Oppenheimer raised the firm’s price target on Kyndryl Holdings to $47 from $43 and keeps an Outperform rating on the shares. Roughly 3.5 years after the IBM (IBM) separation, Kyndryl’s (KD) business has started to inflect palpably, the firm says. Revenue growth turned positive in Q4 2025 for the first time since the spin. This growth should accelerate over the next several years, as legacy contracts renew/sunset and the company continues to execute on its growth initiatives, Oppenheimer adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KD:
- Kyndryl Holdings announces operational leadership rotation
- Kyndryl Holdings Reports Strong Fiscal 2025 Results
- Kyndryl Holdings Inc. Reports Robust Earnings Growth
- Kyndryl Holdings: Strong Financial Health and Attractive Valuation Justify Buy Rating
- Kyndryl Holdings reports Q4 EPS 28c, consensus 51c