Kinetik Holdings Inc. (KNTK)
NYSE: KNTK · IEX Real-Time Price · USD
42.95
+1.28 (3.07%)
At close: Jul 2, 2024, 4:00 PM
43.28
+0.33 (0.77%)
After-hours: Jul 2, 2024, 7:07 PM EDT
Kinetik Holdings Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Kinetik Holdings stock have an average target of 41.1, with a low estimate of 35 and a high estimate of 48. The average target predicts a decrease of -4.31% from the current stock price of 42.95.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for KNTK stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $42 → $48 | Buy | Maintains | $42 → $48 | +11.76% | Jul 2, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $37 → $40 | Hold | Maintains | $37 → $40 | -6.87% | May 14, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $38 → $42 | Buy | Maintains | $38 → $42 | -2.21% | May 10, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $39 → $42 | Strong Buy | Maintains | $39 → $42 | -2.21% | Apr 23, 2024 |
| Barclays | Barclays | Hold Initiates $40 | Hold | Initiates | $40 | -6.87% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
1.38B
from 1.26B
Increased by 9.84%
Revenue Next Year
1.89B
from 1.38B
Increased by 36.96%
EPS This Year
1.72
from 2.52
Decreased by -31.62%
EPS Next Year
2.49
from 1.72
Increased by 44.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.8B | 2.7B | 2.6B | 2.6B | 2.6B |
| Avg | 1.4B | 1.9B | 2.0B | 2.5B | 2.5B |
| Low | 902.3M | 1.1B | 1.5B | 2.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.6% | 96.5% | 37.3% | 27.5% | 2.5% |
| Avg | 9.8% | 37.0% | 6.8% | 23.8% | -0.4% |
| Low | -28.2% | -22.5% | -22.9% | 19.0% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.33 | 3.71 | 3.72 | 1.27 | 1.28 |
| Avg | 1.72 | 2.49 | 2.64 | 1.23 | 1.24 |
| Low | 0.76 | 1.25 | 1.23 | 1.19 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.3% | 115.3% | 49.8% | -52.0% | 3.8% |
| Avg | -31.6% | 44.3% | 6.4% | -53.3% | 0.8% |
| Low | -69.7% | -27.2% | -50.7% | -55.2% | -3.1% |
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.