Key Highlights

● KMI closed at $32.48 on 9 October 2026.

● Market data consensus target is $35.47, implying about 9.21% upside.

● Targets range from $30 to $43.

● Melius initiated coverage with a $38 target.

Shares of Kinder Morgan (NYSE:KMI), a member of the S&P 500, closed at $32.48 on Friday 9 October 2026. The consensus target sits moderately above the share price. Recent broker revisions have mostly been upward.

What Is the Latest Analyst Price Target?

Market data reports a consensus 12-month price target of $35.47 from 22 analyst ratings in the past year, with a high of $43 and a low of $30. Compared with the $32.48 close, the consensus target suggests potential upside of about 9.21%. The ratings split evenly, with 11 Buy and 11 Hold and no Sell, giving a Moderate Buy consensus.

What Are Wall Street Analysts Saying?

The second data set, using third-party data, shows a higher mean target of $36.09 and a median of $36, with a high of $43 and a low of $31 from 25 analysts. Recent named targets on market data average roughly $35 to $36, so the market data figure of $35.47 appears consistent with current broker views.

Named actions shown on market data include Royal Bank of Canada raising its target from $35 to $36 (Sector Perform) and Capital One initiating at Equal Weight with $36, both on 22 September 2026. Melius Research initiated at Buy with a $38 target the same day. Jefferies cut its target from $35 to $33 (Hold) and Morgan Stanley set $33 on 17 September. Stifel Nicolaus initiated at Hold with $35 on 9 September, JPMorgan lifted its target from $34 to $36 (Neutral) on 4 September, and Wells Fargo raised its target from $35 to $36 with an Overweight rating on 23 July.

What Could Help the Stock Reach the Price Target?

The consensus target suggests room for the shares to appreciate if the company continues to deliver steady results. The company also pays a quarterly dividend of $0.2975 per share, which may appeal to income-focused investors. Continued demand for natural gas transportation and further positive revisions from brokers could support a move toward the targets.

What Could Prevent the Stock Reaching the Target?

Several factors could keep the shares below the consensus. Half the analysts rate the stock Hold, and several recent actions were target cuts or neutral initiations, suggesting limited enthusiasm. Pipeline operators are sensitive to interest rates, regulation, project costs and commodity-linked volumes. The stock also trades toward the lower end of the target range, and the low target of $30 is not far below the current price. A weaker earnings outcome could prompt further downward revisions.

What Should Investors Watch Next?

Investors may wish to follow the next quarterly results, as well as any change to guidance, capital spending plans or dividend policy. It is also worth watching whether the three early-September Hold initiations are followed by rating changes, and how the consensus moves relative to the share price.

How Analysts See Kinder Morgan After the Latest Close

Kinder Morgan closed at $32.48 on 9 October 2026, against a market data consensus target of $35.47. Melius Research initiated at Buy with a $38 target the same day.