Korn Ferry Seen Gaining from Executive Search Growth, Truist Says

02:56 PM EDT, 08/28/2026 (MT Newswires) -- Korn Ferry's (KFY) top line is set to benefit from growth in executive search, along with a potential boost in sentiment from improving labor market and macroeconomic conditions, Truist said Friday in a note. The brokerage said private firms expect executive search to grow 12% in the second half of the year, led by rising volumes in North America. While artificial intelligence is driving workflow efficiency, it has not hurt demand for executive-search firms, reinforcing the durability of the high-touch search model, Truist said. Truist raised its fiscal Q1 EPS estimate to $1.37 from $1.35 and its revenue estimate to $740 million from $736 million. It also projects fiscal 2027 executive-search revenue growth of 8%, up from 6% previously. The investment firm reaffirmed the company's buy rating and raised its price target to $100 from $80. Price: 87.02, Change: +2.37, Percent Change: +2.80