Kennametal Inc. (KMT)

Kennametal Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Kennametal stock have an average target of 26.83, with a low estimate of 24 and a high estimate of 32. The average target predicts an increase of 9.15% from the current stock price of 24.58.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$24	$26.83	$26	$32
Change	-2.36%	+9.15%	+5.78%	+30.19%

Analyst Ratings

The average analyst rating for Kennametal stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	4
Sell	1	1	1	2	2	2
Strong Sell	1	1	1	1	0	0
Total	5	5	5	6	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Angel Castillo Morgan Stanley	Morgan Stanley	Hold Maintains $25 → $28	Hold	Maintains	$25 → $28	+13.91%	Dec 17, 2024
Stephen Volkmann Jefferies	Jefferies	Strong Buy → Hold Downgrades $40 → $32	Strong Buy → Hold	Downgrades	$40 → $32	+30.19%	Dec 6, 2024
Chris Dankert Loop Capital	Loop Capital	Hold Maintains $24 → $26	Hold	Maintains	$24 → $26	+5.78%	Nov 19, 2024
Ross Gilardi B of A Securities	B of A Securities	Hold → Sell Downgrades $26	Hold → Sell	Downgrades	$26	+5.78%	Oct 18, 2024
Chris Dankert Loop Capital	Loop Capital	Hold Maintains $22 → $24	Hold	Maintains	$22 → $24	-2.36%	Aug 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.05B

Increased by 0.30%

from 2.05B

Revenue Next Year

2.11B

Increased by 2.53%

from 2.05B

EPS This Year

1.46

Increased by 6.61%

from 1.37

EPS Next Year

1.66

Increased by 13.32%

from 1.46

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	1.89B	1.84B	2.01B	2.08B	2.05B	2.05B	2.11B	2.17B
Revenue Growth	-20.63%	-2.33%	9.29%	3.27%	-1.51%	0.30%	2.53%	2.95%
EPS	-0.07	0.65	1.72	1.46	1.37	1.46	1.66	1.86
EPS Growth	-	-	164.62%	-15.12%	-6.16%	6.61%	13.32%	12.63%
Forward PE	-	-	-	-	-	16.83	14.85	13.18
No. Analysts	-	-	-	-	-	10	10	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	2.2B	2.2B	2.3B
Avg	2.1B	2.1B	2.2B
Low	2.0B	2.0B	2.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	5.3%	8.6%	9.1%
Avg	0.3%	2.5%	2.9%
Low	-4.6%	-4.0%	-5.2%

EPS Forecast

EPS	2025	2026	2027
High	1.60	1.82	1.99
Avg	1.46	1.66	1.86
Low	1.34	1.45	1.69

EPS Growth

EPS Growth	2025	2026	2027
High	16.5%	24.4%	20.5%
Avg	6.6%	13.3%	12.6%
Low	-2.0%	-0.7%	1.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.