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Analyst Raises Kinetik Holdings (KNTK) Price Target, Cites Favorable Outlook
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Kinetik Holdings Inc. (NYSE:KNTK) is included among the 14 Best Infrastructure Stocks to Buy Now. Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services. On April 10, Barclays bumped its price target on Kinetik Holdings Inc. (NYSE:KNTK) from $44 to $46, while maintaining an ‘Equal’ Weight rating on the shares. The analyst noted that while Kinetik Holdings Inc. (NYSE:KNTK)’s 2026 earnings are still weighted towards the latter half of the year, the stock’s outlook is becoming more favorable. Barclays believes that the higher energy prices amid the Middle East conflict, the growth in volumes, and its upcoming projects position Kinetik to improve its results as the year unfolds. Kinetik Holdings Inc. (NYSE:KNTK) is targeting an adjusted EBITDA in the range of $950 million to $1.05 billion in FY 2026, indicating a YoY growth of over 7% at the midpoint when adjusted for the sale of EPIC Crude. The company also reiterated its commitment to shareholders by announcing its target of “annual dividend increases of 3% to 5% until dividend coverage reaches 1.6x, and leverage between 3.5x and 4x.” With a robust annual dividend yield of 6.86%, Kinetik Holdings Inc. (NYSE:KNTK) was recently included in our list of the 13 Oil Stocks with Highest Dividends. While we acknowledge the potential of KNTK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Best American Energy Stocks to Buy According to Wall Street Analysts and 15 Best Blue Chip Stocks to Buy Now Disclosure: None. Follow Insider Monkey on Google News.
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