Streetbeat News

Kyndryl Holdings, Inc.

https://www.kyndryl.com

Industry

Information Technology Services

Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and cloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, telecommunications, retail, automobile, and transportation industries. The company was incorporated in 2020 and is headquartered in New York, New York.

Open

28.12

Mkt cap

6.5B

Volume

1.7M

High

28.12

P/E Ratio

-73.47

52-wk high

28.93

Low

27.34

Div yield

N/A

52-wk low

17.64

Kyndryl exceeded second-quarter revenue estimates due to strong demand for its consulting services, particularly from businesses adopting generative AI technology.

Portfolio Pulse from

November 06, 2024 | 9:30 pm

Akamai Technologies has partnered with Kyndryl to offer micro-segmentation implementation services using Akamai's Guardicore Segmentation. This collaboration aims to enhance security measures for clients by providing advanced segmentation solutions.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 10:06 am

The article discusses Kyndryl (KD) being highlighted by a popular newsletter service as a stock to watch. This mention could influence investor interest and potentially impact the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 5:06 pm

Kyndryl Holdings (NYSE:KD) has seen a 12.12% decrease in its short interest, now at 5.15% of its float. This is higher than its peers' average of 4.14%. The decrease in short interest suggests a less bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 6:45 pm

JPMorgan recommends a pair trade strategy: 'Long Kyndryl (KD) / Short DXC Technology (DXC)'. Kyndryl is favored for its structural advantages and growth potential, while DXC faces growth challenges and risks.

Portfolio Pulse from Surbhi Jain

September 06, 2024 | 7:01 pm

Kyndryl Holdings shares are trading lower after the company reported worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:00 pm

Kyndryl Holdings has projected its FY25 revenue to be between $15.2 billion and $15.5 billion, slightly above the estimated $15.361 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:44 pm

Kyndryl Holdings (NYSE:KD) reported Q1 2025 GAAP EPS of $0.05, missing the $0.10 estimate. Sales were $3.740 billion, below the $3.790 billion estimate and down 10.80% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:23 pm

Kyndryl and Vodafone Business have extended their partnership to enhance security and resiliency services for financial industry customers. The new agreement includes endpoint protection, vulnerability services, and web internet protection.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:43 pm

Kyndryl Holdings Inc (NYSE:KD) shares rose after news of a potential joint bid for DXC Technology Co (NYSE:DXC). Oppenheimer's Ian Zaffino initiated coverage with an Outperform rating and a $33 price target, citing revenue growth, margin expansion, and earnings projections. The company has repriced legacy contracts and struck deals with major hyperscalers.

Portfolio Pulse from Priya Nigam

June 27, 2024 | 4:31 pm

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