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Tungsten Price Surge Sends Kennametal Stock Soaring

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Written by Timothy Sykes Reviewed by Bryce Tuohey Fact-checked by Matt Monaco
Updated 1/13/2026, 5:04 pm ET 1/13/2026, 5:04 pm ET | 4 min 4 min read
Tungsten Price Surge Sends Kennametal Stock Soaring Thumbnail

Kennametal Inc.’s stock jumped 10.51% on news of a strategic restructuring plan boosting investor confidence and market sentiment.

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Live Update At 17:03:49 EST: On Tuesday, January 13, 2026 Kennametal Inc. stock [NYSE: KMT] is trending up by 10.51%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

Recently, Kennametal has been under the spotlight due to the escalating tungsten prices, a crucial material in their product portfolio. According to the latest market data, the price per share has experienced an upward movement. In particular, the opening price climbed from the previous day’s close, eventually peaking at $34.14 before settling around $33.28 by the end of the trading day. This ascent in stock value comes amid increased trading volume and reflects a positive investor sentiment.

From a financial perspective, Kennametal stands on sturdy grounds. Financial reports reveal a revenue nearing $1.97B, reflecting its strong market presence. The company’s consistent profitability is denoted by an approximately 5% profit margin. Although the operating cash flow is on the lower end, healthy leverage ratios and a solid debt-to-equity ratio demonstrate its prudent financial management.

In terms of valuation, Kennametal’s P/E ratio at 25 suggests an adequately priced stock compared to industry peers. Furthermore, the company’s recent collaboration with Hexagon is expected to reduce operating costs, subsequently enhancing profit margins and shareholder value.

The strategic enhancements and rising demand for advanced manufacturing solutions underscore the promising growth trajectory for Kennametal.

Investor Confidence Strengthens

In recent days, the market has reacted with optimism towards Kennametal, catalyzed by significant analysis upgrades and a robust product demand forecast. With tungsten prices soaring, the company is poised for improved near-term financial results. The upgrade from Jefferies, which elevated the stock from Hold to Buy with a price target adjustment, is particularly noteworthy. This strategic decision by Volkmann highlights the augmented earnings potential vis-à-vis the tungsten price surge.

Moreover, UBS’s revised target suggests a stock price movement aligned with the overall bullish outlook on the sector’s robust demand dynamics. UBS’s balanced approach reflects a possibly cautious yet hopeful stance, while Barclays focuses on the growing implications of AI demand, indicating a broad spectrum drive.

Importantly, the market has embraced these updates with significant trading volumes, signaling strong investor interest. Additionally, the progressive partnership with Hexagon strengthens investor confidence, promising technological advancements and a fortified market position.

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Conclusion

Kennametal stands at a promising juncture, with elevated tungsten prices acting as a catalyst for increased stock value. The ongoing analyst upgrades coupled with strategic partnerships, are likely precursors to continued growth and profitability. This new momentum positions Kennametal for a potentially robust financial quarter and offers a testament to its strategic initiatives and adaptability in an increasingly demanding market.

As millionaire penny stock trader and teacher Tim Sykes says, “Consistency is key in trading; don’t let emotions dictate your trades.” By recognizing emerging demand trends and fostering industry partnerships, Kennametal is gearing up to optimize its fiscal outcomes and shareholder returns, holding positive expectations for its stakeholders moving forward. This disciplined approach ensures steady performance, allowing Kennametal to capitalize on market opportunities without being swayed by market volatility or emotional decisions.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Tim Sykes

Head Writer at TimothySykes.com, Lead Mentor at the Trading Challenge
In his 20-plus years of trading, Tim has made $7.9 million. In his 15-plus years of teaching, Tim’s Trading Challenge has produced over 30 millionaire students. His philosophy emphasizes small gains and cutting losses quickly.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

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Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”