Kardigan (NASDAQ:KARD) Upgraded to “Strong-Buy” at UBS Group

Posted by Jessica Moore on Oct 14th, 2026

Kardigan (NASDAQ:KARD – Get Free Report) was upgraded by equities researchers at UBS Group to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

Several other equities analysts have also recently weighed in on KARD. TD Cowen initiated coverage on Kardigan in a research report on Monday, July 13th. They issued a “buy” rating and a $46.00 price target for the company. Zacks Research raised Kardigan to a “hold” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. cut their target price on Kardigan from $51.00 to $46.00 and set an “overweight” rating for the company in a research note on Tuesday, August 25th. Leerink Partners started coverage on Kardigan in a report on Monday, July 13th. They set an “outperform” rating and a $37.00 target price for the company. Finally, Wall Street Zen cut Kardigan from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $38.80.

View Our Latest Report on KARD

Kardigan Stock Down 9.6%

KARD opened at $12.97 on Monday. The business has a 50 day simple moving average of $18.31. Kardigan has a 12 month low of $12.23 and a 12 month high of $27.00.

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

Hedge Funds Weigh In On Kardigan

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