Kyndryl Holdings (KD) stock price increases by 1.69%, analysts predict significant growth

From Nasdaq: 2024-12-24 18:00:17

Kyndryl Holdings, Inc. (KD) saw a 1.69% increase in stock price to $34.99, outperforming the S&P 500. Analysts predict an EPS of $0.41 and revenue of $3.82 billion for the upcoming earnings release, indicating significant growth. With a Zacks Rank of #3 (Hold), the company is closely monitored for potential stock performance.

In terms of valuation, Kyndryl Holdings, Inc. is trading at a premium with a Forward P/E ratio of 28.3 and a PEG ratio of 5.66. The Technology Services industry, part of the Business Services sector, has an average PEG ratio of 1.48. The industry’s Zacks Industry Rank of 58 places it in the top 24% of all industries, indicating strong performance potential.

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