Piper Sandler Sees Long-Term Upside in KKR & Co. Inc. (KKR) Despite Short-Term Headwinds

Coatue Management holds $499.53 million worth of shares in KKR & Co. Inc. (NYSE:KKR), representing 1.39% of its total 13F portfolio, helping the stock secure a place on our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.

Piper Sandler Sees Long-Term Upside in KKR & Co. Inc. (KKR) Despite Short-Term Headwinds

On October 7, 2025, Piper Sandler reduced its price target on KKR & Co. Inc. (NYSE:KKR) from $166 to $155, maintaining an “Overweight” rating.

The investment firm believes that the upside from spread-related businesses benefiting from variable investment income normalization is already priced in. Furthermore, incremental support continues to be provided from fee and trading activity, but secular flow headwinds remain.

Despite these challenges, Piper Sandler remains optimistic about the long-term outlook for KKR & Co. Inc. (NYSE:KKR). It expressed confidence in underwriters, citing favorable claims experience as a sign of strong actuarial performance and future earnings potential. Moreover, the company’s robust distribution strength across its investment platforms was also highlighted by the investment firm.

KKR & Co. Inc. (NYSE:KKR), a global investment firm, delivers alternative asset management, capital markets, and insurance solutions. The company focuses on generating sustainable returns through disciplined investing and supporting growth in portfolio companies worldwide. It is included in Philippe Laffont’s stock portfolio.

While we acknowledge the potential of KKR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KKR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.