Freedom Broker raises target for Kinder Morgan stock from USD 34 to USD 39
Published on 10/23/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings reset the outlook
- Kinder Morgan reported USD 4.53 billion in third-quarter revenue on October 21, 2026.
- Freedom Broker raised its target from USD 34 to USD 39 on October 22, 2026.
- Kinder Morgan stock trades at EUR 30.26 at 11:03 a.m. CEST at Lang & Schwarz on October 23, 2026.
Kinder Morgan stock drew a Freedom Broker target of USD 39, up from USD 34, on October 22, 2026, according to Investing.com. Kinder Morgan reported third-quarter revenue of USD 4.53 billion and adjusted earnings per share of USD 0.35 on October 21, 2026, according to MarketBeat.
Revenue growth sets the tone
Third-quarter revenue increased 9.30 percent from the prior year and exceeded the USD 4.37 billion consensus estimate by USD 0.16 billion. Adjusted earnings per share also exceeded the USD 0.32 consensus estimate by USD 0.03, giving the results a second quantified support point.
MarketBeat reported adjusted EBITDA of USD 2.18 billion for the quarter, up 9.00 percent year over year. Net income attributable to Kinder Morgan reached USD 764.00 million, 22.00 percent above the third quarter of 2025.
What does the target raise signal?
The analyst reaction points to stronger expectations for Kinder Morgan's gas infrastructure growth. Investing.com reported that Freedom Broker upgraded the stock from Hold to Buy and raised its target from USD 34 to USD 39, citing higher LNG-related and intrastate natural gas volumes.
The broader analyst response was also positive. Benzinga reported on October 22, 2026, that Mizuho raised its target from USD 37 to USD 39, TD Cowen lifted its target from USD 38 to USD 40, and Wells Fargo increased its target from USD 36 to USD 39.
Infrastructure scale remains central
Kinder Morgan says it has an interest in or operates 78,000 miles of pipelines and 136 terminals across North America, according to its company website. Those assets provide the operating base behind the latest earnings and analyst revisions.
On the NYSE, Kinder Morgan was last at USD 33.72 on October 22, 2026 at 4:00 p.m. ET. The stock was trading at EUR 30.26 at Lang & Schwarz on October 23, 2026 at 11:03 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Kinder Morgan stock.
Kinder Morgan stock facts
- Company: Kinder Morgan, Inc.
- ISIN: US49456B1017
- Ticker: KMI
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 11:03 a.m. CEST): EUR 30.26
- Market capitalization: USD 75.1 billion (as of October 23, 2026)
- 52-week range: USD 25.60-34.81 (as of October 23, 2026)
- Sector / Industry: Energy infrastructure / oil and gas transportation services
Market context: Market report S&P 500.
