Kinder Morgan

KMI · NYSE

$33.57+$0.18 (+0.54%)TodayMarket closed · Oct 20, 7:58 PM ET

Prev close $33.39

KMI analyst rating

HoldConsensus of 13 analysts over the last 12 months. 31% rate it a buy.

Strong buy0
Buy4
Hold9
Underperform0
Sell0

12-month price target · 24 analysts

Average $36.74 (+9.5% upside)

Low: $31.76
Now: $33.57
High: $45.15

Upgrades and downgrades

The latest rating actions, newest first

KMI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
RBC Capital	Sep 22, 2026	Maintains	Sector Perform	$35.00 → $36.00	65%
Jefferies	Sep 18, 2026	Maintains	Hold	$35.00 → $33.00	57%
Wells Fargo	Jul 23, 2026	Maintains	Overweight	$35.00 → $36.00	44%
Jefferies	Apr 23, 2026	Maintains	Hold	$36.00 → $34.00	57%
Citigroup	Mar 30, 2026	Maintains	Neutral	$28.00 → $33.00	66%
RBC Capital	Mar 30, 2026	Maintains	Sector Perform	$32.00 → $35.00	65%
Scotiabank	Mar 26, 2026	Maintains	Sector Perform	$31.00 → $32.00	74%
Jefferies	Mar 24, 2026	Maintains	Hold	$31.00 → $36.00	57%
Truist Securities	Mar 24, 2026	Initiates	Hold	$38.00	63%
Scotiabank	Mar 17, 2026	Maintains	Sector Perform	$30.00 → $31.00	74%

The case for and against

Updated Sep 8, 2026

Bull case

Kinder Morgan is positioned for success in the midstream sector as it continues to build out its project backlog and shadow backlog, providing visible growth for investors. With significant projects such as the Trident Intrastate Pipeline and the Mississippi Crossing, as well as the potential for supplying gas to data centers, the company is well-positioned for future success. Additionally, the company's diverse portfolio, including operations in natural gas, crude oil, and refined products pipelines, provides stability in an ever-changing market.

Bear case

Kinder Morgan is facing several fundamental risks that contribute to a negative outlook, including declining oil and gas prices, a decrease in demand for refined products, and potential counterparty and re-contracting risks. Additionally, the company's ability to complete projects on time and on budget may also impact its future performance. Despite investments in LNG projects, KMI's commitment to supporting this sector may not meet its return threshold. Additionally, changes in oil and gas prices, regulatory and legislative changes, and potential limitations on new projects and volume degradation from renewables could further impact the company's financial condition.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.