tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

KBR Announces Strategic Spin-Off Plan for MTS

Story Highlights
KBR Announces Strategic Spin-Off Plan for MTS

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

KBR ( (KBR) ) has provided an update.

KBR announced a strategic plan to spin off its Mission Technology Solutions (MTS) segment, creating two independent public companies: New KBR and SpinCo. This move, expected to be completed by mid-to-late 2026, aims to enhance strategic focus and operational independence, benefiting shareholders and unlocking value. Shad Evans will become the Chief Financial Officer of New KBR, effective January 5, 2026, succeeding Mark Sopp, who will oversee the spin-off process.

The most recent analyst rating on (KBR) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on KBR stock, see the KBR Stock Forecast page.

Spark’s Take on KBR Stock

According to Spark, TipRanks’ AI Analyst, KBR is a Outperform.

KBR’s overall stock score reflects strong financial performance and strategic growth initiatives, offset by leverage risks and recent operational challenges. The technical indicators suggest caution due to potential overbought conditions, while the valuation remains fair. The earnings call and corporate events provide a balanced view with both positive developments and challenges.

To see Spark’s full report on KBR stock, click here.

More about KBR

KBR is a global provider of science, technology, and engineering solutions, serving governments and companies worldwide. With approximately 37,000 employees, KBR operates in over 29 countries and serves customers in more than 80 countries, offering technology, value-added services, and long-term operations and maintenance services.

Average Trading Volume: 1,377,384

Technical Sentiment Signal: Hold

Current Market Cap: $6.38B

Learn more about KBR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1