Kinetik Holdings Inc. (KNTK)
NYSE: KNTK · IEX Real-Time Price · USD
38.17
-0.16 (-0.42%)
Apr 16, 2024, 2:47 PM EDT - Market open
Kinetik Holdings Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Kinetik Holdings stock have an average target of 39.33, with a low estimate of 35 and a high estimate of 43. The average target predicts an increase of 3.04% from the current stock price of 38.17.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 3 | 3 |
| Hold | 6 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Initiates $40 | Buy | Initiates | $40 | +4.79% | Mar 25, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $38 → $40 | Hold → Buy | Upgrades | $38 → $40 | +4.79% | Mar 8, 2024 |
| Citigroup | Citigroup | Hold Initiates $35 | Hold | Initiates | $35 | -8.30% | Dec 19, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $39 | Strong Buy | Initiates | $39 | +2.17% | Oct 6, 2023 |
| Pickering Energy Partners | Pickering Energy Partners | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Oct 3, 2023 |
Financial Forecast
Revenue This Year
1.33B
from 1.26B
Increased by 6.18%
Revenue Next Year
1.57B
from 1.33B
Increased by 17.69%
EPS This Year
1.93
from 2.52
Decreased by -23.38%
EPS Next Year
2.31
from 1.93
Increased by 19.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 2.4B | 2.2B |
| Avg | 1.3B | 1.6B | 1.6B |
| Low | 852.4M | 904.4M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.8% | 82.1% | 40.3% |
| Avg | 6.2% | 17.7% | 1.5% |
| Low | -32.2% | -32.2% | -32.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.20 | 3.51 | 3.68 |
| Avg | 1.93 | 2.31 | 2.47 |
| Low | 0.98 | 1.53 | 1.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.1% | 81.7% | 59.3% |
| Avg | -23.4% | 19.6% | 7.0% |
| Low | -61.1% | -20.8% | -26.6% |
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.