KKR's attractively priced earnings power — a forward price-to-earnings ratio of 13.3x and a price-to-earnings-to-growth ratio of 0.53 — and a three-out-of-four recent earnings beat streak are compelling in isolation, but are currently offset by 7% revenue contraction, a confirmed downtrend below the 200-day moving average, and a put/call ratio of 3.18 reflecting broad bearish positioning.
Thesis pillars
- Attractive Valuation Peg Discount↓Deteriorating
- Earnings Beat Track Record↓Deteriorating
- Revenue Contraction Headwind→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 27, 2026· older than 90 days
KKR & Co. Inc. (KKR) Stock Analysis
Recovery setup
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $101.34, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3).
KKR manages $744 billion in assets under management across Asset Management, Insurance, and Strategic Holdings segments, spanning private equity, real assets, credit, capital markets, and insurance through its Global Atlantic subsidiary. Revenue comes from management fees ($4.1... Read more
Hold if already holding. Not a fresh buy at $101.34, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3). Chart setup: Death cross but MACD improving, RSI 75. Maintain position. Not compelling to add more. Score 6.1/10, moderate confidence.
Passes 4/8 gates (positive momentum, clean insider activity, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 4d<=7d. Suitability: aggressive.
About KKR & Co. Inc.
About KKR & Co. Inc.
KKR managed $744 billion in assets under management at December 31, 2025, across Credit and Liquid Strategies ($322 billion), Private Equity ($229 billion), and Real Assets ($192 billion), with Global Atlantic contributing $219 billion from insurance operations. Management fees totaled $4.1 billion in 2025 and the capital markets business generated $930 million in transaction fees. The firm employed approximately 4,200 asset management and insurance staff across 36 global offices on four continents.
KKR generates fee income through management fees ranging from 0.4% to 2.0% of capital depending on strategy and vehicle type, carried interest representing a specified percentage of investment gains on third-party capital, and capital markets fees for debt and equity underwriting, syndication, and advisory services. The insurance segment — operated through Global Atlantic — provides retirement and life insurance solutions and requires significant regulatory capital and active asset-liability management to support long-duration policyholder obligations that must be met regardless of investment performance. Approximately 92% of total AUM carries capital with a duration of at least eight years at inception or is perpetual capital, insulating fee revenue from redemption cycles. Credit and Liquid Strategies AUM grew from $7 billion in asset-based finance at December 31, 2020 to $85 billion by December 31, 2025. KKR and its employees have approximately $30 billion invested in or committed to the firm's own funds and portfolio companies.
Show full overview
Global Atlantic's insurance subsidiaries face regulatory capital requirements and rating agency capital expectations that could require KKR to contribute additional capital if asset-liability management disappoints, since insurance obligations are contractual and must be honored regardless of investment returns — a structural difference from the asset management segment. The 10-K also notes that arrangements with a limited number of financial intermediaries could concentrate counterparty default risk: if such a counterparty defaults, particularly a major investment bank, the company could be materially affected.
See also: Financial Services · Asset Management
From KKR & Co. Inc.'s most recent 10-K filing, extracted June 10, 2026.
Recent developments
No fresh coverage since Oct 21, 2026
Recent Developments — KKR & Co. Inc.
Latest news
- NEWS Form 4 KKR & Co LP For: 21 October By Investing.com - Investing.com India — Investing.com India Oct 21, 2026 neutral
- NEWS KKR & Co. Inc. $KKR Stock Sold by Assenagon Asset Management S.A. - MarketBeat — MarketBeat Oct 21, 2026 neutral
- NEWS KKR & Co. Inc. stock underperforms Tuesday when compared to competitors despite daily gains - MarketWatch — MarketWatch Oct 20, 2026 negative
- NEWS KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend - Business Wire — Business Wire Oct 20, 2026 positive
- NEWS Press Release: KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend - Moomoo — Moomoo Oct 20, 2026 positive
Latest item Oct 21, 2026 · Generated 2026-11-05T11:39:30Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMProductGlobal Atlantic insurance10-K Item 1: 'we managed $744 billion of assets under management, of which $219 billion comes from Global Atlantic'
- MEDIUMcounterpartylimited number of counterparties10-K Item 1A: 'We may enter into financial arrangements with a limited number of counterparties, which has the effect of concentrating the transaction volume'
Material Events(8-K, last 90d)
- 2026-05-29Item 5.02LOWOn May 29, 2026, 11 incumbent KKR directors were re-elected to the Board by KKR Management LLP, including Co-CEOs Joseph Y. Bae and Scott C. Nuttall. All were already serving at time of election. No departures noted.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $101.34, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3). Chart setup: Death cross but MACD improving, RSI 75. Maintain position. Not compelling to add more. Analyst target $108.52 (+7.1%), stop $95.04 (−6.6%), A.R:R 0.5:1. Score 6.1/10, moderate confidence.
Analyst target: $108.52 (+7.1% upside). Analyst target $108.52 (+7.1%), stop $95.04 (−6.6%), A.R:R 0.5:1. Stop-loss: $95.04.
Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3); Earnings in 4 days (event risk).
KKR & Co. Inc. trades at a P/E of 32.4 (forward 14.1). TrendMatrix value score: 7.2/10. Verdict: Hold.
28 analysts rate KKR, with a consensus score of 4.0/5. 21 analysts publish price targets averaging $121.
What does KKR & Co. Inc. do?KKR manages $744 billion in assets under management across Asset Management, Insurance, and Strategic Holdings...
KKR manages $744 billion in assets under management across Asset Management, Insurance, and Strategic Holdings segments, spanning private equity, real assets, credit, capital markets, and insurance through its Global Atlantic subsidiary. Revenue comes from management fees ($4.1 billion in 2025), carried interest on investment gains, and capital markets transaction fees ($930 million in 2025). The firm employs approximately 4,200 asset management and insurance staff across 36 global offices.