Kyndryl Holdings, Inc. (KD)
| Market Cap | 4.77B |
| Revenue (ttm) | 16.82B |
| Net Income (ttm) | -1.13B |
| Shares Out | 229.40M |
| EPS (ttm) | -4.96 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,226,361 |
| Open | 20.95 |
| Previous Close | 21.12 |
| Day's Range | 20.78 - 21.25 |
| 52-Week Range | 10.90 - 21.26 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 22.00 (+5.87%) |
| Earnings Date | Feb 6, 2024 |
About KD
Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, communications, retail and travel, and automotive industries. The company was incorporated in 2020 and is headquartered in New York, New York. [Read more]
Financial Performance
In 2022, KD's revenue was $17.03 billion, a decrease of -8.74% compared to the previous year's $18.66 billion. Losses were -$1.37 billion, -40.36% less than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for KD stock is "Buy." The 12-month stock price forecast is $22.0, which is an increase of 5.87% from the latest price.
News
Kyndryl Named a Leader for Digital Workplace Services
NelsonHall's 2023 NEAT report recognized Kyndryl for Advanced Digital Workplace Services NEW YORK , Dec. 12, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services pro...
Kyndryl Collaborates with Microsoft and Finds Only 16% of Organizations Integrated Sustainability Into Their Strategies While Most View Technology as Key to Achieving Their Goals
80% of organizations surveyed see great significance in technology's role to achieve their goals with AI's predictive analytics offering significant business opportunity NEW YORK , Dec. 4, 2023 /PRNew...
Kyndryl Unveils Services to Help Customers Create and Deploy Traditional and Generative AI Applications in VMware Private AI Environments
NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has developed new services and capabilities for an extended VMw...
Kyndryl and Children's National Hospital Aim to Create a Modern Information Services Experience
NEW YORK , Nov. 15, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an agreement with Children's National Hospital (Children's Nationa...
David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings
David Einhorn's Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and instead plowed millions into gold in t...
Kyndryl CEO on Company Outlook, AI and ML
IT infrastructure provider Kyndryl celebrated the second anniversary of its spinout from IBM with better-than-expected financial results. Kyndryl CEO Martin Schroeter joins Caroline Hyde and Ed Ludlow...
KYNDRYL REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND RAISES ITS FULL-YEAR OUTLOOK
Strong execution on 'three-A's' strategy drives margin expansion Revenues for the quarter ended September 30, 2023 total $4.1 billion, pretax loss is $109 million, and net loss is $142 million Adjuste...
Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights
Combining Kyndryl's end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass. , Nov. 1, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's l...
Kyndryl Unveils Banking and Financial Industry Services for Google Cloud Customers
NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced the availability of new services for financial services or...
Kyndryl Introduces Experience Management as a Service to Help Customers Monitor, Measure and Achieve Business Outcomes
NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced availability of Kyndryl Experience Management as a Service, an end...
Kyndryl partners with Adtran to deliver secure, managed multi-cloud services
FRANKFURT, Germany--(BUSINESS WIRE)-- #5G--Adtran today announced that Kyndryl, a leading multinational information technology infrastructure services provider, is leveraging its Ensemble virtualizati...
KYNDRYL TO RELEASE QUARTERLY RESULTS ON NOVEMBER 7, 2023
Company will host earnings call on November 8, 2023 NEW YORK, Oct. 5, 2023 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced t...
Kyndryl Announces Strategic Global Alliance with Palo Alto Networks to Provide Industry Leading Network and Cybersecurity Services
Alliance will provide end-to-end network and cybersecurity services for joint enterprise customers Kyndryl releases a new SD-WAN service offering powered by Palo Alto Networks Prisma SD-WAN to enable ...
Expedient Announces Partnership with Kyndryl to Deliver Disaster Recovery as a Service
PITTSBURGH , Sept. 26, 2023 /PRNewswire/ -- Expedient, a Full-Stack Cloud Service Provider, today announced a partnership with Kyndryl (NYSE: KD), the world's largest IT infrastructure services provid...
Buy The World's Largest IT Infrastructure Provider For Under $20
Global IT infrastructure company Kyndryl Holdings NYSE: KD isn't quite a household name. However, it is the largest IT infrastructure provider on the planet.
Kyndryl Named to Newsweek's List of the Top 100 Most Loved Workplaces for 2023
Kyndryl Ranked Among 100 U.S. Companies Recognized for Outstanding Employee Sentiment and Satisfaction NEW YORK , Sept. 20, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructu...
Kyndryl Foundation Launches to Power Progress in Local Communities
Charitable foundation seeks to award grants to nonprofit organizations offering cybersecurity skilling and cyber resilience support NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the w...
Kyndryl Survey Reveals Mainframe Modernization is Driving More Than $12B Collective Cost Savings for Those Surveyed
Survey respondents rate security and mainframe skills as top priorities and crucial to the success of their transformation initiatives NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the...
Kyndryl Releases First Corporate Citizenship Report
NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today released its first Corporate Citizenship Report. The report provides details on the compan...
Kyndryl to Speak at the Citi Global Technology Conference on September 8
NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chief Financial Officer David Wyshner will speak at the Citi...
Kyndryl and Cisco Expand Partnership Focusing on Cyber Resilience
NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded technology partnership with Cisco to deliver services focused on cyb...
Kyndryl Becomes a VMware Cross-Cloud Managed Services Provider
NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has become a VMware Cross-Cloud Managed Services Provider. Kyndryl has achiev...
Care New England Taps Kyndryl to Help Improve Patient Care
NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Care New England, a nonprofit healthcare system in Rhode Island, today announced a collabora...
Kyndryl and Microsoft Collaborate to Speed the Evaluation and Adoption of Enterprise-Grade Generative AI for Business
NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, and Microsoft today announced a joint effort to enable the adoption of enterprise-grade ...
Beyond Meat stock skids as revenue slumps, Paramount Global shares rise, and other stocks on the move
Paramount Global shares PARA, +2.94% rose 4% as the media company's adjusted earnings beat expectations and as it agreed to sell Simon & Schuster for $1.6 billion to KKR.