Kyndryl Holdings, Inc. designs, builds, manages, and modernizes information systems worldwide. It offers a range of services to manage, secure, and optimize performance for SAP and Oracle application workloads on Amazon AWS, IBM Cloud, Microsoft Azure, and Oracle Cloud Infrastructure; application management project-based services; managed mobility, workplace support, workplace virtualization, and workplace collaboration services; and multi-cloud management, managed infrastructure as a service solution, and cloud migration services. The company also provides infrastructure as a service (IaaS), managed extended cloud IaaS for IBM Z, and multi-cloud deployment services; data protection and recovery services, including backup as a service, disaster recovery as a service, cyber resilience, IT resilience orchestration, data center, and security and resiliency consulting services; network consulting services, which include strategy, assessment planning, and design services aligned with IT and application needs; and consulting services for software-defined networking (SDN), software-defined wide area network (SD-WAN), Internet of Things, and network infrastructure and application optimization. In addition, it offers software-defined networking services that help enterprise customers to build highly programmable network fabrics for the SD-WAN, data centers and cloud, and branch networks and local area networks architectures; and managed network services. The company was incorporated in 2020 and is headquartered in New York, New York. Kyndryl Holdings, Inc. operates independently of International Business Machines Corporation as of November 3, 2021.
IPO Year: 2021
Exchange: NYSE
Website: kyndryl.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $33.00 → $37.00 | Outperform | Oppenheimer |
| 11/22/2024 | $40.00 | Buy | BofA Securities |
| 6/27/2024 | $33.00 | Outperform | Oppenheimer |
| 2/12/2024 | $19.00 → $27.00 | Neutral → Positive | Susquehanna |
| 1/8/2024 | $26.00 | In-line → Outperform | Evercore ISI |
| 12/18/2023 | $20.00 → $25.00 | Neutral → Overweight | JP Morgan |
| 4/21/2023 | $22.00 | Sector Outperform | Scotiabank |
| 1/12/2023 | $14.00 | Neutral | Susquehanna |
| 8/2/2022 | $12.00 | Neutral | JP Morgan |
| 11/15/2021 | $22.00 | In-Line | Evercore ISI Group |
10-K - Kyndryl Holdings, Inc. (0001867072) (Filer)
8-K - Kyndryl Holdings, Inc. (0001867072) (Filer)
SCHEDULE 13G/A - Kyndryl Holdings, Inc. (0001867072) (Subject)
SCHEDULE 13G - Kyndryl Holdings, Inc. (0001867072) (Subject)
8-K - Kyndryl Holdings, Inc. (0001867072) (Filer)
SCHEDULE 13G - Kyndryl Holdings, Inc. (0001867072) (Subject)
10-Q - Kyndryl Holdings, Inc. (0001867072) (Filer)
8-K - Kyndryl Holdings, Inc. (0001867072) (Filer)
8-K - Kyndryl Holdings, Inc. (0001867072) (Filer)
10-Q - Kyndryl Holdings, Inc. (0001867072) (Filer)
71% of business leaders say their workforces are not ready to successfully leverage AICEOs and CIOs/CTOs have different views on AI's workforce impactA small group – 14% of companies – is deploying AI for commercial use while future-proofing their workforcesNEW YORK, May 29, 2025 /PRNewswire/ -- A new global study released today by Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, found that only a small number of organizations have taken steps to align their workforce strategies with the growth of AI technology. Those that have done so have positioned themselves ahead in the race to deliver positive return on investments in the technology.
NEW YORK, May 28, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced that Chief Financial Officer David Wyshner will speak at the Bank of America Global Technology Conference on Tuesday, June 3, 2025 at 2:20 p.m. ET. During the course of the event, Mr. Wyshner will discuss the Company's business and financial performance. To listen to the live webcast, please visit Kyndryl's investor relations website at investors.kyndryl.com. A replay of the webcast will be available approximately 24 hours after the l
NEW YORK, May 28, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced that it is working with the Virginia Department of Motor Vehicles (DMV) to modernize the customer experience. The initiative aims to speed up and improve the processing of over 200,000 transactions daily. The Virginia DMV has engaged Kyndryl to replace its Citizen Services Solution (CSS) with a cloud-native architecture to power its vehicle, driver and business applications. The new system, called MAX, was developed in the State of Ar
Investment to accelerate France's digital transformation and economic growth with a focus on new hires, AI private cloud services and a digital hub in Sophia-Antipolis PARIS, May 19, 2025 /PRNewswire/ -- As part of "Choose France," Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, announced that it will invest up to €100 million over three years in France to strengthen the country's capabilities in data, artificial intelligence (AI) and cyber resilience. "I welcome the decision by Kyndryl, a leading player in enterprise technology servic
Launches first employer brand campaign: progress with purpose NEW YORK, May 16, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, is proud to be Certified™ by Great Place To Work® in the United States, India, Japan, Czechia, France, Hungary, Israel, Italy, Poland and the United Kingdom. This is the second year Kyndryl received this prestigious award, which is based on what current employees say about their experience working at Kyndryl, and approximately 75% of Kyndryls work in a country where the Company is Certified™.
Kyndryl Distributed Cloud services utilizing the Microsoft adaptive cloud approach help businesses streamline cloud operations with customized solutions NEW YORK, May 13, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced the expansion of its Kyndryl Distributed Cloud capabilities utilizing the AI-powered Microsoft adaptive cloud approach. Designed to help customers innovate, modernize and simplify their business operations, these advisory, implementation, and managed services unify operations seamlessly across hybrid, multicloud, edge and IoT environments.
NEW YORK, May 12, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced it has been recognized as a Leader in the IDC MarketScape: Worldwide Hybrid IT Consulting and Integration Services 2025 Vendor Assessment [doc # US53312825, April 2025]. A complimentary excerpt copy is available here. The IDC MarketScape is a vendor assessment tool, providing in-depth quantitative and qualitative technology market assessments of the competitive fitness of suppliers in a given market. This IDC MarketScape report evalua
NEW YORK, May 9, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced that Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will speak at the J.P.Morgan Global Technology, Media and Communications Conference on Tuesday, May 13, 2025 at 10:10 a.m. ET. During the course of the event, they will discuss information regarding the Company's business and/or financial performance. To listen to the live webcast, please visit Kyndryl's investor relatio
NEW YORK, May 9, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, announced today a leadership rotation in some Delivery, Practice and Country roles. Xerxes Cooper will become Global Leader of Kyndryl Delivery, responsible for leading Kyndryl's delivery organization that provides mission-critical enterprise technology services to thousands of customers in more than 60 countries. Previously, Cooper was President of Kyndryl Strategic Markets where he grew signings, increased new business wins, scaled Kyndryl Consult a
Revenues for the quarter ended March 31, 2025 total $3.8 billion, pretax income is $118 million, net income is $68 million, adjusted EBITDA is $698 million, and adjusted pretax income is $185 millionFiscal year 2025 revenues total $15.1 billion, pretax income is $435 million, net income is $252 million, adjusted EBITDA is $2.5 billion, and adjusted pretax income is $482 millionSignings for fiscal year 2025 were a record $18.2 billion, representing a year-over-year increase of 46%Company provides fiscal year 2026 outlook for positive constant-currency revenue growth, at least $725 million of adjusted pretax income and approximately $550 million of adjusted free cash flowNEW YORK, May 7, 2025
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4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
4 - Kyndryl Holdings, Inc. (0001867072) (Issuer)
Company will host earnings call on May 8, 2025 NEW YORK, April 17, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced that it will release results for the fourth quarter and full year ended March 31, 2025, after market close on Wednesday, May 7, 2025. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Thursday, May 8, 2025. The live webcast can be accessed by visiting investors.kyndryl.com
Company will host earnings call on February 4, 2025 NEW YORK, Jan. 14, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended December 31, 2024, the third quarter of its 2025 fiscal year, after market close on Monday, February 3, 2025. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Tuesday, February 4, 2025. The live webcast can be accesse
Company will host earnings call on November 7, 2024 and Investor Day on November 21, 2024 NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended September 30, 2024, the second quarter of its 2025 fiscal year, after market close on Wednesday, November 6, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Thursday, November 7, 2024.
Company will host earnings call on August 1, 2024 NEW YORK, July 15, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended June 30, 2024, the first quarter of its 2025 fiscal year, after market close on Wednesday, July 31, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Thursday, August 1, 2024. The live webcast can be accessed by vi
Acquires privately held Skytap to accelerate hybrid cloud adoption and help customers modernize mission-critical infrastructure platforms Announces definitive agreement to sell its Securities Industry Services business in Canada to Broadridge to enhance Kyndryl's focus on core growth areas NEW YORK, May 13, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it has acquired privately held Skytap, a leading specialized workload services provider. "The acquisition of Skytap reflects the proactive steps we're tak
Company will host earnings call on May 8, 2024 NEW YORK, April 29, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the fourth quarter and full year ended March 31, 2024, after market close on Tuesday, May 7, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Wednesday, May 8, 2024. The live webcast can be accessed by visiting investors.kyndryl.com
Company will host earnings call on February 7, 2024 NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended December 31, 2023, the third quarter of its 2024 fiscal year, after market close on Tuesday, February 6, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Wednesday, February 7, 2024. The live webcast can be acces
Company will host earnings call on November 8, 2023 NEW YORK, Oct. 5, 2023 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended September 30, 2023, the second quarter of its 2024 fiscal year, after market close on Tuesday, November 7, 2023. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Wednesday, November 8, 2023. The live webcast can be ac
Company will host earnings call on August 8, 2023 Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended June 30, 2023, the first quarter of its 2024 fiscal year, after market close on Monday, August 7, 2023. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Tuesday, August 8, 2023. The live webcast can be accessed by visiting investors.kyndryl.com on Kyndryl's investor relations website. A slide presentation will be made available on Kyndryl's investor relations website s
Revenues for the quarter ended March 31, 2023 total $4.3 billion, net loss is $737 million, adjusted EBITDA is $476 million, and adjusted pretax loss is $61 million Fiscal year 2023 revenues total $17.0 billion, net loss is $1.4 billion, adjusted EBITDA is $2.0 billion, and adjusted pretax loss is $217 million Exceeded all first-year targets for Alliances, Advanced Delivery and Accounts initiatives Provides outlook for fiscal year 2024, reflecting continuing progress on the ‘three-A initiatives' Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2023, the fourth quarter of i
NEW YORK, July 2, 2024 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced the appointment of a new Chief Information Officer (CIO) and leadership changes in two of its major practices, Applications, Data and AI and Cloud. Kim Basile has been named Kyndryl's new CIO, succeeding Michael Bradshaw, who is assuming leadership of the company's Applications, Data and AI practice. Additionally, Nicolas Sekkaki has been named the Practice Leader for Kyndryl's Cloud practice. "I am pleased to announce Kim as our new Chief Inform
NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Howard Ungerleider as an Operating Advisor to CD&R funds. Mr. Ungerleider will work closely with CD&R's industrials team on new investment opportunities and support the management teams of its relevant portfolio companies. Mr. Ungerleider brings with him over 30 years of experience working in the chemical, packaging and specialty materials industries, having held a number of senior management positions, most notably as President and Chief Financial Officer
Oppenheimer reiterated coverage of Kyndryl with a rating of Outperform and set a new price target of $37.00 from $33.00 previously
BofA Securities initiated coverage of Kyndryl with a rating of Buy and set a new price target of $40.00
Oppenheimer initiated coverage of Kyndryl with a rating of Outperform and set a new price target of $33.00
Susquehanna upgraded Kyndryl from Neutral to Positive and set a new price target of $27.00 from $19.00 previously
Evercore ISI upgraded Kyndryl from In-line to Outperform and set a new price target of $26.00
JP Morgan upgraded Kyndryl from Neutral to Overweight and set a new price target of $25.00 from $20.00 previously
Scotiabank initiated coverage of Kyndryl with a rating of Sector Outperform and set a new price target of $22.00
Susquehanna initiated coverage of Kyndryl with a rating of Neutral and set a new price target of $14.00
JP Morgan initiated coverage of Kyndryl with a rating of Neutral and set a new price target of $12.00
Evercore ISI Group initiated coverage of Kyndryl Hldgs with a rating of In-Line and set a new price target of $22.00
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