Kyndryl Holdings, Inc. (KD)
| Market Cap | 4.65B |
| Revenue (ttm) | 16.46B |
| Net Income (ttm) | -1.03B |
| Shares Out | 230.10M |
| EPS (ttm) | -4.54 |
| PE Ratio | n/a |
| Forward PE | 68.92 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,295,432 |
| Open | 20.63 |
| Previous Close | 20.52 |
| Day's Range | 20.14 - 20.66 |
| 52-Week Range | 11.36 - 22.90 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 26.67 (+31.83%) |
| Earnings Date | May 14, 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, communications, 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 2022, KD's revenue was $17.03 billion, a decrease of -8.74% compared to the previous year's $18.66 billion. Losses were -$1.37 billion, -40.36% less than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for KD stock is "Buy." The 12-month stock price forecast is $26.67, which is an increase of 31.83% from the latest price.
News
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...
Kyndryl and Veeam Announce Global Strategic Alliance to Deliver Comprehensive Cyber Resiliency
Alliance provides customers with cyber resiliency services for improved business continuity, reduced costs and increased agility NEW YORK , Feb. 21, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world'...
Kyndryl Completes $500 Million Offering of Senior Notes, Its First Debt Issuance as an Independent Company
NEW YORK , Feb. 20, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced the completion of an offering of $500 million of 6...
Kyndryl Expands Partnership with Google Cloud to Deliver Enterprise-Ready Generative AI Solutions
Kyndryl's data expertise and end-to-end services combine with Google Cloud's AI technology to drive innovation NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infra...
Kyndryl teams up with Google Cloud on responsible generative AI
Kyndryl unveiled an extended collaboration with Google Cloud to spearhead the development of responsible generative AI solutions across industries.
KYNDRYL REPORTS THIRD QUARTER FISCAL 2024 RESULTS AND RAISES ITS FULL-YEAR OUTLOOK
Strong execution on 'three-A's' strategy drives earnings growth Revenues for the quarter ended December 31, 2023 total $3.9 billion, pretax income is $53 million, and net loss is $12 million Adjusted ...
Kyndryl Introduces New Security Edge Services with Cisco
NEW YORK , Jan. 25, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced two new security edge services developed jointly with Cisc...
Kyndryl Unveils Workflow Orchestration Services to Automate and Modernize Business Processes
NEW YORK , Jan. 18, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the availability of Kyndryl Workflow Orchestration services, a gen...
Kyndryl, Accenture, Wipro, Infosys stocks fly as tech demand rises
Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022.
KYNDRYL TO RELEASE QUARTERLY RESULTS ON FEBRUARY 6, 2024
Company will host earnings call on February 7, 2024 NEW YORK , Jan. 9, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced ...
Howard Ungerleider, Former President and CFO of Dow, Appointed Operating Advisor
NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Howard Ungerleider as an Operating Advisor to CD&R funds. Mr. Ungerleider wil...
Kyndryl Named a Leader for Digital Workplace Services
NelsonHall's 2023 NEAT report recognized Kyndryl for Advanced Digital Workplace Services NEW YORK , Dec. 12, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services pro...
Kyndryl Collaborates with Microsoft and Finds Only 16% of Organizations Integrated Sustainability Into Their Strategies While Most View Technology as Key to Achieving Their Goals
80% of organizations surveyed see great significance in technology's role to achieve their goals with AI's predictive analytics offering significant business opportunity NEW YORK , Dec. 4, 2023 /PRNew...
Kyndryl Unveils Services to Help Customers Create and Deploy Traditional and Generative AI Applications in VMware Private AI Environments
NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has developed new services and capabilities for an extended VMw...
Kyndryl and Children's National Hospital Aim to Create a Modern Information Services Experience
NEW YORK , Nov. 15, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an agreement with Children's National Hospital (Children's Nationa...
David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings
David Einhorn's Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and instead plowed millions into gold in t...
Kyndryl CEO on Company Outlook, AI and ML
IT infrastructure provider Kyndryl celebrated the second anniversary of its spinout from IBM with better-than-expected financial results. Kyndryl CEO Martin Schroeter joins Caroline Hyde and Ed Ludlow...