Kennametal (KMT) Stock Price Target 2026

The average analyst price target for Kennametal is $31.19, 29.0% above the current price. Of 8 analysts, 4 rate it Hold and 4 Sell. Targets range from $24 to $47.50. The latest change came on Nov 5, 2026, when JP Morgan lowered its price target on Kennametal from $30 to $27 and kept an Underweight rating.

The Average Analyst Price Target for Kennametal is $31.19.

Price Target Range — 12 Quarters

Analyst Consensus — 8 Analysts

4Hold

4Sell

Consensus RatingUnderweight# Analysts8Avg. Consensus PT$31.19Upside to Avg. PT+29.0%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Kennametal Stock

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Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 5, 2026	JP Morgan	Tami Zakaria	PT Cut	Underweight	$30→$27
Oct 8, 2026	JP Morgan	Tami Zakaria	PT Cut	Underweight	$34→$30
Aug 11, 2026	DA Davidson	Chris Dankert	PT Cut	Neutral	$34→$30
Aug 10, 2026	UBS	Steven Fisher	PT Cut	Neutral	$39→$35
Aug 10, 2026	Morgan Stanley	Angel Castillo	Downgrade	Equal-Weight→Underweight	$31→$27
Jul 17, 2026	Morgan Stanley	Angel Castillo	PT Cut	Equal-Weight	$36→$31
Jul 13, 2026	JP Morgan	Tami Zakaria	PT Cut	Underweight	$40→$34
Jun 16, 2026	DA Davidson	Chris Dankert	Initiate	Neutral	$34
May 27, 2026	Barclays	Julian Mitchell	Downgrade	Equal-Weight→Underweight	$40→$33
May 7, 2026	JP Morgan	Tami Zakaria	PT Raise	Underweight	$37→$40
May 7, 2026	Jefferies	Stephen Volkmann	Downgrade	Buy→Hold	$48
Feb 10, 2026	Morgan Stanley	Angel Castillo	PT Raise	Equal-Weight	$29→$36
Feb 9, 2026	Barclays	Julian Mitchell	PT Raise	Equal-Weight	$28→$40
Feb 5, 2026	UBS	Steven Fisher	PT Raise	Neutral	$32→$39
Jan 14, 2026	JP Morgan	Tami Zakaria	PT Raise	Underweight	$25→$37
Jan 13, 2026	Jefferies	Stephen Volkmann	Upgrade	Hold→Buy	$28→$40
Jan 12, 2026	UBS	Steven Fisher	PT Raise	Neutral	$28→$32
Jan 12, 2026	Morgan Stanley	Angel Castillo	PT Raise	Equal-Weight	$27→$29
Jan 7, 2026	Barclays	Julian Mitchell	PT Raise	Equal-Weight	$25→$28
Nov 13, 2025	UBS	Steven Fisher	PT Raise	Neutral	$21→$28