Kyndryl expands AWS partnership to push enterprises beyond AI pilots into production

Kyndryl's Expanded Amazon AWS AI Deal Highlights Push Beyond AI Pilots - Kyndryl Hldgs (NYSE:KD)

* Kyndryl Holdings stock is showing notable weakness. What's behind KD decline? Kyndryl expanded its multi-year Strategic Collaboration Agreement with Amazon Web Services to help customers adopt and scale agentic AI while modernizing mission-critical workloads on AWS. AWS Investment and AI Modernization Under the expanded agreement, AWS will invest in Kyndryl's talent development, joint solution engineering, AI specialization, and industry-focused modernization capabilities. Kyndryl said its AWS-focused global business and technical team includes more than 11,000 AWS-certified professionals. The companies plan to co-develop industry-specific agentic AI modernization blueprints and offerings to help customers move AI from pilot projects into production. Automation and Cloud Migration The partnership aims to automate operations, coordinate workflows and reduce manual effort across large IT environments. Kyndryl and AWS recently completed an IT modernization and cloud migration project for Alpitour World, moving the company's core mainframe workloads to AWS. KD Technical Analysis: Bearish Trend With Key Support Levels The stock's current price is significantly below its moving averages, with the 20-day SMA at $11.92 and the 50-day SMA at $12.64, indicating bearish momentum. The MACD is above its signal line, suggesting that downside pressure is easing, even though the overall trend remains negative. * Key Resistance: $13 -- Nearby level where rebounds can stall. * Key Support: $10 -- Nearby level where buyers previously stepped in. Over the past 12 months, Kyndryl has experienced a drastic decline of about 72.47%, reflecting ongoing market challenges. The recent death cross in September 2025, where the 50-day SMA fell below the 200-day SMA, further underscores the bearish sentiment surrounding the stock. Kyndryl Earnings Preview and Analyst Price Targets Kyndryl will provide its next financial update on Aug. 3 (estimated). * EPS Estimate: Loss of 3 cents (Down from 37 cents year-over-year) * Revenue Estimate: $3.67 billion (Down from $3.74 billion YoY) * Valuation: P/E of 13.5x (Indicates value opportunity) Analyst Consensus & Recent Actions: The stock carries a Hold rating with an average price target of $16.80. Recent analyst moves include: * Susquehanna: Downgraded to Neutral (Lowers target to $13 on May 21) * Scotiabank: Sector Perform (Lowers target to $15 on May 8) KD Stock Price Activity: Kyndryl Hldgs shares were trading 3.41% lower at $11.06 at the time of publication on Thursday, according to Benzinga Pro data. This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Kyndryl expands AWS partnership to advance agentic AI adoption By Investing.com

NEW YORK - Kyndryl (NYSE:KD) announced today an expansion of its multi-year Strategic Collaboration Agreement with Amazon Web Services to help customers deploy agentic AI while modernizing workloads on AWS. Under the expanded agreement, AWS is investing in Kyndryl's talent development, joint solution engineering, AI specialization and industry-focused modernization capabilities. Kyndryl currently employs more than 11,000 AWS-certified professionals, according to a press release statement.The partnership expansion comes as Kyndryl, a prominent player in the IT Services industry with a $2.52 billion market cap, trades at what InvestingPro analysis suggests is an undervalued level. Despite the company's stock declining 72% over the past year, analysts predict profitability this year, with the company generating $15.09 billion in revenue over the last twelve months. "Many organizations are focused on adopting agentic AI, but they are stuck in the experimentation phase instead of applying it in a way that actually makes a difference for their business," said Giovanni Carraro, Global Strategic Alliances Leader at Kyndryl. Julia Chen, Vice President, Partner Core at AWS, said the expanded collaboration gives organizations a path to automate operations and modernize workloads. According to the Kyndryl Readiness Report, more than 68% of customers are investing heavily in AI, though most are not realizing anticipated benefits or operational efficiencies. The companies plan to co-develop industry-specific agentic AI modernization blueprints and offerings. Kyndryl recently completed IT modernization and cloud migration for Alpitour World, a European tourism company, moving mainframe workloads to the AWS cloud platform. "Working together with Kyndryl and AWS has helped us apply AI in practical ways as we move workloads to the cloud, while maintaining the reliability and control our business depends on," said Francesco Ciuccarelli, Chief Innovation and Technology Officer at Alpitour World.For investors seeking deeper insights into Kyndryl's financial health and growth prospects, InvestingPro offers comprehensive analysis including 12 additional ProTips and detailed Fair Value calculations. The expanded agreement will support the companies' collaboration in Europe, where Kyndryl is a launch partner for the AWS European Sovereign Cloud initiative. Kyndryl holds multiple AWS Competencies, including Mainframe Modernization, AI, Agentic AI and Digital Sovereignty. Kyndryl describes itself as a provider of mission-critical enterprise technology services operating in more than 60 countries. In other recent news, Kyndryl Holdings Inc. reported disappointing financial results for the fourth quarter of fiscal year 2026, missing analyst expectations on both earnings per share (EPS) and revenue. The company posted an EPS of $0.18, significantly below the forecasted $0.49, resulting in a negative surprise of 63.27%. Revenue for the quarter was $3.77 billion, which was below the anticipated $3.98 billion, marking a 5.28% shortfall. Additionally, the Dutch government blocked Kyndryl's $113 million acquisition of cloud services provider Solvinity, citing public interest concerns. This decision marks the first time the Dutch Investment Screening Bureau has rejected a U.S. acquisition since its establishment in 2020. Meanwhile, Kyndryl announced the launch of Kyndryl AI Orchestration for Business, a new capability designed to coordinate AI agents across enterprise business functions. This capability targets industries such as retail, consumer packaged goods, travel, and transportation. It aims to enable coordination and execution at scale with policy-driven governance across various business functions. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.