Positive context积极背景
Stocks股票 / Tech / KD
Kyndryl · Tech
KD US listed · USD美股 · 美元
Kyndryl Holdings, Inc. is an American multinational corporation headquartered in New York City.Kyndryl Holdings, Inc. 是一家总部位于纽约市的美国跨国公司。
Mid cap中盘 · $3B
Tech
S&P 400标普400中盘
Distressed困境股
$11.60
-$0.14 · -1.19%
52w low52周低 $9.09high高 $31.53
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-09-28截至 2026-09-28
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-28
Momentum (RSI 14)动量（RSI 14）
36
Depressed偏低
vs 50-day average相对50日均线
-10.2% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-24.1% below下方
Long trend down长期向下
Volatility波动率
38th percentile第38百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-11-0336
Estimates being cut预期下调
Mixed — beat 1 of last 4 quarters表现不稳 — 近 4 季中 1 季超预期
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 -18.5%
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | KD | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/B市净率 | 2.19x | 5.73 | |
| P/S市销率 | 0.17x | 4.81 | |
| FCF yield自由现金流收益率 | 13.00% | 3.03 | |
| Shareholder yield股东收益率 | 11.62% | 2.05 | |
| P/FCF市值/自由现金流 | 7.69x | 29.43 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$15.1B2026
20212026
5-yr growth5年复合增速 -5.2%
Earnings per share每股收益
$0.852026
20212026
Free cash flow自由现金流
$340.0M2026
20212026
FCF margin自由现金流利润率
6.3%
Balance-sheet quality财务体质 4/8
Bankruptcy risk: distress zone破产风险：警戒区
Warning警示
Leverage杠杆
Current ratio流动比率0.88
Capital allocation资本配置
Stock-based comp股权薪酬$64.0M
Share count change (1y)股数变化（1年）-3.1%
Debt coming due到期债务
FY2026 10-KIn the 12-month bucket following fiscal period end 2026-03-31, it reported $710.0M due — about 24% of its disclosed principal.在财年期末 2026-03-31 之后12个月的区间内，已披露到期本金为 $710.0M，约占其披露本金的 24%。
All maturity buckets are measured from fiscal period end 2026-03-31, not from today.所有到期区间均从财年期末 2026-03-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$710.0M
Year 2第2年
not reported未披露
Year 3第3年
$500.0M
Year 4第4年
not reported未披露
Year 5第5年
not reported未披露
After year 55年以后
$1.7B
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001104659-26-067881, period ending报告期截至 2026-03-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-27T08:37:45.606291+00:00.
3/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Quiet — no confirmed driver平静 — 无明确驱动
Technical技术面
KD broke down vs the marketKD 相对市场走弱
Signal history信号历史
engine events引擎事件
BOTTOMING → DOWNTREND筑底中 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases)回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）
Sep 24, 2026
KD broke down vs the marketKD 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $11.74.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$11.74。
Sep 16, 2026
KD daily MACD crossed downKD 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $12.84.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$12.84。
Sep 14, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Sep 14, 2026
KD daily MACD crossed upKD 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $13.57.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$13.57。
Sep 11, 2026
TOPPING → NEARING A HIGH做顶中 → 接近高点
TAKE PROFITS止盈
Sep 9, 2026
NEARING A LOW → TOPPING接近低点 → 做顶中
SELL SETUP卖出预备
Sep 8, 2026
BUY ZONE → NEARING A LOW买入区 → 接近低点
GET READY准备
Sep 8, 2026
KD daily MACD crossed downKD 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $12.79.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$12.79。
Sep 3, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Sep 3, 2026
KD daily MACD crossed upKD 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $13.34.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$13.34。
Showing the last 15 of显示最近15条，共 266 signals条信号
Company profile公司档案
Kyndryl Holdings, Inc. is an American multinational corporation headquartered in New York City.Kyndryl Holdings, Inc. 是一家总部位于纽约市的美国跨国公司。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Above market高于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Shareholder payout股东回报
Above market高于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Short interest空头兴趣
Above market高于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Book市净率 | 2.2× | 5.7× | 86% |
| Price / Sales市销率 | 0.2× | 4.8× | 99% |
| Free-cash-flow yield自由现金流收益率 | 36.2% | 3.8% | 99% |
| Shareholder yield股东综合回报率 | 11.6% | 2.0% | 96% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
3/100 — weaker than most弱于多数
vs market, 3 months相对大盘（3个月）
70/100 — stronger than most强于多数
vs market, 6 months相对大盘（6个月）
27/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
3/100 — weaker than most弱于多数
Rank in sector行业内排名
#204 / 221
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -3.9% | +1.3% |
| 1 Month近1月 | -8.5% | +0.9% |
| 3 Months近3月 | +2.5% | +6.1% |
| 6 Months近6月 | -6.1% | +22.3% |
| Year to date年初至今 | -54.5% | +13.8% |
| 1 Year近1年 | -62.1% | +18.5% |
| 3 Years近3年 | -23.0% | +87.8% |
Trading information交易信息
Beta vs market贝塔
0.82
Volatility rank波动率分位
38th pctile
Short interest空头占比
13.7% of float
Market cap市值
$3B
Off 52-week high距52周高点
-62.1%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20212021 | 20232023 | 20242024 | 20252025 | 20262026 | |
|---|---|---|---|---|---|
| Revenue营业收入 | $18.7B | $17.0B | $16.1B | $15.1B | $15.1B |
| EPS每股收益 | $-10.35 | $-6.06 | $-1.48 | $1.05 | $0.85 |
| Free cash flow自由现金流 | $-871M | $-84M | $-197M | $337M | $340M |
| Gross margin毛利率 | 11.2% | 14.8% | 17.8% | 20.9% | 21.8% |
| Net margin净利率 | -12.4% | -8.1% | -2.1% | 1.7% | 1.3% |
| FCF margin自由现金流利润率 | -4.7% | -0.5% | -1.2% | 2.2% | 2.3% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$15.1B
Operating cash flow经营现金流
$948M
Total assets总资产
$11.3B
Shareholder equity股东权益
$1.2B
Long-term debt长期负债
$2.9B
Buybacks股票回购
$304M
Shares outstanding总股本
0.23B
Returns & growth回报与增长
Debt / assets负债/资产
25.7%
Asset growth资产增速
+13.6%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 5 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 5 个财年间走高——盈利的现金支撑减弱
- Working capital: working capital roughly in line with sales营运资本：营运资本与销售大致同步
- Pricing power: gross margin +10.6pts over 5 years定价能力：毛利率 5 年上升 10.6 个百分点
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: Altman Z 1.06 — distress zone资产负债表：Altman Z 1.06——困境区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
36
RSI (2-day)RSI（2日）
6
vs 20-day average相对20日均线
-9.1%
vs 50-day average相对50日均线
-10.2%
vs 200-day average相对200日均线
-24.1%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
55/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $-0.19 | $-0.16 | -18.8% |
| Mar 2026 | $0.15 | $0.32 | -53.1% |
| Dec 2025 | $0.44 | $0.49 | -10.2% |
| Sep 2025 | $0.27 | $0.25 | +8.0% |
Estimate revisions预期修正
Analysts covering覆盖分析师
6
Estimate direction预期调整方向
mostly cutting多数下调
Estimate change, 90 days预期变化（90天）
-5.6%
Net upgrades, 30 days净上调（30天）
-2
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Short interest空头占流通盘
13.7%
Days to cover回补天数
9.8
Short interest change空头变化
+1.9%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Feb · 67%
Weakest month最弱月份
Sep · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 33% | -0.8% | 3 |
| Feb2月 | 67% | +1.2% | 3 |
| Mar3月 | 33% | -0.5% | 3 |
| Apr4月 | 67% | +4.9% | 3 |
| May5月 | 67% | +19.5% | 3 |
| Jun6月 | 33% | -0.9% | 3 |
| Jul7月 | 67% | +2.3% | 3 |
| Aug8月 | 50% | +0.4% | 4 |
| Sep9月 | 0% | -5.4% | 4 |
| Oct10月 | 0% | -2.7% | 3 |
| Nov11月 | 67% | +22.0% | 3 |
| Dec12月 | 67% | +3.0% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。