Kd stock price forecast the latest kd stock price forecast

The latest kd stock price forecast suggests a potential consolidation phase around $42–$45 as investors weigh earnings growth against sector headwinds in technology hardware. Trading volume trends indicate moderate bullish sentiment, but macroeconomic indicators urge cautious positioning. Shares of the company witnessed a gain of 2.33% over the previous month, beating the performance of the Business Services sector with its loss of 4.91% and the S&P 500's loss of 4.29%. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. KD’s Q2 results have spurred analysts to revise kd stock price forecast to $49 for FY2024, with EPS growth exceeding peer averages. Forward P/E remains attractive compared to sector benchmarks, indicating potential undervaluation.