Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
KMT Stock Forecast 2026-2027
$35.55
Current Price
$2.71B
Market Cap
Buy 0
Hold 4
Sell 4
Wall St Analyst Ratings
Distance to KMT Price Targets
+33.6%
To High Target of $47.50
+1.3%
To Median Target of $36.00
-7.2%
To Low Target of $33.00
KMT Price Momentum
+4.5%
1 Week Change
+2.6%
1 Month Change
+59.8%
1 Year Change
+25.1%
Year-to-Date Change
-18.9%
From 52W High of $43.81
+101.8%
From 52W Low of $17.62
📊 TOP ANALYST CALLS
Did KMT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Kennametal is one of their latest high-conviction picks.
Latest KMT Stock Price Targets & Analyst Predictions
Based on our analysis of 2 Wall Street analysts, KMT has a neutral consensus with a median price target of $36.00 (ranging from $33.00 to $47.50). The overall analyst rating is Hold (4.8/10). Currently trading at $35.55, the median forecast implies a 1.3% upside. This outlook is supported by 0 Buy, 4 Hold, and 4 Sell ratings.
Conversely, the most conservative target is provided by Julian Mitchell at Barclays, suggesting a 7.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
KMT Analyst Ratings
0
Buy
4
Hold
4
Sell
KMT Price Target Range
Low
$33.00
Average
$36.00
High
$47.50
Current: $35.55
Latest KMT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for KMT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 27, 2026 | Barclays | Julian Mitchell | Underweight | Downgrade | $33.00 |
| May 7, 2026 | JP Morgan | Underweight | Maintains | $N/A | |
| May 7, 2026 | Jefferies | Hold | Downgrade | $N/A | |
| Feb 10, 2026 | Morgan Stanley | Equal-Weight | Maintains | $N/A | |
| Feb 9, 2026 | Barclays | Equal-Weight | Maintains | $N/A | |
| Feb 5, 2026 | UBS | Neutral | Maintains | $N/A | |
| Jan 14, 2026 | JP Morgan | Underweight | Maintains | $N/A | |
| Jan 13, 2026 | Jefferies | Buy | Upgrade | $N/A | |
| Jan 12, 2026 | UBS | Neutral | Maintains | $N/A | |
| Jan 12, 2026 | Morgan Stanley | Equal-Weight | Maintains | $N/A | |
| Jan 7, 2026 | Barclays | Equal-Weight | Maintains | $N/A | |
| Nov 13, 2025 | UBS | Neutral | Maintains | $N/A | |
| Nov 7, 2025 | JP Morgan | Underweight | Maintains | $N/A | |
| Nov 7, 2025 | Barclays | Equal-Weight | Maintains | $N/A | |
| Oct 14, 2025 | JP Morgan | Underweight | Maintains | $N/A | |
| Aug 15, 2025 | UBS | Neutral | Upgrade | $N/A | |
| Aug 7, 2025 | JP Morgan | Underweight | Maintains | $N/A | |
| Jun 25, 2025 | Loop Capital | Hold | Maintains | $N/A | |
| May 12, 2025 | Barclays | Equal-Weight | Maintains | $N/A | |
| May 12, 2025 | Morgan Stanley | Equal-Weight | Maintains | $N/A |
Kennametal Inc. (KMT) Competitors
The following stocks are similar to Kennametal based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Kennametal Inc. (KMT) Financial Data
Kennametal Inc. has a market capitalization of $2.71B with a P/E ratio of 19.7x. The company generates $2.14B in trailing twelve-month revenue with a 6.4% profit margin.
Revenue growth is +21.8% quarter-over-quarter, while maintaining an operating margin of +13.6% and return on equity of +10.8%.
Valuation Metrics
Market Cap
$2.71B
Enterprise Value
$3.26B
P/E Ratio
19.7x
PEG Ratio
0.2x
Price/Sales
1.2x
Growth & Margins
Revenue Growth (YoY)
+21.8%
Gross Margin
+35.1%
Operating Margin
+13.6%
Net Margin
+6.4%
EPS Growth
+85.0%
Financial Health
Cash/Price Ratio
+3.9%
Current Ratio
2.4x
Debt/Equity
47.2x
ROE
+10.8%
ROA
+5.0%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
Kennametal Inc. (KMT) Business Model
About Kennametal Inc.
What They Do
Manufactures high-performance tooling and industrial materials.
Business Model
Kennametal generates revenue by producing and selling advanced cutting tools, wear-resistant materials, and metalworking products tailored for various industries, including automotive, aerospace, and energy. The company focuses on innovation to enhance product performance and longevity, which helps clients reduce operational costs.
Additional Information
Founded in 1938 and headquartered in Pittsburgh, Pennsylvania, Kennametal operates globally, serving customers in over 60 countries. The company emphasizes sustainability and environmental responsibility in its manufacturing processes, maintaining a strong reputation for quality and technological advancement.
Company Information
Sector
Industrials
Industry
Tools & Accessories
Employees
8,100
CEO
Mr. Sanjay K. Chowbey
Country
United States
IPO Year
1987
Website
www.kennametal.comKennametal Inc. (KMT) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Zacks Industry Outlook Highlights Stanley Black & Decker, Core & Main, Kennametal and Enerpac Tool Group
Manufacturing tools firms face cost and supply-chain pressures, but acquisitions and manufacturing strength are supporting growth opportunities.
Jun 12, 2026
By Zacks Equity Research
Press Releases
4 Manufacturing Tools Stocks to Watch Despite Industry Headwinds
The prospects of the Zacks Manufacturing-Tools & Related Products industry are hindered by high operating costs and ongoing supply-chain challenges. SWK, CNM, KMT and EPAC are some promising stocks in the industry.
Jun 11, 2026
By Susmita Roy
Industry Outlook
Why Is Kennametal (KMT) Down 21.1% Since Last Earnings Report?
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Jun 05, 2026
By Zacks Equity Research
Realtime BLOG
Latest News
Quick Summary
The Zacks Manufacturing-Tools & Related Products industry faces high operating costs and supply-chain issues. Notable stocks include SWK, CNM, KMT, and EPAC.
Why It Matters
High operating costs and supply-chain issues may impact profitability in the manufacturing tools sector, while SWK, CNM, KMT, and EPAC present potential investment opportunities.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
Kennametal (KMT) recently reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for future stock performance.
Why It Matters
Upcoming developments for Kennametal (KMT) could impact stock performance, influencing investor sentiment and potential price movements based on earnings guidance or market reactions.
Source: Zacks Investment Research
Market Sentiment:
Negative
Kennametal Inc. Announces Final Results and Expiration of Cash Tender Offer for Debt Securities
20 days ago
Quick Summary
Kennametal Inc. (NYSE: KMT) announced the final results of its cash tender offer to purchase all outstanding notes, as detailed in their Offer to Purchase dated May 19, 2026.
Why It Matters
Kennametal's completion of a cash tender offer signals its strategy for debt management, potentially affecting its liquidity and financial health, which influences investor confidence and stock performance.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Kennametal Inc. raised $700M through a new term loan and expanded credit facility, refinancing $300M in bonds to 2036, enhancing liquidity and extending debt maturities to support growth.
Why It Matters
Kennametal Inc.'s financing actions enhance liquidity and extend debt maturities, strengthening its financial position and enabling growth, which can positively impact future stock performance.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Zacks Style Scores help investors identify top-rated stocks aligned with their investing styles, providing a useful tool for stock selection.
Why It Matters
Zacks Style Scores can help investors identify high-performing stocks aligned with their strategies, potentially leading to better investment decisions and enhanced portfolio performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Kennametal Inc. announced the pricing terms for its cash tender offer to buy back all outstanding 4.625% Senior Notes due 2028. Details are in the Offer to Purchase dated May 19, 2026.
Why It Matters
Kennametal's cash tender offer for its 2028 Notes indicates a strategy to manage debt and potentially improve financial stability, impacting bondholder confidence and stock valuation.
Source: PRNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About KMT Stock
What is Kennametal Inc.'s (KMT) stock forecast for 2026?
Based on our analysis of 2 Wall Street analysts, Kennametal Inc. (KMT) has a median price target of $36.00. The highest price target is $47.50 and the lowest is $33.00.
Is KMT stock a good investment in 2026?
According to current analyst ratings, KMT has 0 Buy ratings, 4 Hold ratings, and 4 Sell ratings. The stock is currently trading at $35.55. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for KMT stock?
Wall Street analysts predict KMT stock could reach $36.00 in the next 12 months. This represents a 1.3% increase from the current price of $35.55. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Kennametal Inc.'s business model?
Kennametal generates revenue by producing and selling advanced cutting tools, wear-resistant materials, and metalworking products tailored for various industries, including automotive, aerospace, and energy. The company focuses on innovation to enhance product performance and longevity, which helps clients reduce operational costs.
What is the highest forecasted price for KMT Kennametal Inc.?
The highest price target for KMT is $47.50 from at , which represents a 33.6% increase from the current price of $35.55.
What is the lowest forecasted price for KMT Kennametal Inc.?
The lowest price target for KMT is $33.00 from Julian Mitchell at Barclays, which represents a -7.2% decrease from the current price of $35.55.
What is the overall KMT consensus from analysts for Kennametal Inc.?
The overall analyst consensus for KMT is neutral. Out of 2 Wall Street analysts, 0 rate it as Buy, 4 as Hold, and 4 as Sell, with a median price target of $36.00.
How accurate are KMT stock price projections?
Stock price projections, including those for Kennametal Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 16, 2026 8:50 AM UTC