Kyndryl (KD)
Provides advisory, implementation, and managed services for mission-critical enterprise technology.
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Provides advisory, implementation, and managed services for mission-critical enterprise technology. Formed from IBM's infrastructure-services operation, it pairs infrastructure modernization with hybrid-cloud capabilities and alliances organized around customer modernization.
Advisory, implementation, and managed services support mission-critical enterprise technology, including infrastructure modernization and hybrid-cloud workloads. The business was carved out of IBM's Global Technology Services infrastructure-services operation and became independent in 2021.
International work for enterprise customers in multiple markets extends its infrastructure-services role alongside investment in higher-value, next-generation services. Independence lets Kyndryl organize alliances and services around customer modernization beyond IBM's former captive ecosystem. A 2024 acquisition of Skytap added specialized workload capabilities to its hybrid-cloud services portfolio; the business remains shaped by its IBM separation and ongoing internal-control remediation.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | BMO Capital | Reiterate | Rating: —Target: $15 | Target: $16 |
| May 21, 2026 | Susquehanna | Downgrade | Target: $16 | Target: $13 |
| May 8, 2026 | Scotiabank | Reiterate | Rating: —Target: $30 | Target: $15 |
| Apr 20, 2026 | BMO Capital | Target | Target: — | Target: $15 |
| Feb 13, 2026 | Susquehanna | Reiterate | Rating: —Target: $35 | Target: $16 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.10B · Total debt $4.93B · Total assets $12.03B · Shareholders' equity $1.07B
- Revenue
- $15.09B
- Operating income
- $414.0M
- Net income
- $198.0M
No dividends on record.
| Institutions | 89.27% | 194.44M shares | |
|---|---|---|---|
| 699 holders · as of Jun 30, 2026 | |||
| Insiders | 1.90% | 4.15M shares | |
| 20 holders · as of Sep 3, 2026 | |||
| Strategic holders | 15.18% | 33.07M shares | |
| 2 holders · as of Feb 9, 2024 | |||
| Adds to | 106.35% | ||
217.82M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 106.35%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.31% | 22.47M | as of Jun 30, 2026 |
International Business Machines Corp1,2Strategicdirector | 10.24% | 44.60M | filed May 23, 2022 |
Vanguard Portfolio Management LLCInstitution | 7.66% | 16.68M | as of Jun 30, 2026 |
AQR Capital Management LLCInstitution | 6.72% | 14.64M | as of Jun 30, 2026 |
Neuberger Berman Group LLCInstitution | 4.96% | 10.80M | as of Jun 30, 2026 |
- International Business Machines Corp's transaction reports restate only vehicles that traded; the 2022 ownership statement (44.60M) less the 22.30M net shares sold since is used instead.
- International Business Machines Corp reports a block also reported by BlackRock, Inc.; it is counted once, under BlackRock, Inc.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 5, 2025 | Vineet Khurana | officer: SVP & Global Controller | −6,641 | $26.69 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Kyndryl | $12.07 | +0.04% | $2.66B | 8.2 | 4.8 | 0.1 | −3.3% |
| DXC Technology | $11.01 | +0.69% | $1.77B | 14.8 | 4.0 | 0.1 | −5.1% |
| Accenture | $184.08 | +0.20% | $112.43B | 14.7 | 12.8 | 1.5 | +5.6% |
| IBM | $236.35 | +2.15% | $217.99B | 20.5 | 18.5 | 3.2 | +1.1% |
| Infosys (ADR) | $10.79 | +0.26% | $43.66B | 13.3 | 13.2 | 2.2 | +1.0% |
| Cognizant Technology Solutions | $59.12 | +0.75% | $26.43B | 12.6 | 9.7 | 1.2 | +4.5% |
| Median | 14.7 | 12.8 | 1.5 | +1.1% |