Kennametal (KMT) Stock Forecast, Price Target & Predictions


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KMT Stock Forecast


Kennametal (KMT) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $26.00, with a high of $26.00 and a low of $26.00. This represents a 8.60% increase from the last price of $23.94.

$23 $24 $25 $26 $27 $28 $29 High: $26 Avg: $26 Low: $26 Last Closed Price: $23.94

KMT Stock Rating


Kennametal stock's rating consensus is Hold, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (14.29%), 5 Hold (71.43%), 1 Sell (14.29%), and 0 Strong Sell (0.00%).

Hold
Total 7 0 1 5 1 Strong Sell Sell Hold Buy Strong Buy

KMT Forecast vs Benchmarks


TypeNameUpside
StockKennametal8.60%
SectorIndustrials Stocks 15.95%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$24.00
Last Closing Price$23.94$23.94$23.94
Upside/Downside--0.25%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--5139
Dec, 24-151310
Nov, 242461316
Oct, 242463318
Sep, 242463217
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 18, 2024Mike FenigerBank of America Securities$26.00$26.15-0.57%8.60%
Jul 10, 2024Julian MitchellBarclays$24.00$22.546.48%0.25%
Jun 21, 2024Chris DankertLoop Capital Markets$22.00$23.54-6.54%-8.10%
May 23, 2024Chris DankertLoop Capital Markets$24.00$25.57-6.14%0.25%
Feb 08, 2023J.P. Morgan$26.00$29.08-10.59%8.60%
Feb 08, 2023Barclays$27.00$29.08-7.15%12.78%
Dec 15, 2022Goldman Sachs$26.00$24.446.38%8.60%
Dec 14, 2022Morgan Stanley$26.00$25.920.31%8.60%
Oct 03, 2022Barclays$24.00$20.9114.78%0.25%
Jul 20, 2022Loop Capital Markets$22.00$24.59-10.53%-8.10%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024BarclaysEqual-WeightEqual-Weighthold
Oct 18, 2024Bank of America SecuritiesUnderperformdowngrade
Aug 22, 2024Loop Capital MarketsHoldHoldhold
Aug 09, 2024BarclaysEqual-WeightEqual-Weighthold
Jul 10, 2024BarclaysEqual-WeightEqual-Weighthold
Jun 21, 2024Loop Capital MarketsHoldHoldhold
May 23, 2024Loop Capital MarketsHoldHoldhold
May 09, 2024BarclaysEqual-WeightEqual-Weighthold
Apr 12, 2024BarclaysEqual-WeightEqual-Weighthold
Oct 13, 2023WedbushNeutralNeutralhold

Financial Forecast


EPS Forecast

Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27
Reported$-0.06$0.65$1.74$1.47$1.38---
Avg Forecast$0.91$0.91$1.72$1.60$1.44$1.44$1.63$1.83
High Forecast$0.87$0.87$1.65$1.56$1.39$1.36$1.51$1.81
Low Forecast$0.94$0.94$1.76$1.65$1.47$1.51$1.74$1.85
Surprise %-106.59%-28.57%1.16%-8.13%-4.17%---

Revenue Forecast

$2B $2B $2B $2B $2B $2B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27
Reported$1.89B$1.84B$2.01B$2.08B$2.05B---
Avg Forecast$1.90B$1.84B$2.00B$2.10B$2.04B$2.03B$2.08B$2.14B
High Forecast$1.84B$1.78B$1.94B$2.05B$2.02B$2.01B$2.04B$2.14B
Low Forecast$1.94B$1.88B$2.04B$2.14B$2.08B$2.07B$2.15B$2.14B
Surprise %-0.91%0.12%0.65%-0.84%0.47%---

Net Income Forecast

$-50M $0 $50M $100M $150M $200M Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27
Reported$-5.05M$54.43M$144.62M$118.46M$109.32M---
Avg Forecast$135.70M$-17.15M$96.71M$128.23M$101.39M$112.07M$127.18M$146.66M
High Forecast$105.83M$-27.29M$77.37M$124.51M$81.11M$108.43M$120.96M$145.10M
Low Forecast$165.58M$-7.01M$116.05M$131.79M$121.67M$120.48M$138.94M$148.22M
Surprise %-103.72%-417.39%49.54%-7.62%7.83%---

KMT Forecast FAQ


Is Kennametal stock a buy?

Kennametal stock has a consensus rating of Hold, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 5 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Kennametal is a neutral investment for most analysts.

What is Kennametal's price target?

Kennametal's price target, set by 7 Wall Street analysts, averages $26 over the next 12 months. The price target range spans from $26 at the low end to $26 at the high end, suggesting a potential 8.60% change from the previous close price of $23.94.

How does Kennametal stock forecast compare to the average forecast of its sector, industry, and investment themes?

Kennametal stock forecast shows a 8.60% upside, underperforming the average forecast for the industrials stocks sector (15.95%).

What is the breakdown of analyst ratings for Kennametal over the past three months?

  • January 2025: 0% Strong Buy, 0% Buy, 55.56% Hold, 11.11% Sell, 33.33% Strong Sell.
  • December 2024: 0% Strong Buy, 10.00% Buy, 50.00% Hold, 10.00% Sell, 30.00% Strong Sell.
  • November 2024: 12.50% Strong Buy, 25.00% Buy, 37.50% Hold, 6.25% Sell, 18.75% Strong Sell.

What is Kennametal’s EPS forecast?

Kennametal's average annual EPS forecast for its fiscal year ending in June is 1.44 for 2025, a 4.35% increase from the reported $1.38 in 2024. The prediction for 2026 is $1.63, and $1.83 for 2027.

What is Kennametal’s revenue forecast?

Kennametal's average annual revenue forecast for its fiscal year ending in June is $2.03B for 2025, a -0.89% decrease from the reported $2.05B in 2024. The forecast for 2026 is $2.08B, and $2.14B for 2027.

What is Kennametal’s net income forecast?

For its fiscal year ending in June, Kennametal's average annual net income forecast is $112.07M for 2025, reflecting an 2.51% increase from the reported $109.32M in 2024. The projection for 2026 is $127.18M, and $146.66M for 2027.