Kennametal Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Kennametal stock has a consensus rating of "Sell" and an average price target of $37.19. The average 1-year stock price forecast is 2.40% higher than the current stock price, while the lowest is $33 (-9.14%) and the highest is $47.5 (+30.78%).

Price Target: $37.19 (+2.40%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$33	$37.19	$35	$47.5
Change	-9.14%	+2.40%	-3.63%	+30.78%

Analyst Ratings

The average analyst rating for Kennametal stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	1	0	0
Buy	0	0	0	0	0	0
Hold	5	5	4	4	4	5
Sell	2	2	2	2	3	3
Strong Sell	1	1	1	1	1	1
Total	9	9	8	8	8	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Dankert D.A. Davidson	D.A. Davidson	Hold Initiates $34	Hold	Initiates	$34	-6.39%	Jun 15, 2026
Julian Mitchell Barclays	Barclays	Sell Downgrades $40 → $33	Sell	Downgrades	$40 → $33	-9.14%	May 27, 2026
Steven Fisher UBS	UBS	Hold Maintains $39	Hold	Maintains	$39	+7.38%	May 22, 2026
Angel Castillo Morgan Stanley	Morgan Stanley	Hold Maintains $36	Hold	Maintains	$36	-0.88%	May 13, 2026
Michael Feniger Bank of America Securities	Bank of America Securities	Sell Reiterates $29 → $34	Sell	Reiterates	$29 → $34	-6.39%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.35B

from 1.97B

19.25%

from 1.97B

Revenue Next Year

2.70B

from 2.35B

15.32%

from 2.35B

EPS This Year

3.91

from 1.34

192.11%

from 1.34

EPS Next Year

3.85

from 3.91

-1.75%

from 3.91

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	1.84B	2.01B	2.08B	2.05B	1.97B	2.35B
Revenue Growth	-2.33%	9.29%	3.27%	-1.51%	-3.91%	19.25%
Gross Profit	563.78M	653.48M	646.44M	627.09M	599.37M	924.24M
Gross Margin	30.62%	32.47%	31.11%	30.64%	30.47%	39.40%
Operating Income	156.23M	239.44M	199.12M	185.28M	156.65M	425.38M
Net Income	54.43M	144.62M	118.46M	109.32M	93.13M	297.37M
EPS	-	-	-	-	1.34	3.91
EPS Growth	-	-	-	-	-10.67%	192.11%
Forward PE	22.25	12.17	15.42	15.67	16.99	9.28
Dividend / Share	0.80	0.80	0.80	0.80	0.80	0.80
Dividend Growth	-	-	-	-	-	-0.50%
Free Cash Flow	106.35M	138.10M	159.12M	176.78M	135.20M	-43.00M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.4B
Avg	2.3B
Low	2.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	20.6%
Avg	19.3%
Low	18.4%

EPS Forecast

EPS	2026	2027	2028
High	4.03
Avg	3.91
Low	3.80

EPS Growth

EPS Growth	2026	2027	2028
High	200.8%
Avg	192.1%
Low	183.6%