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KDKyndryl Holdings, Inc.Sell5.2·$12.25+2.08%
SellModerate Confidence
Investment thesis

The company is caught in a deteriorating cycle of confirmed technical breakdown, deeply negative operating margins, falling earnings estimates, and high short interest — with the stock already trading below a modest analyst price target and risk/reward skewed against new exposure.

Thesis pillars

  • Negative Margin Value TrapStable
  • Confirmed Price DowntrendStable
  • Earnings Estimate DeteriorationStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Kyndryl Holdings, Inc. (KD) Stock Analysis

Recovery setup

SellModerate Confidence

Technology · Information Technology Services

Sell if holding. Engine safety override at $12.25: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: High short interest: 13%; Below-average business quality; Below long-term trend.

Kyndryl is the world's largest IT infrastructure services provider, spun off from IBM in November 2021, offering advisory, implementation and managed services — cloud, core enterprise, applications/data/AI, digital workplace, security/resiliency and network/edge — to thousands... Read more

$12.25+0.2% A.UpsideScore 5.2/10#31 of 46 Information Technology Services
QualityF-score4 / 9FCF yield103.56%
Stop $11.39Target $12.27(analyst − 13%)A.R:R 0.0:1
Analyst target$14.10+15.1%5 analysts
$12.27our TP
$12.25price
$14.10mean
$17

Sell if holding. Engine safety override at $12.25: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: High short interest: 13%; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 60. Score 5.2/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and 8k serious 2.05. Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 202633d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Target reached (0.1% upside)
Quality below floor (3.5 < 4.0)

Key Metrics

P/E (TTM)14.4
P/E (Fwd)4.8
Mkt Cap$2.7B
EV/EBITDA3.8
Profit Mgn1.3%
ROE15.1%
Rev Growth-0.8%
Beta1.73
DividendNone
Rating analysts15

Quality Signals

Piotroski F4/9

Options Flow

P/C0.18bullish
IV72%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomerfinancial services industry45%
    10-K Item 1: 'Approximately 45 percent of our revenue is derived from companies in the financial services industry, where we serve hundreds of global, multinational and regional banks, insurance companies, mutual fund complexes, credit card and transaction processors and providers of other financial services.'
  • LOWCustomerretail, travel and logistics companies17%
    10-K Item 1: '17 percent of our revenue is from retail, travel and logistics companies.'
  • LOWCustomerindustrial sector14%
    10-K Item 1: '14 percent of our revenue is generated from the industrial sector, which includes some of the largest automotive manufacturers in the world.'
  • LOWCustomerhealthcare companies and the public sector13%
    10-K Item 1: '13 percent of our revenue is generated from healthcare companies and the public sector.'
  • LOWCustomertechnology, media and telecom companies11%
    10-K Item 1: '11 percent of our revenue is generated from technology, media and telecom companies.'
  • LOWCustomerfive largest customers10%
    10-K Item 1: 'In fiscal year 2026, our five largest customers accounted for approximately 10 percent of our revenue.'

Material Events(8-K, last 90d)

  • 2026-05-06Item 2.02LOW
    On May 6, 2026, Kyndryl issued a press release announcing results of operations for the quarter and fiscal year ended March 31, 2026. Routine earnings disclosure.
    SEC filing →
  • 2026-05-06Item 2.05MEDIUM
    On May 5, 2026, Kyndryl's Board approved workforce rebalancing actions across various jurisdictions to support financial and operational efficiency, part of ongoing operational streamlining. Specific charges were not detailed in the fetched excerpt before truncation.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Bollinger
0.4
Support Resistance
1.7

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
2.3
Quality Rank
3.8
Value Rank
7.1

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.4
Net Margin
0.7
Operating Margin
1.6
Roa
2.2
Current Ratio
3.5
Moat
3.6
Piotroski F
4.4
Roe
5.0
Fcf Quality
10.0
Excellent cash conversion: 1000% FCF/NINo competitive moat

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.0
Erm
1.0
Earnings History
3.3
Earnings Timing
5.0
News Activity
8.0
Estimates down -36.7% (30d)Earnings concerns: 2B/2M
GatesA.R:R 0.0 < 1.5@spot8K SERIOUS 2.05Death cross (50MA < 200MA)Momentum 6.4>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 33d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Speculative
RSI
60 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $10.36Resistance $12.63

Price Targets

$11
$12
A.Upside+0.2%
A.R:R0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (0.1% upside)
! Quality below floor (3.5 < 4.0)
! asymmetry at 0.0 (below the engine's 1.5 threshold)@spot

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-05 (33d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is KD stock a buy right now?

Sell if holding. Engine safety override at $12.25: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: High short interest: 13%; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 60. Prior stop was $11.39. Score 5.2/10, moderate confidence.

What is the KD stock price target?

Take-profit target: $12.27 (+0.2% upside). Prior stop was $11.39. Stop-loss: $11.39.

What are the risks of investing in KD?

Target reached (0.1% upside); Quality below floor (3.5 < 4.0).

Is KD overvalued or undervalued?

Kyndryl Holdings, Inc. trades at a P/E of 14.4 (forward 4.8). TrendMatrix value score: 8.7/10. Verdict: Sell.

What do analysts say about KD?

15 analysts cover KD with a consensus score of 2.3/5. Average price target: $14.

What does Kyndryl Holdings, Inc. do?Kyndryl is the world's largest IT infrastructure services provider, spun off from IBM in November 2021, offering...

Kyndryl is the world's largest IT infrastructure services provider, spun off from IBM in November 2021, offering advisory, implementation and managed services — cloud, core enterprise, applications/data/AI, digital workplace, security/resiliency and network/edge — to thousands of customers in more than 60 countries through four geographic segments (United States, Japan, Principal Markets, Strategic Markets). Approximately 45% of fiscal 2026 revenue came from financial services clients, with the top five customers together representing about 10% of revenue, across a workforce of roughly 72,000,

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