- KKR & Co. reports a mixed first-quarter performance with operational earnings rising despite a GAAP EPS loss.
- Analysts maintain a positive outlook with a notable upside potential for KKR's stock price.
- GF Value suggests potential downside, highlighting contrasting projections for investors to consider.
KKR & Co. (NYSE: KKR) recently revealed its first-quarter financial results, showcasing a complex performance landscape. Despite a GAAP EPS loss of $0.22 and a significant 67.8% revenue drop to $3.11 billion year-over-year, the company's operational metrics showed resilience. Fee Related Earnings (FRE) surged by 23% to $823 million, while Total Operating Earnings (TOE) climbed 16% to $1.1 billion, underlining the firm's operational strength amid challenging conditions.
Wall Street Analysts' Forecast and Insights
In light of these results, Wall Street analysts have projected a positive trajectory for KKR & Co. Inc's stock. The collective insights from 18 analysts present an average one-year price target of $141.79, with estimates ranging from a low of $114.00 to a high of $194.00. This suggests a potential upside of 24.08% from its current trading price of $114.27. To explore more detailed forecasts, investors can visit the KKR & Co Inc (KKR, Financial) Forecast page.
The consensus among 21 brokerage firms positions KKR & Co Inc's recommendation at an average of 1.8, indicating an "Outperform" rating. The rating scale operates from 1 to 5, where 1 represents a Strong Buy and 5 signifies a Sell.
GF Value Analysis: A Contrasting View
Adding another layer of analysis, GuruFocus estimates present a differing viewpoint through the GF Value. According to these estimates, the fair value of KKR & Co Inc (KKR, Financial) in one year is calculated to be $52.41. This figure suggests a potential downside of 54.13% from the current market price of $114.27. The GF Value is derived from the stock's historical trading multiples alongside past business growth metrics and future performance forecasts. For a more comprehensive overview, the KKR & Co Inc (KKR) Summary page offers additional insights.
These varying assessments illustrate the dynamic and contrasting perspectives present in KKR's financial landscape. Investors should consider both the optimistic analyst forecasts and the more cautious GF Value projection when evaluating potential investments in KKR & Co Inc.
