NEW YORK, July 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the appointment of a new Chief Information Officer (CIO) and leadership changes in two of its major practices, Applications, Data and AI and Cloud. Kim Basile has been named Kyndryl's new CIO, succeeding Michael Bradshaw, who is assuming leadership of the company's Applications, Data and AI practice. Additionally, Nicolas Sekkaki has been named the Practice Leader for Kyndryl's ...

The latest trading session saw Kyndryl Holdings, Inc. (KD) ending at $25.54, denoting a +0.27% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.09%. On the other hand, the Dow registered a loss of 0.1%, and the technology-centric Nasdaq increased by 0.16%. The company's shares have seen a decrease of 6.91% over the last month, not keeping up with the Business Services sector's gain of 1.04% and the S&P 500's gain of 2.83%. Analysts and investors al ...

Prior to today's trading, shares of the company had lost 8.98% over the past month. This has lagged the Business Services sector's loss of 0.98% and the S&P 500's gain of 3.34% in that time. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Industry Rank is ordered from ...

Coming into today, shares of the company had lost 7.99% in the past month. In that same time, the Business Services sector lost 0.77%, while the S&P 500 gained 3.71%. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.20 per share and revenue of $15.4 billion, which would represent changes of +1190.91% and -4.09%, respectively, from the prior year. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have cr ...

Company Earns Top Honors in Various Global Employer Awards and Accolades NEW YORK, June 6, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has been named one of Newsweek's Top 100 Global Most Loved Workplaces® for the second consecutive year. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them. K ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Kyndryl Holdings, Inc. (KD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Kyndryl Holdings, Inc. currently has an average b ...

About Kyndryl New service for Amazon Security Lake to provide businesses with enhanced security operations and management capabilities Collaboration extends Kyndryl's Cyber Resiliency portfolio NEW YORK, June 5, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the Kyndryl Threat Insights Managed Service is available using Amazon Security Lake. The service automatically centralizes an organization's security data from across their Amazon Web Se ...

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of v ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K Table of Contents (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________________ to _______________________ 001-40853 (Commission file number) Kyndryl Holdings, Inc. (Exact name of registrant as specified in ...

Kyndryl Holdings, Inc. (KD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...