Oppenheimer Calls KBR, Inc. (KBR) an “Interesting Value-Based Investment Opportunity”

KBR, Inc. (NYSE:KBR) is among the ridiculously cheap stocks to buy now. As of December 26, KBR, Inc. (NYSE:KBR) has a ‘Buy’ or equivalent rating from 64% of analysts covering the stock, with the remaining analysts neutral. While the price target ranges from $45 to $65, the median price target of $53.50 translates to an upside potential of 33.02%. On December 2, Ian Zaffino of Oppenheimer initiated coverage of the company with an ‘Outperform’ rating and a $60 price target, according to TheFly.

Zaffino highlighted that KBR, Inc. (NYSE:KBR) offers an “interesting, value-based investment opportunity,” particularly given the stock’s 30% YTD decline. As noted by the analyst in a research note, the dip occurs before the government services business spinout, scheduled for mid-to-late 2026. The firm believes that entering 2026, the stock setup is quite attractive. Despite troubles, primarily in the Mission Technology Solutions business, the company continues to navigate these challenges as it returns capital to investors, the analyst asserted.

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Later, on December 19, Truist reduced its price target on KBR, Inc. (NYSE:KBR) to $50 from $62 and maintained a ‘Buy’ rating on the stock. This downward revision is part of the firm’s model readjustment following the pause in the Lake Charles LNG project and the scaleback of Plaquemines.

KBR, Inc. (NYSE:KBR) is a Texas-based provider of scientific, technology, and engineering solutions to both government institutions and commercial clients. Founded in 1901, the company operates through two segments: Government Solutions and Sustainable Technology Solutions.

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