Kinaxis stock reports 16 percent Q2 revenue growth on SaaS demand

Published on 10/06/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kinaxis stock follows Q2 revenue growth of 16 percent to USD 158.8 million, with SaaS revenue up 20 percent. Full-year guidance is USD 625 million to USD 640 million.

KXS, CA4825221092, Illustration mit AI erstellt.

Kinaxis stock (ISIN CA4825221092) was last at CAD 176.26 on October 5, 2026, after the company reported 16 percent Q2 revenue growth to USD 158.8 million. The quarterly figures also lifted SaaS revenue 20 percent year over year to USD 106.5 million, according to ScanX.

Guidance rises with SaaS growth

Kinaxis raised its full-year 2026 revenue guidance to USD 625 million to USD 640 million, a range representing 14 percent to 17 percent growth. SaaS revenue growth is projected at 18 percent to 20 percent, while adjusted EBITDA margin guidance remains at 25 percent to 26 percent, ScanX reported.

The shift toward recurring software is visible in the revenue mix. SaaS revenue reached USD 106.5 million, or 67 percent of Q2 revenue, compared with 65 percent a year earlier. Net profit increased 15 percent to USD 21.2 million, while diluted earnings per share rose 19 percent to USD 0.76.

Analysts see further upside

According to MarketBeat on September 26, 2026, seven analysts rated Kinaxis Buy, producing an average 12-month price target of CAD 203.12. That target lies 15.2 percent above the CAD 176.26 reference price.

Recent individual actions include Royal Bank of Canada setting a CAD 210.00 target with an Outperform rating on August 26, 2026, while National Bank Financial raised its target from CAD 200.00 to CAD 210.00 on August 7, 2026, according to MarketBeat.

Stock stays below its yearly high

The October 5 quote stood 10.72 CAD below the 52-week high of CAD 186.98 and 59.04 CAD above the 52-week low of CAD 117.22. Kinaxis stock had a daily change of 0.70 percent, with 75,192 shares traded and a market capitalization of CAD 4.8 billion.

MarketBeat reported on October 6, 2026, that the stock traded as low as CAD 171.80, below its 50-day moving average of CAD 173.91, before the last quoted level of CAD 176.26. The technical picture therefore puts the growth figures against a valuation that still depends on delivery of the raised guidance.

Kinaxis stock heads toward October event

Kinaxis will hold Kinexions EMEA 2026 from October 26 to October 28, 2026, in Barcelona, where the company plans to present its operational orchestration strategy and agentic AI capabilities, according to Kinaxis. The event gives investors a dated checkpoint for the company's Maestro strategy after the Q2 SaaS expansion.