KKR stock: Piper Sandler cuts target for KKR stock to USD 121.00

Published on 10/20/2026 at 16:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KKR reports third-quarter results on November 9, 2026 before trading opens. KKR stock costs EUR 78.85 on October 20, 2026 at 4:12 p.m. CEST.

Analyst target and reporting date

Piper Sandler lowered its KKR target from USD 128.00 to USD 121.00 on October 19, 2026.
KKR plans to publish third-quarter 2026 results on November 9, 2026 before trading opens.
KKR stock costs EUR 78.85 at Lang & Schwarz on October 20, 2026 at 4:12 p.m. CEST.
KKR had a USD 80.2 billion market capitalization and a P/E ratio of 28.04 as of October 20, 2026.

KKR, US48251W1045, Illustration mit AI erstellt.

Piper Sandler lowered its KKR price target from USD 128.00 to USD 121.00 on October 19, 2026, while maintaining an Overweight rating, according to MarketBeat. The new target is 35.36 percent above KKR's USD 89.39 NYSE quote at 10:28 a.m. ET on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 78.85 on October 20, 2026 at 4:12 p.m. CEST.

Analysts still see upside

The Piper Sandler change leaves the latest target below its previous level but above the current US share price. MarketBeat also reported 17 Buy ratings and four Hold ratings on October 19, 2026, with a consensus target of USD 124.21.

KKR stock stays near its yearly low

KKR's USD 82.67 to USD 144.84 52-week range puts the NYSE quote of USD 89.39 only 8.13 percent above the low and 38.29 percent below the high as of October 20, 2026. The quote carried a volume of 592,355 shares at 10:28 a.m. ET. Its market capitalization stood at USD 80.2 billion and its P/E ratio was 28.04.

What does the target imply?

The USD 121.00 target is 35.36 percent above the USD 89.39 NYSE quote, using the same-currency values. That calculation places the analyst view well above the current market level, while the 52-week range shows that KKR remains much closer to its annual low than its high.

Results arrive November 9

KKR plans to release third-quarter 2026 results before the New York Stock Exchange opens on November 9, 2026, followed by a conference call at 10:00 a.m. ET, according to Business Wire. The date gives investors the next fixed point for testing the earnings outlook against the analyst targets.

Peer valuation in view

Comparison with peers

KKR: up 2.75 percent, P/E 28.04, market capitalization USD 80.2 billion, NYSE.
Blackstone (NYSE, USD): up 3.63 percent, P/E 24.55, market capitalization USD 127.7 billion.
Apollo Global Management (NYSE, USD): up 1.81 percent, P/E 25.20, market capitalization USD 66.7 billion.

Price and investor perspective

KKR's euro quote at Lang & Schwarz was EUR 78.85 on October 20, 2026 at 4:12 p.m. CEST. The next dated catalyst is the November 9 results release, while Piper Sandler's USD 121.00 target remains 35.36 percent above the NYSE quote of USD 89.39.

The further course of trading is shown by the continuously updated real-time quote of KKR stock.