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

Published on 10/21/2026 at 16:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 5.73 billion for the second quarter. KKR stock costs EUR 79.80 on October 21, 2026, down 0.10 percent versus the Tradegate close.

Piper Sandler lowers USD 121.00 target

Piper Sandler lowered its KKR target from USD 128.00 to USD 121.00 on October 19, 2026.
Second-quarter revenue was USD 5.73 billion, while earnings per share reached USD 1.63 versus USD 1.43 expected.
KKR stock costs EUR 79.80 at Lang & Schwarz on October 21, 2026 at 4:35 p.m. CEST, 0.10 percent below the Tradegate close.
KKR's next third-quarter results conference call is scheduled for November 9, 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 revised target is 35.29 percent above KKR's USD 89.44 NYSE price at 10:42 a.m. ET on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 79.80 on October 21, 2026 at 4:35 p.m. CEST, down 0.10 percent versus the Tradegate close of October 20, 2026 at EUR 79.88.

Second-quarter revenue reached USD 5.73 billion

KKR reported USD 5.73 billion in revenue for the second quarter of 2026, while earnings per share came to USD 1.63 against a USD 1.43 consensus estimate, according to MarketBeat in its October 19, 2026 report. The result gives the analyst debate a concrete operating reference, even as Piper Sandler reduced its valuation assumption to USD 121.00.

KKR trades near its yearly low

KKR's USD 82.67 to USD 144.84 52-week range, measured on October 21, 2026, places the USD 89.44 NYSE price 8.19 percent above the low and 38.25 percent below the high. The latest NYSE quote was up 0.26 percent at 10:42 a.m. ET, while market capitalization stood at USD 80.3 billion and the price-to-earnings ratio was 28.13.

Valuation meets a November date

KKR's investor-relations page identifies the company as NYSE: KKR and lists the third-quarter 2026 results conference call for November 9, 2026 at 10:00 a.m. ET, according to KKR. The scheduled date gives investors the next defined point for testing revenue, earnings and the outlook against current analyst assumptions.

Comparison with peers

KKR: down 0.10 percent versus the Tradegate close, price-to-earnings ratio 28.13, market capitalization USD 80.3 billion as of October 21, 2026.
Blackstone: down 0.85 percent on October 21, 2026, price-to-earnings ratio 24.34, market capitalization USD 125.9 billion.
Apollo Global Management: up 0.95 percent on October 21, 2026, price-to-earnings ratio 25.12, market capitalization USD 66.3 billion.

The target gap remains wide

The Piper Sandler target of USD 121.00 is 35.29 percent above KKR's USD 89.44 NYSE price, while the euro quotation remains only 0.10 percent below the Tradegate close. That contrast leaves the analyst target as the clearest valuation marker ahead of the November 9 results call. The further course of trading is shown by the continuously updated real-time quote of KKR stock.