Kennametal (KMT) Stock Forecast, Price Target & Predictions
KMT Stock Forecast
Kennametal stock forecast is as follows: an average price target of $26.57 (represents a 5.69% upside from KMT’s last price of $25.14) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
KMT Price Target
The average price target for Kennametal (KMT) is $26.57 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $22.00. This represents a potential 5.69% upside from KMT's last price of $25.14.
KMT Analyst Ratings
According to 7 Wall Street analysts, Kennametal's rating consensus is 'Hold'. The analyst rating breakdown for KMT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (14.29%), 5 'Hold' (71.43%), 1 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
Kennametal Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 10, 2024 | Julian Mitchell | Barclays | $24.00 | $22.54 | 6.48% | -4.53% |
| Jun 21, 2024 | Chris Dankert | Loop Capital Markets | $22.00 | $23.54 | -6.52% | -12.49% |
| May 23, 2024 | Chris Dankert | Loop Capital Markets | $24.00 | $25.57 | -6.14% | -4.53% |
| Feb 08, 2023 | - | J.P. Morgan | $26.00 | $29.08 | -10.59% | 3.42% |
| Feb 08, 2023 | - | Barclays | $27.00 | $29.08 | -7.15% | 7.40% |
| Dec 15, 2022 | - | Goldman Sachs | $26.00 | $24.44 | 6.38% | 3.42% |
| Dec 14, 2022 | - | Morgan Stanley | $26.00 | $25.92 | 0.31% | 3.42% |
| Oct 03, 2022 | - | Barclays | $24.00 | $20.91 | 14.81% | -4.53% |
| Jul 20, 2022 | - | Loop Capital Markets | $22.00 | $24.59 | -10.53% | -12.49% |
| Jul 18, 2022 | - | Morgan Stanley | $27.00 | $23.81 | 13.40% | 7.40% |
The latest Kennametal stock forecast, released on Jul 10, 2024 by Julian Mitchell from Barclays, set a price target of $24.00, which represents a 6.48% increase from the stock price at the time of the forecast ($22.54), and a -4.53% decrease from KMT last price ($25.14).
Kennametal Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $23.00 | $23.33 |
| Last Closing Price | $25.14 | $25.14 | $25.14 |
| Upside/Downside | -100.00% | -8.51% | -7.20% |
In the current month, the average price target of Kennametal stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Kennametal's last price of $25.14. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 22, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Aug 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 10, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 21, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| May 23, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| May 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 12, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 13, 2023 | Wedbush | Neutral | Neutral | Hold |
| Sep 14, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 13, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
Kennametal's last stock rating was published by Loop Capital Markets on Aug 22, 2024. The company gave KMT a "Hold" rating, the same as its previous rate.
Kennametal Financial Forecast
Kennametal Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $495.32M | $492.48M | $550.23M | $536.04M | $497.12M | $494.79M | - | $512.26M | $486.67M | $483.51M | $515.97M | $484.66M | $440.51M | $400.31M | $379.05M | $483.08M |
| Avg Forecast | $587.10M | $555.10M | $530.00M | $511.20M | $563.00M | $538.87M | $510.50M | $498.79M | $552.15M | $525.21M | $494.82M | $485.13M | $532.74M | $518.50M | $496.74M | $503.60M | $567.84M | $530.39M | $491.88M | $488.01M | $516.19M | $509.08M | $495.97M | $487.32M | $514.21M | $473.63M | $423.03M | $386.35M | $397.54M | $509.01M |
| High Forecast | $591.39M | $559.16M | $533.88M | $514.94M | $567.11M | $542.81M | $514.24M | $502.44M | $556.18M | $529.05M | $498.44M | $489.62M | $536.64M | $522.29M | $502.73M | $515.55M | $572.00M | $534.27M | $495.48M | $491.58M | $516.19M | $518.46M | $505.10M | $496.30M | $523.68M | $482.36M | $430.83M | $393.46M | $404.86M | $518.39M |
| Low Forecast | $575.34M | $543.98M | $519.38M | $500.96M | $551.72M | $528.07M | $500.27M | $488.80M | $541.08M | $514.69M | $484.91M | $481.01M | $522.07M | $508.11M | $485.01M | $493.03M | $556.47M | $519.76M | $482.03M | $478.23M | $516.19M | $502.35M | $489.41M | $480.88M | $507.41M | $467.38M | $417.44M | $381.24M | $392.28M | $502.28M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 0.97% | 1.01% | 1.01% | 1.01% | - | 1.01% | 0.98% | 0.99% | 1.00% | 1.02% | 1.04% | 1.04% | 0.95% | 0.95% |
Kennametal's average Quarter revenue forecast for Mar 24 based on 2 analysts is $518.50M, with a low forecast of $508.11M, and a high forecast of $522.29M. KMT's average Quarter revenue forecast represents a 4.68% increase compared to the company's last Quarter revenue of $495.32M (Dec 23).
Kennametal EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $62.98M | $51.16M | $63.97M | $53.66M | $36.55M | $50.68M | - | $62.07M | $81.70M | $88.89M | $90.92M | $72.41M | $53.30M | $16.92M | $50.88M | $69.69M |
| Avg Forecast | $63.50M | $60.04M | $57.33M | $55.29M | $60.90M | $58.29M | $55.22M | $53.95M | $59.72M | $56.81M | $53.52M | $52.47M | $57.62M | $98.00M | $53.73M | $54.47M | $61.42M | $89.09M | $53.20M | $79.28M | $56.04M | $80.99M | $91.92M | $72.08M | $58.28M | $31.86M | $41.99M | $21.15M | $38.16M | $35.77M |
| High Forecast | $63.97M | $60.48M | $57.75M | $55.70M | $61.34M | $58.71M | $55.62M | $54.35M | $60.16M | $57.22M | $53.91M | $52.96M | $58.04M | $117.60M | $54.38M | $55.76M | $61.87M | $106.91M | $53.59M | $95.14M | $56.04M | $97.19M | $110.30M | $86.49M | $69.94M | $38.23M | $50.39M | $25.38M | $45.80M | $42.93M |
| Low Forecast | $62.23M | $58.84M | $56.18M | $54.19M | $59.68M | $57.12M | $54.11M | $52.87M | $58.53M | $55.67M | $52.45M | $52.03M | $56.47M | $78.40M | $52.46M | $53.33M | $60.19M | $71.27M | $52.14M | $63.43M | $56.04M | $64.79M | $73.53M | $57.66M | $46.62M | $25.49M | $33.59M | $16.92M | $30.53M | $28.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 0.94% | 1.04% | 0.60% | 0.69% | 0.64% | - | 0.77% | 0.89% | 1.23% | 1.56% | 2.27% | 1.27% | 0.80% | 1.33% | 1.95% |
2 analysts predict KMT's average Quarter EBITDA for Mar 24 to be $98.00M, with a high of $117.60M and a low of $78.40M. This is 55.60% upper than Kennametal's previous annual EBITDA (Dec 23) of $62.98M.
Kennametal Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.11M | $30.06M | $36.43M | $31.94M | $21.90M | $28.20M | - | $35.30M | $32.73M | $36.20M | $35.10M | $21.62M | $19.39M | $-21.68M | $-9.11M | $2.92M |
| Avg Forecast | $46.03M | $40.48M | $34.92M | $29.37M | $42.53M | $34.56M | $26.27M | $31.43M | $41.98M | $31.34M | $22.56M | $23.39M | $34.54M | $38.73M | $20.65M | $28.02M | $46.61M | $35.21M | $17.73M | $32.28M | $36.67M | $32.01M | $35.35M | $29.35M | $22.50M | $9.51M | $15.28M | $-27.09M | $-6.83M | $1.50M |
| High Forecast | $46.47M | $40.86M | $35.25M | $29.65M | $42.94M | $34.89M | $26.52M | $31.73M | $42.38M | $31.64M | $22.77M | $25.99M | $34.87M | $46.48M | $23.13M | $32.02M | $47.05M | $42.26M | $17.90M | $38.74M | $36.67M | $38.41M | $42.42M | $35.22M | $27.00M | $11.42M | $18.33M | $-21.68M | $-5.46M | $1.80M |
| Low Forecast | $44.83M | $39.42M | $34.01M | $28.60M | $41.42M | $33.66M | $25.58M | $30.61M | $40.89M | $30.53M | $21.97M | $21.66M | $33.64M | $30.99M | $19.00M | $24.02M | $45.39M | $28.17M | $17.27M | $25.83M | $36.67M | $25.61M | $28.28M | $23.48M | $18.00M | $7.61M | $12.22M | $-32.51M | $-8.20M | $1.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.07% | 0.78% | 0.91% | 1.24% | 0.87% | - | 1.10% | 0.93% | 1.23% | 1.56% | 2.27% | 1.27% | 0.80% | 1.33% | 1.95% |
Kennametal's average Quarter net income forecast for Mar 24 is $38.73M, with a range of $30.99M to $46.48M. KMT's average Quarter net income forecast represents a 67.62% increase compared to the company's last Quarter net income of $23.11M (Dec 23).
Kennametal SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $111.81M | $105.72M | $100.94M | $97.36M | $107.22M | $102.63M | $97.22M | $94.99M | $105.16M | $100.03M | $94.24M | $92.39M | $101.46M | $98.75M | $94.60M | $95.91M | $108.15M | $101.01M | $93.68M | $92.94M | $97.59M | $96.25M | $93.77M | $92.13M | $97.22M | $89.55M | $79.98M | $73.04M | $75.16M | $96.23M |
| High Forecast | $112.63M | $106.49M | $101.68M | $98.07M | $108.01M | $103.38M | $97.94M | $95.69M | $105.92M | $100.76M | $94.93M | $93.25M | $102.20M | $99.47M | $95.74M | $98.19M | $108.94M | $101.75M | $94.36M | $93.62M | $97.59M | $98.02M | $95.49M | $93.83M | $99.01M | $91.19M | $81.45M | $74.39M | $76.54M | $98.01M |
| Low Forecast | $109.57M | $103.60M | $98.92M | $95.41M | $105.07M | $100.57M | $95.28M | $93.09M | $103.05M | $98.02M | $92.35M | $91.61M | $99.43M | $96.77M | $92.37M | $93.90M | $105.98M | $98.99M | $91.80M | $91.08M | $97.59M | $94.97M | $92.53M | $90.92M | $95.93M | $88.36M | $78.92M | $72.08M | $74.16M | $94.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Kennametal's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to KMT last annual SG&A of $NaN (undefined).
Kennametal EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.29 | $0.38 | $0.45 | $0.40 | $0.27 | $0.35 | - | $0.42 | $0.39 | $0.43 | $0.42 | $0.26 | $0.23 | $-0.26 | $-0.11 | $0.04 |
| Avg Forecast | $0.58 | $0.51 | $0.44 | $0.37 | $0.54 | $0.44 | $0.33 | $0.40 | $0.53 | $0.39 | $0.28 | $0.29 | $0.44 | $0.30 | $0.26 | $0.35 | $0.59 | $0.34 | $0.22 | $0.37 | $0.46 | $0.42 | $0.39 | $0.38 | $0.40 | $0.19 | $0.09 | $0.04 | $0.12 | $0.30 |
| High Forecast | $0.59 | $0.51 | $0.44 | $0.37 | $0.54 | $0.44 | $0.33 | $0.40 | $0.53 | $0.40 | $0.29 | $0.33 | $0.44 | $0.30 | $0.29 | $0.40 | $0.59 | $0.34 | $0.23 | $0.37 | $0.46 | $0.43 | $0.40 | $0.39 | $0.41 | $0.20 | $0.09 | $0.04 | $0.12 | $0.31 |
| Low Forecast | $0.56 | $0.50 | $0.43 | $0.36 | $0.52 | $0.42 | $0.32 | $0.39 | $0.52 | $0.38 | $0.28 | $0.27 | $0.42 | $0.29 | $0.24 | $0.30 | $0.57 | $0.33 | $0.22 | $0.36 | $0.46 | $0.41 | $0.38 | $0.37 | $0.40 | $0.19 | $0.09 | $0.04 | $0.12 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.08% | 0.77% | 1.18% | 1.21% | 0.95% | - | 0.99% | 1.01% | 1.14% | 1.04% | 1.34% | 2.57% | -6.33% | -0.93% | 0.13% |
According to 2 Wall Street analysts, Kennametal's projected average Quarter EPS for Mar 24 is $0.30, with a low estimate of $0.29 and a high estimate of $0.30. This represents a 3.64% increase compared to KMT previous annual EPS of $0.29 (Dec 23).
Kennametal Peer Comparison by Price Target
KMT Forecast FAQ
Is Kennametal a good buy?
No, according to 7 Wall Street analysts, Kennametal (KMT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 14.29% of KMT's total ratings.
What is KMT's price target?
Kennametal (KMT) average price target is $26.57 with a range of $22 to $35, implying a 5.69% from its last price of $25.14. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Kennametal stock go up soon?
According to Wall Street analysts' prediction for KMT stock, the company can go up by 5.69% (from the last price of $25.14 to the average price target of $26.57), up by 39.22% based on the highest stock price target, and down by -12.49% based on the lowest stock price target.
Can Kennametal stock reach $40?
KMT's average twelve months analyst stock price target of $26.57 does not support the claim that Kennametal can reach $40 in the near future.
What are Kennametal's analysts' financial forecasts?
Kennametal's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $2.11B (high $2.13B, low $2.07B), average EBITDA is $228.35M (high $230.02M, low $223.77M), average net income is $134.79M (high $136.07M, low $131.28M), average SG&A $402.07M (high $405.01M, low $394.01M), and average EPS is $1.7 (high $1.71, low $1.65). KMT's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $2.18B (high $2.2B, low $2.14B), average EBITDA is $236.16M (high $237.89M, low $231.43M), average net income is $150.8M (high $152.23M, low $146.87M), average SG&A $415.83M (high $418.87M, low $407.5M), and average EPS is $1.9 (high $1.92, low $1.85).
Did the KMT's actual financial results beat the analysts' financial forecasts?
Based on Kennametal's last annual report (Jun 2023), the company's revenue was $2.08B, which missed the average analysts forecast of $2.59B by -19.89%. Apple's EBITDA was $204.85M, missing the average prediction of $339.04M by -39.58%. The company's net income was $118.46M, missing the average estimation of $168.5M by -29.70%. Apple's SG&A was $0, missing the average forecast of $493.37M by -100.00%. Lastly, the company's EPS was $1.47, missing the average prediction of $1.98 by -25.74%. In terms of the last quarterly report (Dec 2023), Kennametal's revenue was $495.32M, missing the average analysts' forecast of $496.74M by -0.29%. The company's EBITDA was $62.98M, beating the average prediction of $53.73M by 17.22%. Kennametal's net income was $23.11M, beating the average estimation of $20.65M by 11.91%. The company's SG&A was $0, missing the average forecast of $94.6M by -100.00%. Lastly, the company's EPS was $0.29, beating the average prediction of $0.26 by 11.47%