KKR (KKR) Stock Forecast & Price Target

KKR has demonstrated robust financial health, ending September 2025 with $723.2 billion in total managed assets, which includes $585.0 billion in fee-earning assets under management. The company experienced a substantial increase in management fees, growing by 18% year-over-year in the second quarter of 2025, underscoring an expanding revenue stream. Furthermore, the positive outlook is reinforced by expectations of continued growth in fee-paying assets under management, driven by successful capital raising efforts in both private and public markets, alongside solid investment returns.

KKR's substantial level of managed assets, totaling $723.2 billion, is overshadowed by concerns regarding limited transparency due to the predominantly non-public nature of its investments. The potential for changes in the regulatory and legal environment poses risks that may restrict KKR’s capacity to raise capital, execute investments, and achieve gains. These factors contribute significantly to a negative outlook on KKR's stock, suggesting vulnerabilities in its operational and financial flexibility.