Brokers Raise Forecasts for KBR's Future Earnings

Got story updates? Submit your updates here. ›

Research analysts at KeyCorp and Zacks Research have issued positive forecasts for KBR, Inc.'s (NYSE: KBR) upcoming quarterly and annual earnings. KeyCorp analyst S. Jain projects the construction firm will earn $0.91 per share in Q1 2026, with full-year 2027 EPS reaching $4.35 - significantly higher than the current $3.26 consensus. Zacks also nudged up its Q2 2026 and 2027 estimates, reducing downside risk to near-term profit expectations.

Why it matters

The upbeat earnings projections from sell-side research firms could help support a higher valuation for KBR's stock, as the company's future profitability outlook appears to be improving. This comes as KBR continues advancing its exposure to low-carbon energy technologies, which may provide new long-term revenue streams.

The details

KeyCorp analyst S. Jain forecasts KBR will earn $0.91 per share in Q1 2026, followed by $0.91 in Q2, $1.06 in Q3, and $1.13 in Q4. For the full fiscal year 2027, Jain projects KBR will generate $4.35 in EPS - significantly higher than the current $3.26 consensus estimate. Zacks Research also nudged up its Q2 2026 EPS estimate to $1.00 and its Q2 2027 estimate to $1.05, while maintaining a Hold rating on the stock. These incremental revisions from sell-side shops help reduce downside risk to near-term profit forecasts for KBR.

• KeyCorp issued its Q1 2026 through FY 2027 estimates on April 14, 2026.
• Zacks Research updated its Q2 2026 and Q2 2027 estimates in recent research.

What’s next

Wells Fargo published a note lowering expectations for KBR's stock price, which can pressure sentiment and trigger short‑term selling or reweighting by investors sensitive to target/price‑target changes.