Group 1 - Kyndryl Holdings, Inc. (KD) shares have increased by 1.2% over the past four weeks, closing at $26.28, with a mean price target of $37.6 indicating a potential upside of 43.1% [1] - The mean estimate consists of five short-term price targets with a standard deviation of $10.78, where the lowest estimate is $28.00 (6.5% increase) and the highest is $55.00 (109.3% increase) [2] - Analysts have shown increasing optimism regarding KD's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which correlates with potential stock price movements [11] Group 2 - The Zacks Consensus Estimate for KD has increased by 0.2% due to one upward revision in earnings estimates over the last 30 days, with no negative revisions [12] - KD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [13] - While the consensus price target may not be a reliable indicator of the extent of KD's potential gains, it does provide a directional guide for price movement [14]
Wall Street Analysts Believe Kyndryl Holdings, Inc. (KD) Could Rally 43.07%: Here's is How to Trade