TD Cowen cuts target for KKR stock from USD 118.00 to USD 103.00

Published on 10/15/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KKR stock costs EUR 76.55 on October 15, 2026 at Lang & Schwarz. Second-quarter revenue reached USD 5.73 billion, with results due November 9, 2026.

KKR dates and operating scale

TD Cowen cut its KKR target from USD 118.00 to USD 103.00 on October 12, 2026.
KKR reported USD 5.73 billion in revenue for the second quarter of 2026.
KKR stock traded at EUR 76.55 at 11:00 a.m. CEST at Lang & Schwarz on October 15, 2026.

KKR, US48251W1045, Illustration mit AI erstellt.

KKR & Co. Inc. (ISIN US48251W1045) faces a lower analyst valuation after TD Cowen cut its price target from USD 118.00 to USD 103.00 on October 12, 2026, while maintaining a Hold rating, as reported by The Stock Observer. The move puts the analyst target below the USD 118.00 level previously cited in the report.

Target cut meets a busy pipeline

KKR's latest company announcements point to continued expansion in alternative assets. On October 5, 2026, KKR announced an agreement to acquire Gen II Fund Services for more than USD 5 billion from Hg and General Atlantic, according to the KKR investor-relations page.

On October 12, 2026, KKR also announced that it and TotalEnergies would expand a joint venture through the addition of a 700 MW U.S. renewables portfolio, according to the same investor-relations page. The two announcements give the target cut a wider operating context, with fund administration and infrastructure both adding to KKR's activity mix.

What does the target cut change?

The lower USD 103.00 target does not erase the stronger operating figures from KKR's second quarter. Standardized financial data show revenue of USD 5.73 billion, net income attributable to common shareholders of USD 660.1 million and diluted earnings per share of USD 0.70 for the second quarter of 2026.

KKR's second-quarter revenue followed USD 4.32 billion in the first quarter of 2026, an increase of 32.61 percent between the two reported periods. The company also generated USD 3.25 billion in operating cash flow during the second quarter of 2026. These figures describe reported performance rather than the analyst's valuation judgment.

Three dates frame the stock

KKR's recent chronology includes USD 5.73 billion of revenue and USD 0.70 diluted earnings per share for the second quarter reported on July 30, 2026, the more than USD 5 billion Gen II transaction announced on October 5, 2026, and TD Cowen's USD 118.00 to USD 103.00 target cut on October 12, 2026. The first two company items are documented by KKR, while the analyst action was reported by TradingView.

Next reporting date is November 9

KKR's next scheduled reporting date is November 9, 2026, before the market opens, with the conference call set for 10:00 a.m. ET, according to MarketBeat. That release will test whether the second-quarter revenue scale and cash generation continue into the third quarter.

KKR stock stays tied to execution

KKR was trading at EUR 76.55 at Lang & Schwarz on October 15, 2026 at 11:00 a.m. CEST. The next catalyst is the November 9, 2026 reporting date, while the latest analyst target remains USD 103.00.

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