Argus raises Kinder Morgan stock price target on strong earnings
Argus raised Kinder Morgan's (KMI) price target to $40 from $38, citing strong Q3 2026 earnings of $0.35 per share, up 21% YoY. The company beat EPS estimates and raised its 2026 outlook. Analysts upgraded ratings and targets, noting new pipeline projects and a 3.51% dividend yield.
How this was made
The 30-second read
Why it matters
The earnings beat and upgraded guidance prompted analyst price target increases, indicating a bullish sentiment.
Market read
KMI's strong earnings and higher guidance could drive short-term upside in the energy midstream sector.
What to watch
Potential regulatory or commodity price volatility could temper gains.
Background
Kinder Morgan (KMI) reported Q3 2026 adjusted net income of $792M, EPS $0.35, beating estimates, and raised its 2026 EBITDA guidance to $9.12B.
Ticker impact
Argus raised KMI price target to $40 after reporting Q3 2026 earnings that beat estimates and raised guidance.
likely upward pressure as investors price in higher earnings and target.
Earnings beat, higher EBITDA guidance and multiple analyst upgrades support a bullish outlook.
Market effects
Positive earnings may lift other midstream energy stocks.
U.S. energy sector could see modest gains.
Limited to investors focused on U.S. energy infrastructure.
Counterpoint
If the market has already priced in the earnings beat, upside may be limited.
Key entities
- companyKinder Morgan
U.S. energy infrastructure operator.
- analystArgus
Research firm that raised KMI price target.




