KD Stock Summary and Trading Ideas (Kyndryl Hldgs | NYSE:KD)

Kyndryl Holdings Inc is a technology services and infrastructure services provider company. It provides advisory, implementation, and managed services across a range of technology domains to help customers manage and modernize enterprise IT environments in support of their business and transformation objectives. The company's reportable segments consist of the following: Principal Markets which represents its operations in operations in Australia / New Zealand, Canada, France, Germany, India, Italy, Spain, Portugal, and the United Kingdom / Ireland, United States, Japan, and Strategic Markets. It derives maximum revenue from the United States.

Kyndryl Hldgs trades on the NYSE stock market under the symbol KD.

As of January 17, 2025, KD stock price declined to $38.26 with 1,114,402 million shares trading.

KD has a market cap of $8.89 billion. This is considered a Mid Cap stock.

Last quarter Kyndryl Hldgs reported $4 billion in Revenue and $.01 earnings per share. This beat revenue expectation by $62 million and exceeded earnings estimates by $.13.

In the last 3 years, KD traded as high as $39.47 and as low as $7.93.

The top ETF exchange traded funds that KD belongs to (by Net Assets): IJH, VTI, VB, VBR, VGT.

KD has outperformed the market in the last year with a price return of +85.9% while the SPY ETF gained +28.0%. KD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +52.9% and +2.7%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

KD support price is $37.48 and resistance is $39.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KD shares will trade within this expected range on the day.