11 Most Undervalued Mid Cap Stocks to Buy Now

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6. KBR Inc. (NYSE:KBR)

Number of Hedge Fund Holders: 51

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

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