Kodiak Gas Services reaches 20-day high after public offering
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Updated: 05 Dec 25
Source: PRnewswire
Kodiak Gas Services Inc saw a price increase of 3.09%, reaching a 20-day high amid market fluctuations.
The company recently completed a public offering of 9,762,573 shares, raising approximately $335.5 million, which reflects strong market demand and investor interest.
Although Kodiak did not directly benefit from the offering, the successful execution may enhance market confidence and pave the way for future financing activities.

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Analyst Views on KGS
Wall Street analysts forecast KGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KGS is 43.33 USD with a low forecast of 35.00 USD and a high forecast of 47.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast KGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KGS is 43.33 USD with a low forecast of 35.00 USD and a high forecast of 47.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 35.260

Current: 35.260

Outperform
downgrade
$47 -> $44
Reason
Mizuho lowered the firm's price target on Kodiak Gas Services to $44 from $47 and keeps an Outperform rating on the shares. The firm views the company's capital plan as consistent with growing contracted margins in a tight natural gas market in the Permian. It cites adjusted estimates post Kodiak's Q3 report for the target drop.
Outperform
maintain
$43 -> $45
Reason
RBC Capital raised the firm's price target on Kodiak Gas Service to $45 from $43 and keeps an Outperform rating on the shares. The "solid" Q3 results were partially offset by a one-time fee related to the divestment of its Mexico assets, the analyst tells investors in a research note. The firm expects continued demand for compression to drive growth.
William Blair
William Blair
Outperform
initiated
$44
Reason
William Blair
William Blair
William Blair initiated coverage of Kodiak Gas Services with an Outperform rating. The firm says Kodiak is the compression industry leader, benefiting from continued Permian production natural gas growth. Blair expects Kodiak to announce strategic purchases from large customers. It sees fair value for the shares at $44, or 31% upside from current levels.
Stifel analyst Selman Akyol raised the firm's price target on Kodiak Gas Services to $48 from $46 and keeps a Buy rating on the shares. The company posted Q3 results in line with the firm's estimates, and while it did not want to offer 2026 guidance, it did offer several points that indicate continued growth, the analyst tells investors in a research note. The firm believes the company is set up for another good quarter in Q4, and that should push higher over time as Kodiak continues to grow its business.
About KGS
Kodiak Gas Services, Inc. is the contract compression service provider in the United States, serving as a link in the infrastructure that enables the production and transportation of natural gas and oil. The Company’s segments include Contract Services and Other Services. The Contract Services segment consists of operating Company-owned and customer-owned compression and gas treating and cooling infrastructure to enable the production, gathering, processing and transportation of natural gas and oil. The Other Services segment consists of a broad range of services to support the needs of its customers, including station construction, customer-owned compression maintenance and overhaul, freight and crane charges, parts sales and other ancillary time and material-based offerings. It offers its services to oil and gas producers and midstream customers in high-volume gas gathering systems, processing facilities, multi-well gas lift applications and natural gas transmission systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.