Acquisition Talks: KKR & Co and Singapore Telecommunications are in advanced discussions to acquire over 80% of ST Telemedia Global Data Centres for more than S$5 billion, aiming for full ownership.
Current Ownership: KKR currently holds about 14% and Singtel over 4% of the data centre firm, with the remainder owned by ST Telemedia, a subsidiary of Singapore's Temasek Holdings.
Market Context: The potential deal is significant in the context of rising demand for digital infrastructure driven by the boom in artificial intelligence, positioning it among Asia's largest data centre transactions.
Investment Background: KKR and Singtel previously invested S$1.75 billion in the data centre firm in June 2024, and KKR's Asia Pacific infrastructure business manages around $13 billion in assets.
Wall Street analysts forecast KKR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KKR is 159.67 USD with a low forecast of 145.00 USD and a high forecast of 176.00 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.
9 Analyst Rating
Wall Street analysts forecast KKR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KKR is 159.67 USD with a low forecast of 145.00 USD and a high forecast of 176.00 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.
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 123.480
Low
145.00
Averages
159.67
High
176.00
Current: 123.480
Low
145.00
Averages
159.67
High
176.00
Oppenheimer
Oppenheimer
Outperform
maintain
$166 -> $190
2026-01-20
New
Reason
Oppenheimer
Oppenheimer
Price Target
$166 -> $190
AI Analysis
2026-01-20
New
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on KKR to $190 from $166 and keeps an Outperform rating on the shares. The firm adjusted targets in the alternative asset manager group as part of a Q4 preview.
Barclays
Overweight -> NULL
downgrade
$169 -> $159
2026-01-09
Reason
Barclays
Price Target
$169 -> $159
2026-01-09
downgrade
Overweight -> NULL
Reason
Barclays lowered the firm's price target on KKR to $159 from $169 and keeps an Overweight rating on the shares. The firm adjusted targets in the alternative asset manager group as part of its Q4 outlook. Barclays expect realizations to pick up meaningfully across the board. The market-wide concerns around credit performance are overblown, the analyst tells investors in a research note.
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Keefe Bruyette
Market Perform
downgrade
2026-01-08
Reason
Keefe Bruyette
Price Target
2026-01-08
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on KKR Real Estate Finance to $8.25 from $8.75 and keeps a Market Perform rating on the shares.
Barclays
Overweight
maintain
$154 -> $169
2025-12-12
Reason
Barclays
Price Target
$154 -> $169
2025-12-12
maintain
Overweight
Reason
Barclays raised the firm's price target on KKR to $169 from $154 and keeps an Overweight rating on the shares. The firm adjusted targets in the brokers, asset managers and exchanges group as part of its 2026. Market conditions "look constructive" going into 2026, particularly for the alternative asset managers and wealth brokers, the analyst tells investors in a research note. Barclays sees a more mixed outlook for the exchanges and traditional asset managers.
About KKR
KKR & Co. Inc. is a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. The Company’s segments include Asset Management, Insurance and Strategic Holdings. Asset Management segment offers a range of investment management services to investment funds, vehicles and accounts and provides capital markets services to portfolio companies and third parties. Asset Management segment includes five business lines: Private Equity, Real Assets, Credit and Liquid Strategies, Capital Markets and Principal Activities. Insurance segment is operated by Global Atlantic, which is a United States retirement and life insurance company that provides a suite of protection, legacy and savings products and reinsurance solutions to clients across individual and institutional markets. Global Atlantic offers individuals fixed-rate annuities and others. Strategic Holdings segment represents its participation in its core private equity strategy.
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.
