UBS cuts target for KKR stock from USD 123.00 to USD 122.00

Published on 10/19/2026 at 10:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS cut its target from USD 123.00 to USD 122.00 on October 13, 2026. KKR stock costs EUR 77.34 on October 19, 2026 in German trading.

Analyst view and company calendar

UBS lowered its KKR target from USD 123.00 to USD 122.00 on October 13, 2026.
KKR and TotalEnergies added 700 MW to their 1.4 GW renewable-energy joint venture on October 12, 2026.
KKR stock trades at EUR 77.34 at 10:13 a.m. CEST at Lang & Schwarz on October 19, 2026.
KKR is scheduled to report third-quarter 2026 results on November 9, 2026.

KKR, US48251W1045, Illustration mit AI erstellt.

KKR (ISIN US48251W1045) was quoted at EUR 77.34 at Lang & Schwarz on October 19, 2026 at 10:13 a.m. CEST. The latest analyst action came from UBS, which cut its price target from USD 123.00 to USD 122.00 while maintaining a Buy rating on October 13, 2026, according to MarketBeat.

Three dated signals for KKR

On October 5, 2026, KKR announced an agreement to acquire Gen II Fund Services for more than USD 5.00 billion, according to the company's investor-relations page. On October 12, 2026, KKR and TotalEnergies announced an agreement to add 700 megawatts to their 50/50 US renewables joint venture, which already held 1.4 gigawatts, according to KKR. On October 13, 2026, UBS lowered its target to USD 122.00 from USD 123.00, as reported by MarketBeat.

What does the solar expansion add?

The renewable portfolio gives the joint venture 2.1 gigawatts of capacity if the new assets are completed. The transaction covers three utility-scale solar projects in Texas and Ohio, with commercial operation dates expected in the first quarter of 2027. The portfolio carries an enterprise value of USD 1.20 billion, and electricity from the assets is already sold to third parties or will be marketed by TotalEnergies, according to KKR.

KKR's second-quarter 2026 results provide a separate earnings reference. The company reported USD 1.63 in earnings per share against a USD 1.43 consensus estimate, while revenue reached USD 5.73 billion versus a USD 2.55 billion consensus estimate, according to MarketBeat. The figures show that the strong second-quarter earnings comparison has not prevented a more cautious sequence of target revisions.

Next reporting date

KKR's next scheduled reporting event is its third-quarter 2026 financial results conference call on November 9, 2026, at 10:00 a.m. ET, according to the company's investor-relations page. That date gives the market a defined test for earnings expectations after the recent target changes.

Price stays the market reference

KKR was trading at EUR 77.34 at Lang & Schwarz on October 19, 2026 at 10:13 a.m. CEST. On the NYSE, the stock closed at USD 86.21 on October 16, 2026.

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