Kennametal stock falls 3.41 percent while analysts set a USD 34 median target

Published on 10/08/2026 at 01:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kennametal stock drew 5 buy, 13 hold and 6 sell ratings on October 7, 2026, with a USD 36.38 consensus target. Fiscal 2026 revenue rose 20 percent to USD 2.36 billion.

KMT, US4891701009, Illustration mit AI erstellt.

Kennametal stock (ISIN US4891701009) carried a USD 2.5 billion market capitalization on October 7, 2026, while the company traded on the NYSE under ticker KMT. The latest analyst mix puts valuation and execution side by side as investors weigh strong fiscal 2026 earnings against weaker cash generation.

Analyst targets remain divided

According to Paasa on October 7, 2026, 5 analysts rated Kennametal Buy, 13 rated it Hold and 6 rated it Sell. The median target was USD 34.00, while the consensus target was USD 36.38, with a USD 30.00 low and USD 47.50 high.

Using the October 7 reference price of USD 32.27, the USD 34.00 median target lies 5.4 percent above the stock. MarketBeat reported on October 7 that Morgan Stanley had cut its target from USD 31.00 to USD 27.00 on August 10, while UBS reduced its target from USD 39.00 to USD 35.00 on the same date.

Profit growth meets cash flow pressure

Fiscal 2026 revenue reached USD 2.36 billion, up 20 percent from USD 1.97 billion a year earlier, while adjusted fiscal-year earnings per share reached USD 4.57. Yahoo Finance reported that fourth-quarter sales rose 43 percent to USD 737 million and adjusted earnings per share reached USD 2.96.

The counterweight was cash generation. Fiscal 2026 operating cash flow was negative USD 4.0 million versus positive USD 208 million a year earlier, while free cash flow was negative USD 79 million versus positive USD 121 million, reflecting higher tungsten-related working capital needs.

Stock stays below its yearly high

Kennametal traded at USD 32.27 on the NYSE on October 7, 2026 at 4:00 p.m. EDT, down USD 1.14 or 3.41 percent from the prior close of USD 33.41. Volume was 1,108,751 shares, and the 52-week range was USD 20.38 to USD 43.81, leaving the stock 26.3 percent below its yearly high.

Investing.com lists November 2, 2026 as Kennametal's next earnings date. That report will show whether pricing gains can continue to offset tungsten costs and rebuild cash flow.

USD 32.27 remains the reference price

Kennametal was last at USD 32.27 on the NYSE on October 7, 2026 at 4:00 p.m. EDT, with a USD 2.5 billion market capitalization and 1,108,751 shares traded.