Truist Financial Issues Pessimistic Forecast for Korn/Ferry International (NYSE:KFY) Stock Price

Key Points

• Truist Financial cut its price target on Korn/Ferry from $88 to $75 but kept a "buy" rating, implying roughly a 21.9% upside; several other brokers also trimmed targets and the consensus average target is about $74.33.
• Korn/Ferry beat Q3 expectations (EPS $1.28 vs. $1.22; revenue $725M vs. $692M), raised Q4 FY2026 EPS guidance to $1.34–1.40, and the board approved a 14.6% quarterly dividend increase to $0.55.
• The stock trades around $61.52 with a 52-week range of $58.95–$78.50, a market cap of $3.21B and a P/E of 12.44, leaving it priced below many analysts' targets despite positive near-term fundamentals.

Korn/Ferry International (NYSE:KFY - Get Free Report) had its price target dropped by stock analysts at Truist Financial from $88.00 to $75.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the business services provider's stock. Truist Financial's target price would indicate a potential upside of 21.92% from the company's current price.

A number of other brokerages have also recently issued reports on KFY. The Goldman Sachs Group decreased their price objective on shares of Korn/Ferry International from $85.00 to $74.00 and set a "buy" rating on the stock in a research note on Friday, November 21st. Weiss Ratings reissued a "buy (b-)" rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Finally, Wall Street Zen raised shares of Korn/Ferry International from a "hold" rating to a "buy" rating in a research note on Sunday, March 1st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $74.33.

Korn/Ferry International Stock Performance

KFY stock opened at $61.52 on Tuesday. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $78.50. The company has a market capitalization of $3.21 billion, a P/E ratio of 12.44 and a beta of 1.32. The company has a 50-day simple moving average of $65.45 and a 200 day simple moving average of $67.79. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20.

Korn/Ferry International (NYSE:KFY - Get Free Report) last released its quarterly earnings data on Monday, March 9th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $725.04 million during the quarter, compared to analyst estimates of $692.45 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. Korn/Ferry International's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 EPS. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Sell-side analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Korn/Ferry International

A number of hedge funds and other institutional investors have recently modified their holdings of KFY. IFP Advisors Inc grew its stake in shares of Korn/Ferry International by 69.4% during the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider's stock worth $33,000 after purchasing an additional 206 shares during the period. Kestra Investment Management LLC increased its holdings in Korn/Ferry International by 71.8% in the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider's stock valued at $42,000 after buying an additional 242 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider's stock valued at $44,000 after purchasing an additional 400 shares during the period. Clearstead Advisors LLC raised its stake in shares of Korn/Ferry International by 30,350.0% during the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider's stock valued at $40,000 after purchasing an additional 607 shares in the last quarter. Finally, Federated Hermes Inc. raised its holdings in shares of Korn/Ferry International by 160.4% in the 3rd quarter. Federated Hermes Inc. now owns 664 shares of the business services provider's stock worth $46,000 after purchasing an additional 409 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors and hedge funds.

More Korn/Ferry International News

Here are the key news stories impacting Korn/Ferry International this week:

• Positive Sentiment: KFY beat Q3 expectations: reported adjusted EPS ~$1.28 (consensus ~1.22) and fee revenue roughly $717–725M (well above estimates); revenue rose ~7% year‑over‑year and margins remain healthy — supports near-term earnings momentum. Read More.
• Positive Sentiment: Company raised Q4 FY2026 EPS guidance to $1.340–1.400 vs. prior consensus ~1.280 — a clear forward-looking beat that reduces near-term earnings uncertainty and can re-rate the stock. Read More.
• Positive Sentiment: Board approved a 14.6% quarterly dividend increase to $0.55 (annualized yield ~3.5%), ex-dividend March 27 — enhances income appeal and signals confidence in cash flow.
• Positive Sentiment: Backlog and business-mix improvements: executive search outperformed (double‑digit digital/backlog growth with backlog up ~11% to ~$1.9B), giving better revenue visibility and supporting multi-quarter growth expectations. Read More.
• Neutral Sentiment: Full earnings-call transcripts, slide deck and conference call recordings are available for detail on margin drivers, segment performance and cadence for bookings — useful for modeling but not new catalysts by themselves. Read More. • Read More.

Korn/Ferry International Company Profile

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company's core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.

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