Kadant stock carries a USD 380 analyst target amid CEO change

Published on 10/05/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kadant stock traded at USD 269.06 on October 5, 2026, while Barrington maintained a Buy rating and a USD 380 target on October 1. Q2 revenue reached USD 313 million.

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Kadant (ISIN US48282T1043) was trading at USD 269.06 on the NYSE on October 5, 2026 at 10:31 a.m. ET, up 0.09 percent during the session. The immediate catalyst is an October 1 analyst update in which Barrington maintained a Buy rating on Kadant and set a USD 380 price target, as Markets Insider reported.

Revenue reached USD 313 million

Kadant's second quarter ended July 4, 2026, produced revenue of USD 313 million, an increase of 23 percent from the comparable period, according to Kadant. The quarter also included GAAP diluted earnings per share of USD 2.75 and adjusted earnings per share of USD 3.42, giving the stock a fundamental anchor beyond the analyst target.

The company's Q2 2026 gross margin was 44 percent, while operating cash flow reached USD 53.51 million in the quarter. These figures show why the USD 380 target is tied to an operating business that combines equipment sales with recurring service demand.

CEO transition starts October 1

Kadant said on September 10, 2026, that Michael C. Colwell would become president and chief operating officer on October 1, 2026, before becoming president and chief executive officer on January 2, 2027. Jeffrey L. Powell is scheduled to become executive chairman on January 2, 2027, keeping leadership continuity at the center of the transition.

The succession plan also carries a concrete financial commitment. Powell's annualized base salary is set at USD 998,900 through January 2, 2027, and USD 499,450 afterward through his planned retirement on January 1, 2028, according to the company's September 10 filing.

Consensus target sits 34.4 percent higher

MarketScreener lists an Outperform consensus from four analysts and an average price target of USD 361.67. Compared with the NYSE price of USD 269.06 on October 5, 2026, that target lies 34.4 percent above the price.

Kadant also declared a quarterly cash dividend of USD 0.36 per share on September 10, 2026. The dividend is payable on November 12, 2026, to shareholders of record on October 15, 2026, according to MarketScreener.

Stock remains below its yearly high

Kadant was trading at USD 269.06 on October 5, 2026 at 10:31 a.m. ET on the NYSE, with a 52-week range of USD 244.87 to USD 354.07. Its market capitalization was USD 3.2 billion and volume was 9,882 shares at that time, placing the current quote below the year's high while the analyst targets remain materially higher.