Kyndryl Holdings, Inc. (KD)

NYSE: KD · IEX Real-Time Price · USD
10.60
-0.35 (-3.20%)
At close: Dec 7, 2022 4:00 PM
11.07
+0.47 (4.43%)
After-hours: Dec 7, 2022 7:07 PM EST
-3.2%
Market Cap 2.48B
Revenue (ttm) 17.45B
Net Income (ttm) -1.51B
Shares Out 226.80M
EPS (ttm) -9.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,422,164
Open 10.9
Previous Close 10.95
Day's Range 10.59 - 10.98
52-Week Range 7.93 - 19.63
Beta n/a
Analysts Sell
Price Target 12.24 (+15.5%)
Earnings Date Nov 2, 2022

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 cloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, telecommunications, retail, automobile, and transportation industries. The company was incorporated in 2020 and is headquartered in New York, New York. [Read more]

Industry Information Technology Services
Founded 2020
Employees 90,000
Stock Exchange NYSE
Ticker Symbol KD
Full Company Profile

Financial Performance

In 2021, KD's revenue was $18.66 billion, a decrease of -3.59% compared to the previous year's $19.35 billion. Losses were -$2.32 billion, 15.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for KD stock is "Sell." The 12-month stock price forecast is 12.24, which is an increase of 15.47% from the latest price.

Price Target
$12.24
(15.47% upside)
Analyst Consensus: Sell
Stock Forecasts

News

5 Stocks Gurus and Insiders Are Building Positions In

According to the Double Buys Screener, a Premium feature of GuruFocus, five stocks with high guru and insider buys over the past few months include Intel Corp. ( INTC , Financial), Neogen Corp. ( NEOG ,...

Other symbols: AVTRINTCMACNEOG
1 day ago - GuruFocus

Kyndryl to Speak at the UBS Global TMT Conference on December 5

NEW YORK--( BUSINESS WIRE )--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Schroeter and Ch...

1 week ago - Business Wire

MedStar Health Taps Kyndryl to Transform its IT Organization

NEW YORK--( BUSINESS WIRE )--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and MedStar Health today announced a five-year deal under which Kyndryl will provide mission cri...

2 weeks ago - Business Wire

Kyndryl Reports Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended September 30, 2022, the secon...

1 month ago - Business Wire

Kyndryl Expands Technology Strategy and Integration Services to Enable Customers' Digital Transformation

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced Kyndryl Consult, which combines Kyndryl's longstanding consulting expertise with i...

1 month ago - Business Wire

Kyndryl, Microsoft and Dell Technologies Unveil Solution to Advance Customers' Cloud Transformation

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, Microsoft Corporation and Dell Technologies today introduced an integrated hybrid cloud solution d...

1 month ago - Business Wire

Kyndryl to Release Quarterly Results on November 2, 2022

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended September 30, 20...

1 month ago - Business Wire

Kyndryl and Microsoft Announce Initiative to Deliver Cloud-based Insights and Innovation for Mainframe Customers

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Microsoft today announced plans to expand the reach and impact of their global strategic partn...

2 months ago - Business Wire

Kyndryl and Teradata Partner to Help Global Customers Use Artificial Intelligence and Data Modernization to Transform...

NEW YORK & SAN DIEGO--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Teradata (NYSE: TDC), the connected multi-cloud data platform for enterprise analy...

Other symbols: TDC
2 months ago - Business Wire

Kyndryl and Citrix Announce Global Alliance to Help Customers Accelerate Adoption of Digital Workplace Virtualization...

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a global alliance with Citrix (NYSE: CTXS) to help businesses improve workplace co...

Other symbols: CTXS
2 months ago - Business Wire

Kyndryl Launches Co-Creation Experience to Help Customers Unlock Innovative Solutions

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the launch of Kyndryl Vital, a designer-led, open and collaborative co-creation ex...

2 months ago - Business Wire

Kyndryl and Elastic Announce Expanded Partnership to Enable Data Observability, Search and Insights Across Cloud and ...

NEW YORK & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Elastic (NYSE: ESTC), the company behind Elasticsearch, today announce...

Other symbols: ESTC
2 months ago - Business Wire

Kyndryl Holdings, Inc. Announces Extension of Expiration Date for Exchange Offers

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD) today announced that it has extended the expiration date for each of its offers to exchange any and all of its outstanding unregistered senio...

2 months ago - Business Wire

Kyndryl Introduces New Platform, Kyndryl Bridge, to Orchestrate IT Estates and Drive Business Growth

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a new open integration platform giving business leaders real-time insights into th...

2 months ago - Business Wire

Québec Running Events Corporation Partners with Kyndryl for the Beneva Québec City Marathon

QUÉBEC CITY--(BUSINESS WIRE)--Today, event producer Gestev announced a new major partnership between Québec Running Events Corporation and Kyndryl (NYSE: KD), the world's largest IT infrastructure servi...

2 months ago - Business Wire

Kyndryl Achieves Cisco Global Gold Integrator Certification

One of only six companies worldwide to reach this select status NEW YORK , Sept. 1, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that...

3 months ago - PRNewsWire

KYNDRYL TO SPEAK AT THE EVERCORE ISI TECHNOLOGY CONFERENCE ON SEPTEMBER 8

NEW YORK , Aug. 31, 2022 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chief Financial Officer David Wyshner will speak...

3 months ago - PRNewsWire

Laurentian Bank enters next chapter in cloud transformation journey with support from Kyndryl

MONTRÉAL, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Laurentian Bank of Canada (TSX: LB) (the “Bank”) and Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the availabi...

3 months ago - GlobeNewsWire

Kyndryl Scores Highest in Legacy Data Center Outsourcing (DCO) Deals Use Case in 2022 Gartner® Critical Capabilities ...

NEW YORK , Aug. 24, 2022 /PRNewswire/ -- Kyndryl today announced that it was recognized by Gartner in two recently published reports on data center outsourcing and hybrid infrastructure managed services...

3 months ago - PRNewsWire

EY announces alliance with Kyndryl to help organizations advance and accelerate their digital transformation journeys

Combines Kyndryl IT services expertise with strategy, business and technology consulting capabilities of EY US Helps clients navigate complex digital transformations from design, implementation to ongoi...

3 months ago - PRNewsWire

Kyndryl and Five9 Announce Partnership to Offer Personalized, Cloud-Enabled Contact Center Experience to Customers

NEW YORK , Aug. 10, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a global partnership and expanded relationship with Five9 (NASDAQ: F...

Other symbols: FIVN
3 months ago - PRNewsWire

KYNDRYL REPORTS FIRST QUARTER FISCAL YEAR 2023 RESULTS

Revenues for the quarter ended June 30, 2022 total $4.3 billion, net loss is $250 million, pretax loss is $205 million and adjusted pretax loss is $50 million   Continued progress on Alliances, Advanced...

4 months ago - PRNewsWire

Kyndryl Announces Recovery Retainer Service to Restore Customers' Ability to Operate After Cyber Attacks

NEW YORK , July 25, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a new retainer service to help customers recover from a disruptive c...

4 months ago - PRNewsWire

Kyndryl to Modernize IT Infrastructure for American Honda Motor Company

NEW YORK , July 14, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a multi-year agreement with American Honda Motor Company, Inc. (AHM)...

Other symbols: HMC
4 months ago - PRNewsWire

KYNDRYL TO RELEASE QUARTERLY RESULTS ON AUGUST 3, 2022

Company will host earnings call on August 4, 2022 NEW YORK , July 5, 2022 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that...

5 months ago - PRNewsWire