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NASDAQ:KMT 22 November 2025 - 4 February 2026

Kennametal stock jumps 7% after earnings beat and outlook raise puts KMT share price back in play

Kennametal stock jumps 7% after earnings beat and outlook raise puts KMT share price back in play

Kennametal shares rose 7.5% Wednesday after the company raised its full-year outlook and reported a 10% jump in quarterly sales to $530 million. The toolmaker credited early customer purchases ahead of tungsten price hikes. Adjusted EPS reached 47 cents, beating analyst estimates. Year-to-date free cash flow fell to $38 million from $57 million.
Kennametal stock jumps on Jefferies upgrade as tungsten prices hit fresh highs

Kennametal stock jumps on Jefferies upgrade as tungsten prices hit fresh highs

Kennametal shares rose 8.4% to $33.32 midday Tuesday after Jefferies upgraded the stock and raised its price target to $40, citing a sharp spike in tungsten prices. Tungsten benchmark prices in China hit 725,000 yuan per ton, renewing concerns over raw-material costs. The stock’s rally pushed it above recent targets from UBS and Morgan Stanley. Investors await Kennametal’s earnings report on Feb. 4 for margin and demand updates.
13 January 2026
Stock Market Today 22.11.2025

Stock Market Today 22.11.2025

Kennametal (KMT) rose about 18% in the past month, with its fair value estimate near $25.25 and a P/E ratio of 21.6x. Alphabet (GOOG) trades in the high-$200s, with analysts targeting $180.76 short-term and $426 by 2030. GOOG gained 64% over the past year amid strong advertising and AI growth.
22 November 2025

Stock Market Today

  • Elon Musk's SpaceX Begins Trading with Largest IPO Ever
    June 12, 2026, 1:20 PM EDT. SpaceX founder Elon Musk revealed he initially gave the company less than a 10% chance of success. Despite early doubts, SpaceX has launched the largest initial public offering (IPO) ever, starting public trading from its Texas headquarters. The ceremonial trading start was marked simultaneously at Nasdaq in New York and in Texas, highlighting the company's significant market debut.

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