Korn Ferry jumps after Q3 profit beats expectations

Korn Ferry

11/03/2025 19:15

** Shares of consulting firm Korn Ferry KFY.N jump as much as 11.6%; last up 9.2% at $68.29

** KFY posts Q3 profit above Wall Street expectations, after meeting estimates in the prior quarter

** CEO Gary Burnison says "tomorrow's macro environment will be encircled by a labor supply and demand imbalance" requiring companies to reskill their workforce, presenting tremendous opportunity for KFY

** Brokerage William Blair says while it acknowledges some hesitation from investors given an uncertain macro, the market continues to underappreciate KFY's potential for earnings and valuation upside

** Four of five brokerages rate the stock "buy" or higher and one "hold"; median PT is $82.50 — LSEG data

** KFY stock up 1.3% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))