Kardigan, Inc. (NASDAQ:KARD) Stock Has Average Price Target of $39.50

Posted by Linda Flegge on Oct 25th, 2026

Kardigan, Inc. (NASDAQ:KARD – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $39.50.

A number of equities research analysts recently commented on the company. Leerink Partners assumed coverage on Kardigan in a research report on Monday, July 13th. They set an “outperform” rating and a $37.00 price target on the stock. Robert W. Baird assumed coverage on Kardigan in a report on Wednesday. They set an “outperform” rating and a $43.00 price target for the company. TD Cowen assumed coverage on Kardigan in a research report on Monday, July 13th. They issued a “buy” rating and a $46.00 price objective for the company. Wall Street Zen lowered Kardigan from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, JPMorgan Chase & Co. decreased their target price on Kardigan from $51.00 to $46.00 and set an “overweight” rating on the stock in a report on Tuesday, August 25th.

Read Our Latest Research Report on KARD

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KARD. Jupiter Topco LLC acquired a new position in Kardigan during the 2nd quarter worth about $17,715,000. Montanova Capital LLC bought a new stake in Kardigan during the 2nd quarter worth about $9,540,000. Bank of New York Mellon Corp acquired a new stake in Kardigan in the 2nd quarter valued at about $9,010,000. Braidwell LP acquired a new stake in Kardigan in the 2nd quarter valued at about $7,155,000. Finally, Citadel Advisors LLC acquired a new stake in Kardigan in the 2nd quarter valued at about $2,862,000.

Kardigan Price Performance

Shares of Kardigan stock opened at $12.80 on Friday. The company has a market capitalization of $1.20 billion and a PE ratio of -4.44. The business’s 50-day moving average price is $17.06. Kardigan has a 1-year low of $12.23 and a 1-year high of $27.00.

Kardigan (NASDAQ:KARD – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($4.61) earnings per share (EPS) for the quarter. As a group, equities analysts expect that Kardigan will post -3.41 EPS for the current fiscal year.