Kinder Morgan, Inc.

(New York Stock Exchange)
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Bullish +55

Here is What Barclays Thinks About Kinder Morgan (KMI)

AI-generated analysis

πŸ“ˆ Barclays reaffirmed a 'Buy' rating on Kinder Morgan (KMI) with a price objective of $34.

πŸ’° The stock trades at an implied upside of over 8% from current levels based on the analyst target.

πŸ—οΈ Kinder Morgan's project backlog grew to $10.1 billion by the end of Q1 2026.

βš™οΈ The company placed $230 million in projects into service and added $375 million in new projects during the quarter.

🏒 Three new data center deals were included in the recent project additions to drive growth.

πŸ’΅ Kinder Morgan sustains an impressive dividend yield of 3.80% supported by its cash flow generation.

πŸ“Š Net income attributable to the company is expected to remain flat at $3.1 billion for FY 2026.

πŸ“ˆ Adjusted EPS is projected to surge by 5% year-over-year to reach $1.36 in fiscal 2026.

πŸ’Ή The firm targets an adjusted EBITDA of $8.6 billion for the upcoming fiscal year.

Bullish Signals
  • Barclays maintains a 'Buy' rating with a specific price target of $34, indicating strong institutional support.
  • The company successfully added $375 million in new projects and placed $230 million into service, expanding its operational capacity.
  • Strategic inclusion of three data center deals diversifies the project portfolio and enhances future revenue streams.
  • Kinder Morgan offers a robust 3.80% dividend yield, providing attractive income potential for investors.
  • Adjusted EPS is forecasted to increase by 5% year-over-year to $1.36, demonstrating earnings growth despite flat net income.
  • The company targets a substantial adjusted EBITDA of $8.6 billion for FY 2026, reflecting strong operational profitability.
Full Analysis
Barly reaffirmed its 'Buy' rating on Kinder Morgan, Inc. (NYSE: KMI) on June 12, 2026, setting a price objective of $34. This target represents an upside of over 8% from current trading levels, signaling continued analyst confidence in the company's valuation despite broader market shifts. Kinder Morgan, the largest independent petroleum transporter in the United States, reported a significant increase in its project backlog to $10.1 billion by the end of Q1 2026. During this quarter, the firm placed approximately $230 million of projects into service and added $375 million in new initiatives, notably including three data center deals designed to bolster future cash flows. The company maintains a strong financial profile with an impressive dividend yield of 3.80%. For fiscal year 2026, Kinder Morgan expects net income attributable to the company to remain flat at $3.1 billion while projecting a surge in adjusted earnings per share (EPS) of 5% year-over-year to reach $1.36. Additionally, the firm targets an adjusted EBITDA of $8.6 billion for the year.