[ccpw id="5"]

Home.forex news reportKBR Inc. (KBR) Outlook Adjusted by Citi Highlighting Growth Potential in Data...

KBR Inc. (KBR) Outlook Adjusted by Citi Highlighting Growth Potential in Data Center Expenditure

-


KBR Inc. (NYSE:KBR) is one of the most undervalued mid cap stocks to buy now. On January 26, Citi lowered its price target on KBR to $53 from $57 while keeping a Buy rating. This announcement was made as the firm adjusted its outlook for the engineering and construction sector ahead of Q4 2025 earnings. The firm anticipates solid results and initial 2026 guidance in line with consensus expectations across the industry, specifically highlighting the growth potential for companies like KBR that have exposure to increasing data center expenditures.

In other news, on January 12, KBR was awarded the FEED (front-end engineering design) contract for the Coastal Bend LNG project, which is a natural gas liquefaction and export facility on the Texas Gulf Coast. The facility is designed to feature multiple liquefaction trains and will use ConocoPhillips’ Optimized Cascade Process technology alongside Honeywell UOP technologies to reduce greenhouse gas emissions and remove heavy hydrocarbons.

KBR will lead the FEED effort for the ISBL (inside battery limits) scope and support the project’s regulatory filings and permitting with the FERC. The collaboration aims to set a new standard for low-carbon LNG production by maximizing operational efficiency and minimizing carbon intensity. Coastal Bend LNG, a privately held developer, selected KBR due to its five decades of expertise in the sector and its focus on industrial decarbonization.

KBR Inc. (KBR) Outlook Adjusted by Citi Highlighting Growth Potential in Data Center Expenditure
KBR Inc. (KBR) Outlook Adjusted by Citi Highlighting Growth Potential in Data Center Expenditure

Copyright: TEA / 123RF Stock Photo

KBR Inc. (NYSE:KBR) provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments.

While we acknowledge the potential of KBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Strategy Has No Liquidation Risk Until Bitcoin Falls to $8,000 — How Is That Possible?

Key Takeaways Michael Saylor says Strategy faces no liquidation risk unless Bitcoin drops to around $8,000, citing...

Citi Raises Roivant Sciences (ROIV) PT to $35 Following Positive Phase 2 Brepocitinib Data

Roivant Sciences Ltd. (NASDAQ:ROIV) is one of the most promising low-cost stocks to buy now. On February 10, Citi raised its...

Genflow Biosciences: AGM and partnership strategy

Genflow Biosciences Ltd (LSE:GENF, OTCQB:GENFF, FRA:WQ5) CEO Dr Eric Leire talked with Proactive about the company’s...

Nothing opens its first retail store in India

Nothing, the hardware company backed by Tiger Global, is opening its first retail store in...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img