What is everyone’s take on the recent earnings announcements? It sounds like they are holding their own but I didn’t see anything to justify the stock run up, unless I missed something.
6 replies (most recent on top)
The ship is sinking. Time to venture elsewhere.
Many people in all geos actively looking for work outside KD
Earnings were lousy. KD is still not growing revenues, cash flow not good either. Very few positive catalysts. Market cap is only about 3B so PE and competitors can buy KD on the cheap.
Need leaders who can sell and move the needle. Frustrating lack of overall progress past 2 years.
I think Kyndryl is gross…
I see it includes more restructuring charges, and if my math is right, some of the $152M from last quarter not yet used. I assume this means more layoffs this quarter. I'm seeing no activity yet but curious to know what people are seeing/hearing.
@OP I don't see anything tangible real business like out there that would back the stock price increase other then clever financial gymnastics and heavy PR which was quite intense through some security and AI partnership initiatives of KD (note: as anybody else does these days). There are some pragmatic comments that the current stock seems overvalued. Since the Feb '26 I wouldn't trust their numbers or be very careful, the SEC allegations are not yet over..