivers more than 3 millio...
KYNDRYL TO RELEASE FOURTH QUARTER AND FULL-YEAR RESULTS ON MAY 7, 2024
Company will host earnings call on May 8, 2024 NEW YORK , April 29, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced tha...
Honda Motor Europe Ltd. renews and expands IT partnership with Kyndryl
Kyndryl to modernize and manage the mission-critical systems for Honda's logistics operations with Kyndryl Bridge BRUSSELS , April 23, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT i...
Kyndryl expands collaboration with EY to optimize mission-critical auditing and consulting operations
Kyndryl to help enhance SAP® processes and bolster EY's security through Kyndryl Consult NEW YORK , April 10, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services pr...
Kyndryl and Cloudflare Announce Global Strategic Alliance to Drive Enterprise Network Transformation, Multi-Cloud Innovation, and Zero Trust Security
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Cloudflare, Inc. (NYSE: NET), a leading connectivity cloud company, today an...
11 nonprofits receive Kyndryl Foundation grants to advance cybersecurity skills and resilience
Kyndryl Foundation's inaugural grants aim to grow an inclusive cybersecurity workforce and make nonprofits more resilient from cyberattacks NEW YORK , March 19, 2024 /PRNewswire/ -- Kyndryl Foundation...
Kyndryl and Stellantis Announce Expanded Partnership
NEW YORK , March 4, 2024 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced an expanded, multi-year agreement with Stellantis to manage and ope...
Kyndryl Named a Leader in IDC MarketScape for Worldwide Managed Public Cloud Services 2023
NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced it has been named a Leader in the IDC MarketScape: Worldwi...
Kyndryl Launches Unified SIM to Deliver Integrated Global Connectivity
Service will streamline connectivity between public and private 5G networks to provide enhanced, 24/7 connectivity for Industry 4.0 and enterprises NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Kyndryl (...
Kyndryl Announces Global Alliance and Private 5G Network Service Collaboration with Hewlett Packard Enterprise
Alliance will provide managed edge-to-cloud and networking services to help customers transform their IT and accelerate digital initiatives NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD),...
KYNDRYL TO SPEAK AT INVESTOR CONFERENCES HOSTED BY EVERCORE ISI AND MORGAN STANLEY
NEW YORK , Feb. 22, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin S...