Kd stock price forecast models from multiple

Forecast models from multiple investment banks project a potential short-term target of $90.50, driven by stronger-than-expected cloud sector growth. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 9.09% lower. Right now, Kyndryl Holdings, Inc. possesses a Zacks Rank of #3 (Hold). Shares of KD traded down $0.13 during trading hours on Friday, reaching $31.35. 686,105 shares of the company traded hands, compared to its average volume of 2,330,352. Kyndryl Holdings, Inc. has a 1-year low of $22.26 and a 1-year high of $44.20. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.05 and a current ratio of 1.05. The stock's fifty day moving average is $33.73 and its 200 day moving average is $35.36. The stock has a market cap of $7.25 billion, a P/E ratio of 25.90, a price-to-earnings-growth ratio of 3.50 and a beta of 1.89. Market sentiment toward KD stock price remains positive as sector rotation into technology continues, supported by Nasdaq’s weekly gain of 1.5%. This capital inflow could keep KD’s upward bias intact.