TD Cowen raises target for Kinder Morgan stock to USD 40.00

Published on 10/26/2026 at 16:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 4.53 billion versus USD 4.38 billion expected. Kinder Morgan stock costs EUR 30.36 on October 26, 2026.

Target and reporting details

TD Cowen raised its Kinder Morgan target from USD 38.00 to USD 40.00 on October 22, 2026.
Third-quarter revenue reached USD 4.53 billion versus USD 4.38 billion expected.
Kinder Morgan stock costs EUR 30.36 at Lang & Schwarz on October 26, 2026 at 4:38 p.m. CEST.

Kinder Morgan, US49456B1017, Illustration mit AI erstellt.

Kinder Morgan stock (ISIN US49456B1017) is trading at EUR 30.36 at Lang & Schwarz on October 26, 2026 at 4:38 p.m. CEST. TD Cowen raised its price target from USD 38.00 to USD 40.00 on October 22, 2026, according to MarketScreener. The new target stood 17.82 percent above the NYSE quote of USD 33.95 at 11:44 a.m. EDT on October 26, 2026.

Revenue beat but earnings outlook trails

Kinder Morgan reported third-quarter revenue of USD 4.53 billion against a consensus estimate of USD 4.38 billion. Adjusted earnings per share reached USD 0.35, ahead of the USD 0.32 estimate, according to Benzinga on October 22, 2026. The revenue beat was USD 0.15 billion, while the adjusted earnings beat was USD 0.03 per share.

The counterpoint is the full-year adjusted earnings outlook of USD 1.36 per share, below the USD 1.54 consensus estimate cited in the same report. That gap leaves the target revisions dependent on execution rather than on a higher company forecast.

Energy infrastructure supports the case

Kinder Morgan operates about 78,000 miles of pipelines and 136 terminals, according to its October 14, 2026 earnings webcast release. The company identifies natural gas pipelines, products pipelines, terminals and carbon dioxide as its core businesses, giving the analyst view a direct link to infrastructure demand.

Valuation and November dividend date

Kinder Morgan had a market capitalization of USD 75.6 billion and a price-to-earnings ratio of 20.97 as of October 26, 2026. Its trailing dividend yield was 3.00 percent. The next dated shareholder event is the November 2, 2026 ex-dividend date, with a dividend of USD 0.2975 per share, listed by MarketScreener.

Stock position for investors

The combination of a quarterly revenue beat, a lower full-year earnings expectation and several higher analyst targets creates a mixed operating picture. For investors, the USD 40.00 TD Cowen target and the USD 1.36 full-year adjusted earnings outlook are the clearest figures to compare with the current valuation.

The further course of trading is shown by the continuously updated real-time quote of Kinder Morgan stock.