UBS Cuts KKR Price Target to $122

UBS reiterated its Buy rating on KKR & Co. Inc. (NYSE: KKR) on October 13, 2026, with a price target of $122.00, slightly down from $123.00. This rating reflects UBS's continued confidence in the firm's potential for growth in the financial services sector.

KKR's stock was recently trading at $86.40 as of October 16, 2026, which is about 29.2% below the new price target set by UBS. This suggests that the stock may have room to grow, depending on market conditions and the firm's performance.

Other Institutional Activity in KKR

Several other institutional investors have also been active in KKR recently. BlackRock Inc. grew its holdings by 566,693 shares, totaling 45,188,181 shares worth about $3.9 billion. Vanguard Capital Management LLC added 537,134 shares, bringing its total to 44,564,501 shares valued at approximately $3.8 billion. Capital International Investors increased its stake by 1,254,322 shares, ending with 36,389,402 shares worth around $3.1 billion. State Street Corporation added 781,235 shares, totaling 29,293,443 shares valued at about $2.5 billion. FMR, LLC also made a notable increase, adding 3,240,104 shares for a total of 21,566,484 shares worth about $1.9 billion.

KKR & Co. Inc. Stock Down 12.6%

KKR's stock is currently trading at $86.40, which is significantly below UBS's price target of $122.00. This position indicates potential upside for investors if the firm can capitalize on its growth strategies. The stock is also trading below its recent highs, suggesting it might be an attractive option for those looking to enter the market.

Recent Earnings

KKR reported trailing twelve-month revenue of approximately $25.8 billion, reflecting a year-over-year growth of 7.8%. The company's earnings per share (EPS) stood at $3.13, with a net margin of 12.2%. The next earnings report is expected on November 5, 2026, which could provide further insights into the firm's performance.

Insider Buying and Selling at KKR & Co. Inc.

Insider transactions at KKR show significant buying activity. CEO Joseph Y. Bae purchased 50,000 shares at an average price of $88.56 on February 27, 2026, totaling about $4.4 million. Director Mary N. Dillon bought 22,225 shares at $90.96 on March 2, 2026, valued at approximately $2.0 million. Another Director, Timothy R. Barakett, acquired 50,000 shares at an average price of $94.47 on March 4, 2026, totaling about $4.7 million. On September 3, 2026, Officer Dane E. Holmes sold 10,000 shares at $108.58, worth about $1.1 million.

Analysts Set New Price Targets

On October 13, 2026, UBS maintained its Buy rating on KKR with a target price of $122.00, down from $123.00. Other analysts have also recently weighed in; for instance, Oppenheimer maintains an Outperform rating with a target of $166.00, while Barclays holds an Overweight rating with a target of $130.00. The consensus among analysts suggests a positive outlook for KKR moving forward, with a variety of ratings reflecting confidence in the company's future.

About KKR & Co. Inc.

KKR & Co. Inc. is a leading private equity and real estate investment firm based in New York. It specializes in a wide range of investment strategies, including acquisitions and leveraged buyouts, focusing on both direct and fund-of-fund investments. The firm's expertise in various financial sectors positions it well for continued growth.

Bottom Line

Investors should keep an eye on KKR as it prepares for its upcoming earnings report on November 5, 2026. With UBS maintaining a Buy rating and a target price of $122.00, the firm appears poised for potential growth in the coming months.