KKR Stock Plunges 6% Amid Volatility – Analysts See ~25% Upside Ahead
KKR shares fell 6.8% on October 16, closing near $116 and now sit over 30% below their 52-week high. The company will report Q3 earnings on October 23, with analysts expecting $1.33 per share. KKR recently completed a €19 billion Telecom Italia network deal and is resisting a proposed merger with Open Fiber. Co-founder George Roberts sold about 810,000 shares this summer, netting $116.8 million.