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 |
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
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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
Kyndryl Consult to facilitate customer design, build and implementation of AI workloads Kyndryl AI Private Cloud services support collaborations with NVIDIA and other ecosystem partners NEW YORK, April 16, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today introduced a suite of AI private cloud services and consulting expertise designed to deliver a seamless, end-to-end experience for enterprise-grade AI solutions – from design and rapid development to full operation. Kyndryl's AI Private Cloud services enco
Kyndryl data and application services combined with Data Transformation Suite for SAP Solutions accelerate customer migration to SAP S/4HANA Cloud NEW YORK, April 15, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced the launch of a Data Transformation Suite for SAP Solutions to help customers speed and streamline their migration to SAP S/4HANA Cloud. Kyndryl's suite of data transformation solutions delivers full SAP S/4HANA modernization lifecycle support without the need for third-party tools, expe
Kyndryl recognized for combining generative AI and automation, optimizing environments and tailoring solutions to customers' needs NEW YORK, April 14, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced that research company ISG has recognized Kyndryl as a Leader in all regions for 'Mainframe Optimization Services', 'Mainframe as a Service', and 'Mainframe Operations' in the ISG Provider Lens™ Quadrant Report 2025. In the US, Kyndryl has also been identified as a Leader in 'Application Modernization Services'. A complimentary copy of the full report is available here.
NEW YORK, April 8, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced that it has received the 2025 Google Cloud Global Partner of the Year Award for Infrastructure Modernization. "We are pleased to recognize Kyndryl as a 2025 Google Cloud Partner Award winner," said Kevin Ichhpurani, President, Global Partner Ecosystem, Google Cloud. "Kyndryl's comprehensive infrastructure modernization services have allowed customers to improve some of their most foundational operations and set up for success with ge
Placed in the Leaders Quadrant for our Ability to Execute and Completeness of Vision NEW YORK, March 31, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced it has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Outsourced Digital Workplace Services (ODWS). A complimentary copy of the full report is available here. The Gartner Magic Quadrant evaluates vendors based on their Ability to Execute and Completeness of Vision. Kyndryl believes this recognition reflects its significant investments in its
NEW YORK, March 27, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE:KD), the world's largest IT infrastructure services provider, today issued a statement in response to a short seller report. "The short seller report issued this morning in relation to Kyndryl contains claims that are inaccurate and deliberately misleading. Kyndryl rejects in the strongest possible terms the conclusion reached within the report, which was clearly designed to manipulate the company's stock for the short seller's benefit. We believe that our accounting and disclosures are correct, accurate
Kyndryl certified as a specialized Google Cloud partner for Gemini models NEW YORK and SUNNYVALE, Calif., March 27, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced an expanded partnership with Google Cloud to leverage generative AI to help streamline and accelerate the modernization of mainframe applications and data. As part of the partnership, Kyndryl has been certified as a specialized partner for Google Cloud's AI and Gemini models. The combination of Kyndryl's deep mainframe expertise and skills with Google
The program serves new markets and introduces select multi-year grants to deepen community impact NEW YORK, March 4, 2025 /PRNewswire/ -- Kyndryl Foundation, the philanthropic arm of Kyndryl, today announced that 12 nonprofit organizations from 11 countries have been awarded its second-year grants. The program is expected to touch the lives of more than 55,000 people over the next two years through cybersecurity and artificial intelligence (AI) skills development, awareness and job placement initiatives. Building on the positive impact of its inaugural year, Kyndryl Foundation
Kyndryl Collaborates with Microsoft to Bring Dragon Copilot to Market Dragon Copilot to be enabled by generative AI-powered ambient listening voice recognition NEW YORK, March 3, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced it is partnering with Microsoft to support adoption and deployment of a new AI-powered healthcare assistant. Kyndryl will collaborate with Microsoft as a strategic partner for the new Microsoft Dragon Copilot solution that will use voice dictation, ambient listening, and natural language capabilities powered by generative AI to automate clinical documentation, improve administrative efficiency and allow
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
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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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)
8-K - Kyndryl Holdings, Inc. (0001867072) (Filer)
10-Q - Kyndryl Holdings, Inc. (0001867072) (Filer)
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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)