KBR (NYSE:KBR) Given New $40.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo cut its price target on KBR from $45.00 to $40.00 and kept an "equal weight" rating, implying roughly an 8.42% upside from the current share price.
• Analysts are mixed—five Buy, five Hold and two Sell—with a MarketBeat consensus rating of "Hold" and a consensus target price of $56.50.
• Shares trade around $36.90 (market cap ~$4.68B); KBR beat EPS expectations last quarter but revenue fell 10.6% year-over-year, and management set FY2026 guidance of $3.87–$4.22 EPS.

KBR (NYSE:KBR - Get Free Report) had its price target cut by equities research analysts at Wells Fargo & Company from $45.00 to $40.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an "equal weight" rating on the construction company's stock. Wells Fargo & Company's price target would suggest a potential upside of 8.42% from the stock's current price.

Several other analysts have also recently issued reports on KBR. Citigroup lowered their price objective on shares of KBR from $57.00 to $53.00 and set a "buy" rating for the company in a research note on Monday, January 26th. Weiss Ratings cut shares of KBR from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, March 27th. Zacks Research cut shares of KBR from a "hold" rating to a "strong sell" rating in a research note on Thursday, March 12th. Truist Financial lowered their price objective on shares of KBR from $62.00 to $50.00 and set a "buy" rating for the company in a research note on Friday, December 19th. Finally, Wall Street Zen cut shares of KBR from a "buy" rating to a "hold" rating in a research note on Sunday, March 1st. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $56.50.

KBR Trading Up 0.6%

Shares of NYSE KBR traded up $0.23 during trading on Monday, hitting $36.90. 40,094 shares of the company traded hands, compared to its average volume of 1,405,886. KBR has a 1 year low of $35.62 and a 1 year high of $56.78. The company has a 50-day moving average price of $39.54 and a 200-day moving average price of $41.87. The firm has a market capitalization of $4.68 billion, a P/E ratio of 11.48, a P/E/G ratio of 2.16 and a beta of 0.49. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.68.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.04. KBR had a net margin of 5.30% and a return on equity of 35.22%. The company had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $1.91 billion. During the same period in the previous year, the company earned $0.91 EPS. The business's quarterly revenue was down 10.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts predict that KBR will post 3.26 EPS for the current year.

Hedge Funds Weigh In On KBR

A number of institutional investors have recently added to or reduced their stakes in KBR. Farther Finance Advisors LLC lifted its holdings in KBR by 89.8% in the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company's stock worth $25,000 after buying an additional 289 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in KBR by 207.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company's stock worth $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in KBR by 432.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company's stock worth $29,000 after buying an additional 493 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in KBR in the 3rd quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in KBR by 101,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company's stock worth $48,000 after buying an additional 1,016 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company's stock.

About KBR

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.