NYSE: KMT

Kennametal (KMT) Stock Analysis & Forecast

Oct 12 close

$31.64−0.28 (−0.9%)

Gekko Brief

AI summaryOct 12 close

Kennametal's week was shaped by a mix of product news, oil-driven market weakness, and conflicting analyst actions. The company introduced an expanded tooling portfolio spanning turning, milling, threading, and tooling systems aimed at improving precision and productivity. Shares also fell alongside several other names after reports of explosions in Saudi Arabia and escalating clashes near shipping straits pushed crude oil prices higher. On the analyst front, Argus raised its target price to $37.00 while JPMorgan Chase & Co. cut its target to $30.00 and maintained an "underweight" rating, even as the company's latest quarterly report exceeded earnings and revenue expectations.

Kennametal closed at $31.64, down 0.9%, sitting between its 50-day average of $30.89 and 200-day average of $34.61. The GekkoIndex reads 54.7, placing the stock in the Neutral zone, up 8.6 over five days. Gekko Fair Value stands at $35.75, putting the current price 11.5% below that level.

Kennametal next reports earnings on 4 November 2026, 23 days away, falling inside a typical 20-trading-day holding window; its last report beat estimates with adjusted EPS of $2.96 versus $2.31 expected, though shares reacted by -6.1%. Over the last 90 days, insiders made 2 open-market purchases totaling $354,750. Seasonally, the next 20 trading days have averaged a 13.7% return over 5 years, rising in 4 of them. Analyst consensus among 7 firms shows 0 buy, 3 hold, and 4 sell ratings, with a consensus target of $32.43.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Kennametal price vs fair value

$35.75$31.64Oct ’25Apr ’26Oct ’26
Close $31.64200-day averageGekko Fair Value $35.75

Kennametal quick facts

Market cap
$2.41B
P/E ratio
7.2
Forward P/E
21.4
EPS, TTM
$4.42
Revenue, TTM
$2.36B
Profit margin
14.5%
Dividend yield
2.48%
Beta
1.32
Volume
827,332 avg 1.33M
1-year return
+49.0%
Typical daily move
±3.6%
Typical 20-day move
±6.5%
50-day average
$30.89
200-day average
$34.61
Next earnings
Nov 4
Shares outstanding
76.39M
52-week range
$20.38$43.81

Kennametal swing-trade checklist

Kennametal scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $31.64 sits between the 50-day ($30.89) and 200-day ($34.61) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    54.7, Neutral

    Reading 54.7 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    11.5% below

    Price is 11.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 2 open-market insider purchases.

    See smart money
  • Earnings riskheadwind

    Reports in 23 days

    Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +13.7% on average

    From this point in the calendar, the next 20 trading days averaged +13.7% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Kennametal stock chart and price history

Kennametal closed at $31.64 on Oct 12, 2026, +49.0% over the past year, inside a 52-week range of $20.38 to $43.81.

Close50-day average200-day averageVolume
Kennametal share price, past year, with 50-day and 200-day moving averages and volume$20$25$30$35$40NovDecJan 2026FebMarAprMayJunJulAugSepOct31.64

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+7.5%
3 months
−7.8%
6 months
−20.0%
1 year
+49.0%
The full KMT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open KMT in Gekko

Follow Kennametal through every session

Put KMT on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track KMT in GekkoFree for 7 days. No credit card required.

About Kennametal

Kennametal makes hard materials such as tungsten carbides, ceramics and super-hard compounds that hold up under heavy wear, high heat and corrosion. These materials go into tools and components used in metal cutting and other demanding industrial settings, and the company is recognized for this materials expertise. Its customers span transportation, machine tools, light and heavy machinery, aerospace, and energy, including oil and gas and power generation.

The business runs through two segments. Metal Cutting supplies turning, milling and hole-making tools, integrated tooling systems, wear-resistant parts, metallurgical powders and related technical support, along with help on product design and application. Infrastructure makes items like compacts, nozzles and frac seats for oil, gas and petrochemical work, rod blanks and abrasive water jet nozzles, earth-cutting tools for mining, trenching, foundation drilling and road milling, tungsten carbide powders, and ceramics for packaging film and paper metallization. Products reach customers through direct sales, distributors, suppliers and online channels, under brands including Kennametal, WIDIA, WIDIA Hanita and WIDIA GTD.

Kennametal was founded in Pittsburgh, Pennsylvania, in 1938. Its shares are listed on the NYSE under the ticker KMT.

Listed
NYSE
Sector
Producer manufacturing
Industry
Industrial machinery
Website
kennametal.com

Kennametal GekkoIndex: the smart money zone

Kennametal’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 54.7, in the Neutral zone, up 8.6 points over five sessions.

010054.7Neutral

Up 8.6 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying26+1.2%+1.8%+2.0%−1.9%
Accumulation249+0.1%+0.5%+0.8%+2.0%
Neutral (current zone)357+0.4%+0.4%+0.9%+3.8%
Distribution48+0.4%+2.1%+4.6%+5.3%
Selling2Too few readings yet

Average KMT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the KMT price, zone by zone.Track KMT in Gekko

Is Kennametal stock overvalued? Gekko Fair Value

Kennametal trades 11.5% below Gekko Fair Value of $35.75, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Kennametal shares are worth, recalculated every trading day.

$35.75

Gekko Fair Value, Oct 10, 2026

11.5% Undervalued

At the end of Aug 2026 the price was 22.7% below the estimate.

Gekko Fair ValueShare price, month end
$36$32Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open KMT in Gekko

Kennametal insider and Congress trading

Insiders filed 2 open-market purchases in Kennametal worth $355K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$355Kin 2 open-market purchases

FiledInsiderTypeSharesValue
Sep 11Chowbey Sanjay
officer: President and CEO
Purchase7,000$204K
Sep 8HARSHMAN RICHARD J
director
Purchase5,000$151K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in KMT were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for KMT, plotted on the chart in Gekko.Open KMT in Gekko

Buybacks

Kennametal has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$38K
As a share of market cap
0.00%

From company filings.

Kennametal earnings: next date and track record

Kennametal reports on Nov 4, 2026 (23 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±10.5%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+10.4%Nov ’24−6.4%Feb ’25+4.6%May ’25−20.5%Aug ’25+17.9%Nov ’25+7.0%Feb ’26+11.2%May ’26−6.1%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Kennametal reported strong fiscal 2026 results with full-year organic sales up 19% YoY, adjusted EPS of $4.57 vs $1.34 prior year, and adjusted EBITDA margin of 26.9% vs 15.2% prior year. Growth was driven by aerospace, defense, energy, and transportation end markets, plus pricing actions tied to elevated tungsten costs. Free operating cash flow was negative $79M due to working capital pressures from tungsten prices. The company returned $71M to shareholders and realized $27M in restructuring savings.
Guidance
Kennametal targets $110M in cumulative restructuring savings by end of fiscal 2027. Management is pursuing growth in aerospace CFRP tooling, a ~$500M market growing 9% annually through 2028, alongside AI data center, defense, and mining opportunities.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$2.96
est $2.31
+28.1%$736.6M
est $725.7M
+1.5%−6.1%
May 6, 2026$0.77
est $0.67
+14.9%$592.6M
est $568.0M
+4.3%+11.2%
Feb 4, 2026$0.47
est $0.35
+34.3%$529.5M
est $522.9M
+1.3%+7.0%
Nov 5, 2025$0.34
est $0.24
+41.7%$498.0M
est $499.0M
−0.2%+17.9%
Aug 6, 2025$0.34
est $0.40
−15.0%$516.4M
est $485.1M
+6.5%−20.5%
May 7, 2025$0.47
est $0.26
+80.8%$486.4M
est $516.4M
−5.8%+4.6%
Feb 5, 2025$0.25
est $0.26
−3.8%$482.1M
est $488.6M
−1.3%−6.4%
Nov 6, 2024$0.29
est $0.26
+11.5%$481.9M
est $484.1M
−0.4%+10.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Kennametal stock forecast and analyst price targets

Analysts’ average 12-month price target for Kennametal is $32.43, +2.5% from the last close, from 7 firms rating the stock in the last 90 days.

$32.43consensus 12-month target, +2.5% from the last close
Low $27High $35
Buy0
Hold3
Sell4

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 8J.P. MorganSell, reiterated$30−5.2%
Aug 11D.A. DavidsonHold, reiterated$30−5.2%
Aug 10UBSHold, reiterated$35+10.6%
Aug 10Morgan StanleySell, downgraded$27−14.7%
Aug 7KeyBancHold, maintained——
+0.9%average 20-day move after past Neutral readings
+13.7%average move over the next 20 trading days in the last 5 years
±3.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Kennametal seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Kennametal averaged +13.7% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+12.2%2021+10.9%2022−7.5%2023+18.6%2024+28.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.9%5 of 5
Next 10 trading days+5.9%4 of 5
Next 15 trading days+7.9%4 of 5
Next 20 trading days+13.7%4 of 5
Next 30 trading days+14.0%4 of 5

For scale, KMT’s typical 20-trading-day move in either direction is about 6.5%.

Kennametal market cap and key statistics

Kennametal’s market cap is $2.41B, with a P/E ratio of 7.2 and revenue of $2.36B over the last twelve months.

Valuation

Market cap
$2.41B
P/E ratio
7.2
Forward P/E
21.4
EPS, TTM
$4.42
Gekko Fair Value
$35.75

Trading

Volume
827,332
Avg volume, 20 days
1.33M
52-week high
$43.81
52-week low
$20.38
Shares outstanding
76.39M

Financials

Revenue, TTM
$2.36B
Profit margin
14.5%
Return on equity
23.8%
Quarterly earnings growth, YoY
+929.0%

Risk and income

Beta
1.32
Typical daily move
±3.6%
Typical 20-day move
±6.5%
Dividend yield
2.48%

Kennametal stock news this week

Coverage of Kennametal this week reads neutral: 4 positive, 11 neutral and 3 negative headlines.

News sentiment neutral

Kennametal peers

Kennametal’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AMATApplied Materials−0.7%Neutral9.5% below
LRCXLam Research−1.7%Neutral4.7% above
PHParker-Hannifin−0.1%Neutral2.7% above
TTTrane Technologies+0.5%Neutral19.6% above
JCIJohnson Controls International−1.0%Neutral14.4% above
CARRCarrier Global+0.1%Accumulation4.0% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Kennametal stock FAQ

What is Kennametal’s market cap?

Kennametal’s market cap is $2.41B at the Oct 12, 2026 close of $31.64, with 76.39M shares outstanding. The shares trade on a P/E ratio of 7.2.

What is the Kennametal stock forecast?

The consensus analyst 12-month price target for Kennametal is $32.43, +2.5% from the last close. Of the 7 firms that rated the stock in the last 90 days, 0 rate it a buy, 3 a hold and 4 a sell. Gekko doesn’t publish price predictions of its own.

Is Kennametal stock overvalued or undervalued?

On Gekko’s estimate Kennametal is undervalued: the Oct 12, 2026 close of $31.64 is 11.5% below Gekko Fair Value of $35.75. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Kennametal report earnings next?

Kennametal is expected to report on Nov 4, 2026 (23 days away). Analysts expect earnings of $2.65 per share on revenue of $770.4M. Kennametal beat the earnings estimate in 6 of its last 8 reports, moving 10.5% on average across the report.

What is Kennametal’s 52-week high and low?

Kennametal’s 52-week high is $43.81 and its 52-week low is $20.38; it closed at $31.64 on Oct 12, 2026, +49.0% over the past year.

Is Kennametal stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (fair value, smart money and seasonality), 2 as mixed (trend and gekkoindex) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Kennametal the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,408 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.