JPMorgan cuts target for Kennametal stock to USD 30.00

Published on 10/15/2026 at 20:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kennametal's next earnings call is November 4, 2026. Kennametal stock costs EUR 27.30 on October 15, 2026, down 0.81 percent on Nasdaq.

Target and calendar shape trading

JPMorgan lowered its Kennametal target from USD 34.00 to USD 30.00 on October 8, 2026.
Kennametal's fiscal first-quarter 2027 earnings call is scheduled for November 4, 2026.
Kennametal stock costs EUR 27.30 at Lang & Schwarz on October 15, 2026 at 8:18 p.m. CEST, down 0.81 percent on Nasdaq versus the prior close of October 14, 2026.
Kennametal had a USD 2.3 billion market capitalization and a P/E ratio of 6.97 on October 15, 2026.

KMT, US4891701009, Illustration mit AI erstellt.

Kennametal (ISIN US4891701009) faces a lower analyst target after JPMorgan Chase & Co. cut its price objective from USD 34.00 to USD 30.00 in an October 8, 2026 research note, as MarketBeat reported. The target is 2.17 percent below the NYSE price of USD 30.65. At Lang & Schwarz, the stock was EUR 27.30 on October 15, 2026 at 8:18 p.m. CEST, while the NYSE quote was down 0.81 percent versus its prior close.

November 4 sets the next date

Kennametal will hold its fiscal first-quarter 2027 earnings call on November 4, 2026, at 9:30 a.m. ET. The date was announced on October 14, 2026, in a release carried by StockTitan. The release says the earnings materials will be published before the market opens on that date.

Price sits below the yearly high

The NYSE quote stood at USD 30.65 at 2:26 p.m. ET on October 15, 2026, compared with a prior close of USD 30.90. Trading volume was 439,640 shares, versus an average volume of 1,432,137 shares. That places activity at 30.70 percent of the average.

Kennametal's 52-week range was USD 21.70 to USD 43.81 on October 15, 2026. The stock was 30.04 percent below the high and 41.24 percent above the low, leaving the range wider than the current daily move.

Valuation and recent earnings

Market capitalization was USD 2.3 billion on October 15, 2026, while the trailing P/E ratio was 6.97 and the dividend yield was 3.00 percent. The valuation figures place the company in a smaller industrial-tools segment rather than among the largest industrial manufacturers.

In the fourth quarter of fiscal 2026, adjusted earnings per share reached USD 2.96 versus a consensus estimate of USD 2.31, while sales were USD 736.6 million. Zacks reported those fiscal fourth-quarter figures on September 4, 2026.

Comparison with peers

Kennametal (NYSE, USD): minus 0.81 percent, P/E 6.97, market capitalization USD 2.3 billion.
Manitowoc (NYSE, USD): minus 1.34 percent, P/E 40.11, market capitalization USD 0.8 billion.
Terex (NYSE, USD): minus 0.56 percent, P/E 26.36, market capitalization USD 5.9 billion.

Trading view for German investors

The euro quote gives German investors a separate after-hours indication, while the NYSE session supplies the home-market comparison. Kennametal's next scheduled earnings date provides the clearest calendar marker for the stock after the October 8 target cut.

At Lang & Schwarz, Kennametal was trading at EUR 27.30 on October 15, 2026 at 8:18 p.m. CEST. On the NYSE, it stood at USD 30.65 at 2:26 p.m. ET, down 0.81 percent from the USD 30.90 prior close. The further course of trading is shown by the continuously updated real-time quote of Kennametal stock.