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KFYKorn FerrySell5.3·$85.59+2.39%
SellModerate Confidence
Investment thesis

Korn Ferry has delivered four consecutive earnings beats at consistent margins and trades at an attractive 12.4x forward earnings, but with an earnings report due in two days, only 2.6% headroom to the near-term price target, and falling on-balance volume, the setup demands patience rather than immediate action.

Thesis pillars

  • Perfect Earnings Beat StreakDeteriorating
  • Attractive Forward ValuationStable
  • Earnings Binary Event RiskDeteriorating
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Korn Ferry (KFY) Stock Analysis

SellValueModerate Confidence

Industrials · Staffing & Employment Services

Earnings in 5 days (2026-09-09). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Analyst target reached at $85.59 — A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (2.2% away).

Korn Ferry is a global consulting firm providing talent and organizational performance services—consulting, digital tools, executive search, professional search & interim staffing, and recruitment process outsourcing—through 103 offices in 51 countries. The company earned... Read more

$85.59-14.6% A.UpsideScore 5.3/10#2 of 9 Staffing & Employment Services
QualityF-score8 / 9FCF yield5.69%
IncomeYield2.63%(5y avg 1.56%)Payout38.12%sustainable
Stop $82.07Target $98.43(default +15%)A.R:R -2.9:1
Analyst target$86.00+0.5%4 analysts
$98.43our TP
$85.59price
$86.00mean
$75
$100

Sell if holding. Analyst target reached at $85.59 — A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (2.2% away). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.3/10, moderate confidence.

Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: aggressive.

10-K grounded · weekly refresh

About Korn Ferry

About Korn Ferry

Korn Ferry generated $2,730.1 million in fee revenue during fiscal 2025 across five solution areas—Consulting ($662.7 million), Digital ($363.5 million), Executive Search ($846.2 million), Professional Search & Interim ($503.5 million), and RPO ($354.1 million)—with Executive Search the largest contributor. The firm employed 9,253 full-time professionals across 103 offices in 51 countries spanning North America, EMEA, APAC, and Latin America as of April 30, 2025.

Korn Ferry earns fee revenue through three engagement models: custom consulting and search engagements billed by project, embedded subscription and license solutions integrated into client workflows, and standalone subscription/license products sold through the Korn Ferry Talent Suite platform (Architect, Assess, Pay, Recruit, and Sell). More than 83% of fiscal 2025 assignments were with clients served in the prior three years, and approximately 25% of consolidated fee revenue came from cross-Solution referrals, up from 14% in 2018. The company's 350 Marquee and Diamond strategic accounts, supported by dedicated account leaders, represented approximately 39% of consolidated fee revenue, more than double their share at the program's inception. Competitors vary by segment: Executive Search competes against Egon Zehnder, Heidrick & Struggles, Russell Reynolds, and Spencer Stuart, while RPO competes against Allegis and Randstad.

Show full overview

Korn Ferry's revenue mix skews cyclical: executive search and professional search fees track corporate hiring activity, and the company initiated a restructuring in the first half of fiscal 2024 after weakening client demand pressured its cost structure. The 10-K also discloses off-limit agreements—contractual or self-imposed restrictions barring the firm from recruiting candidates from certain existing clients—that can cause it to lose search opportunities to competitors, a structural constraint distinct from hiring-cycle exposure. Executive Search and Professional Search & Interim together generated over $1.35 billion of fiscal 2025 fee revenue, more exposed to hiring-cycle swings than the subscription-based Digital segment.

See also: Industrials · Staffing & Employment Services

From Korn Ferry's most recent 10-K filing, extracted August 23, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Sep 9, 20265d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Risks
Analyst target reached - limited upside remaining
Near 52-week high (2.2% away)
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3)

Key Metrics

P/E (TTM)16.2
P/E (Fwd)13.2
Mkt Cap$4.3B
EV/EBITDA9.1
Profit Mgn9.5%
ROE14.6%
Rev Growth6.7%
Beta1.20
Dividend2.63%
Rating analysts9

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C1.67bearish
IV52%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomerMarquee and Diamond accounts39%
    10-K Item 1: 'our 350 Marquee and Diamond accounts represented approximately 39% of consolidated fee revenue'

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

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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. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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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.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesMomentum 4.1<4.5A.R:R -2.9=NEGATIVEEARNINGS PROXIMITY 5d<=7dInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
56 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $81.39Resistance $87.51

Price Targets

$82
$98
A.Upside-14.6%
A.R:R-2.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-14.6% upside)
! momentum at 4.1 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-09-09 (5d)

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 KFY stock a buy right now?

Sell if holding. Analyst target reached at $85.59 — A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (2.2% away). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $82.07. Score 5.3/10, moderate confidence.

What is the KFY stock price target?

Take-profit target: $98.43 (-14.6% upside). Prior stop was $82.07. Stop-loss: $82.07.

What are the risks of investing in KFY?

Analyst target reached - limited upside remaining; Near 52-week high (2.2% away); V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3).

Is KFY overvalued or undervalued?

Korn Ferry trades at a P/E of 16.2 (forward 13.2). TrendMatrix value score: 7.0/10. Verdict: Sell.

What do analysts say about KFY?

9 analysts cover KFY with a consensus score of 4.1/5. Average price target: $86.

What does Korn Ferry do?Korn Ferry is a global consulting firm providing talent and organizational performance services—consulting, digital...

Korn Ferry is a global consulting firm providing talent and organizational performance services—consulting, digital tools, executive search, professional search & interim staffing, and recruitment process outsourcing—through 103 offices in 51 countries. The company earned $2,730.1 million in fee revenue in fiscal 2025, with about 39% from its 350 Marquee and Diamond strategic accounts.

Related stocks: MAN (ManpowerGroup) · TNET (TriNet Group, Inc.) · KFRC (Kforce, Inc.) · RHI (Robert Half Inc.) · BBSI (Barrett Business Services, Inc.)
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