Piper Sandler initiated coverage of Kodiak Gas Services (KGS) on July 28, 2026. The firm issued an Overweight rating and set a price target of $78.00. Analysts expect Kodiak to expand into the power generation market to support AI data center growth.
This outlook relies on the stability of Kodiak’s core compression business. The segment benefits from long-term natural gas production growth and rising energy requirements for data centers.
Eleven other brokerages maintain a consensus Moderate Buy rating on the stock. The average 12-month price target for KGS is $79.50.
Institutional investors currently own 24.95% of the company. Recent insider activity shows a higher volume of selling than buying.