What Happened?
Shares of organizational consulting firm Korn Ferry (NYSE:KFY) jumped 16.8% in the pre-market session after the company reported strong third-quarter (fiscal 2025) results, exceeding analysts' sales expectations, though its guidance for the next quarter painted a mixed picture, with earnings per share projected to outperform but revenue expected to fall short. Also, despite the results revealing a mixed segment performance, overall sales remained flat year over year, reflecting resilience amid economic uncertainty. Overall, the quarter was solid, with profitability improvements offsetting muted revenue growth.
The shares closed the day at $67.30, up 7.9% from previous close.
Is now the time to buy Korn Ferry? Access our full analysis report here, it’s free.
What The Market Is Telling Us
Korn Ferry’s shares are not very volatile and have only had 4 moves greater than 5% over the last year. Moves this big are rare for Korn Ferry and indicate this news significantly impacted the market’s perception of the business.
Korn Ferry is up 0.7% since the beginning of the year, but at $67.27 per share, it is still trading 15.3% below its 52-week high of $79.40 from November 2024. Investors who bought $1,000 worth of Korn Ferry’s shares 5 years ago would now be looking at an investment worth $2,422.
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
