Kyndryl has been upgraded to a buy rating with a price target of $13, implying a 19% potential upside. The company is undergoing a transformation aiming for 80% of its revenue to come from higher-margin post-spin signings by fiscal year 2027. Recent progress in Q4 supports this strategy, with improvements in profitability and cash generation, including a 6% year-over-year increase in adjusted EBITDA for FY 2026 and operating cash flow reaching $950 million. While risks related to execution and market confidence remain moderate to high, the risk-reward profile is attractive following significant declines in the share price.
Kuehn Law is investigating Kyndryl Holdings for allegedly manipulating free cash flow by delaying vendor payments across fiscal quarters, leading to false financial reporting. The lawsuit claims Kyndryl misrepresented its earnings quality and sustain...
A global study of 1,100 business leaders reveals that only 23% believe their workforce is fully ready for AI, a decline from last year. Despite rapid AI adoption and a forecasted $2.52 trillion global AI spend in 2026, many organizations struggle to ...
