In a report released yesterday, Thanos Moschopoulos from BMO Capital maintained a Buy rating on Kinaxis Inc, with a price target of C$180.00.
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Thanos Moschopoulos has given his Buy rating due to a combination of factors, including Kinaxis’s accelerating annual recurring revenue and consistent outperformance versus market expectations. He highlights that recent quarterly results showed strong double‑digit growth in SaaS and total revenue, expanding margins, and record additions to ARR, all supported by notable wins with large global enterprises.
He also points to management’s guidance for 2026, which implies solid revenue and SaaS growth with healthy EBITDA margins, and is largely backed by an already robust backlog. In his view, Kinaxis’s competitive position, improved sales execution, and new agentic capabilities support sustained long‑term growth, justifying his maintained target price and reinforcing the Buy recommendation.
In another report released today, TipRanks – Google also upgraded the stock to a Buy with a C$154.00 price target.
KXS’s price has also changed moderately for the past six months – from C$190.800 to C$134.640, which is a -29.43% drop .