Jefferies cuts KKR stock target from USD 129.00 to USD 112.00

Published on 10/12/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies keeps Buy as its target ends at USD 112.00. KKR stock costs EUR 81.26 on October 12, 2026, and Q2 revenue was USD 5.73 billion.

Key points in brief

Jefferies cut its KKR price target from USD 129.00 to USD 112.00 while maintaining a Buy rating on October 6, 2026.
KKR agreed on October 5, 2026, to acquire Gen II Fund Services for USD 5.1 billion.
KKR reported USD 5.73 billion in second-quarter 2026 revenue and USD 0.70 diluted earnings per share.
The Lang & Schwarz price was EUR 81.26 on October 12, 2026, at 11:00 a.m. CEST.
KKR's next financial results conference call is scheduled for November 9, 2026.

KKR, US48251W1045, Illustration mit AI erstellt.

Jefferies kept a Buy rating on KKR after cutting its price target from USD 129.00 to USD 112.00 in a research note dated October 6, 2026, as MarketBeat reported on October 9, 2026. The revised target leaves the analyst view focused on valuation while KKR's most recent quarterly figures show USD 5.73 billion in revenue and USD 0.70 diluted earnings per share.

Q2 figures set the benchmark

KKR reported USD 5.73 billion in revenue for the second quarter of 2026, compared with USD 2.55 billion in analyst estimates, according to MarketBeat. Diluted earnings per share reached USD 1.63 in the same quarter in the MarketBeat report, versus a USD 1.43 consensus estimate, while standardized financial data lists diluted earnings per share at USD 0.70 on a separate reported basis.

What does the target cut change?

The gap between Jefferies' USD 112.00 target and its former USD 129.00 target is USD 17.00, a 13.18 percent reduction calculated from the previous target. MarketBeat also listed a broader average target of USD 127.62 from 22 analysts, with 18 Buy ratings and four Hold ratings.

Gen II adds private-markets infrastructure

KKR agreed on October 5, 2026, to acquire Gen II Fund Services for an enterprise value of USD 5.1 billion, according to KKR. Reuters reported that Gen II serves more than 275 investment managers representing more than USD 2 trillion in private-fund capital, and that the transaction is expected to close in 2027.

The acquisition extends KKR's exposure to the infrastructure supporting private markets. Gen II provides tax, compliance, treasury and technology services, while KKR plans to support expansion in the United States and internationally, as Investing.com reported on October 5, 2026.

November 9 is the next date

KKR's investor-relations calendar lists November 9, 2026, at 10:00 a.m. ET for the third-quarter 2026 financial results conference call, according to KKR. That date will place the Gen II transaction alongside the company's next reported operating figures.

KKR stock at Lang & Schwarz

KKR stock was trading at EUR 81.26 at Lang & Schwarz on October 12, 2026, at 11:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of KKR stock.