Kennametal stock | Price target for 2026, price & analyst rating

Kennametal

NYSE:KMT

$ 36,08

+ $0,47 (1,32%)

36,08 $

+$0,47 (1,32%)

End-of-day quote: 03/27/2026

Kennametal Stock Value

The analyst rating for NYSE:KMT is currently Hold.

Hold

Kennametal Company Info

EPS Growth 5Y

7,35%

Market Cap

$2,75 B

Long-Term Debt

$0,60 B

Short Interest

1,92%

Quarterly earnings

05/06/2026 (E)

Dividend

$0,81

Dividend Yield

2,25%

Founded

1938

Industry

Industrials

Country

United States

ISIN Number

US4891701009

Website

http://www.kennametal.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$37,00

2.55%

Last Update: 03/29/2026

Analysts: 7

Highest Price Target $47,50

Average Price Target $37,00

Lowest Price Target $28,50

In the last five quarters, Kennametal’s Price Target has risen from $21,46 to $31,11 - a 44,97% increase. Eight analysts predict that Kennametal’s share price will increase in the coming year, reaching $37,00. This would represent an increase of 2,55%.

Top growth stocks in the industrials sector (5Y.)

What does Kennametal do?

Kennametal Inc. (Kennametal) operates as a global industrial technology leader. The company helps customers across the aerospace and defense, earthworks, energy, general engineering and transportation end markets build their products with precision and efficiency. The company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials, and solutions used in metal cutting and extreme wear applications to keep customers up and running longer aga...

Kennametal Inc. (Kennametal) operates as a global industrial technology leader.

The company helps customers across the aerospace and defense, earthworks, energy, general engineering and transportation end markets build their products with precision and efficiency.

The company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials, and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The company brings together material science, technical expertise, innovation, and customer service in a way that allows it to anticipate customers' needs and help them overcome problems and achieve their manufacturing objectives.

The company’s standard and custom product offering spans metal cutting and wear applications including turning, milling, hole making, tooling systems and services, as well as specialized wear components and metallurgical powders. End users of the company’s metal cutting products include manufacturers engaged in a diverse array of industries, including transportation vehicles and components, machine tools and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. The company’s wear and metallurgical powders are used by producers and suppliers in equipment-intensive operations, such as road construction, mining, quarrying, oil and gas exploration, refining, production and supply, and for aerospace and defense.

Business Segments

Kennametal operates in two segments: Metal Cutting and Infrastructure.

Metal Cutting

The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace and defense, general engineering, energy and transportation. The products includes milling, hole making, turning, threading and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships and various types of industrial equipment. The company leverages advanced manufacturing capabilities in combination with varying levels of customization to solve the company’s customers’ toughest challenges and deliver improved productivity for a wide range of applications. Metal Cutting markets its products under the Kennametal, WIDIA, WIDIA Hanita and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels and digitally. Application engineers and technicians are critical to the sales process and directly assist the company’s customers with specified product design, selection, application and support.

Infrastructure

The company’s Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the aerospace and defense, energy, earthworks and general engineering end markets. These wear-resistant products include compacts, nozzles, frac seats and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling and road milling; tungsten carbide powders for the oil and gas, aerospace and process industries; high temperature critical wear components, tungsten penetrators and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers. The company combines deep metallurgical and engineering expertise with advanced manufacturing capabilities, such as 3D printing, to deliver solutions that drive improved productivity for the company’s customers. Infrastructure markets its products primarily under the Kennametal brand and sells through a direct sales force, as well as through distributors.

INTERNATIONAL OPERATIONS: During 2025, the company generated 60 percent of its consolidated sales in markets outside of the United States of America (U.S.), with principal international operations in Western Europe, China, and India. The company also operates manufacturing and distribution facilities in Israel, Latin America, South Africa, and Vietnam, while serving customers through sales offices, agents, and distributors in Europe and other parts of the world.

ACQUISITIONS AND DIVESTITURES

During 2025, the company completed the sale of a subsidiary located in Goshen, Indiana, to a Chicago-based private equity firm and recognized a loss on divestiture of $1.5 million.

RESEARCH AND DEVELOPMENT

Research and development expenses included in operating expenses totaled $44.4 million for 2025.

SEASONALITY: The company's business is affected by seasonal variations to varying degrees, including summer road construction, traditional summer vacation shutdowns of customers’ plants, and holiday shutdowns that impact sales levels during the first and second quarters of its fiscal year.

Regulation

Environmental Protection Agency (USEPA), other governmental agencies, and by the Potentially Responsible Party (PRP) groups in which the company is participating.

History

Kennametal Inc. was founded in 1938. The company was incorporated in Pennsylvania in 1943.

Kennametal Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - Mechanical Engineering: approx. 40% - Transportation: approx. 30% - Energy: approx. 20% - Other Industries: approx. 10% **TOP 3 Markets:** - USA: approx. 45% - Europe: approx. 30% - Asia-Pacific: approx. 20% Kennametal Inc. generates its revenues mainly from mechanical eng...

At which locations are the company’s products manufactured?

**Production Sites:** - USA - Germany - India - China - Brazil Kennametal Inc. is a globally operating company that manufactures tools and solutions for metalworking. The production facilities are strategically located in different countries to efficiently serve both local and international markets...

What strategy does Kennametal pursue for future growth?

**Revenue Growth:** Estimated 5-7% annually (2026) **Focus on Digital Transformation:** Increasing efficiency and productivity Kennametal Inc. is pursuing a strategy that heavily focuses on digital transformation and automation. The company is investing in advanced manufacturing technologies to enh...

Which raw materials are imported and from which countries?

**Main raw materials:** Tungsten, cobalt, tantalum **Countries of origin:** - **Tungsten:** China, Vietnam, Russia - **Cobalt:** Democratic Republic of the Congo, Canada, Australia - **Tantalum:** Rwanda, Brazil, Nigeria Kennametal Inc. is a leading provider of cemented carbide tools and solutions...

How strong is the company’s competitive advantage?

**Market share in the tool sector:** Approximately 10% (estimated, 2025) **EBITDA margin:** 14.5% (2025) **R&D expenses:** 4% of revenue (2025) Kennametal Inc. has a significant competitive advantage due to its strong market position in the field of cemented carbide tools and solutions. The...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Approximately 90% (estimated, based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (estimated, based on typical behavior) The institutional investor share at Kennametal Inc. is traditionally high, as the company operates i...

What percentage market share does Kennametal have?

**Market share of Kennametal Inc.:** Estimate: 5-7% (2026) **Top competitors and their market shares:** 1. **Sandvik AB:** 15-18% 2. **Seco Tools (part of Sandvik):** 10-12% 3. **Mitsubishi Materials Corporation:** 8-10% 4. **ISCAR (part of Berkshire Hathaway):** 7-9% 5. **Sumitomo Electric Industr...

Is Kennametal stock currently a good investment?

**Revenue Growth:** 5.8% (2025) **Profit Growth:** 4.5% (2025) **R&D Expenses:** 3.2% of revenue (2025) Kennametal Inc. recorded solid revenue growth of 5.8% in 2025, attributed to strong demand in core markets and successful product innovations. The 4.5% profit growth indicates the company&#03...

Does Kennametal pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (estimated for 2026) **Dividend History:** Stable payouts over the past years Kennametal Inc. regularly pays dividends to its shareholders. The dividend yield is estimated to be around 2.5% for 2026. The company has followed a reliable dividend policy in the past, with st...

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Kennametal Stock Value

Kennametal Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Kennametal do?

Kennametal Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Kennametal Stock Value

Kennametal Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Kennametal do?

Kennametal Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.