KFY Should I Buy
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Korn Ferry (KFY) is not a strong buy for a beginner, long-term investor at this moment. While the company has shown solid financial growth in the latest quarter and has positive developments like the launch of a new book, the technical indicators are bearish, hedge funds are selling heavily, and there is no strong signal from proprietary trading tools. Additionally, the stock is trading below key support levels, and the options data suggests a mixed sentiment. Given the user's preference for long-term investments, it would be prudent to wait for a more favorable entry point or stronger bullish signals.
The technical indicators for KFY are bearish. The MACD histogram is negative and expanding downward, RSI is neutral at 21.731, and moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading near its S2 support level of 59.373, indicating potential further downside.
Korn Ferry's new book, 'I Need a Job!', has become an Amazon No.1 new release, showcasing the company's thought leadership.
Strong financial performance in Q2 2026, with revenue up 7.02% YoY and net income up 19.14% YoY.
Hedge funds are aggressively selling KFY, with a 1775.76% increase in selling activity over the last quarter.
Technical indicators are bearish, with the stock trading below key support levels.
Gross margin dropped by 3.22% YoY in the latest quarter.
In Q2 2026, Korn Ferry reported revenue growth of 7.02% YoY to $721.7M, net income growth of 19.14% YoY to $71.52M, and EPS growth of 19.30% YoY to 1.36. However, gross margin declined by 3.22% YoY to 84.67%.
Goldman Sachs analyst George Tong recently lowered the price target for KFY from $85 to $74 but maintained a Buy rating, indicating a cautious optimism about the stock's potential.
