KKR Stock Soars 5.74% Ahead of Earnings Report
On April 23, 2025, KKR's stock surged by 5.74% in pre-market trading, reflecting a strong start to the day's trading session.
KKR & Co. is set to announce its first-quarter earnings for 2025 before the market opens on May 1. Analysts anticipate the company to report a profit of $0.99 per share on a diluted basis, marking a 26.9% increase from the same period last year. This positive outlook is supported by KKR's performance in recent quarters, where it has beaten consensus estimates twice and missed them twice in the last four quarters.
For the current fiscal year, analysts project KKR's earnings per share (EPS) to reach $4.47, a 14.6% increase from $3.90 in fiscal 2024. Looking ahead to fiscal 2026, the EPS is expected to rise by 32.2% year over year to $5.91. This optimistic forecast is further bolstered by KKR's recent stock performance, which has seen an 8.3% increase over the past 52 weeks, outperforming the S&P 500's 5.5% gain during the same period.
On April 15, KKR's shares rose by 1% following an upgrade from HSBC Holdings, which changed its rating from "Hold" to "Buy" and set a price target of $119. This positive sentiment is echoed by analysts, with 15 out of 18 recommending a "Strong Buy," one suggesting a "Moderate Buy," and two advising a "Hold." The average analyst price target for kkr is $139.16, indicating a potential upside of 36.1% from current levels.
