Kodiak Gas Likely to Benefit From Growth Prospects, RBC Says
Idag, 17:32
11:32 AM EDT, 05/18/2026 (MT Newswires) -- Kodiak Gas Services (KGS) is expected to benefit from favorable compression market fundamentals amid the signing of longer-term contracts, RBC Capital Markets said in a note Friday.
The note said compression operations remained strong with high utilization and higher rates thanks to favorable market dynamics.
RBC analysts raised their 2026 estimate following Kodiak's Q1 results beat and updated guidance that included higher revenue and gross margin midpoints.
They also raised 2027 estimate on strength in compression operations, and growth from the Power Infrastructure segment.
"The power opportunities are attractive with the targeted 5x EBITDA build and strong demand outlook,"the analysts said.
RBC maintained its outperform rating while raising its price target to $84 from $64 on higher estimates.
Price: 75.48, Change: +2.48, Percent Change: +3.40
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Kodiak Gas Likely to Benefit From Growth Prospects, RBC Says
Idag, 17:32
11:32 AM EDT, 05/18/2026 (MT Newswires) -- Kodiak Gas Services (KGS) is expected to benefit from favorable compression market fundamentals amid the signing of longer-term contracts, RBC Capital Markets said in a note Friday.
The note said compression operations remained strong with high utilization and higher rates thanks to favorable market dynamics.
RBC analysts raised their 2026 estimate following Kodiak's Q1 results beat and updated guidance that included higher revenue and gross margin midpoints.
They also raised 2027 estimate on strength in compression operations, and growth from the Power Infrastructure segment.
"The power opportunities are attractive with the targeted 5x EBITDA build and strong demand outlook,"the analysts said.
RBC maintained its outperform rating while raising its price target to $84 from $64 on higher estimates.
Price: 75.48, Change: +2.48, Percent Change: +3.40
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